Monday, August 22, 2011

1957 Ferrari 250 TR Prototype sells for record $16.39 million at Gooding's Pebble Beach auction

1957 Ferrari 250 TR Prototype sells for record $16.39 million at Gooding's Pebble Beach auction

Prices for vintage Ferraris have escalated the last few years, with the more expensive models breaking records for the price of a car sold at auction. A 1961 Ferrari California Spyder sold for more than $10 million in 2008, and a 1957 Ferrari 250 TR went for more than $12 million in 2009. When auction house Gooding announced that it would be selling the recently restored 1957 Ferrari 250 TR prototype at this past weekend's Pebble Beach sale, we had a feeling that the record would be broken once again. Our hunch was correct, as a final bid of $14.9 million was offered for the car at Friday night's auction.

Autoblog, 1957 Ferrari 250 TR Prototype sells for record $16.39 million at Gooding's Pebble Beach auction

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