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1957 Ferrari 250 Testa Rossa sells for record $39.8 million

This might not come as a shock, but ultra-rare vintage cars are only going to get more expensive as time rolls on, particularly if there's a prancing horse on the car's nose. For example, in 2011, a Ferrari 250 Testa Rossa sold for $16.39 million. In February 2012, a 1964 250 GTO sold for nearly $32 million. Later that year, a 1962 250 GTO sold for $35 million. It was the most expensive car ever sold, making last year's 275 GTB/4 NART Spider and its $27.5-million auction price seem like a drop in the platinum-lined bucket. Now, there's been another high-dollar Ferrari sale.
An unrestored, 1957 250 Testa Rossa was reportedly sold for over $39 million, making it the most expensive car ever sold in the United Kingdom. Just for perspective, $39 million is about 28 LaFerraris or roughly 128 F12 Berlinettas. It's not the most expensive car ever sold, but it still represents a huge sum of money for a classic car. Part of the reason for chassis number 0704 - the car pictured above is 0714, which sold for a mere $12.2 million in 2009 - being sold for so much is down to its excellent provenance.
It made its race debut at the 1957 24 Hours of Le Mans, although it failed to finish. Phil Hill and Peter Collins racked up wins with this exact car in Buenos Aires and Sebring, according to the folks at Hemmings. Combining race wins by a former Formula One World Champion with an unrestored example of an extremely rare car (one of just 34 250 Testa Rossas ever built) makes its monumental sale price almost seem reasonable.

That aluminum-bodied '69 Ferrari Daytona barn find sold for $2.2M

Barn finds are a strange thing. The idea that some beautiful or rare car can simply be locked away and forgotten about seems unthinkable to many enthusiasts. Still, there's entire communities and several television shows dedicated to unearthing these vehicles. One of the most notable finds in recent memory was the sole road-going aluminum-bodied 1969 Ferrari 365 GTB/4 Daytona in existence. The car just sold for about $2.2 million at an RM Sotheby's auction this past weekend. According to the auction house, this is the 30th of just over 1,200 Ferrari Daytonas ever built. This particular car was found stowed away in Japan, having sat collecting dust and dirt for nearly 40 years. While five aluminum-bodied Daytonas were built for racing, this is the only known street car with aluminum body panels. According to an evaluator, the engine and transaxle are both numbers matching. The odometer reads 36,390 kilometers, or about 22,611 miles. That number is believed to be accurate. All the aluminum body panels wear the correct Scaglietti markings. This car has Rosso Chiaro paint over Nero leather (red over black). Other options include Plexiglas headlamps and power windows. The interior is said to be in surprisingly good shape. The car sold for just more than its initial estimate. Let's hope the new owner gets it back into running condition. Related Video: Featured Gallery 1969 Ferrari 365 GTB/4 Daytona Berlinetta Alloy View 25 Photos News Source: RM Sotheby's Ferrari Auctions Coupe Classics

1954 Ferrari 375 MM Scaglietti Coupe named Best In Show at Pebble Beach Concours d'Elegance

For the first time in the event's 64-year history, the prestigious Best In Show honor at the Pebble Beach Concours d'Elegance has been awarded to a Ferrari. The 1954 375 MM Scaglietti Coupe seen here is owned by car collector Jon Shirley of Medina, WA, and as it turns out, has quite a rich history.
Nevermind the fact that it's currently one of five road-going 375 MMs - this example was ordered by film director Roberto Rossellini, and was actually born as a Pininfarina-bodied competition Spyder. Following an accident, the car's original body wasn't able to be saved, but the chassis was sent to Carrozzeria Scaglietti in Modena for replacement, and the finished product became the company's first passenger car design for Ferrari.
Following its tenure with Rossellini, the car was owned by Mario Savona of Palermo, and later Charles Robert of Paris. Years later, the car was restored by its current owner in 1995, after being found in an underground garage in a Paris suburb.