Rare Ferrari sells for record $27.5 million in Monterey auction

A 1967 Ferrari 275 GTB 4*S N.A.R.T. Spider sold for $27.5 million Saturday at the RM Auction during Monterey Auto week, designating it as most expensive road car, most expensive Ferrari and second most expensive car ever sold at public auction.

In all, 16 cars sold more at more than $1 million, including a 1928 Mercedes-Benz 680S Torpedo Road for $8.25 million.

The auction marked numerous new world records established for individual marques and models.

The 275 GTB/4*S N.A.R.T Spider is one of the world’s rarest cars, with only 10 cars having been built in the 1960s, commissioned by Ferrari’s American importer, Luigi Chinetti.

All proceeds from the sale will be donated to charitable causes close to the heart of the late owner, Mr. Eddie Smith Sr.

The 1928 Mercedes-Benz 680S Torpedo Saoutchik Roadster is a multi-award-winning car which was judged Best of Show at the 2012 Pebble Beach Concours d’Elegance. The car achieved a remarkable $8.25 million, as international bidders battled to secure what is widely considered to be one of the most desirable pre-war cars ever made.

Here’s the list of cars that sold at the RM Auctions:

1. 1967 Ferrari 275 GTB/4*S N.A.R.T Spider – $27,500,000
2. 1928 Mercedes-Benz 680S Torpedo Roadster – $8,250,000
3. 1954 Ferrari 500 Mondial Spider Series I – $3,520,000
4. 1974 McLaren M16C Indianapolis – $3,520,000
5. 1953 Maserati A6G/2000 Spyder – $2,530,000
6. 1935 Hispano-Suiza K6 Cabriolet -$2,255,000
7. 1960 Maserati Tipo 61 ‘Birdcage’ – $2,090,000
8. 1960 Aston Martin DB4GT- $2,060,000
9. 1995 Ferrari F50 – $1,677,500
10. 1971 Ferrari 365 GTB/4 Daytona Spyder – $1,650,000
11. 1996 Ferrari 33 SP Evoluzione – $1,375,000
12. 1955 Mercedes-Benz 300SL Gullwing – $1,265,000
13. 1990 Ferrari F40 -$1,155,000
14. 1961 Ferrari 250 GT Cabriolet Series II – $1,100,000
15. 1911 Rolls-Royce 40/50 HP Silver Ghost Roadster – $1,017,500

Full sale results will be posted on www.rmauctions.com.