1957 Ferrari 250 TR

VIN: 0666TR

$16,390,000

Sold

Seller details

  • Auction

    Gooding & Company

  • Location

    Pebble Beach, CA; US

  • Event date

    Aug 20 - Aug 21, 2011

  • Lot

    18

Vehicle specs

  • Chassis/VIN

    0666TR

  • Body style

    Spider

  • Interior Color

    Beige cloth

  • Exterior Color

    Red; White, Blue stripes

  • Generation

    1957-1958 Ferrari 250 Testa Rossa

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Silver painted Borrani wire wheels. The first 250 TR. Raced by Ferrari in the 1000km of the Nurburgring, the Swedish GP, then rebodied in the current pontoon fender style and shipped to Venezuela for the Caracas GP where Von Trips and Seidel finished 3rd. It was 2nd in Buenos Aires with Von Trips, Gendebien and Musso, then a dnf after being crashed by Seidel in the Targa Florio. Raced at Le Mans for NART by Gurney and Bruce Kessler where it crashed and burned. Rebodied again it was sold to Rod Carveth and raced at Sebring and Le Mans. Later burned again in an insurance scam. Freshly restored in 2008 by Dennison International, Ferrari Classiche certified. Excellent paint and interior. Restored like new with some road grime from use and less than assiduous pre sale detailing.

Market commentary

The highest price ever paid for a collector car at auction accompanied by unusual auction theater as Goodings Jakob Greisen represented a bidder standing outside the tent hidden from view. Reserve was met at $12 million, but the bidding went on between the man behind the curtain and a phone bidder in $100K bumps. This result is patently huge, nearly 25% over the reserve, which itself would have been a generous price for a car, even a race car, with 0666 TRs history of crashes, fires, repairs, rebodies, no significant wins and only two significant finishes. Do not expect to see this combination of exuberance recur any time soon.

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