FERRARI
Except otherwise stated, all results include the premium.
See also : Cars Cars 1950s Cars 1955 Cars 1956-57 Cars 1958-59 Cars 1960s Cars 1962-63 Cars 1964-65 Cars 1966-67 Italy
Chronology : 1956 1957 1962 1967
See also : Cars Cars 1950s Cars 1955 Cars 1956-57 Cars 1958-59 Cars 1960s Cars 1962-63 Cars 1964-65 Cars 1966-67 Italy
Chronology : 1956 1957 1962 1967
1955 410 S CM
2014 SOLD for $ 23M by Rick Cole
The variety of the races on road and track forced the leading brands in the 1950s to develop new solutions to win in all circumstances. The diversity of models, sometimes built in only a few units, is a direct consequence.
In 1950 the Mexican government created one of the most dangerous events, the Carrera Panamericana, an endurance race over 3,300 Km on the rough roads of Mexico. In 1954 the Pan-Am is won by Umberto Maglioli for Scuderia Ferrari with a Ferrari 375 Plus. That model was the technological sensation of the year, designed for power and endurance with its big 4.9 liter engine.
In 1955, Ferrari wants to do even better. They develop the 410 Sports or 410 S CM. S in 410 S means Sports. 410 is the volume per cylinder of the Lampredi V-12 engine for its nearly 5.0 liter overall developed for the 410 Superamerica road car. CM meaning Carrera Messicana clearly indicates that Ferrari relied on the Pan-Am for demonstrating their superiority.
It is required that the car is stable. A new chassis lowers the center of gravity and the wheelbase is slightly reduced to a new standard that will be used two years later for the 250 Testarossa. The 410 S is equipped with a vast tank of 195 liters and large pipes to avoid refueling over long distances.
The production started in 1955 with a terminus ante quem before the January 29, 1956 1,000 km Buenos Aires. They are titled 1955. The bodies designed and built by Sergio Scaglietti are wider than the 375 Plus.
Four cars are built, the first two for private clients and the other two for the Scuderia Ferrari. The first, third and fourth cars are spiders. The second car is a berlinetta. The works cars are arguably the most powerful racing cars of the period with an uprating from 335 to 375 hp by twin plug cylinders for a top speed just over 300 km/h.
The final cancellation of the Panamericana for safety and cost reasons after the 1955 Le Mans disaster ruined Ferrari's expectation that the 410 S CM becomes the demonstrator of their unprecedented know how. The 1,000 km Nürburgring was also cancelled. Some experts view that model as the best Ferrari ever made.
The first 410 S CM is a one off spyder made in 1955 by Scaglietti. It waits in vain for the Mexican race which is canceled after the accident at Le Mans, for the great frustration of Enzo Ferrari.
It has been little raced and has an incident-free history. It had been nevertheless driven to overall victory by Carroll Shelby at the 1956 Palm Spring Road Races, under the ownership of the elusive Tony Parravano who disappeared in April 1960 before a trial for tax evasion, never to be heard of again.
It was offered by Rick Cole on August 17, 2014 without a floor session. It is illustrated on the article shared by Sports Car Digest. It was reported as unsold with a maximum bid of $ 22.111M. Sports Car Digest later caught the information that it was sold in post block sale for a final price of $ 23M. This price is confirmed by barchetta.com.
Comprehensively restored in 2017 including the engine rebuild, it was sold for $ 13M by RM Sotheby's on August 17, 2024, lot 357.
Its image is shared by Wikimedia with attribution Sicnag, CC BY 2.0 <https://creativecommons.org/licenses/by/2.0>, via Wikimedia Commons.
Within the low population of four 410 S considered as the best Ferrari ever made and the still lower population of two with twin plug cylinders, the chassis 0598 CM has by far the best racing history, entering nearly 40 events in period and recording 11 victories.
The car was used by the works team in only one event, the 1956 1000 km Buenos Aires where it was driven by Fangio and Castellotti. It was then raced for the privateer John Edgar. Its most successful driver was Carroll Shelby with 8 wins. The car was sold in 1960 by Edgar to Chinetti.
Carroll Shelby inscribed in 2006 on its fuel tank : "Mr Ferrari told me that this car was the best Ferrari he ever built". He said in period "Nothing can touch this Ferrari if it runs" and much later "It was the best Ferrari I ever drove".
Remaining highly original with its engine, chassis and Scaglietti body in matching numbers, it was sold for $ 22M by RM Sotheby's on August 20, 2022, lot 355. Please watch the video shared by the auction house.
Its sister car in the Scuderia Ferrari is the 0596 spider which also entered and did not finish the 1956 1000 km Buenos Aires. It was sold for $ 3.8M by RM Auctions on August 18, 2001.
In 1950 the Mexican government created one of the most dangerous events, the Carrera Panamericana, an endurance race over 3,300 Km on the rough roads of Mexico. In 1954 the Pan-Am is won by Umberto Maglioli for Scuderia Ferrari with a Ferrari 375 Plus. That model was the technological sensation of the year, designed for power and endurance with its big 4.9 liter engine.
In 1955, Ferrari wants to do even better. They develop the 410 Sports or 410 S CM. S in 410 S means Sports. 410 is the volume per cylinder of the Lampredi V-12 engine for its nearly 5.0 liter overall developed for the 410 Superamerica road car. CM meaning Carrera Messicana clearly indicates that Ferrari relied on the Pan-Am for demonstrating their superiority.
It is required that the car is stable. A new chassis lowers the center of gravity and the wheelbase is slightly reduced to a new standard that will be used two years later for the 250 Testarossa. The 410 S is equipped with a vast tank of 195 liters and large pipes to avoid refueling over long distances.
The production started in 1955 with a terminus ante quem before the January 29, 1956 1,000 km Buenos Aires. They are titled 1955. The bodies designed and built by Sergio Scaglietti are wider than the 375 Plus.
Four cars are built, the first two for private clients and the other two for the Scuderia Ferrari. The first, third and fourth cars are spiders. The second car is a berlinetta. The works cars are arguably the most powerful racing cars of the period with an uprating from 335 to 375 hp by twin plug cylinders for a top speed just over 300 km/h.
The final cancellation of the Panamericana for safety and cost reasons after the 1955 Le Mans disaster ruined Ferrari's expectation that the 410 S CM becomes the demonstrator of their unprecedented know how. The 1,000 km Nürburgring was also cancelled. Some experts view that model as the best Ferrari ever made.
The first 410 S CM is a one off spyder made in 1955 by Scaglietti. It waits in vain for the Mexican race which is canceled after the accident at Le Mans, for the great frustration of Enzo Ferrari.
It has been little raced and has an incident-free history. It had been nevertheless driven to overall victory by Carroll Shelby at the 1956 Palm Spring Road Races, under the ownership of the elusive Tony Parravano who disappeared in April 1960 before a trial for tax evasion, never to be heard of again.
It was offered by Rick Cole on August 17, 2014 without a floor session. It is illustrated on the article shared by Sports Car Digest. It was reported as unsold with a maximum bid of $ 22.111M. Sports Car Digest later caught the information that it was sold in post block sale for a final price of $ 23M. This price is confirmed by barchetta.com.
Comprehensively restored in 2017 including the engine rebuild, it was sold for $ 13M by RM Sotheby's on August 17, 2024, lot 357.
Its image is shared by Wikimedia with attribution Sicnag, CC BY 2.0 <https://creativecommons.org/licenses/by/2.0>, via Wikimedia Commons.
Within the low population of four 410 S considered as the best Ferrari ever made and the still lower population of two with twin plug cylinders, the chassis 0598 CM has by far the best racing history, entering nearly 40 events in period and recording 11 victories.
The car was used by the works team in only one event, the 1956 1000 km Buenos Aires where it was driven by Fangio and Castellotti. It was then raced for the privateer John Edgar. Its most successful driver was Carroll Shelby with 8 wins. The car was sold in 1960 by Edgar to Chinetti.
Carroll Shelby inscribed in 2006 on its fuel tank : "Mr Ferrari told me that this car was the best Ferrari he ever built". He said in period "Nothing can touch this Ferrari if it runs" and much later "It was the best Ferrari I ever drove".
Remaining highly original with its engine, chassis and Scaglietti body in matching numbers, it was sold for $ 22M by RM Sotheby's on August 20, 2022, lot 355. Please watch the video shared by the auction house.
Its sister car in the Scuderia Ferrari is the 0596 spider which also entered and did not finish the 1956 1000 km Buenos Aires. It was sold for $ 3.8M by RM Auctions on August 18, 2001.
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1956 290 MM
1
2015 SOLD for $ 28M by RM Sotheby's
Mercedes-Benz stopped its involvement in competition at the end of the 1955 season. Ferrari watched around the corner and managed to sign a contract with Juan Manuel Fangio. Aged 45 in 1956, the Argentine champion felt that his future was unassured due to the fall of Peron and could not any more consider to retire.
The World Sportscar Championship arouses a similar interest as Formula 1. Faced with the formidable challenge from the Maserati 300S, Ferrari prepares the 290 MM, certainly with some recommendations by its new driver. As usual for Ferrari at that time, the race for which the model is specifically prepared is indicated in the description: MM means Mille Miglia. Four cars are built.
The 1956 Mille Miglia are disturbed by heavy rain that causes no less than three fatalities. The competition is won by a 290 MM driven by Castellotti. Fangio is fourth with his car of the same model.
That 290 MM will not be reused later by Fangio but will have a significant history with other top drivers from the Scuderia Ferrari such as Portago, Phil Hill and Gendebien. Sold to a US private owner in the middle of the 1957 season, it is raced until 1964 without any crash.
This car has retained all its original features : chassis, engine, gearbox and its body by Scaglietti. It was sold for $ 28M by RM Sotheby's on December 10, 2015, lot 221.
The World Sportscar Championship arouses a similar interest as Formula 1. Faced with the formidable challenge from the Maserati 300S, Ferrari prepares the 290 MM, certainly with some recommendations by its new driver. As usual for Ferrari at that time, the race for which the model is specifically prepared is indicated in the description: MM means Mille Miglia. Four cars are built.
The 1956 Mille Miglia are disturbed by heavy rain that causes no less than three fatalities. The competition is won by a 290 MM driven by Castellotti. Fangio is fourth with his car of the same model.
That 290 MM will not be reused later by Fangio but will have a significant history with other top drivers from the Scuderia Ferrari such as Portago, Phil Hill and Gendebien. Sold to a US private owner in the middle of the 1957 season, it is raced until 1964 without any crash.
This car has retained all its original features : chassis, engine, gearbox and its body by Scaglietti. It was sold for $ 28M by RM Sotheby's on December 10, 2015, lot 221.
The 1956 edition of the Mille Miglia is otherwise a triumph for the Scuderia Ferrari whose four entered cars, two 860 Monza and two 290 MM, win the first four places.
One of the two 860 Monza ranked second in the above event, driven by Collins. For the 1957 season it remains at the Scuderia but is transformed by the factory into a 290 MM. It was sold to a privateer in August 1957 and then got its first win with Stirling Moss. During its time with the Scuderia it had been driven by the same amazing lineup as the example above.
This car then underwent further transformations, including the pontoon bodywork which ensured in 1957 the success of the 250 Testa Rossa. It was restored by Ferrari Classiche in its 290 MM configuration of early 1957 with the engine, gearbox and bodywork in matching numbers from that phase.
It was sold for $ 22M by RM Sotheby's on December 8, 2018, lot 241. Please watch the video shared by Sotheby's, showing its great road going condition.
The 290 MM model is prestigious but scarce : only four cars ever received this configuration. It was replaced in 1957 by the 315 S in 3.8 liters and the 335 S in 4 liters which are equally rare.
Fangio failed to cooperate permanently with Enzo Ferrari and came back to Maserati just after his one-year contract. The Ferrari cars driven in competition by this champion are indeed extremely rare and the example for sale has an amazing authenticity.
One of the two 860 Monza ranked second in the above event, driven by Collins. For the 1957 season it remains at the Scuderia but is transformed by the factory into a 290 MM. It was sold to a privateer in August 1957 and then got its first win with Stirling Moss. During its time with the Scuderia it had been driven by the same amazing lineup as the example above.
This car then underwent further transformations, including the pontoon bodywork which ensured in 1957 the success of the 250 Testa Rossa. It was restored by Ferrari Classiche in its 290 MM configuration of early 1957 with the engine, gearbox and bodywork in matching numbers from that phase.
It was sold for $ 22M by RM Sotheby's on December 8, 2018, lot 241. Please watch the video shared by Sotheby's, showing its great road going condition.
The 290 MM model is prestigious but scarce : only four cars ever received this configuration. It was replaced in 1957 by the 315 S in 3.8 liters and the 335 S in 4 liters which are equally rare.
Fangio failed to cooperate permanently with Enzo Ferrari and came back to Maserati just after his one-year contract. The Ferrari cars driven in competition by this champion are indeed extremely rare and the example for sale has an amazing authenticity.
1957 315 S / 335 S
2016 SOLD for € 32M by Artcurial
The Prototipi class in endurance racing enables Ferrari to develop in the mid-1950s a range of powerful and spectacular vehicles made in very small quantities. The top goal is to win the Mille Miglia.
In 1956, Ferrari's efforts were rewarded by a return to victory with a 290 MM driven by Castellotti. Another 290 MM driven by Fangio went fourth. This latter car was sold for $ 28M by RM Sotheby's on 10 December 2015.
In 1957 the 315 S with a 3.8-liter engine and the 335 S with a 4-liter engine appear as the successors to the 290 MM. A 315 S driven by Taruffi won the race ahead of another 315 S driven by Von Trips. Unfortunately the most prestigious Italian endurance competition is forbidden by the Italian government following the accident of the 335 S of De Portago.
Other competitions continue and the cars are subject to the improvements necessary to maintain their competitiveness. The Ferrari 315 S which had been used by Von Trips receives a 4-liter engine, becoming a 335 S. It is also equipped with the fender pontoon front intended to reduce the overheating, which makes the glory in the same year of the 250 Testarossa .
After a very good competition history, the 315 S / 335 S enters the collection of Pierre Bardinon who restores it in its spider configuration while separately keeping the pontoon fender that still accompanies the car today. It was sold for € 32M by Artcurial on February 5, 2016, lot 170.
In 1956, Ferrari's efforts were rewarded by a return to victory with a 290 MM driven by Castellotti. Another 290 MM driven by Fangio went fourth. This latter car was sold for $ 28M by RM Sotheby's on 10 December 2015.
In 1957 the 315 S with a 3.8-liter engine and the 335 S with a 4-liter engine appear as the successors to the 290 MM. A 315 S driven by Taruffi won the race ahead of another 315 S driven by Von Trips. Unfortunately the most prestigious Italian endurance competition is forbidden by the Italian government following the accident of the 335 S of De Portago.
Other competitions continue and the cars are subject to the improvements necessary to maintain their competitiveness. The Ferrari 315 S which had been used by Von Trips receives a 4-liter engine, becoming a 335 S. It is also equipped with the fender pontoon front intended to reduce the overheating, which makes the glory in the same year of the 250 Testarossa .
After a very good competition history, the 315 S / 335 S enters the collection of Pierre Bardinon who restores it in its spider configuration while separately keeping the pontoon fender that still accompanies the car today. It was sold for € 32M by Artcurial on February 5, 2016, lot 170.
1962 250 GTO
Intro
It is not enough to be the prettiest berlinetta of its time to win Grand Touring competitions, especially when Jaguar, Aston Martin and Shelby apply ambitious development programs. The Ferrari 250 GT SWB is no longer competitive with its oblique front that lifts at 250 km/h.
A team around Giotto Bizzarrini designs a low body with a tapered front hood. To facilitate the homologation, the new chassis has the same size as the SWB. The studies are validated in wind tunnel. The lowered engine remains a 3-liter Colombo V12 while incorporating several improvements from the 250 TR.
Thus was born the 250 GTO (Gran Turismo Omologato) at the beginning of 1962, coachworked as a berlinetta by Scaglietti. Its perfect geometry has also been improved after wind tunnel tests.. 33 cars are built in 1962 and 1963 according to this first model, which is a high figure for a commercial upscale Ferrari. They immediately dominate endurance and hill competitions. However Bizzarrini had left the company after a disagreement with Enzo Ferrari.
Extremely competitive without being exceptionally rare, the 250 GTO is the preferred model of the auto enthusiasts from the high society, functioning as an informal club with media covered exclusive meetings. Cars are transmitted like a talisman by each owner to his handpicked successor. 28 units remain with the 3-litre engine from its original design.
A team around Giotto Bizzarrini designs a low body with a tapered front hood. To facilitate the homologation, the new chassis has the same size as the SWB. The studies are validated in wind tunnel. The lowered engine remains a 3-liter Colombo V12 while incorporating several improvements from the 250 TR.
Thus was born the 250 GTO (Gran Turismo Omologato) at the beginning of 1962, coachworked as a berlinetta by Scaglietti. Its perfect geometry has also been improved after wind tunnel tests.. 33 cars are built in 1962 and 1963 according to this first model, which is a high figure for a commercial upscale Ferrari. They immediately dominate endurance and hill competitions. However Bizzarrini had left the company after a disagreement with Enzo Ferrari.
Extremely competitive without being exceptionally rare, the 250 GTO is the preferred model of the auto enthusiasts from the high society, functioning as an informal club with media covered exclusive meetings. Cars are transmitted like a talisman by each owner to his handpicked successor. 28 units remain with the 3-litre engine from its original design.
1
Series I
2014 SOLD for $ 38M by Bonhams
Coming from a deceased estate, a 250 GTO which had not changed hands for nearly half a century was sold by Bonhams on August 14, 2014 for $ 38M, lot 3.
This car has accumulated an interesting competition record after a bad start. Made in 1962, it was much damaged at Montlhéry on October 7 of the same year, killing one of its co-owners the ski champion Henri Oreiller. Repaired in 1963 at a time when the production chain of the 250 GTO was in full operation, it is an authentic unit.
This car has accumulated an interesting competition record after a bad start. Made in 1962, it was much damaged at Montlhéry on October 7 of the same year, killing one of its co-owners the ski champion Henri Oreiller. Repaired in 1963 at a time when the production chain of the 250 GTO was in full operation, it is an authentic unit.
2
upgraded in 1964 to Series II
2018 SOLD for $ 48M by RM Sotheby's
The technological challenge goes on. The approval of the 250 LM will be refused. While waiting for better days, Ferrari requires Mauro Forghieri and his team to modify the 250 GTO according to the aerodynamic improvement of the LM. Three 250 GTO Series II are built in 1964.
Four Series I cars are upgraded in 1964 to the Series II specifications. One of them was sold for $ 48M by RM Sotheby's on August 25, 2018, lot 247. Please watch the video shared by the auction house.
This car had been in 1962 the third GTO produced. Tested in May by Phil Hill at the Targa Florio, it is sold by Ferrari a few days later to a friend of Enzo Ferrari, Edoardo Lualdi-Gabardi, who gets excellent results in hill climbing with this car. In April 1964 Corrado Ferlaino leads it to First In Class in the Targa Florio, thus brilliantly validating the transitory concept of the Series II.
The price of a Ferrari 250 GTO depends on its results in period and on its crash history. The car for sale was not damaged. For reasons of preservation, the original engine was removed a few years ago. It is sold with the car.
In May 2018 a price of $ 70M in a private transaction was reported for a 250 GTO with a better race history including the victory at the 1964 Tour de France.
Four Series I cars are upgraded in 1964 to the Series II specifications. One of them was sold for $ 48M by RM Sotheby's on August 25, 2018, lot 247. Please watch the video shared by the auction house.
This car had been in 1962 the third GTO produced. Tested in May by Phil Hill at the Targa Florio, it is sold by Ferrari a few days later to a friend of Enzo Ferrari, Edoardo Lualdi-Gabardi, who gets excellent results in hill climbing with this car. In April 1964 Corrado Ferlaino leads it to First In Class in the Targa Florio, thus brilliantly validating the transitory concept of the Series II.
The price of a Ferrari 250 GTO depends on its results in period and on its crash history. The car for sale was not damaged. For reasons of preservation, the original engine was removed a few years ago. It is sold with the car.
In May 2018 a price of $ 70M in a private transaction was reported for a 250 GTO with a better race history including the victory at the 1964 Tour de France.
3
330 LM
2023 SOLD for $ 52M by Sotheby's and RM Sotheby's
While Ferrari was developing the 250 GTO with a 3 liter engine, the FIA once again changed some rules for the 1962 season, introducing the new International Championship of Manufacturers exclusively applicable to GT production car racing classes. Larger displacement prototype race cars would be allowed to participate in some events, but not for points.
Ferrari was certainly not appealed as they built a single 4 liter example in 1962, to be used as a works car. Assembled with the 250 GTO chassis and body, this car is referred as the 330 LM or sometimes the 330 GTO.
It was raced twice in 1962 by the Scuderia Ferrari, finishing second overall and first in class at the 1000 km Nürburgring and not finishing at the 24 hours of Le Mans. It was sold in 1962 to a privateer who changed the engine to a 250 P in the next year. Finished in rosso cina, it was sold for $ 52M in a single lot auction by Sotheby's and RM Sotheby's on November 13, 2023. It had won the Best of Show of the 2012 Amelia Island Concours d'Elegance.
A similar GTO was made in 1963, in parallel to a series of four 330 LMB with a body similar to the 250 Lusso. It was rebuilt in 1965 after a heavy road accident.
Ferrari was certainly not appealed as they built a single 4 liter example in 1962, to be used as a works car. Assembled with the 250 GTO chassis and body, this car is referred as the 330 LM or sometimes the 330 GTO.
It was raced twice in 1962 by the Scuderia Ferrari, finishing second overall and first in class at the 1000 km Nürburgring and not finishing at the 24 hours of Le Mans. It was sold in 1962 to a privateer who changed the engine to a 250 P in the next year. Finished in rosso cina, it was sold for $ 52M in a single lot auction by Sotheby's and RM Sotheby's on November 13, 2023. It had won the Best of Show of the 2012 Amelia Island Concours d'Elegance.
A similar GTO was made in 1963, in parallel to a series of four 330 LMB with a body similar to the 250 Lusso. It was rebuilt in 1965 after a heavy road accident.
1964 Ferrari 250 LM
2025 SOLD for € 35M by RM Sotheby's
The extraordinary domination of the Ferrari 250 from 1955 had been supported by an excellent adaptation to competition regulations. The 250 GTO, produced mostly in 1962 and 1963, is registered in the Grand Touring class.
The next model is the Ferrari 250 LM unveiled at the Paris Motor Show in November 1963. It is a berlinetta version of the open car prototype 250 P, the first trial by Ferrari of a centrally mounted V12 engine. LM means Le Mans.
The 250 GTO had been narrowly GT homologated. The O letter in GTO, which means Omologato, reflects the problems met by Ferrari to maintain their competitiveness while respecting all the rules. Ferrari's argument that it is a variant of the 250 GT SWB berlinetta is technically difficult to counter.
Ferrari indeed improves his models, but the high end is too elitist. Race regulating organisms harden against him the rules of Grand Touring, which must be based on a commercial production exceeding 100 units. Unqualified cars enter the Prototype category with more powerful competitors.
Ferrari fails to obtain the GT homologation for the LM. Officials have not been duped. It is not really a GT because it is derived from the 250 P prototypes. The LM should also not be a 250 because its 3.3-liter engine is better ranked in the new Ferrari 275 class opened at the same time.
32 Ferrari 250 LM are built, most of them in 1964. The body is made by Scaglietti on a design by Pininfarina. They are not intended for road use.
The sixth 250 LM was built in 1964 and titled 1965. In the ownership of Luigi Chinetti, it was fitted by Piero Drogo with a long nose improving the aerodynamics for the use of Chinetti's North American Racing Team (NART) team.
Its racing history is limited to Le Mans and Daytona endurance racing. In its first outing it finished 1st overall of the 1965 24 Hours of Le Mans, driven by Masten Gregory and Jochen Rindt ahead of a 250 LM entered by another privateer. The more powerful prototypes by Ferrari and Ford did not finish due to various technical issues. A NART backup driver stated later having unofficially piloted the winning car at some time during the night.
Under the banner of NART-Harrah racing, it had accidents in 1968 in both Daytona and Le Mans and finished 9th overall of 1969 Le Mans. It was sold in 1970 from Chinetti to the Indianapolis Motor Speedway museum.
From that collection, it was sold for € 35M from an estimate in excess of € 25M by RM Sotheby's on February 5, 2025, lot 262. Its engine is in matching numbers.
Its image well displaying the long nose at the 2022 Pebble Beach Concours d'Elegance is shared by Wikimedia, with attribution Prova MO, CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, via Wikimedia Commons. Please watch the video shared by the auction house.
The next win of a Ferrari at Le Mans 24 will be in 2023.
The next model is the Ferrari 250 LM unveiled at the Paris Motor Show in November 1963. It is a berlinetta version of the open car prototype 250 P, the first trial by Ferrari of a centrally mounted V12 engine. LM means Le Mans.
The 250 GTO had been narrowly GT homologated. The O letter in GTO, which means Omologato, reflects the problems met by Ferrari to maintain their competitiveness while respecting all the rules. Ferrari's argument that it is a variant of the 250 GT SWB berlinetta is technically difficult to counter.
Ferrari indeed improves his models, but the high end is too elitist. Race regulating organisms harden against him the rules of Grand Touring, which must be based on a commercial production exceeding 100 units. Unqualified cars enter the Prototype category with more powerful competitors.
Ferrari fails to obtain the GT homologation for the LM. Officials have not been duped. It is not really a GT because it is derived from the 250 P prototypes. The LM should also not be a 250 because its 3.3-liter engine is better ranked in the new Ferrari 275 class opened at the same time.
32 Ferrari 250 LM are built, most of them in 1964. The body is made by Scaglietti on a design by Pininfarina. They are not intended for road use.
The sixth 250 LM was built in 1964 and titled 1965. In the ownership of Luigi Chinetti, it was fitted by Piero Drogo with a long nose improving the aerodynamics for the use of Chinetti's North American Racing Team (NART) team.
Its racing history is limited to Le Mans and Daytona endurance racing. In its first outing it finished 1st overall of the 1965 24 Hours of Le Mans, driven by Masten Gregory and Jochen Rindt ahead of a 250 LM entered by another privateer. The more powerful prototypes by Ferrari and Ford did not finish due to various technical issues. A NART backup driver stated later having unofficially piloted the winning car at some time during the night.
Under the banner of NART-Harrah racing, it had accidents in 1968 in both Daytona and Le Mans and finished 9th overall of 1969 Le Mans. It was sold in 1970 from Chinetti to the Indianapolis Motor Speedway museum.
From that collection, it was sold for € 35M from an estimate in excess of € 25M by RM Sotheby's on February 5, 2025, lot 262. Its engine is in matching numbers.
Its image well displaying the long nose at the 2022 Pebble Beach Concours d'Elegance is shared by Wikimedia, with attribution Prova MO, CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, via Wikimedia Commons. Please watch the video shared by the auction house.
The next win of a Ferrari at Le Mans 24 will be in 2023.
Ferrari 275 GTB
1964 275 GTB/C Le Mans Speciale
2014 SOLD for $ 26.4M by RM Auctions
For automobiles, it often happens that history is not repeated. The extraordinary domination of the Ferrari 250 in all categories from 1955 was reinforced by an excellent adaptation to competition regulations.
The 250 GTO, produced mostly in 1962 and 1963, is registered in the Grand Touring class. In retrospect, it is clear that the O letter in GTO, which means Omologato, reveals the problems met by Ferrari to maintain their competitiveness while respecting all the rules.
The new models, the 250 LM in prototype class in 1963 and the 275 GTB in GT class in 1964, are technically formidable cars that can not maintain the wide success of the GTO. The competition is fierce. The failed negotiations between Ford and Ferrari had happened in 1963 and the release of the GT40 in 1964.
The ambition in competition of the 275 equipped with a new 3.3-liter engine is embodied in three grand touring works prototypes identified as 275 GTB/C Le Mans Speciale with a bodywork by Scaglietti. They were the first Ferrari model with an independent rear suspension and a transaxle gearbox. All three were entirely hand built.
The super-light aluminum body, different from the road specification in the catalog, does not please the officials of the Gran Turismo. Yet one of the three cars managed to reach in the hands of Ecurie Francorchamps the third place overall in the 24 Hours of Le Mans 1965 behind two Ferrari 250 LM competing as Prototypes.
Completed in November 1964, the first car has a similar body as a standard 275 GTB, less stylish than its two later siblings. It has no competition history in period. It was restored and painted gun metal grey with a light grey stripe after an accident in the 1997 Tour de France. The vents necessary for cooling the engine in front side are not factory original.
Keeping its matching number engine, it was sold for $ 26.4M by RM Auctions on August 16, 2014, lot 239. Please watch the video shared by the auction house. Repainted in red soon afterward, it passed at Mecum on January 13, 2024, lot S195.2.
The 250 GTO, produced mostly in 1962 and 1963, is registered in the Grand Touring class. In retrospect, it is clear that the O letter in GTO, which means Omologato, reveals the problems met by Ferrari to maintain their competitiveness while respecting all the rules.
The new models, the 250 LM in prototype class in 1963 and the 275 GTB in GT class in 1964, are technically formidable cars that can not maintain the wide success of the GTO. The competition is fierce. The failed negotiations between Ford and Ferrari had happened in 1963 and the release of the GT40 in 1964.
The ambition in competition of the 275 equipped with a new 3.3-liter engine is embodied in three grand touring works prototypes identified as 275 GTB/C Le Mans Speciale with a bodywork by Scaglietti. They were the first Ferrari model with an independent rear suspension and a transaxle gearbox. All three were entirely hand built.
The super-light aluminum body, different from the road specification in the catalog, does not please the officials of the Gran Turismo. Yet one of the three cars managed to reach in the hands of Ecurie Francorchamps the third place overall in the 24 Hours of Le Mans 1965 behind two Ferrari 250 LM competing as Prototypes.
Completed in November 1964, the first car has a similar body as a standard 275 GTB, less stylish than its two later siblings. It has no competition history in period. It was restored and painted gun metal grey with a light grey stripe after an accident in the 1997 Tour de France. The vents necessary for cooling the engine in front side are not factory original.
Keeping its matching number engine, it was sold for $ 26.4M by RM Auctions on August 16, 2014, lot 239. Please watch the video shared by the auction house. Repainted in red soon afterward, it passed at Mecum on January 13, 2024, lot S195.2.
1967 275 GTB/4 NART Spider
2013 SOLD for $ 27.5M by RM Auctions
The special series produced by Ferrari in the mid-1960s include the prettiest cars of all time, designed alternately by Pininfarina and Scaglietti. They also mark the end of a golden age. The rapid increase in production costs pushes to standardization and an industrial make is now unavoidable.
The models 275, 330 and 365 have replaced the 250. The latest Speciale are using these chassis. Alongside prototypes and concept cars, some of them have a target to try new ideas that can then be used in volume production.
Ferrari has always endeavored to flatter its American customers. The designations America, Superamerica and California attributed to high end variants are a convincing evidence of that fact.
Former winner of the 24 Hours of Le Mans, Luigi Chinetti was a skilled agent of Ferrari in the United States. In 1958, he created the North American Racing Team (NART) that achieved very good results, in Europe also.
For his network of passionate customers, Chinetti negotiated in 1967 with Ferrari a special order for a new sports model to be built by Scaglietti on the 275 GTB chassis. This project was somehow a remake of the successful 250 GT California Spider created almost ten years earlier. Techniques have changed in the mean time. Unfortunately, production costs have risen. Times are hard for Ferrari, which had to put an end to the 250 GTO and escaped very narrowly an acquisition by Ford.
This rare 275 GTB/4 NART Spider (also spelled Spyder) appears as an outstanding post-GTO model fitted to arouse passions. Completed in January 1967 and repainted in dark metallic burgundy, the first car is driven in the same year by Faye Dunaway in The Thomas Crown Affair and admired without limit by one of Ferrari's most knowledgeable fans, Steve McQueen.
The price tag was $ 14,400 compared to the 9,200 for a standard 275 GTB. The American market did not meet the expectations of Chinetti who had hoped to order 25 units. Not only this series was limited to 10 cars but the last of them did not even join the North American NART whatever the reason. Released from factory in 1968, it was sold to a Spanish customer. Please watch the video shared by RM Auctions before it passed at auction on May 14, 2016, lot 254.
The original owner of the eighth 275 GTB/4 NART Spider enjoyed it so much that he refused to sell it to anybody including Steve McQueen despairing to replace the damaged sixth example. It remained in his family until it was sold for $ 27.5M for the benefit of charities by RM Auctions on August 16/17, 2013. Please watch the video shared by Petrolicious for the auction house.
Ferrari does not so much like the spiders and gives no further action after the delivery of that custom order which may be considered as a Speciale. Nevertheless this small convertible model is very efficient and highly elegant, and would later be imitated. Some owners of 275 GTB in more standard variants will even wish to rebuild their car like a NART Spider.
In the opposite, the 330 GTC Speciale coupe designed by Pininfarina is exhibited by Ferrari at the Brussels Motor Show in 1967. Only four cars are ordered by customers and hand built by Pininfarina. This highly rare car is a transitional model with a sloping nose that elongates the silhouette and an increased comfort including curved windows and air conditioning. The third 330 GTC Speciale was sold for $ 3.4M by Gooding on January 30, 2016, lot 145.
The models 275, 330 and 365 have replaced the 250. The latest Speciale are using these chassis. Alongside prototypes and concept cars, some of them have a target to try new ideas that can then be used in volume production.
Ferrari has always endeavored to flatter its American customers. The designations America, Superamerica and California attributed to high end variants are a convincing evidence of that fact.
Former winner of the 24 Hours of Le Mans, Luigi Chinetti was a skilled agent of Ferrari in the United States. In 1958, he created the North American Racing Team (NART) that achieved very good results, in Europe also.
For his network of passionate customers, Chinetti negotiated in 1967 with Ferrari a special order for a new sports model to be built by Scaglietti on the 275 GTB chassis. This project was somehow a remake of the successful 250 GT California Spider created almost ten years earlier. Techniques have changed in the mean time. Unfortunately, production costs have risen. Times are hard for Ferrari, which had to put an end to the 250 GTO and escaped very narrowly an acquisition by Ford.
This rare 275 GTB/4 NART Spider (also spelled Spyder) appears as an outstanding post-GTO model fitted to arouse passions. Completed in January 1967 and repainted in dark metallic burgundy, the first car is driven in the same year by Faye Dunaway in The Thomas Crown Affair and admired without limit by one of Ferrari's most knowledgeable fans, Steve McQueen.
The price tag was $ 14,400 compared to the 9,200 for a standard 275 GTB. The American market did not meet the expectations of Chinetti who had hoped to order 25 units. Not only this series was limited to 10 cars but the last of them did not even join the North American NART whatever the reason. Released from factory in 1968, it was sold to a Spanish customer. Please watch the video shared by RM Auctions before it passed at auction on May 14, 2016, lot 254.
The original owner of the eighth 275 GTB/4 NART Spider enjoyed it so much that he refused to sell it to anybody including Steve McQueen despairing to replace the damaged sixth example. It remained in his family until it was sold for $ 27.5M for the benefit of charities by RM Auctions on August 16/17, 2013. Please watch the video shared by Petrolicious for the auction house.
Ferrari does not so much like the spiders and gives no further action after the delivery of that custom order which may be considered as a Speciale. Nevertheless this small convertible model is very efficient and highly elegant, and would later be imitated. Some owners of 275 GTB in more standard variants will even wish to rebuild their car like a NART Spider.
In the opposite, the 330 GTC Speciale coupe designed by Pininfarina is exhibited by Ferrari at the Brussels Motor Show in 1967. Only four cars are ordered by customers and hand built by Pininfarina. This highly rare car is a transitional model with a sloping nose that elongates the silhouette and an increased comfort including curved windows and air conditioning. The third 330 GTC Speciale was sold for $ 3.4M by Gooding on January 30, 2016, lot 145.
1967 412P
2023 SOLD for $ 30M by Bonhams
The FIA introduced a Prototype class for the 1964 season, while the Grand Touring class got new rules requiring that the entering cars are based on a commercial production exceeding 100 units.
These changes disqualified the 250 GTO. Ferrari made a questionable decision by trying to cover both classes by the same development. The new 250 LM berlinetta was in due course rejected by the FIA as it was indeed not based on the 250 GT SWB. It was raced as a prototype in competition beside its sister model with an open cockpit, the 250 P.
The P series of mid engined rear wheel drive prototypes was operated by Ferrari with various models, all of them in very limited quantities. Many cars including the four 250 Ps were converted to upgraded models.
The 330 P3 with a 4 liter V-12 engine was raced in 1966. It was made in 3 units. In 1967 the 412 was its carbureted version. 330, referring to the individual volume of a cylinder, and 412, meaning 4 liter and 12 cylindres, are technically matching in the dual system of Ferrari nomenclatures.
The 412 P population is 4 including 2 upgraded 330 P3. The other 330 P3, unsuccessful in all its races in its original configuration, had been converted as the unique transitional P3/P4 after the 1966 Le Mans 24 and destroyed in 1968.
The 412 Ps were not retained for the works team. They were respectively supplied to NART and Filipinetti for the upgraded 330s, and to Ecurie Francorchamps and Maranello Concessionaires for the original 412s. The top speed of the model was 310 km/h.
The Maranello Concessionaires example is coached as a berlinetta by Fantuzzi. A painstaking 9 year restoration included the refurbishment of its original bodywork and livery to its earliest racing configuration. It is road legal and has been regularly used.
Despite an active racing history in period when it contributed to Ferrari's 1967 World's Constructors Championship short win against Porsche, it retains in matching numbers its 4 liter V-12 engine, the chassis and the gearbox. It was sold for $ 30M by Bonhams on August 18, 2023, lot 67.
A new change by the FIA in 1968 limited to 3 liters the capacity in the Prototype class. The Ferrari 4 liter P range was replaced by the 3 liter 312 P and Maranello Concessionaires terminated their racing team. 312 is equivalent to 250 in terms of Ferrari references.
These changes disqualified the 250 GTO. Ferrari made a questionable decision by trying to cover both classes by the same development. The new 250 LM berlinetta was in due course rejected by the FIA as it was indeed not based on the 250 GT SWB. It was raced as a prototype in competition beside its sister model with an open cockpit, the 250 P.
The P series of mid engined rear wheel drive prototypes was operated by Ferrari with various models, all of them in very limited quantities. Many cars including the four 250 Ps were converted to upgraded models.
The 330 P3 with a 4 liter V-12 engine was raced in 1966. It was made in 3 units. In 1967 the 412 was its carbureted version. 330, referring to the individual volume of a cylinder, and 412, meaning 4 liter and 12 cylindres, are technically matching in the dual system of Ferrari nomenclatures.
The 412 P population is 4 including 2 upgraded 330 P3. The other 330 P3, unsuccessful in all its races in its original configuration, had been converted as the unique transitional P3/P4 after the 1966 Le Mans 24 and destroyed in 1968.
The 412 Ps were not retained for the works team. They were respectively supplied to NART and Filipinetti for the upgraded 330s, and to Ecurie Francorchamps and Maranello Concessionaires for the original 412s. The top speed of the model was 310 km/h.
The Maranello Concessionaires example is coached as a berlinetta by Fantuzzi. A painstaking 9 year restoration included the refurbishment of its original bodywork and livery to its earliest racing configuration. It is road legal and has been regularly used.
Despite an active racing history in period when it contributed to Ferrari's 1967 World's Constructors Championship short win against Porsche, it retains in matching numbers its 4 liter V-12 engine, the chassis and the gearbox. It was sold for $ 30M by Bonhams on August 18, 2023, lot 67.
A new change by the FIA in 1968 limited to 3 liters the capacity in the Prototype class. The Ferrari 4 liter P range was replaced by the 3 liter 312 P and Maranello Concessionaires terminated their racing team. 312 is equivalent to 250 in terms of Ferrari references.
