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1967 Ferrari Becomes the Most Valuable Road Car Ever Sold at Auction

RM Auctions, the world’s largest collector car auction house for investment-quality automobiles, made history over two nights during its 2013 Monterey sale weekend by hitting a sales total of more than $125,000,000, with over 87 percent of all lots sold, making it the highest-grossing collector car auction of all time. Of the 120 handpicked lots, the star was an ultra-rare 1967 Ferrari 275 GTB/4*S N.A.R.T Spider, which sold for an astounding $27,500,000 on Saturday. This incredible price makes the car the second most expensive car ever to be sold at public auction and comfortably the most expensive Ferrari ever sold at auction. 

The 275 GTB/4*S N.A.R.T Spider is one of the world’s rarest cars, with only 10 cars having been built in the 1960s, commissioned by Ferrari’s American importer, Luigi Chinetti. The particular car sold in Monterey this weekend is even rarer for the fact that it has been in the same family’s ownership since it was new. The price realized for the car establishes a new world record for a Ferrari sold at public auction, and makes the car the second most valuable car to ever be sold at auction as well as the most valuable road-going car ever sold at auction. Furthermore, all proceeds from the sale will be donated to charitable causes close to the heart of the late owner, Mr. Eddie Smith Sr.

The Friday night sale saw no less than 11 cars achieve more than $1,000,000. A rare 1953 Ferrari 375 MM Spider with an incredible racing history and a unique one-off pontoon fender body sold for $9,075,000. The 375 MM crossed the block shortly after an additional star lot, the 1939 Mercedes-Benz 540K Special Roadster, with one-off coachwork by Sindelfingen, sold for an incredible $7,480,000. On Saturday, alongside the N.A.R.T Spider, eyes were also firmly fixed on the 2012 Pebble Beach Concours d’Elegance Best of Show-winning 1928 Mercedes-Benz 680S Torpedo Roadster, which sold for $8,250,000. An exquisite, multi-award-winning car, the Torpedo Roadster is widely considered to be  one of the most desirable pre-war cars ever made.

The star lots headed a remarkable sale that saw 26 cars sell for prices in excess of $1,000,000 each and numerous auction sale records established.

RM Monterey Million-Dollar-Plus Sales

  • 1967 Ferrari 275 GTB/4*S N.A.R.T Spider - $27,500,000
  • 1953 Ferrari 375 MM Spider – $9,075,000
  • 1928 Mercedes-Benz 680S Torpedo Roadster - $8,250,000
  • 1939 Mercedes-Benz 540K Special Roadster  - $7,480,000
  • 1955 Ferrari 750 Monza Spider - $4,070,000
  • 1955 Jaguar D-Type – $3,905,000
  • 1974 McLaren M16C Indianapolis - $3,520,000
  • 1954 Ferrari 500 Mondial Spider Series I - $3,520,000
  • 1950 Ferrari 166 MM Barchetta – $3,080,000
  • 1961 Ferrari 400 Superamerica SWB Coupe Aerodinamico – $2,750,000
  • 1953 Maserati A6G/2000 Spyder - $2,530,000
  • 1935 Hispano-Suiza K6 Cabriolet -$2,255,000
  • 1960 Aston Martin DB4GT- $2,200,000
  • 1960 Maserati Tipo 61 ‘Birdcage’ - $2,090,000
  • 1958 Lister-Jaguar ‘Knobbly’ Prototype – $1,980,000
  • 1995 Ferrari F50 - $1,677,500
  • 1971 Ferrari 365 GTB/4 Daytona Spyder - $1,650,000
  • 1955 Mercedes-Benz 300SL Gullwing – $1,485,000
  • 1957 Mercedes-Benz 300SL Roadster – $1,430,000
  • 1964 Ferrari 250 GT/L 'Lusso’ Belinetta  – $1,386,000
  • 1996 Ferrari 333 SP Evoluzione - $1,375,000
  • 1960 Ferrari 250 GT Cabriolet Series II – $1,292,500
  • 1955 Mercedes-Benz 300SL Gullwing - $1,265,000
  • 1990 Ferrari F40 -$1,155,000
  • 1961 Ferrari 250 GT Cabriolet Series II - $1,100,000
  • 1911 Rolls-Royce 40/50 HP Silver Ghost Roadster - $1,017,500