Unsold

1957 Ferrari 500 TRC

VIN: 0670MDTRModified

$3,200,000

Unsold

High bid

Seller details

  • Auction

    Gooding & Company

  • Location

    Pebble Beach, CA; US

  • Event date

    Aug 16 - Aug 17, 2008

  • Lot

    140

Vehicle specs

  • Chassis/VIN

    0670MDTR

  • Body style

    Spider

  • Interior Color

    Red leather

  • Exterior Color

    Red, Yellow stripe

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

RHD. Full width windshield, two seats, drivers head fairing. A competently restored historic race car with some use and age evident. The dust in the corners could have been cleaned up to the benefit of the cars presentation. Strong Italian competition history including Targa Florio. Owned by Giulio Dubbini for twenty years. Restored in 2003 and actively historic raced since. Comes with FIA papers, Ferrari Heritage Certificate, assembly sheets and many other documents. Historic race ready.

Market commentary

Bidding opened at $2 million and came close to selling against what is probably a $3,250,000 reserve. Under the circumstances it is a surprise that having come this close a deal wasnt put together off the block, especially when it was sold just two years ago by RM here in Monterey for $2,282,500, especially as theres no mention of the 625 TR engine that went with then. Even taking off a sellers commission this price represented a profit of over 25% in two years, fair enough for a car which has provided its own income through historic racing enjoyment.

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