There's no shortage of expensive, rare Ferraris, including those that have racing history. But this 1964 Ferrari 275 GTB that will be auctioned at Gooding and Company's Scottsdale auction is a bit unusual. For one thing, it's the one-and-only prototype of the 275 GTB model line. This was the car that was used to develop the new sports car as well as several of the features that were firsts for the brand, including independent rear suspension and a rear transaxle. It was also the test bed for the
Steve McQueen had one, before crashing his. A similar NART Spider was auctioned at RM Auctions' Monterey event in 2013, for a staggering $27.5 million.
Of the 21 multi-million-dollar lots sold over RM Auctions' two-day Monterey event, the top six were Ferraris while the top four were members of the vaunted 275 family. In total, 13 of the 21 seven- and eight-figure entries bore the yellow shield and prancing horse of the Scuderia.
We know from many, many years of watching classic car auctions, that there are certain qualities that ensure big money. For example, putting tiny silver horses and/or yellow badges on a red car will probably bring in a lot of cash. This is doubly true if said car hails from the 1950s or 1960s, and it's triply true if some dude drove it around in circles or if a celebrity owned it. That, friends, is how you make the serious dosh at auction.
The New York Times' Wheels blog has a really interesting story on a pair of Ferraris that are set to be auctioned off in Monterey during the Pebble Beach Concours d'Elegance. While the two cars are similar on the surface, their differing histories and Ferrari's attitude towards one of them has led to a sort of experimental auction process.
Although the vast majority of eyeballs were tuned to the madness at Barrett-Jackson this past weekend, that televised car auction wasn't the only high-dollar game in Arizona. RM Auctions brought its usual gaggle of exotic wares to the desert, and the car that came out on top sold for much more than Barrett-Jackson's highest sale, the Batmobile.