The 1957 Ferrari 250 Testa Rossa, which we had earlier shown you in our segment on Most Expensive Ferraris, is one of the world’s most expensive vintage cars. At a recent auction in Monterey, this 1957 version of Ferrari crossed its other competitors after being sold for $16.39 million.
The car had an ill-fated start to its career. At the end of the Le Mans 1958, the car was completely charred and was rendered beyond use. This incident happened yet again later as well, but full restoration of the vehicle ensured that within 1961, it won 10 out of the 16 races that it took part in, including the 1958 Buenos Aires 1000 km where it secured a 4th position. The other major achievement of the vehicle was the World Championship title win in 1958, which was the 3rd consecutive win at the race for Ferrari. The car’s technical finesse was showed in the multiple components it used such as the 300 BHP @7200 RPM power generation capability along with 2953 cc Type 128 LM V-12 design of the engine, 4-speed manual transmission, coil springs, Houdaille Hydraulic shock absorbers, anti-roll trailing arms rear suspension, and the 4-wheel drum brakes. Though it was what Ferrari has always stood for, but these features are known to be some of the most significant of that time.
The person, who won the auction bidding process this year, did so after paying a premium on the winning bid which sealed the car’s fate in his favor. Hopefully, he would be carrying with him a successful car in history with a rough storyline to go with it.