Tuesday, May 19, 2009

Most Expensive Car

RM Auctions and Sotheby's made history yesterday, selling a 1957 Ferrari 250 TR for $12,156,252 (€9,020,000), a new world record for most expensive car to be sold at auction.

Jalopnik said earlier this year, with only 21 Ferrari 250 Testa Rossa with the Scaglietti designed pontoon fender body, chassis no. 0714TR is more rare than the 36 250 GTO's made. Add to that the very unique and quite sexy black and red paint, the great history — it was the fourth Ferrari 250 Testa Rossa built, the second customer car and is in absolutely pristine restored condition — and you've got one hot piece o' auction action.

Sure enough, yesterday when returning to its Maranello birthplace for the auction debut, the '57 Ferrari sold for €9,020,000 ($12.156 Million). That's €1,980,000 ($2.668 Million) more than the previous auction world record set at this same sale last year.


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