Ferrari 250 Testa Rossa Breaks All-Time Auction Record

Ferrari 250 Testa Rossa at Ferrari Leggenda e PassioneRM Auctions, in association with Sotheby’s, made history at the Ferrari factory in Maranello as a 1957 Ferrari 250 TR, chassis no. 0714TR sold for €9,020,000 at the third annual Ferrari Leggenda e Passione event to set a new world record for the most expensive motor car ever to be sold at auction.

Returning to its Maranello birthplace for its auction debut, the €9,020,000 sale price for 0714TR represents €1,980,000 more than the previous auction world record which was set at the same sale last year.

“The historical significance of this car attracted a bidding war as collectors from around the world – both in the room and on the telephone – competed to secure one of the most alluring and iconic of all Ferrari racing cars,” said Max Girardo, Managing Director of RM Europe.

“The eyes of the world were watching today’s sale as cars of this quality are so rarely offered to the market. The quality and the provenance of the Testa Rossa speaks for itself and the price we achieved today is testament to that. We are delighted with the result the car achieved today,” he added.

The beautiful and immediately recognizable Scaglietti-designed ‘pontoon-fender’ 250 TR was produced from 1957 to 1958 during which only 22 examples were constructed. The Ferrari 250 TRs entered 19 international championship races from 1958 through 1961 emerging with 10 victories and earning them legendary status among discerning collectors, as well as the honor of being one of the most desirable and competitive racing Ferraris ever built. 0714TR was extensively campaigned in its day with significant finishes at the world’s most important racing events including the 1000 km Buenos Aires in January 1958.

Presented by RM Auctions in association with Sotheby’s, the Ferrari Leggenda e Passione is the only auction of its kind dedicated to the Ferrari marque, held at the Maranello factory grounds and endorsed by the Ferrari factory.

[Source: RM Auctions]

Show Comments (8)

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  1. That is a good, solid, real price for a masterpice! Here’s my Beef:

    Take the $5.5 Mil Bid on the Cali Spyder:

    For a street car this is all the money in today’s market, and in my opinion is way too
    much for this car in general. Why does this car have more value that a TDF with race
    history, or a 500 TRC (hands down the most beautiful open bodied Ferrari ever) with race
    history etc. I think the people with more money than eye/smarts saw Ferris Beuler (Beuler, Beuler)
    and his day off in the Cali and decided this is one of the most desireable Ferraris…WRONG!!!!
    RACING Ferraris should have the most value and not simple STREET Ferraris, no matter what
    movie they were in or whatever “B” movie actor owned them (McQueen)…..And let’s not mention
    Daytona spyders which are uninteresting shapless hunks of junk….

  2. Simply Amazing!!! I would pay that much for the car.. Its just an amazing and beautiful car.

    And this is to Cliff why would u say the Daytona spyder is a hunk of junk??? Do you own a Daytona Spyder will u ever own one is the question?? It dont matter what kind of Ferrari it is. They are ALL beautiful cars any Ferrari it does not matter a Ferrari is simply a work of art.

  3. Ok well i had no clue who cliff rueter was or his father for that matter but obviously have probably owned a daytona spyder cause i mean your father has had some beautiful and amazing cars sorry for what i said but any Ferrari is beautiful i mean come on it holds the world record for the most expensive car sold at auction it holds like 4 or 5 in the top 10 for most expensive cars sold but i would have to agree racing Ferrari’s should be worth more than street cars but wasn’t this 250 Testa Rossa a race car?? I believe it was but if u still own some of the cars your father owns they are amazing. And again im sorry for what i said about that but then again i am only 16 and love Ferrari’s

  4. Just heard that the Ferrari 330 P4 that finished third in the 1967 Le Mans 24-hour race failed to sell at 7.25 million euros. I wonder what happened to the Maza?

  5. Hard to believe—especially since the Shelby Daytona Coupe saw it’s bidding stall out at 6.8Million.. about HALF of what this TR brought in.

    I think that horse on the badge hypnotizes people.