Ferrari 250 Testa Rossa

$16.4 million Ferrari 250 Testa Rossa sets auction record


A rare 1957 Ferrari 250 Testa Rossa has set a new world record as the most expensive car ever sold at auction, with a final sale price of $16.4 million.

The Ferrari sold during an auction at Pebble Beach Concours d’Elegance in California, USA, which was organised by rare car auction specialists Gooding & Company.

The names of the buyer and seller were not disclosed.

The staggering price tag came down to its rarity – it was the first 250 Testa Rossa ever built, with only 40 cars of the same model being made.

The car features a 3.0-litre V12 engine, producing 300bhp.

It was also a Scuderia Ferrari team car that raced at Le Mans, and has been restored and outfitted in 1958 Le Mans NART (North American Racing Team) livery.

The car’s restoration itself has won multiple awards. The restoration work, done by Dennison International, places the car in the rarest of elite race cars.

Among those who have driven this Ferrari include Dan Gurney, Phil Hill, and Count Wolfgang Von Trips, who took third place with the racer at the Venezuelan Grand Prix in 1957, helping to secure the manufacturer’s title for Ferrari that year.

The car has competed at nearly all of racing’s legendary events, including Sebring, Le Mans, Targa Florio and the Nürburgring.

The previous world record for a car sold at auction was set by a 1957 Ferrari 250 Testa Rossa which fetched €9 million in May 2009 during an auction in Ferrari’s home of Maranello, Italy.

Lana Galea View Comments

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  • Anonymous

    a great car worth every penny  eric

  • Jason Scott

    I hope it gets driven and not just stored for show

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