£10m Ferrari 250GT and £7m 250MM join Monterey sale line-up

By Lizzie Pope

| 19 Jul 2018

£10m Ferrari 250GT and £7m 250MM join Monterey sale line-up

As if the most expensive car to ever go to auction – a 1962 Ferrari 250GTO – wasn't enough, RM Sotheby's has revealed that two more super-rare Prancing Horses will also cross the block at its Monterey sale (24-25 August).

How rare? We're talking a 1953 250MM Berlinetta with extensive period racing history and a 1960 250GT SWB Alloy Berlinetta Competizione.

In total, 29 Ferraris will go under the hammer at this major sale next month in California.

1953 250MM Berlinetta

Only 31 250MM Berlinettas were built and of these 18, including this one (chassis number 0344 MM), wore Pinin Farina bodywork.

Its second owner, Mas-Olle Persson of Sweden, repainted the 250MM blue and exhibited it at the 1954 Swedish International Motor Show, after which he entered it in Swedish road and ice races, its best result being third in class at the 1954 Helsinki Grand Prix.

In 1972, the car joined Pierre Bardinon's collection, then the most impressive group of Ferrari racing and sports cars in the world.

The 250MM's current owner bought it in 2010 and had it painted in midnight blue and cosmetically refreshed. It's expected to sell for between $7.5m and $9m (£5.7m-6.9m).

250 GT SWB Alloy Berlinetta Competizione

The 250 GT SWB Alloy Berlinetta Competizione, meanwhile, is a highly original example which – unusually for the model – has never experienced racing damage.

Chassis no. 2163 GT, it is one of just 42 alloy-bodied competition SWB examples produced in 1960 and wears its original colour combination of Rosso Chiaro over Nero leather. The price for this one? A snip at $9.5m-13m (£7.3m-10m).

1972 Ferrari 365 GTB/4 Spider Competizione (left), and 1954 Ferrari 375 America Coupe

Also up for grabs will be a 1972 Ferrari 365 GTB/4 Spider Competizione by Michelotti. A particularly notable machine, it is one of only four 365 GTB/4 Spiders to be rebodied by the famed coachbuilder and appeared at the 1975 Geneva Motor Show.

It was then entered in – and qualified for – the 1975 24 Hours of Le Mans, only to miss out on the race proper when owner Luigi Chinetti withdrew his entire North American Racing Team at the eleventh hour. It has since competed multiple times at both the Tour Auto and Le Mans Classic, and will command an estimated $2.3m-3.5m (£1.7m-2.7m) fee.

If you think that's expensive, look away now – because the next car, a 1954 Ferrari 375 America Coupe, is expected to sell for between $3.5m and $5m (£2.7m to £3.8m).

Chassis no. 0327 AL, it is a unique creation by coachbuilder Vignale and appeared at the 1954 Geneva Motor Show. One of only 12 built – each of which was fitted with custom coachwork – it goes to auction in its original colour scheme and equipped with its original engine.

This 250GTO is to be auctioned at the same sale with an estimated $45m price tag

“RM Sotheby’s has long been the market leader in the sale of important Ferraris at auction, and this year’s Monterey offering certainly embodies our expertise,” says Gord Duff, Global Head of Auctions at RM Sotheby’s.

“Led by the incredible 250GTO, our Saturday evening sale session will be dominated by Ferraris, with the 250 MM, 250 GT SWB Alloy, LaFerrari, and more, adding to the excitement.”

We'll have more on the 29 Ferraris going to auction – and indeed on all of the Pebble Beach sales – very soon.

Images: Karissa Hosek / Robin Adams / Erik Fuller / RM Sotheby’s

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