Tim Hall / RM Sotheby’s / Goodman & Company
Most cars write off assets that lose half their value the moment you drive them out of the parking lot. Still, some have proven they have such important history in auto racing or elsewhere that they can appreciate it – it occasionally exceeds several tens of millions of dollars. Auction houses like RM Sotheby’s, Gooding & Company, Bonhams, and Artcurial usually take care of selling these ultra-high-end classics, and the prices will amaze you. Many of these vehicles were originally purchased directly from racing teams or from a collector or private collection – and on rare occasions someone got lucky and found a car in an old barn.
Price: $ 17.6 million
Ferrari made its debut with the 250 LM in 1964 and took first place in the 1965 Le Mans 24 Hours. This legendary racing car was limited to just 32 copies and represents Ferrari’s last victory at Le Mans. Driven by a 320 hp V12, it was one of the most dominant racing cars of the 1960s. This 250 LM, chassis no. 6105, sold for $ 17.6 million by RM Sotheby’s in 2015.
Price: $ 18.1 million
The 1959 250 GT LWB California Spyder Competizione was an upgraded and more aggressive version of its SWB counterpart. This car is one of nine vehicles with a light alloy body and contributes to the rarity of the car. This one, chassis no. 1603, sold by Gooding & Company in 2016 for $ 18.1 million.
Price: $ 18.3 million
The Ferrari 375 Plus Spider was launched in 1954 and won major races such as Le Mans, the 1000 km of Buenos Aires and Silverstone. Only eight 375 Plus Spiders were built and the original model, chassis no. 0384, was bought by Bonhams at the Goodwood Festival of Speed in 2014 for 18.3 million. It was disassembled for parts and the chassis was bought by Belgian racing driver Jacques Swaters, who restored it. When Swaters died, his daughter was declared the rightful owner in court and sold the car through Bonhams to Victoria’s Secret founder, Les Wexner.
Price: $ 19.8 million
Alfa Romeo and Touring built another version of the 8C in 1939. Touring’s 8C 2900B Lungo Spider is a convertible version of the original 8C, only 12 of which were built. This 8C, chassis no. 412041, was sold by RM Sotheby’s for $ 19.8 million in 2016, making it the most expensive pre-war car ever sold. Sotheby’s describes the 8C as “the Italian equivalent of the Bugatti Atlantic”.
Price: $ 19.8 million
Most cars that sell for tens of millions of dollars date back to half a century ago. The McLaren F1 debuted in 1992 and already has astronomical worth. The most expensive McLaren, the F1 LM is famous for honoring the five F1 GTRs that competed at Le Mans in 1995, finishing 1st, 3rd, 4th, 5th and 13th. The F1 is equipped with a 6.1 liter naturally aspirated V12 engine that develops 618 hp. Only six F1 LM were built. Chassis number. 018, seen here, was sold by RM Sotheby’s for $ 19.8 million in 2019.
Price: $ 20.5 million
A 1995 McLaren F1 was on the auction block in Monterey just two weeks ago. This was painted in Creighton Brown with Brazilian Brown upholstery. It was originally sold to a buyer in Japan and remained with the original owner until 2012. This model has rarely been driven as the speedometer reads less than 390 kilometers, which is roughly 250 miles. Chassis number. 029 sold by Gooding & Company for $ 20.5 million.
Price: $ 21.7 million
The Jaguar D-Type won Le Mans in 1956, where it was driven by the Scottish racing team Ecurie Ecosse. The D-Type wore a Scottish blue skin and was equipped with an in-line six-cylinder engine that developed 250 hp. After the management of Ecurie Ecosse, this D-Type was owned by two private parties and was kept in pristine condition. This D-Type chassis no. XKD 501 was auctioned by RM Sotheby’s in 2016 and sold for $ 21.7 million.
Price: $ 22 million
The 1935 Duesenberg SSJ is an American automobile legend. The SSJ draws its power from a double-charged eight-cylinder in-line engine with 400 hp. This SSJ is just one of two examples built and was originally delivered to American film star and three-time Oscar winner Gary Cooper. The car has changed hands twice since it was delivered and was auctioned by Gooding & Company in 2018. The SSJ with chassis no. 2594 cost a staggering $ 22 million, making it the most expensive American car ever sold.
Price: $ 22 million
The Ferrari 290 MM was built to compete in the 1956 Millie Miglia, which it won with Eugenio Castellotti at the wheel. Only four 290 MM were built and only three remain. This 290 MM with chassis no. 0628, was auctioned by RM Sotheby’s for $ 22 million in 2018.
Price: $ 26.4 million
The Ferrari 275 GTB was built to compete with the Ford GT40 and Shelby Cobra Daytona in 1965. The 275 GTB / C Speciale from Scaglietti was a tuned version of the regular 275, but with 70 more hp and 320 hp. The Italian coachbuilder Scaglietti began working with Ferrari in the 1950s. The jointly designed 275 GTB / C Speciale is one of the rarest Ferraris, as only three models were built, with chassis no. 06701 sold for $ 26.4 million in 2014.
Price: $ 27.5 million
Another iconic 275 was the GTB / 4 NART Spyder. NART was of course Luigi Chinetti’s North American Racing Team, which used Ferraris in races in the USA and France. Chinetti was Ferrari’s US distributor, a man who had Ferrari’s ear when it came to developing new models. The Spyder was one such creation. The car was powered by a 300 hp V12, which was a lot for 1967. Chassis NR. The 10709, which was driven by Autoweeks own Denise McCluggage in Sebring, was one of only 10 275 GTB / 4 NART Spiders ever built. It sold for $ 27.5 million.
Price: $ 28 million
Another 1956 Ferrari 290 MM sold for $ 22 million in 2018, but this 290 MM, chassis no. 0626, grossed $ 28 million in 2015. This car was built for five-time Formula 1 champion Juan Manuel Fangio to compete in the 1956 Millie Miglia, where it finished 4th.
Price: $ 29.6 million
The 1954 Mercedes-Benz W196R drove in Formula 1 in the 1954 and 1955 seasons. It won successive drivers’ championships under the command of Juan Manuel Fangio and was auctioned in its “authentic” condition. The W196 still has dents and blemishes all over the body from two intense racing seasons. The W196 was sold by Bonhams for $ 29.6 million in 2013.
Price: $ 35.7 million
The 1957 Ferrari 335 Sport Scaglietti is one of the most beautifully shaped Ferraris ever built with its curved lines and bright Rosso Corsa paintwork. It is famous for bringing home the 1957 Manufacturers’ World Championship but has participated in countless other races. This 335 is one of four built, chassis no. 0674 and auctioned for $ 35.7 million.
Price: $ 38.1 million
There are expensive cars and then there is the Ferrari 250 GTO from 1962. It was the winner of three consecutive FIA World GT Championships. The 250 GTO is equipped with a five-speed manual transmission and a V12 engine with 296 hp. In 2014 this 250 GTO, chassis no. 3851GT, auctioned at Bonhams for $ 38.1 million.
Price: $ 48.4 million
The original price of a 1962 Ferrari 250 GTO was $ 18,000. In 2018 the Ferrari 250 GTO was made by Scaglietti chassis no. The 3413 GT sold for $ 48.4 million and is currently the record for the most expensive car sold at auction. It was the third of 36 GTOs built. RM Sotheby’s describes the car as “the most important, sought-after and legendary car in the world”. Another 250 GTO, chassis no. 4135GT, sold for a record price of approximately $ 70 million in a private sale to WeatherTech founder David McNeil.
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