1952 Ferrari 340 Mexico

VIN: 0226AT

$3,685,000

Sold

Seller details

  • Auction

    RM Auctions

  • Location

    Monterey, CA; US

  • Event date

    Aug 19 - Aug 20, 2011

  • Lot

    237

Vehicle specs

  • Chassis/VIN

    0226AT

  • Body style

    Berlinetta

  • Odometer

    4711 K

  • Transmission type

    Standard

  • Interior Color

    Tan cloth

  • Exterior Color

    Red

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

RHD. 3 point Simpson belts, silver painted Borrani wire wheels, 6.00 16 Michelin Pilote X blackwall tires. Alberto Ascaris mount for the 1952 Carrera Panamericana, a race that ended early when Ascari crashed, later raced by Carroll Shelby and Jack McAfee at Offut AFB in Omaha. Later owned for a decade by Larry Nicklin. Restored in 1988 for J. Willard Marriott with many subsequent awards including Best in Show and the 1988 FCA Elkhart Lake Concours and a class win at Pebble Beach. Later ran the Colorado Grand several times and the Monterey Historics. Good cosmetics. Chassis shows use and age but not much.

Market commentary

Having just seen its sister car 0224AT sell at RMs Amelia Island for $4,290,000, a car with more racing success than 0226AT and stunning originality, its no suprise that 0226AT nearly tripled the $1,377,500 it brought at Christies Pebble Beach auction in 1999. The aggressive Vignale coachwork and famed 1 2 3 livery are fixed in many collectors brains as the image of early competition Ferraris from a time when the Carrera Panamericana was a heralded event on a par with LeMans and the Targa Florio, but with American cars and drivers. Its worth every penny of the price it brought.

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.