This amount is a record for Ferrari and by virtue of this sale the Ferrari became the second costliest car to be auctioned. This particular Ferrari was one of the ten produced worldwide and it was estimated to sell between $14 and $17 million.
Apart from RM Auctions other auction houses that participated in the auction included Gooding and Company and Bonhams. Other premium cars that were sold during the auction included a 1957 Ferrari 250 GT TdF Berlinetta, 1953 Ferrari 375MM Spyder, 1937Bugatti Type 57SCAtalante, 1997 McLarenF1 Coupe, 1928Mercedes-Benz 680S Torpedo Roadster, 1939Mercedes-Benz540KSpecial Roadster, 1955 Ferrari 250GTCompetizione Berlinetta, 1948 Alfa Romeo6C 2500 Competizione Coupe and 1931Bentley 4.5 Litre Supercharged Le Mans Roadster.
The second costliest Ferrari that was auctioned went for $9,460,000 with the least amount for the auction being $4,647, 500 for the 1931Bentley 4.5 Litre Supercharged Le Mans Roadster.