RM Auctions, in association with Sotheby’s, held its 2009 Ferrari Leggenda e Passione auction on May 17th at Ferrari S.p.A. in Maranello, Italy. RM achieved yet another world record result when the 1957 Ferrari 250 Testa Rossa sold for $12,402,500.
RM Auctions’ 3rd annual auction is the only auction dedicated to the Ferrari marque, held within the Maranello factory grounds and endorsed by the Ferrari factory.
The 2009 Ferrari Leggenda e Passione event featured three Maseratis and 33 road and racing Ferraris, headlined by the 1957 Ferrari 250 Testa Rossa, 1967 Ferrari 330 P4, the 1962 Ferrari 250 GT SWB California and a 1956 Maserati 250F Grand Prix Car. As in years past, all cars offered were certified by Ferrari Classiche.
Top sale went to the 1957 Ferrari 250 Testa Rossa at $12,402,500, followed by the 1956 Ferrari 250 GT Tour de France at $3,176,250, 1959 Ferrari 250 GT LWB California Spyder at $2,911,563, and the 1966 Ferrari 275 GTB at $1,096,563. The other featured cars – 1967 Ferrari 330 P4, 1962 Ferrari 250 GT SWB California Spyder and 1956 Maserati 250F Grand Prix Car – did not meet their required reserves.
RM Auctions offered 36 automobiles for sale, with 27 finding a new owner, reflecting a 75% sales rate. Total sales volume was $28,430,875 and the average price per car sold was $1,052,995.