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December 11, 2018

By: Jonathan

CARS

Ferrari 290 MM Joins Top 10 Most Expensive Cars Sold At Auction

RM Sotheby’s wrapped up their 2018 auction season at the renowned Petersen Automotive Museum this past weekend in Los Angeles, CA. In all the single day auction saw $39.8 million in total sales with an astounding $22,005,000 of that coming from the sale of this rare 1956 Ferrari 290 MM by Scaglietti.

As an official Scuderia Ferrari Works car for two years, 1956 and 1957, this 290 MM saw a relative who’s who of drivers behind the wheel piloting it to a number of wins. Most notably is the Ferrari’s win at the Nassau Trophy and Memorial race with Stirling Moss driving and its podium finishes at Mille Miglia and 1000 KM of Buenos Aires.

Today only three examples of the 290 MM remain in existence and this is the top. Having undergone restoration by Ferrari Classiche it was fully restored and wears the livery of its 1957 12 Hours of Sebring outing. Chassis No. 0628 it features, “matching-numbers engine, gearbox, and original body” which undoubtedly is part of what sparked a bidding war between three phone buyers before ultimately being hammered at $22,005,000. This mind-blowing sum, which apparently three people had just laying around, puts the 1956 Ferrari 290 MM by Scaglietti in the top 10 of most expensive cars ever sold at auction.

[Photography courtesy of RM Sotheby’s.]

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