Ferrari 250 LM Beats Auction Projections at $14.3 Million

Ferrari 250 LM

A racy 1964 Ferrari 250 LM changed hands for $14.3 million at the ‘Art of the Automobile’ auction recently. The luxury event was a hosted by Sotheby’s and RM Auctions and marked the first such event to take place in Manhattan in over a decade. The sale is the most paid for the 250 LM model to date.

The 1964 Ferrari 250 LM became the star of the Art of the Automobile auction jointly hosted by Sotheby’s and RM Auctions in Manhattan. The swanky event was the first auto auction in the city in many years.  read more