1964 Ferrari 250 LM

Coupe12-cyl. 3286cc/320hp 6 Weber Carbs

North America

Drivers ClubModified

$11,550,000

Sold August 15, 2014

Hagerty expert commentary

Our staff has reviewed this vehicle. Here are our notes.

Equipment

Painted Borrani wire wheels, Dunlop Racing tires, covered headlights, sliding side windows.

Condition

Driven by Bill Harrah until April 1966, then to Dr. Hart Isaacs in Beverly Hills. Toasted in a fire in 1969, melting the aluminum body. Eventually disassembled and restored in several Italian shops. Restored again in 2009 by DK Engineering in the UK. Some parts separated by Ron Kellog and sold to Richard Freshman who created a duplicate car based on the chassis number stamped chassis tube and original engine, later reunited with this car in Ferrari Classiche and the remains of the duplicate destroyed with this car getting the Red Book Ferrari Classiche certification. Excellent paint, bright trim and interior. Freshly restored and better than new, multiple award winner at Cavallino Classic in 2014.

Market

The 'lengthy and detailed history file' on this 250 LM must be fascinating to read through as few automobiles have survived such a fraught and convoluted history. It is perhaps telling to note that during the preview in the lobby of the Portola hotel many people walked right by the 250 LM, probably unaware of what it is, or the model's history. Even with this involved history, at 1/3 the price of the reconstructed 250 GTO sold this year it represents very good value. And the new owner will always have an intriguing tale to tell.

Hagerty Condition Rating#2 ExcellentCould win a regional car show. Drives like new.

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