1949 Ferrari 166 MM

VIN: 0024M

$1,870,000

Sold

Seller details

  • Auction

    Motoexotica

  • Location

    Phoenix, AZ; US

  • Event date

    Jan 15, 2011

  • Lot

    285

Vehicle specs

  • Chassis/VIN

    0024M

  • Body style

    Spider

  • Interior Color

    Brown leather

  • Exterior Color

    Red

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

RHD. Good paint and interior. Silver painted wire wheels. Chassis not as fresh as the body and upholstery. Displayed at the Paris Show in 1949 in Argentine colors, then won the 1950 Mar del Plata road race driven by Carlos Menditeguy. Then driven by Luigi Terravazzi with Aprile Palmer in the 1951 Mille Miglia finishing 8th in class. Later rebodied as a Vignale berlinetta and Chevy V 8 powered in the U.S. still later (installed by Warren Olsen). Finally restored with its original engine and a repro body by Bob Ford for Keith Duly. In Japan from 1995 2008, and thats only the Readers Digest version. Whew! No Reserve.

Market commentary

Hardly pure, but enough so its MM history and correct style coachwork will be a compelling argument for participation in MM style events and just about anywhere else the new owner wants it to take him or her. With its original 3 Weber engine and 5 speed gearbox its performance should be up to the task. Among early Ferraris this is something of a find, and a serious value to its new owner as well as appropriately price for the seller. A lot of participation options for the money, as well as charismatic Touring barchetta design as eye candy.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.