{"id":461214,"date":"2007-08-01T03:03:30","date_gmt":"2007-08-01T10:03:30","guid":{"rendered":"https:\/\/sportscardigest.com\/\/?p=62495"},"modified":"2024-12-06T03:29:44","modified_gmt":"2024-12-06T03:29:44","slug":"ferrari-auction-makes-e34-million","status":"publish","type":"post","link":"https:\/\/www.supercars.net\/blog\/ferrari-auction-makes-e34-million\/","title":{"rendered":"Ferrari Auction Makes \u20ac34 Million"},"content":{"rendered":"

Ferrari\u2019s big, silver logistics building at Maranello was packed to the gunwales with enthusiasts, many of whom were set on buying themselves a piece of exotic motor racing history. They were attending the exclusive RM Auctions-Sotheby\u2019s May sale of historic Ferraris and associated memorabilia, which fetched a stunning \u20ac34 million, the equivalent of almost US$46 million.<\/p>\n

\"\"<\/a>
Other outstanding lots included this 1953 340\/375, which sold for $5.6 million. Photo: Peter Collins<\/figcaption><\/figure>\n

The highest price was paid for the front-engined 330 TRi LM in which Phil Hill and Olivier Gendebien took pole position, set the fastest lap of 3 mins 57.3 secs and won the 1962 24 Hours of Le Mans. The car was knocked down for \u20ac7 million or US$9,433,900 to an anonymous telephone bidder, who was said to be neither Italian nor American. The same went for other enthusiasts who bought a 1953 340\/375 sports saloon for \u20ac4.2 million (US$5,660,340), a Touring-bodied 4.1-liter 340 MM Touring for \u20ac2.35 million (US$3,167,395), a 1970 4,993-cc 512 S for \u20ac2.7 million (US$3,638,790) and a pair of Scaglietti-bodied 250 SWBs for \u20ac1.9 and \u20ac2.1 million (US$2,560,630 and US$2,830,170) respectively. The 248 F1, in which Felipe Massa won the 2006 Grand Prix of Turkey, went for a more \u201cmodest\u201d \u20ac1.5 million (US$2,021,550).<\/p>\n

\"Photo:<\/a>
Photo: Peter Collins<\/figcaption><\/figure>\n

At the other end of the scale, a pair of Massa\u2019s yellow racing boots were sold for \u20ac1,150 (US$1,550) and one of Michael Schumacher\u2019s driving suits for \u20ac18,000 (US$24,259).<\/p>\n

One of the organizers of the auction bought a Mille Miglia Cup for \u20ac30,000 (US$40,431) and presented it to Ferrari president Luca Cordero di Montezemolo, who attended the sale together with his managing director, Jean Todt.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ferrari\u2019s big, silver logistics building at Maranello was packed to the gunwales with enthusiasts, many of whom were set on buying themselves a piece of exotic motor racing history. They were attending the exclusive RM Auctions-Sotheby\u2019s May sale of historic Ferraris and associated memorabilia, which fetched a stunning \u20ac34 million, the equivalent of almost US$46 million. The highest price was paid for the front-engined 330 TRi LM in which Phil Hill and Olivier Gendebien took pole position, set the fastest […]<\/p>\n","protected":false},"author":172,"featured_media":615033,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10112,56,11577],"tags":[7366,60,17333],"class_list":["post-461214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auctions","category-ferrari","category-auction-action","tag-auctions","tag-ferrari","tag-ferrari-at-auction"],"yoast_head":"\nFerrari Auction Makes \u20ac34 Million<\/title>\n<meta name=\"description\" content=\"Ferrari Auction Makes \u20ac34 Million\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.supercars.net\/blog\/ferrari-auction-makes-e34-million\/\" \/>\n<meta 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