Update: Rare Ferrari Nabs Double at Auction

Two luxury auto auctions recently hit Arizona: RM Auctions and Barrett-Jackson. While Barrett-Jackson may have attracted the most attention, the most expensive car was sold at RM: A 1960 Ferrari 250 GT for $8 million USD!  The classic Berlinetta was expected to net around $4 million, so it doubled sale projections. The highest sale at Barrett-Jackson was a Barris Batmobile, which nabbed a cool $4.6 million.

A 1960 Ferrari 250 GT sold for $8 million at RM Auctions in Arizona, setting a record high for the state.

Lot 164, the Ferrari 250 GT, netted nearly double the amount that the Batmobile raked in. This shows that supercars are still more sought after than mere superheroes…or that every Ferrari 250 just cleans up at auction. The full name of the car is a mouthful: 1960 Ferrari 250 GT SWB Berlinetta Competizione. That kinda makes us appreciative of the simple 2013 Ferrari Berlinetta.

1960 Ferrari 250 GT

About the 1960 Ferrari 250 SWB:

  • Light weight aluminum alloy body
  • Highly-tuned Colombo V12 engines
  • Among the most desired performance sportscars for the street
  • The 250 GT SWB earned victories in the Tour de France from 1960-1962. Also: Goodwood and the RAC Tourist Trophy.
  • Stirling Moss declared the model “Quite difficult to find fault with”.

While $8 million is a staggering price tag, even for a classic Ferrari, there have been more expensive exchanges. Like the 1960 Ferrari California that changed hands for a mere $11,275,000.  At the end of the day, RM Auctions enjoyed a grand total of $36.4 million dollars in sales, a record for Arizona. In total, eight automobiles cracked the million-dollar mark at the auction, making for a great day indeed.

1960 Ferrari 250 GT

Post by Imagine Lifestyles Luxury Rentals