Top 10 most expensive cars ever sold at auction

1.1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe

Auction house RM Sotheby’s  /  Location Stuttgart
Year sold 2022  /  Sold for $143,000,000


1954 Mercedes-Benz W196 R streamliner

2. 1954 Mercedes-Benz W196 R streamliner

Auction house RM Sotheby’s Location Stuttgart 
Year sold 2025 / Sold for $53,917,370


1962 Ferrari 330 LM 250 GTO by Scaglietti

3. 1962 Ferrari 330 LM 250 GTO by Scaglietti

Auction house RM Sotheby’s / Location New York
Year sold 2023 / Sold for $51,705,000


1962 Ferrari 250 GTO

4. 1962 Ferrari 250 GTO

Auction house RM Sotheby’s / Location Monterey
Year sold 2018 / Sold for $48,405,000


1962 Ferrari 250 GTO

5. 1962 Ferrari 250 GTO

Auction house Bonhams / Location Monterey
Year sold 2014 / Sold for $38,115,000


1964 Ferrari 250 LM by Scaglietti

6. 1964 Ferrari 250 LM by Scaglietti

Auction house RM Sotheby’s / Location Paris
Year sold 2025 / Sold for $36,344,960


1957 Ferrari 335 Sport Scaglietti

7. 1957 Ferrari 335 Sport Scaglietti

Auction house Artcurial / Location Paris
Year sold 2016 / Sold for $35,821,289


1967 Ferrari 412P Berlinetta

8. 1967 Ferrari 412P Berlinetta

Auction house Bonhams / Location Monterey
Year sold 2023 / Sold for $30,255,000


1954 Mercedes-Benz W196

9. 1954 Mercedes-Benz W196

Auction house Bonhams / Location Goodwood
Year sold 2013 / Sold for $29,650,095


1956 Ferrari 290 MM

10. 1956 Ferrari 290 MM

Auction house RM Sotheby’s / Location New York
Year sold 2015 / Sold for $28,050,000 

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

Since it opened in 1956, the Indianapolis Motor Speedway Museum has been a world-wide draw for automotive fans. For almost seven decades its curators have sought to gather some of the finest and most historic collector cars in the world, gradually growing its exhibits from 12 cars to a collection of over 300. The recent decision to refocus the museum toward cars that share an intrinsic link with The Brickyard proved a turning point, meaning several of its incredibly rare pieces had to find new homes. Enter RM Sotheby’s, which auctioned 11 landmark vehicles across a series of events in February 2025. Some of these made history, such as the 1954 Mercedes-Benz W196 R Stromlinienwagen and Le Mans-winning 1964 Ferrari 250 LM, both profiled earlier in this issue. These are the rest of the collection. In total, lots from the Museum raised over $120m.


Mercedes 17.3-litre 150 HP ‘Brookland’ Semmering Rennwagen

Year 1908  /  Price $8.255m

Yes, you read that right. Seventeen-point-three litres. Engineers were ambitious animals during the dawn of the 1900s, and this one-off factory-built racer epitomised the quest for power of the time. With the mighty (and one-off!) 17.3-litre four cylinder mounted up front, it was built to take on the Semmering Hill Climb in Austria, at the time one of the world’s most gruelling competitions.

“Its provenance is unquestionable… even its cylinders are individually dated”

Driver Otto Salzer conquered it, achieving a new record of 81.2kph. He then improved that to 84.3kph on his way to a second victory a year later. The car then changed ownership a handful of times before being acquired by the Museum for an eye-watering at the time $30,000 in 1964. Its provenance is unquestionable, with its original chassis tags, numbered radiator and carburettor… even its cylinders are individually dated.


Laurin & Klement Type S2 Sportswagen

Year 1911  /  Price $179,000

Laurin & Klement was a Prague-based constructor that operated only between 1906 and 1928, but despite its short lifespan it did leave a lasting impact on the automotive world by gradually evolving into Škoda. Only three of these twin-cylinder four-stroke machines were ever made, and this is the sole survivor. But it got more interesting after the modifications made by its first owner, Baron Leo Haan. A seasoned racer, he fitted a wooden rudder behind the tail linked to the steering, allowing the rudder to change direction with the car and provide side force, preventing skidding around turns. After some success in hillclimbs, the Baron sold it to Günther Heger, who stored it for 40 years before offering it to the Museum in 1964. Almost entirely original and unrestored aside from a light mechanical refresh. A sales note suggested rebuilding the original wooden wheels should its new owner fancy running it in anger.


 

Mercedes 22/40 HP ‘Colonial’ Double Phaeton

Year 1911  /  Price $268,800

A superb early example of luxury motoring, Mercedes’ 22/40 PS (40 HP for the American market) is powered by a 5.6-litre T-head four-cylinder engine. Buyers had the choice of a modern shaft drive or a classic ‘Colonial’ chain drive that offered greater ground clearance. Given that this particular example ended up in Buenos Aires, Argentina, the chain-drive option was fitting. First ordered by Robert, Pusterla y Cía (an Argentine Mercedes dealer) it came with paperwork covering its life in South America and resulting transit to the USA after being bought by the Museum following long-running negotiations in 1971. While restored, the car retained its original carburettor, ignition system, switch panel and even driver’s side flooring and chassis tags.


 

Benetton B191

Year 1991  /  Price $775,000

Perhaps an odd acquisition given Formula 1 boasted only one American race in 1991, and that was in not-so-nearby Phoenix, Arizona. However, it’s the link to all-time grand prix great Michael Schumacher that temped the Museum to invest in this piece of rolling history. When Roberto Moreno got the boot it opened the door for Schumacher to settle in for the final five races of 1991, fresh from his grand prix debut with Jordan at Spa. Chassis B191-08 took Schumacher to fourth in the opening race of 1992 before being handed to Martin Brundle. It scored three points toward the 1992 drivers’ and constructors’ championships before being retired in favour of the updated B192. The Museum bought it in 2005 from a US-based private collector.


 

Chevrolet Corvette SS Project XP-64

Year 1957  /  Price $7.705m

Like something out of The Jetsons, and billed as the most desirable Corvette in the world. This was the first purpose-built GM race car and a personal project of Zora Arkus-Duntov, the engineer nicknamed the ‘Father of the Corvette’. Powered by a 283cu-in V8 and with a four-speed manual gearbox it is an exercise in lightweight construction with stunning magnesium bodywork. John Fitch and Piero Taruffi raced it in the 1957 Sebring 12 Hours, it was also once a cover star for Sports Illustrated magazine. Barring the SS show car, this was the first Corvette to run with the famous Super Sport badging. Arkus-Duntov himself brokered the car’s donation to the Museum in May 1967.


 

Ford GT40 Mk II

Year 1966  /  Price $13.205m

“It had resided at the Museum since its donation in March 1968”

It may not be wearing an iconic livery, but this GT40 is one of just eight 7-litre MkIIs and came with superb provenance. Driven to second place in the 1966 Sebring 12 Hours by Walt Hansgen and Mark Donohue, it then went on to race at Le Mans that year as one of three Holman-Moody entered cars.

It had resided at the Museum since its donation in March 1968, and has been fully restored in 2011 to its Le Mans ’66 configuration. Prior to its sale, it was last shown outside of the Museum at the 2011 Concours d’Elegance of America.

1966-Ford-GT40-Mk-II_1284802

Ford

1966-Ford-GT40-Mk-II_1284834

Ford

1966-Ford-GT40-Mk-II_1284787
1966-Ford-GT40-Mk-II_1284786

 

Spirit of America Sonic 1

Year 1965  /  Price $1.325m

“Sonic 1 took Craig Breedlove to a staggering 600.601mph in 1965”

Perhaps the most outlandish lot in an already fever-dream sale. Spirit of America Sonic 1 was the machine that carried Craig Breedlove into the history books when it achieved a staggering 600.601mph run on Utah’s Bonneville Salt Flats in November 1965, establishing a new Land Speed Record.

At over 35 feet in length, the fuselage body houses a GE J79 turbojet engine with afterburner. After its retirement from record-chasing, the Museum acquired it in 1975 and it had been a standout attraction ever since. Incidentally, it was also driven by Breedlove’s wife, Lee, who achieved a women’s land speed record of 308.506mph. That’s one fast family!


 

Itala 120 HP Works Racing Car

Year 1907  /  Price $1.325m

At the turn of the century, young manufacturer Itala was keen to make its mark in racing. Soon after its foundation the brutish 120 HP was designed to take on the likes of Mercedes. Featuring a quite ludicrous 14.8-litre overly square engine, Italian driver Alessandro Cagno scored a string of successes in events such as the Coppa Della Velocita and Coppa Florio to put Itala on the map. This is one of only two 1907 120 HP Itala models remaining, it was formerly owned by British speed record pioneer Henry Segrave, who bought the car in 1916 and then crashed it into a London Taxi at Marble Arch in 1917. It joined the Museum in December 1965 and underwent a full restoration.


 

Bugatti Type 35B Grand Prix

Year 1930  /  Price $1.38m

It’s rare that you’ll find any near-100-year-old car in such a fine and original condition as this Bugatti. The model that first rolled out at the 1924 French Grand Prix changed the game for Bugatti, helping the Type 35 to become one of the most successful racing designs of all time, winning over 1000 times in period. This supercharged 35B had known history since new with six owners in total, including Georges Bouriano, Arthur Legat and Colonel George ‘Fearless’ Felton. In the care of the Museum since 1960, it still featured the original chassis frame, engine and rear axle, despite a healthy competition career around Europe both before and after World War II.

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

Taken from Motor Sport, August 2007


The announcement in 2005 that Porsche would in the next year return to sports car racing with a purpose-built prototype met with a mixed reaction. Aficionados were excited that the most successful producer of such vehicles was back in town. Potential customers were enthused at the prospect of being able to buy one – although this wouldn’t be possible until 2007. But a slice of the racing demographic were rather less impressed when Porsche pulled the covers off its new racer, appropriately named the RS Spyder. You see, by entering LMP2 – that’s one class below the all-winning Audis – against a raft of privateer outfits was rather like Kevin Pietersen announcing his intention to join Flax Bourton cricket club of the Western League.

As it turned out, the Spyders didn’t have it all their own way. I journeyed to Sebring last year to watch their first race: neither car finished, a small transmission component failing over this track’s bumps. But the car was quick and, lest we forget, it was not a full factory team. Just as it had done in Can-Am 34 years before, Porsche had teamed up with Roger Penske’s huge operation. After that difficult introduction in Florida, the Spyders began to flourish and their eventual class title included an outright 1-2 at Mid-Ohio.

Porsche’s decision to use the Spyder moniker was entirely justified. Generations of road-going and racing Italian exotica have used the title, but the car which the majority of the population associate with that name assumed universal notoriety the day James Dean lost his life behind the wheel  of one. (The car was to be called the 550/1500RS, but the American importer Max Hoffman suggested that it would be easier to sell given a name.) The significance of that crash on September 30, 1955 isn’t lost on Porsche; its own 550 Spyder, currently idling in the pitlane at the company’s Weissach test track, is, I am promptly told, the chassis produced immediately after Dean’s. I think that rates as provenance.

Motorsport has advanced immeasurably since the 1950s, and the clean, organic shape of the 550 sits uncomfortably against the brutal aero-management philosophy of the later car. But before we drive them, there are similarities to be explored and explained.

The first lies in the reason for their existence. Porsche’s commercial approach to motorsport was shaped by its 550 Spyder project. As the car evolved from Walter Glöckler’s Spyder, it was raced as it was developed. No two cars were the same and, as the programme progressed, a strategy emerged: Porsche would use only new vehicles for major events, and sell them after each race. And so was born  its customer motorsport department. Today’s Spyder follows the same brief: yes, Porsche is trying to win in the American Le Mans Series, but this is also an exercise designed to sell cars and make money. And if you take one look at Porsche Motorsport’s new HQ at Weissach you realise how clever this strategy has been. Last winter alone it built 250 GT3 Cup cars, at least two dozen RSRs and three customer Spyders. That’s enough volume to be considered a manufacturer in its own right.

Other similarities? Well, their engines are mounted amidships – and other than that I have to confess I’m struggling. And anyway, the new car is being warmed.


This Le Mans-type racer is, at first, an intimidating device. Every surface appears to be a brittle, costly slither of carbon fibre, and its tiny cabin is littered with electronic gizmos and widgets whose operations are unknown but whose cost is, I assume, significant. You clamber in over the side, drop into the hard carbon seat, adjust the mandatory HANS device to be comfortable under the belts, and are then harnessed in place the way you imagine those aboard Saturn 5 might have been. Scope for head and neck movement is limited to furtive eye flicks.

The motor fires quickly and loudly. It displaces just 3397cc and is forced to breathe through 44mm restrictors, but somehow the alchemists in the engine shop have squeezed from it 503bhp at 10,300rpm and 273lb ft at 7500rpm. So, as long-serving Porsche engineer and tester Roland Kussmaul – a man with a direct link to every post-956 racing Porsche – asks me not to bin it, it’s time to consider three simple facts: 503bhp, 775kg, cold slicks.

After some technical gremlins in the season opener at Sebring, Porsche’s RS Spyders dominate the 2007 American Le Mans Series, winning the remaining 11 races in the LMP2 divison

After some technical gremlins in the season opener at Sebring, Porsche’s RS Spyders dominate the 2007 American Le Mans Series, winning the remaining 11 races in the LMP2 divison

Getty Images

The car’s aggressive appearance and disjointed boarding procedure has prepared you for the worst, but an unexpectedly friendly character is confirmed within 100 yards of pulling away: it’s easy to drive. A simple foot clutch gets you moving, after which the Spyder becomes a strictly two-pedal, two-paddle device. Flick the right paddle to shift up, the left to shift down. It sounds simple. And that’s before you suss the uncanny accuracy with which the electronic systems blend the changes. Like any race transmission, it likes to work under maximum duress, and there’s significant slip from the cold rubber, but even so I have never driven a car that assists its driver so comprehensively.

The traction control system has many different maps for changing weather conditions and is understandably set to ‘full wally’ for my purposes, allowing me to lean on the rear axle from cold (although the car will still spin with the traction control on, apparently) and marvel at this six-speed transmission. Flat shifts from second to third send only the faintest flutter through the body. Remarkably, it’s even smoother coming back down the ’box. From 140mph in fifth, the driver simply flicks the left paddle, then waits the few milliseconds it takes for the black box to assimilate the difference between crank and cog speeds and apportion the precise number of revs to bridge that gap. This process is seamless, making a mockery of jerky  road-going equivalents.

And the brakes – 380mm front and 355mm rear carbon discs – are mind-blowing. With some tyre temperature, it’s now possible to carry more corner  speed and thump down the straights. Acceleration is strong up to about 140mph,  but then begins to tail off because the Spyder runs more wing than a Fokker Triplane. Lift off the throttle at 155mph and  it decelerates like a modern road car using half its braking performance. This means that the Spyder’s initial retardation is aerodynamically assisted, that you can punch the middle pedal as hard as you dare, bracing yourself in the belts as the car pulls 3g. But as speed is shed, so is aero effect, and this means that, just at the point your brain tells you to push a touch harder on the pedal, actually you must reduce pressure in preparation for mechanical grip’s takeover. It’s a strange feeling, but becomes instinctive fairly quickly.

“The car’s agility is difficult to comprehend, it slices through turns”

The car’s agility, though, is more difficult to comprehend. Weissach is a technical circuit shrouded in concrete obstacles, yet the Spyder slices at 100mph through turns which a GT3 RS couldn’t manage at 65mph. The final banked  right-hander generates in the region of 2.5 lateral g, and after 10 laps my neck is throbbing. Modern racing drivers need to be incredibly fit.

Given the vigour with which it spun its V8 into life, you could assume that the new Spyder’s starter motor is as powerful as the 550’s engine. The air-cooled flat-four has been warming for a few minutes, but I lean in and switch it off. Whereas I was desperate to jump in and drive the other, I want to walk around the 550, absorb its shape and details. Only time will tell if future generations will stalk around surviving RS Spyders 50 years from now.


 

The 550 is a tiny racing slipper of a car, a machine shorn of everything superfluous, thus reducing mass and therefore maximising performance. Its shape was dictated by lengthy spells in a wind tunnel, and yet, like so many contemporary designs, its basic beauty suggests that function played no role in its creation.

Turn the key and that opinion changes. The opposed-four motor fires with enthusiasm. Brush the throttle pedal lightly and the rev-counter’s needle immediately fidgets through 2000rpm and energy fizzes into the lightweight body.

James Dean with his 550 Spyder, nicknamed ‘Little Bastard’. He would be killed in a road traffic accident on Route 46 on his way to the Salinas sports car races in 1955

James Dean with his 550 Spyder, nicknamed ‘Little Bastard’. He would be killed in a road traffic accident on Route 46 on his way to the Salinas sports car races in 1955

Litho

There is little about the controls that would concern the driver of any air-cooled 911: floor-hinged pedals, familiar typefaces and a gear lever jutting from the floor. As enjoyable mechanical operations go, there are few to rival the gearshift of a healthy 550. Whereas the later car works its magic with competence, the joy in the old-timer lies in its action. The throw is relatively long, but the linkage has little slack and those last few inches as the cogs engage remind us why a manual gearbox is so special.

People in the 1950s must have been staggered by this car. Its Type 547 engine is now a thing of legend, and with a reliable 125bhp at 6500rpm from 1498cc, such status is well deserved. Kerb weight is in the region of 490kg, giving a power-to-weight ratio of 255bhp per tonne. It was very expensive at the time – nearly $7000 brand new – but so exceptional was its engineering, so strong its performance, there really was no competition substitute.

The 550 also features among Porsche’s top-10 sales, with Gooding & Co achieving .33m for a 1955 ‘French Blue’ model at its 2016 Amelia Island sale, putting it ninth on the list

The 550 also features among Porsche’s top-10 sales, with Gooding & Co achieving $5.33m for a 1955 ‘French Blue’ model at its 2016 Amelia Island sale, putting it ninth on the list

Porsche

There are some interesting similarities and differences at work here. For starters, despite its huge power advantage, it’s the modern Spyder’s engine which is better contained by its chassis. The 550 accrues speed with disarming ease. Contemporary tests show that standard cars could hit 60mph in a little over 8sec and top  120mph, but its braking performance and mechanical grip is, predictably, a long way short of that potential.

No matter, it has balance to spare. And this is the most striking similarity between two cars separated by half a century: both were created to allow the driver to flourish. Not only was the 550 the fastest sub-1500cc sports car of its day, it was also the easiest to drive, and when you’re trying to sell  cars for endurance racing, that last point is important. Its chassis is remarkable. Lightweight, mid-engined sports cars are not famous for being forgiving souls, but this one is happiest slithering about deep into the meat of third gear. I’m certain the fastest way to coax it around Weissach would be to lean on the front axle until understeer sets in and then stabilise the throttle. But there is such a temptation to introduce more right foot and feel the back arc around that you soon find yourself adopting what can only be described as the line of maximum slip. Light, accurate steering and skinny radials only serve as further encouragement. You can see why these cars proved so devastating at  Le Mans: the combination of useable performance and mechanical strength was irrepressible. In 1955 Helmut Polensky and Richard von Frankenberg finished fourth there, beaten only by two D-types and an Aston DB3S, cars with engines twice the size of the Porsche’s.

The 550/4 RS Spyder of Johnny Claes and Pierre Stasse on its way to a class win at Le Mans in 1954

The 550/4 RS Spyder of Johnny Claes and Pierre Stasse on its way to a class win at Le Mans in 1954

Getty Images

“The modern RS Spyder continues the lineage begun by the 550”

And what an engine this four-cam motor is. It loves to rev. The shove is impressive from 1500rpm to around 5000rpm, which is when the induction noise assumes a more serious tone, and it hammers on to 6500rpm. They were capable of revving well into the sevens, and driving it now, I can only assume that some ran them harder even than that, such is the mechanical smoothness and lack of inertia felt.

It’s an addictive machine. You exit the final right-hander in third gear, grab fourth and, as the air rushes over your head and the 550 begins to wander, you begin to wonder how something with a quarter of the horsepower of Porsche’s latest toy can prove almost as thrilling. Even more remarkable is the fact that this particular example feels as though it could lap for hours, but then I suspect it is rather expertly maintained.

The modern RS Spyder is an incredible machine: so amenable, so nimble, so damn fast. It continues the lineage  begun by the 550, and even though this sounds like an emotionally clouded observation, strands of that gorgeous little silver car’s DNA are very much apparent in the yellow monster. Long may such genetic excellence continue.

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

This really was the one that got away. The auction world was primed for a landmark sale in Florida back in January as arguably the most special of all the Le Mans Porsche 917s headed to the block with Mecum in Kissimmee.

One of the first batch of 917s built, 917-022 was the car Steve McQueen had planned to enter at Le Mans in 1970 alongside Formula 1 star Jackie Stewart, using the footage captured during the actual event to create the Le Mans film. Deemed too dangerous, McQueen’s plan was shut down by his insurers, so he purchased 022 for his Solar Productions firm instead and used it for high-speed filming at La Sarthe instead.

“McQueen had planned to race the car at Le Mans with Jackie Stewart”

Production wrapped, the car then began its competition career after being sold to Reinhold Joest in 1971 and contested eight rounds of the World Sportscar Championship. Jo Siffert also took it to second place in the 1971 Grand Prix Repubblica Vallelunga. Its ownership then shifted through Brian Redman, Richard Attwood – who briefly re-liveried it into his Le Mans-winning Salzberg colours – and eventually noted Porsche collector Frank Gallogly, who put it up for sale shortly after with California-based dealer Symbolic International. It was here that US comedian Jerry Seinfeld spotted it, eventually agreeing to buy it after Steve’s son Chad McQueen had demonstrated the car for him at Willow Springs Raceway – despite reports of a front wheel falling off while he did so.

Porsche 917-024 2

When Seinfeld then consigned 917-022 to Mecum’s Kissimmee sale back in January fevered speculation ahead of the event focused on how much it would go for – with whispers of up to $80m as potential.

Sadly, the reality was rather different in the room as bidding failed to match the opening $25m, eventually getting off the ground at $15m and creeping back to its starting amount before Seinfeld pulled the sale.

It wasn’t the first time a 917 has disappointed at auction, but it was the most high profile.

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

It’s something of a curio in the auction world as to why Porsche features so little among the record sales.

Mercedes-Benz occupies the top two slots of the most valuable cars ever sold, and Ferrari floods the remainder of the top 20. The occasional Aston Martin, Duesenberg, Jaguar, Alfa Romeo and Mclaren get the odd look in too. The top Porsche? Entirely absent from the global top 30 sales records. In fact, it’s only 41st. Ouch.

This is a brand with more Le Mans 24 Hours wins than any other, plus some of the most recognisable models in racing history. Some of the Stuttgart brand’s finest do fetch impressive values though. Here are the current top five Porsche
sales as of 2025, plus a story of what could have been.


Porsche 917 10 Spyder

5. 917/10 Spyder

Year 1972  /  Price $5.83m

When Europe’s rule makers got sick of the 917 winning everything, they simply adjusted the regulations to limit engine size to 3-litres, and away the 5.0 German machines went. Issue was the 917 had a lot more left to give, so Porsche turned
its attention to the largely unregulated Canadian-American Challenge Cup, otherwise known as Can-Am. Here Porsche’s engineers could truly push the boundaries of the 917, while also boosting road car sales ‘Across the Pond’. The 917/10 was the first iteration. Shorn of its roof, boasting wild aerodynamics for the time and with a new 12-cylinder turbocharged engine capable of producing over 900bhp, this was the car that shattered McLaren’s stranglehold on Can-Am. Run by Team Penske, George Follmer took the 1972 title convincingly
in this chassis. A winner when used by both Follmer and team-mate Mark Donohue, the 917/10 scored six wins
from nine races that season.

Mecum Monterey, 2012.


Porsche 959 Paris-Dakar

4. 959 Paris-Dakar

Year 1985  /  Price $5.94m

The car nobody asked for, yet everybody wants. Porsche drew more than a small dose of scepticism when it announced its intention to take on the world’s most gruelling rally raid with its flagship sportscar, the 911. With jacked-up suspension and all-wheel drive, what became known as the 953 was first entered for the 1984 Dakar, with René Metge winning outright and Jacky Ickx sixth. Porsche meant business, and its next endurance off-road effort arrived in the form of the 959 a year later. Taking the drivetrain developed in the 953 the 959 proved fast but unlucky in its first year, Metge winning two stages aboard this chassis before a ruptured oil line brought retirement. The 959 would come good a year later though when, now boasting a 2.8-litre twin-turbocharged flat-six, Metge and Ickx claimed a one-two. This car was a star attraction during the Porsche 70th Anniversary sale.

RM Sotheby’s Atlanta, 2018


1997 Porsche 911 GT1

3. 911 GT1

Year 1997  /  Price $7.04m

The car that changed GT racing as we know it. After sportscar racing as a whole dwindled to almost nothing during the 1980s, the arrival of the BPR Global GT Series sparked a revival in production GT racing that has become a phenomenon in the modern age. However, Porsche being Porsche, there was always an envelope to be pushed during those early days, and none did it better than the 911 GT1. Essentially a pure-blooded 3.2-litre racer with a sideline in (very) limited edition street versions to allow for homologation (shades of the 917, anyone?), the 911 GT1 swept everything in its path, including winning Le Mans in 1998 and claiming wins around the world thereafter. This particular chassis was initially sent to Rook Racing in Germany where it competed in BPR with middling results and ran at Le Mans in 1997. It later switched to IMSA with Rohr Racing, where it claimed four straight wins and a title with Allan McNish and Andy Pilgrim.

Broad Arrow Monterey, 2024.


Porsche 956

2. 956

Year 1982  /  Price $10.12m

“The 956/962 were defining Group C designs, helping Porsche cement its Le Mans legend

One of Porsche’s all-time greats, with a heap of provenance. Porsche’s 956 and 962 were the defining Group C designs and helped the brand cement its legend at La Sarthe, scoring six consecutive victories at the 24 Hours between 1982-1987 (it would actually be seven in a row for Porsche, thanks to its win with a 936 in 1981, but who’s counting?). This chassis was number three of the 10 works cars and made an instant impact on its Le Mans debut in 1982 when Jochen Mass and Vern Schuppan scored second overall in a Porsche podium sweep. It went one better in 1983, with Schuppan, Hurley Haywood and Al Holbert taking victory, the first of five major international sportscar wins for 056-003, and unquestionably the biggest. With ex-drivers also counting Jacky Ickx and Derek Bell, it’s little wonder this became the first Porsche to sell for eight figures, well above its initial $7-9m estimate.

Gooding & Co Pebble Beach, 2015.


1970-Porsche 917K

1. 917K

Year 1970  /  Price $14.08m

If the 956 mentioned previously carried an envious sporting pedigree, this 917K’s competition career could not be more different, given that it was one of the few 917s that never actually raced in period. But what 917-024 lacked in silverware it more than made up for on the silver screen as an integral part of Steve McQueen’s love letter to the sport, Le Mans. Used during filming as a camera car, and also appearing in a handful of scenes, this Gulf-liveried 917K was predominantly used as a test chassis, topping the 1970 Le Mans Test with Brian Redman at the wheel. Following a handful of other tests it was sold to Jo Siffert, where it became part of his collection. Following his death at Brands Hatch in 1971, 917-024 led Siffert’s funeral procession before being sold to a private collector in Paris, where it then disappeared for almost 25 years, emerging as a ‘barn find’ during a storage facility clear-out in 2001. Still fitted with its original space-saver and complete with a hand-written note on the key (believed to be from Porsche’s former operations manager and driver Herbert Linge) to ‘Run Lean’ due to the Le Mans setup. Fully restored and billed as ‘one of the most correct and significant 917s in existence, and easily one of the finest racing cars to come to public auction’ it sold for $14.08m (£10.42m) to become the most valuable Porsche ever.

Gooding & Co Pebble Beach, 2017.

1970-Porsche 917K Steve McQueen

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

Only on rare occasions was a 250 GTO entered by the works Ferrari team. They were most often run by Enzo’s official concessionaires and a band of privateers – albeit with the factory often helping.

The most significant of those concessionaires was Luigi Chinetti – an important figure in early Ferrari history. In 1949 he had driven a 166 MM to victory in the 24-hour races at Le Mans and Spa and went on to become the importer for the American market. Chinetti set up the North American Racing Team in the late 1950s, and it was NART that was entrusted with the GTO’s competition debut at Sebring in 1962.

In Europe, Jacques Swaters’ Garage Francorchamps was the Ferrari agent for the Benelux countries, and his Ecurie Francorchamps team entered cars in Formula 1, Formula 2, sports cars and GT racing. Swaters enjoyed the patronage of a number of quick gentlemen drivers, as well as running aces such as Willy Mairesse and Lucien Bianchi, and Ecurie Francorchamps entered GTOs in everything from Belgian hillclimbs to Le Mans.

pipergto

David Piper’s GTO just missed a podium finish at Reims in 1964

Revs Institute

The British distributor was Maranello Concessionaires, which had been set up by Ronnie Hoare in 1960. In 1962, ‘the Colonel’ successfully campaigned 3589 GT – which he’d collected from the factory and driven back to England – in partnership with Equipe Endeavour. The following year, Graham Hill won the Tourist Trophy in another Maranello Concessionaires GTO (4399 GT), and by the middle of the decade Hoare’s outfit had progressed to running Ferrari’s latest sports-prototypes in major European races.

The UDT-Laystall team had been formed in 1957 by Ken Gregory and Alfred Moss – Stirling’s father – as the British Racing Partnership, and it acquired 3505 GT in early 1962. Stirling should have raced the distinctive pale-green GTO, but after practising with it at the Easter Goodwood meeting, he had his career-ending accident in the Glover Trophy race.

gto2

Equipe Nationale Belge raced at Le Mans in ’64 and had the best-placed 250 GTO: fifth

Getty Images

UDT-Laystall had an entry for 3505 GT in November’s Kyalami 9 Hours but had sold the GTO by then, so Gregory offered the spot to privateer David Piper, whose single- seater career had recently reached a dead end. ‘Pipes’ had acquired 3767 GT earlier that year and, although initially reluctant, decided to take his GTO to South Africa – and won.

In 1963, he replaced 3767 GT with 4491 GT, to which he carried out a number of modifications, including lowering the roof line. Lorenzo Bandini once said to Mauro Forghieri that this was “the fastest GTO in the world”.

Other honourable mentions from that maiden campaign go to John Surtees, who raced 3647 GT under the joint banner of Maranello Concessionaires and Bowmaker Racing, and also to John Coombs. Although Coombs is synonymous with Jaguar, his frustration with its top brass led to him acquiring a GTO (3729 GT) to go with his E-type. Jaguar carried out an in-depth analysis. Coombs denied that this ever took place, even though photographs of the GTO in the wind tunnel survive, as does Jaguar’s extensive report.

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

Denis Jenkinson read the situation perfectly. In early 1962, as the dust settled following the ‘Palace Revolt’ in which a number of senior figures had left Maranello, Jenks wrote in Motor Sport that the upheaval was “not likely to have any effect, for after all, Enzo Ferrari has been running a racing team for many years”. In that time, he added, “there has been a long list of engineers coming and going… and yet Ferrari has gone on undisturbed, and it is my guess that he will continue in the same way”.

He did – for the most part. The Scuderia’s Formula 1 fortunes briefly slumped, but otherwise it was business as usual – which meant fighting on a number of fronts. When the 1962 250 GT Berlinetta – soon to become known to one and all as the GTO – was presented at Maranello that February, it stood alongside not only the latest grand prix car, but also the mid-engined 196 SP, 248 SP and 286 SP sports-racers. Whatever the discipline, Ferrari had all bases covered.

And therein lies one of the stories of the season. Sports car racing was having one of its occasional identity crises and the 1962 world championship would be fought out solely by GT cars – not a prospect that thrilled the organisers of the blue-riband races. They argued that no one wanted to see GT-only grids, and announced that they would allow ‘experimental prototypes’ into their events.

Ferrari 250 GTO Maranello 1962

A dream line-up of Ferrari sports racers at Maranello before the 1962 season

Grand Prix Photo

The upshot was that championship rounds such as the Sebring 12 Hours, Targa Florio, Le Mans 24 Hours and Nürburgring 1000Kms were all won outright by sports-racing cars. GT machinery was often relegated to competing in a ‘race within a race’ – and to muddy the waters further, the championship itself was split into three divisions according to engine size. To quote Jenks again: “To win a GT championship outright is interesting; to win a third of the championship is absurd.”

But those were the conditions that prevailed, and even if the 1962 championship was missing the hillclimbs and criterium-style ‘rallies’ that would be added to the schedule in 1963, it wasn’t lacking in variety. It encompassed everything from the wide-open airfield at Sebring to the tortuous Circuito Piccolo delle Madonie for the Targa Florio, compact Goodwood to the epic Nordschleife – and, of course, the Le Mans 24 Hours.

“Phil Hill was initially somewhat dismayed to be in ‘this damn coupé’”

During 1961, hopes had been high in the British media that the new Jaguar E-type would take the fight to Ferrari, but a competition programme wasn’t a top priority at Browns Lane. In that respect, the contrast with Maranello was stark, Mauro Forghieri simply stating that “the factory was dedicated to the racing world”. There was no way that a half-hearted approach by the Scuderia’s rivals was going to be enough to knock it from its lofty perch – and so it proved.

Having not been ready in time for the opening round of the championship at Daytona, the GTO made its racing debut at the Sebring 12 Hours on March 24, chassis number 3387 GT being entrusted to the stellar driver pairing of Phil Hill and Olivier Gendebien. Hill was initially somewhat dismayed to be in “this damn coupé” but, as the assembled sports-racers struck trouble, he and Gendebien enjoyed a strong run to second overall behind the Ferrari 250TRI/61 of Jo Bonnier and Lucien Bianchi.

Former works Maserati driver Giorgio Scarlatti did the lion’s share of the driving as he and the car’s owner, Pietro Ferraro, finished fourth overall in 3451 GT at the Targa Florio, but the same pairing then failed to finish in the Nürburgring 1000Kms. So did the other GTO that had been entered – driven by Umberto Maglioli and Gotfrid Köchert – but fortunately the Short Wheelbase of Wolfgang Seidel and Peter Nöcker picked up the pieces by finishing fifth overall and maintaining Ferrari’s perfect score in the championship.

 

250 GTO No19 finished second at Le Mans 1962, driven by Jean Guichet and Pierre Noblet

250 GTO No19 finished second at Le Mans 1962, driven by Jean Guichet and Pierre Noblet

Getty Images

Graham Hill stirred British souls by briefly leading the Le Mans 24 Hours in the Project 212 Aston, but Ferrari took an iron grip. While Gendebien and Phil Hill romped to victory in the works 330 TRI/LM, Jean Guichet took his GTO (3705 GT) to second overall with Pierre Noblet, and the Ecurie Francorchamps entry of Léon Dernier and Jean Blaton (3757 GT) crossed the line third. It had been a race in which the leading GTOs had outlasted an array of those ‘experimental prototypes’. In addition to the Project Aston and 330 TRI/LM, there was a 4-litre Berlinetta from Ferrari, a trio of Maserati’s fearsome Tipo 151 coupés, and Count Volpi showed up with his Ferrari 250 GT ‘Breadvan’ – a car born out of his frustration with Enzo, and a whole story in its own right.

GTO5

There were more Ferraris than any other marque at Le Mans in ’62 – GTO No58 DNF

Klemantaski Collection/Getty

In July, Carlo Maria Abate took Volpi’s GTO (3445 GT) to victory in the Trophées d’Auvergne at Charade, leaving the little Lotus 23 of Alan Rees to trail home in second, and GTOs then dominated the following month’s Tourist Trophy at Goodwood. Innes Ireland took pole position in 3505 GT, but come the race he was soon overtaken by John Surtees in 3647 GT. ‘Fearless John’ set a series of lap records as he pulled away from the other GTOs, and looked set to add a four-wheeled TT win to his earlier two-wheeled success until Jim Clark lost control of his Aston Martin DB4 GT Zagato while being lapped and took them both out of the race.

GTO debut at Sebring

GTO debut at Sebring that same year, and a second place

A grateful Ireland swept past to take victory, and Bob Grossman maintained the GTO’s perfect record by finishing second overall at Bridgehampton’s Double 400. The championship then came to a close at the Paris 1000Kms in which GTOs occupied four of the top six positions. Leading them all were Pedro and Ricardo Rodríguez in the NART-entered 3987 GT, a poignant result given that Ricardo died a couple of weeks later during practice for the Mexican Grand Prix.

Ferrari’s clean sweep en route to the title was impressive, but the GTO really showed its versatility away from the glare of the world championship. In the UK, Graham Hill did his best to keep on terms in the John Coombs Jaguar E-type, but the likes of Mike Parkes, John Surtees and Innes Ireland were all GTO- mounted and Parkes, in particular, ran riot.

“Sadly, the officials refused to let the car race without a bonnet”

On paper, some of these British events might seem low-key. Twenty-five laps around Mallory Park is a long way – both literally and figuratively – from the Targa Florio, but Parkes, Surtees and Hill were all at the Leicestershire circuit on June 11. And for the feature Formula 1 race that day, the front row comprised Surtees, Jack Brabham, Clark and Hill.

On the home front, privateers Edoardo Lualdi Gabardi and Ferdinando Pagliarini often went head-to-head in Italian hillclimbing. Lualdi Gabardi – who ran a successful textiles business and was a loyal customer of Ferrari – acquired 3413 GT and won first time out at the Coppa Città di Asiago. This was a different discipline to British hillclimbing, on a more epic scale – highlighted by the fact that the Mosson-Treschè Conca course covered nine miles and climbed 802 metres (2650 feet).

Filippo Theodoli at Le Mans 1962

FIA official Filippo Theodoli has the best seat in the house at Le Mans 1962 on the NART’s GTO

Lualdi Gabardi would claim nine class victories during the course of that year and win his class in the Italian GT Championship, but the GTO’s maiden season was not entirely flawless. The Tour de France – still a non- championship event in 1962 – had become a Ferrari stronghold, its gruelling schedule showcasing the all-round abilities of the 250 GT Berlinetta, variants of which had won every year since 1956. Thanks to an unfortunate sequence of events involving a moment’s inattention, a milk lorry and a missing bonnet, it would not be a GTO that continued that run.

GTO7

Thumbs up at the 1962 Targa Florio for the 250 GTO of Giorgio Scarlatti and Pietro Ferraro

Klemantaski Collection/Getty Images

Lucien Bianchi and Claude Dubois had a comfortable lead aboard 3527 GT as the field made its way from Spa-Francorchamps to Reims for the final race of that year’s Tour, but as they came through the village of Remouchamps, Bianchi went straight through a junction and hit a milk lorry. The damage was extensive, but Ferrari’s Assistenza Tecnica crew worked miracles to get the GTO to Reims. Sadly, it was for nothing – officials refused to let the car race without its bonnet, which had been left in Remouchamps.

The Belgians were classified seventh and victory instead went to the Short Wheelbase of André Simon and Maurice Dupeyron. Decades later, Dubois remembered that while he was driving the GTO during a pre-event recce on one of the hillclimbs, Bianchi had warned him to slowdown because it was a time of day at which the milk lorries would be on the road…

Later in 1962, the GTO chalked up yet more victories, from the Rand 9 Hours at Kyalami to the Nassau Tourist Trophy. In America, however, there was trouble brewing. Carroll Shelby’s Cobra had been homologated on August 6, and the Texan set his sights on taking down Ferrari. He managed it, too, but not until 1965 – by which point the GTO had chalked up three world championships and Enzo, as always, had long since moved on.

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

A mid an ever-changing global economy, one thing remains certain: the Ferrari 250 GTO continues to exemplify the strength of the collector car market. Economic and political uncertainties, the rise of new currencies and looming tax increases have encouraged a move towards wealth allocation into hard assets, piquing the interest of savvy collectors.

Market players are becoming more cognizant of collector cars as an asset class, led by the 250 GTO. The most valuable car ever purchased [prior to the 1955 Mercedes 300 SLR Uhlenhaut Coupé being sold by the factory for an unprecedented $145m in June, 2022, Ed] was a 1963 Ferrari 250 GTO that went for a figure purported to be at least £52m in 2018. That same year, the highest value for a car ever achieved at public auction was realised by the sale of a 1962 Ferrari 250 GTO that went for £37m at RM Sotheby’s auction in Monterey.

“GTO owners do drive them. Usage doesn’t correlate with depreciation”

As Gooding & Company has been involved in the most significant private sales of these cars, we have found it clear that the GTO reigns supreme in the collector world. It has proven to consistently climb in value since the early 1970s and I have no doubt we’ll see them eventually breaking $100m.

To own a GTO is to have the quintessential motoring trophy. It captures all of the qualities that make a car great: it has an aesthetic appeal, is exciting to drive, sounds glorious, and is very rare. As with all great cars, the GTO has characteristics that contribute to its value as the most-prized, much like the qualities of the most-valuable paintings or significant watches that warrant their reverence and prestige. In the automotive space, nothing exemplifies this more than the 250 GTO.

They trade hands fairly often despite their values. Contrary to popular belief, most GTO owners drive their cars regularly, and increased usage does not correlate with depreciation.

GTO:64 RM Sotheby’s at Monterey for £37m

In all of my time in this industry, there have never been two examples on the market simultaneously. Selling a car like the GTO is a big decision, so owners manoeuvre through the process by seeking out expert guidance. When brokering the sale, we look for the condition, its history and authenticity, and then conduct an analysis on its relative value when compared to the other extant GTOs. We then work to connect the seller with suitable buyers, ensuring that these gems are delivered to the most fitting homes.

Ownership is, for many, a fleeting moment, and once that chapter is closed, it is usually never opened again. Most who have sold their GTO don’t typically buy another, because it is difficult to get back in the market. If one buys their first GTO at, say, £3.7m and then sells it at £50m, they’re going to have a hard time getting back in when the new valuation is £65m. Although former owners miss this wildly magical car, they are usually happy with their choice to sell, the money it brings, and the opportunity to pass on this asset to a fellow lucky and passionate collector.

The shining example of an automotive collectible, we are confident the 250 GTO will reign sovereign for years to come.

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

Amongst all the world’s greatest classic cars there can be no doubt that, in general perception, the confined group of Ferrari 250 GTOs reigns supreme. Some might argue but as Stirling Moss used to say, these things are a pyramid, a pyramid has a point and on that point there’s only room for one…

For proof that the GTO sits at the apex, just look at where the modern-day collectors’ car market rates the GTO, where a vast global audience of enthusiasts and fans rates the GTO, where a huge majority of established and aspiring well-heeled collectors (and investors) rate the GTO. All of them prize the Ferrari 250 GTO most.

But is this based on its achievements in period? Allow me to argue the evidence against, and to examine the reality of why, and how, the GTO has found its astounding level of enduring acclaim.

“The Old Man famously rated the GT Championship above F1”

When I bought my March 2, 1962 issue of Autosport, I found in it a report accompanied by mouthwatering photos of Ferrari’s latest fleet of Formula 1 and endurance cars launched fresh for the coming season. It was my first sight of what struck me as Maranello’s most beautifully proportioned and stunningly styled road-racing Berlinetta – the 250 GTO. I was then just a wide-eyed, racing-mad teenager, but today – and over the 60 long years since – absolutely nothing has changed my admiration for, at least, that shape.

‘Anteater’ GTO prototype at Monza test, 1961

‘Anteater’ GTO prototype at Monza test, 1961

And that enduring, defining 1962-63 shape is utterly crucial. What consummate artist styled it? Ferrari has always merely said it was done ‘in house’. Styled by the factory. But someone there must have conceived it. Who should we credit? After years of digging I am convinced the GTO was ‘styled’, if that’s the right word, by Ferrari’s humble ‘shape man’ and wind tunnel model maker Edmondo ‘Millimetro’ Casoli… long years uncredited. He met requirements for a better aerodynamic form than the bluff-nosed 250 GT SWB cars of 1960-61. Those requirements were made by ’62 GTO project engineer Giotto Bizzarrini. Mr Ferrari surely had final approval. Scaglietti’s feisty body-shop foreman Giancarlo Guerra then made the body buck, and panel-bashed the prototype GTO in time for launch. But if we should give credit to one artist for the shape, I would plump for Millimetro Casoli, remembered as a charming and modest man, just happy to contribute to his beloved Ferrari firm’s future – as were so very many of Ferrari’s artisan staff.

1964 Tour de France Ferrari 250 GTO 1-2

The 1964 Tour de France featured a 250 GTO 1-2; Jean Guichet and Michel de Bourbon-Parme, here on the Charade circuit.

The Old Man famously rated winning the GT Championship above an F1 title “because it sells our production cars, which pays for our racing”. So Ferrari’s Gran Turismo cup absolutely overflowed through 1962-63 – GTOs excelling in all manner of non-championship races, hillclimbs and rallies as well. And this is what the tifosi saw, and adored, both in period and ever since. But hey, there’s a question – and it’s a big one. What did the GTOs really beat?

“By 1965 it was a case of ‘oh look, there’s an old GTO – lovely, but quaint’”

Unfortunately, for the rabid Ferraristi, the actual answer is ‘not very much’. Certainly within that 3-litre GT category, precious little beyond the odd Austin-Healey 3000. Jaguar tried to press Ferrari hard overall with private E-types – especially the gawky-stance 1963 Lightweights – but they were in the 4-litre class, while Chevrolet Corvette careered and rolled around as 5-litre GT contenders. When the GTOs twice failed to out-run opposition overall – at Reims ’63 against Dick Protheroe’s Low Drag Coupé Jaguar and at Monza ’63 against Roy Salvadori’s works Aston Martin Project 214 – they still dominated their points-scoring 3-litre category, which allowed them, despite those rare defeats, to win their repeat world title comfortably. But this ‘from whom’ perspective remains historically important.

1963 Le Mans Ferrari GTO

The 1963 Le Mans runners-up are swamped

Getty Images

Cobra of Dave MacDonald Ferrari 250 GTO Pedro Rodríguez 1963

The Cobra of Dave MacDonald leads the 250 GTO of Pedro Rodríguez in the Daytona 3 Hours, 1963 – but the Ferrari won.

Getty Images

By 1964 it took a revised GTO in the fresh GTO/64 suit of clothes to face the powered-by-Ford V8 onslaught from the Shelby American Cobra. That year’s intended GTO-replacement rear-engined Ferrari 250LMs were denied recognition as GT-class entries by the partly Ford-pressured FIA. Just one- or two-year-old 250 GTOs in their original – now so-called ‘Series 1’ – body form already looked outdated, ageing, often battered makeweight entries. By 1965 GTOs – frontline discards – were appearing across Europe and the USA as club-racing cars, wielded by the averagely well-heeled, and averagely competent.

From trackside it was a case of “oh look, there’s an old GTO – lovely, but quaint”. We concentrated on the main menu, the sports-prototypes – Ferrari versus Ford GT. The ageing GTOs and GTO/64s, just seemed insignificant beside the sports-prototypes.

That’s why the modern glorification of ‘Ferrari versus Ford’ as being a Ferrari-Cobra conflict really grates. It might have seemed a big deal to Shelby’s finest in period – but for purebred period tifosi it was the exotic battle ahead of them, the rear-engined rocket ships racing for glory overall where the significant Ferrari-Ford battle raged.

Does any of this tarnish the legend of the GTO? No way – it just adds perspective.

Swedish colours of Ulf Norinder and Picko Troberg at the Targa Florio, 1964

The Swedish colours of Ulf Norinder and Picko Troberg at the Targa Florio, 1964.

Peter Sutcliffe’s lowered-roof ex-Piper GTO at the Reims 12 Hours, 1965

Peter Sutcliffe’s lowered-roof ex-Piper GTO at the Reims 12 Hours, 1965

Pedro Rodríguez and Phil Hill’s 250 GTO

Pedro Rodríguez and Phil Hill’s uprated GTO/64 led a 250 GTO 1-2-3 at the 1964 Daytona Continental

Richie Ginther, 1964 Tourist Trophy in the Eric Portman Ferrari GTO:64

Richie Ginther, No28, was well down the field at the 1964 Tourist Trophy in the Eric Portman-entered Ferrari – here chasing a GTO/64

Getty Images


GTOs triumphant – 1962-63

1962 GT World Championship

Sebring 12 Hours  Phil Hill/Olivier Gendebien 2nd o/a First GT
Targa Florio Giorgio Scarlatti/Pietro Ferraro 4th o/a First GT
Nürburgring 1000Kms Michael Parkes/Willy Mairesse (4-litre) 2nd o/a First 4.0 Prototype
Le Mans 24 Hours  Jean Guichet/Pierre Noblet

‘Eldé’/‘Beurlys’

2nd o/a

3rd o/a

First GT

2nd GT

Trophée d’Auvergne Carlo Mario Abate First o/a First GT
RAC Tourist Trophy Innes Ireland

Graham Hill 

Michael Parkes

David Piper

First o/a

2nd o/a

3rd o/a

5th o/a

 

First GT

2nd GT

3rd GT

5th GT

Bridgehampton 400Kms Bob Grossman

Charlie Hayes/Ed Hugus 

2nd o/a

3rd o/a

First GT

2nd GT

Paris 1000Kms  Pedro RodrÍguez/Ricardo RodrÍguez

John Surtees/Michael Parkes 

Jean Guichet/Pierre Noblet

Lucien Bianchi/Willy Mairesse

First o/a

2nd o/a

4th o/a

5th o/a

First GT

2nd GT

4th GT

5th GT

1963 GT World Championship

Daytona 3 Hours  Pedro RodrÍguez 

Roger Penske

First o/a

2nd o/a

First GT

2nd GT

Sebring 12 Hours Roger Penske/Augie Pabst

Carlo Mario Abate/Juan-Manuel Bordeu 

Richie Ginther/Innes Ireland

4th o/a

5th o/a

6th o/a

First GT

2nd GT

3rd GT

Targa Florio  Maurizio Grana/Gianni Bulgari 4th o/a First 3.0 GT
Spa 500Kms Willy Mairesse

Pierre Noblet

Jo Siffert 

First o/a

2nd o/a

3rd o/a

First GT

2nd GT

3rd GT

Nürburgring 1000Kms Pierre Noblet/Jean Guichet 2nd o/a First GT
Consuma hillclimb Paolo Colombo  9th o/a First 3.0 GT
Rossfeld hillclimb Paolo Colombo 15th o/a First 3.0 GT
Le Mans 24 Hours ‘Beurlys’/Gérald Langlois van Ophem

Pierre Dumay/‘Eldé’

2nd o/a

4th o/a

First GT

2nd GT

Trophée d’Auvergne Carlo Mario Abate  3rd o/a First GT
Freiburg hillclimb  Carlo Mario Abate 11th o/a First 3.0 GT
RAC Tourist Trophy Graham Hill

Michael Parkes

First o/a

2nd o/a

First GT

2nd GT

Ollon-Villars hillclimb Carlo Mario Abate 5th o/a First 3.0 GT
Coppa Inter-Europa Michael Parkes 2nd o/a First 3.0 GT
Tour de France Jean Guichet/José Behra

Lucien Bianchi/Carlo Mario Abate 

First o/a

2nd o/a

First GT

2nd GT

 

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

Taken from Motor Sport, March 2022

Sixty years ago, a car regarded by many as the greatest road racer of all time was launched. And this month – March 1962 – it made its competitive debut on the track. It was the start of a journey for the Ferrari 250 GTO that would help it become not only the world’s most valuable collectors’ car but also acquire a mythical aura that means today it stands alone in the pantheon not only of Maranello’s fabled racers but also among all classic cars.

2400mm wheelbase Ferrari 250 GT SWB

2400mm wheelbase was derived from the 250 GT SWB.

Ferrari 250GTO Nose-top

Nose-top hatches detach for extra cooling.

Lee Brimble

One of the reasons for this is its rarity: only a handful of unmolested examples still exist. And so test-driving them to experience their uniqueness is destined to remain a dream of all but a very fortunate few.

That is why I count myself lucky to have spent many hundreds of happy miles of hard motoring in 250 GTOs. The car photographed here has been owned for 40 years by ex-racer Paul Vestey. We have shared it many times on the classic Adelaide Rally, at Goodwood and just stretching its legs on the road. Its chassis serial is 4115GT, sold new to German enthusiast Hermann Cordes. He made his hillclimb debut with it in March 1963, won a minor race at Hockenheim, finished second at AVUS and then sold it to an extraordinary playboy/architect named Manfred Ramminger.

“It’s a rarity – only a handful of unmolested examples still exist”

Through 1964 Ramminger (great name for a racing driver) drove it to minor class wins at Mainz-Finthen and AVUS before selling it for ’65 to Werner Lindermann from Duisburg, who won his class with it in minor events at the Nürburgring and AVUS, and shared it with Ramminger for second in class (and 23rd overall) in the ADAC 1000Kms.

Ramminger was later convicted as a KGB agent, who in 1967 stole a Sidewinder missile from a German/US airbase and freighted it to Moscow. Having pushed it on a wheelbarrow to a hole in the fence, he loaded it into his Mercedes estate, found it was too long to fit so he smashed the rear screen and left the missile’s nose protruding. He then draped a piece of carpet from it as a marker flag, to meet German traffic law…

Ferrari 250 GTO wooden wheel

Wood-rim and prancing horse

Lee Brimble

Ferrari 250 GTO side

From him, 4115GT had passed to Swiss owner H.P. Burkhardt, then to Bob Roberts for his Midland Motor Museum at Bridgnorth, Shropshire. Neil Corner bought it in 1978 and sold it to mutual friend Paul in 1981, since when he has preserved, and used it over more than 50,000 miles.

So, with a 60-year life well lived behind it, let’s drive 4115GT. The GTO door opening is quite confined. For a proper-sized chap it’s a squeeze to enter. The door catches have a tiny pull tab under the latch button. You squeeze the button with your thumb, crooking the tab in your index finger and the door swings wide, obviously lightweight aluminium panelling, black-trimmed within. There’s quite a spacious door pocket for maps, road-books etc, a chromed pull handle and a latch cable — just like the original Mini Minor.

“Pulse quickens. Noise is deafening. There’s a rising note, it seems inside your head, a resonant growing yowl”

In this left-hand driver it’s best to slide your right knee first beneath the wood-rim steering wheel, otherwise there’s no room to load your legs later. The blue-upholstered bucket seat’s raked back fits comfortably beneath shoulder blades. It’s quite a squeeze to settle knees-high behind the famous, thin, wood-rimmed steering wheel with its yellow and black Cavallino Rampante badge, but once ‘in’ it’s actually very comfortable. Snap-shut the four-point belts. The pedals are slightly offset to the left, towards the outside of the car, while one’s torso faces dead ahead. In most cars the pedals are eased to the right to clear an intrusive front wheel-arch but in the GTO you sit well back within the wheelbase. Its foot-box is behind the front wheel-arch while the seatback is hard against the front of the rear wheel-arch. Together with rearward-mounted engine and gearbox, the driver’s (considerable) mass is as centralised as possible.Look around. The two-piece sliding side windows are Perspex, the shapely sharp-raked windscreen laminated glass. The gearchange gate, boxed high on the centre tunnel with that majestic arching one-armed-bandit lever and machined ball-grip, utterly dominates the cockpit. It invites instant use. The movement is long, some five inches fore-and-aft, but it is incredibly positive, minimal free movement, and it is spring-loaded into the centre plane of the six-point gate.

Ferrar 250 GTO rear

From the left-hand driving position reverse gear is selected towards the driver, the slightest press against a spring and forward, then first gear straight back, lower left. Second is forward, across, centre-plane, forward again – a diagonal punching movement. Third straight back, fourth punch forward and across, fifth straight back. With thumb hooked around the steering-wheel rim the tip of my index finger at full span can reach the gearknob. That high gearlever emphasises the impression of sitting low, almost reaching ‘up’ to change gear. Instruments are perfectly placed. All-round vision is very good, though blind spots by the quarter panels, embarrassing from the left-hand driving seat at British roundabouts and angled junctions unless one positions the car carefully. Now – action!

The ignition lock is to the right of the dash on the facia switch panel. Pump the throttle. Turn the key, warning lights gleam; push in key, starter engages. It sounds more like an aircraft than motor car start-up – a powerful, level whine as those 12 small pistons shuttle through their stroke, twin distributors just there beyond the firewall spark their plugs and Ferrari’s world-famous two-cam V12 crackles into extrovert life.

Ferrari 250 GT Nurburgring

4115GT at the Nürburgring 1000Kms in 1965, driven by Werner Lindermann and KGB agent Manfred Ramminger

The GTO is actually noisier inside than it is outside. Toe the very light and smooth clutch, clack the stick back into first gear, draw away. Accelerate, punch it into second, a one-arm bandit yank back into third, punch to fourth, pull to fifth… and it’s a case of “Hello old friend – how are you doin’?”.

On the road the GTO is pleasantly tractable and – despite its noise and by modern standards unrefined vibration (which in fact any red-blooded driver has just got to love) – it is civilised, if never unobtrusive. That nerve-tingling racket of cam drives and meshing gears and blustering exhaust fills the cockpit. Conversation with a passenger is challenging, even at mimsing speed. Perhaps its most delightful single feature – other than that dominant gearchange in its exposed gate – is its light and progressive clutch, closely followed by the steering which is light and full of feel without undue kickback.

Ferrari 250 GTO rear lights

Ferrari 250 GTO back

But undoubtedly the heart of any period Ferrari is that V12 engine; a staggeringly impressive piece. Picture yourself sitting there, gearchange high to your right, that ergonomic dash panel dead ahead; and beyond, through the raked screen, those voluptuous hand-formed swells and rolls of the bonnet, ‘power bulge’ and wings. Cruising onto the open road in fourth gear, perhaps 40mph, feathered throttle, engine grumbling, like a high-powered piston fighter plane just taxiing.

On a delicate throttle the car will accelerate smoothly from around 2500rpm. Clear road ahead – OK, it’s time. Pull lever back, neutral, to you and back again for third – and floor the throttle. Passing through 4000rpm – nothing immediately sensational, just a progressive forward surge. But don’t think that, after all the fuss, this is ‘only’ a 60-year-old 3-litre V12. As yet you haven’t scratched the surface of its capabilities.

Ferrari 250 GTO locks

Ferrari 250 GTO engine

The music section: its 3-litre V12 was equally at home on public road or track

Lee Brimble

The firm ride smooths as the Ferrari’s speed rises. Then the tacho needle reaches vertical, 5000rpm, and it’s almost like throwing a switch. Power surges in – not abruptly, not the explosive charge that a modern might provide, but just a rapid, relentless strengthening of the surging push in your back. That sharp V12 song from the SNAP extractors abruptly hardens. It develops a heavy creamy burr and your neck begins to bend. Now the hedgerows are flashing past. Pulse quickens. Noise is deafening. There’s a rising note, it seems inside your head, a resonant growing yowl. And the plastic side windows have started to chatter. At 6000 the GTO’s tail feels tucked down although its hard suspension and firm damping in fact allows little squat. Now it’s accelerating like fury, the tacho needle swinging rapidly past 6500 to 7000. Change up, punch forward and right, the lever snaps helpfully into fourth.

The woodrim clasped lightly in your left-hand fingers is singing to you, that exultant race-bred V12 note has cut clean as your toe paused the throttle, then as fourth clacks home it hammers on again with instant response. The faster you feed the V12 the hungrier it feels. Everything within GTO-world smooths into a galloping, creamy, sensory overload. The car seems to hunker down – perhaps an aerodynamic effect – its ride polished. Plainly we are on planet GTO. And almost instantly you are passing six-plus in the meat of the torque curve and the needle is soaring. The road is blurring past, and approaching 7000rpm – the noise!

Ferrari 250 GTO interior

The minimalist cockpit is dominated by the ‘one-armed bandit’ gearlever with machined ball grip

Lee Brimble

It’s a rippling, resonant howl, filling the cockpit, and the skin on your cheeks is shivering in sympathy. The note catches for a second, that’s the change to fifth and still it’s accelerating and the tacho needle is swinging and this is fast enough. You’ve been there. Proper drivers – a proper track – on up to 8000rpm, 170mph and beyond beckons. Here in this lovely old lady is the antithesis of any whining electric car.

When I first drove a GTO 40 years ago I wrote that “…the din is indescribable and earplugs are a must”. Now deafness renders them unnecessary. But how, without intercom, Tour de France rally navigators spoke to their drivers I have no idea. That engine feels unburstable. The gearbox instils such confidence it could almost be muttering ‘Le Mans 24 Hours’ or ‘Tour de France’ as it encourages use. The all-disc brakes are reasonably powerful by 1962 standards but not unduly impressive now. At my driver level the chassis’ handling always impresses me as very stable and responsive, well-tuned and sensitive to throttle opening and input from that wonderfully sensory steering. In tighter turns it’s very easy to induce initial understeer but just as easy to balance it out on the throttle. It all just feels well-balanced, willing, helpful – the GTO is your partner, not an adversary.

Ferrari 250 GTO back wing

The lines of the car were derived partly from wind tunnel testing, while sports car experience added the rear spoiler

Lee Brimble

Ferrari 250 GTO logo

My most vivid single GTO image is of driving at night along the fast, sweeping A303 country road, the amber headlights probing the darkness ahead and the sweeping ‘lazy-M’ profile of that famous bonnet silhouetted in their glare. That image, and the 12-cylinder noises, and the short neck-hairs-bristling balance of that classically vintage chassis through 70-80mph S-bends has always lived with me. Plus the car’s deep-chested muscular pace as it catapulted up long steep hills, and the baritone whoops of down-changes through the night on dry, empty roads.

Make no mistake, there is real substance to the GTO legend. Except for the fact that, despite all their winning, 1962-63, they didn’t beat much of any importance – never otherwise doubt it. In the 250 GTO – perhaps more by happenstance than intent – the planets simply conjoined. And that is why the legend lives.

Ferrari 250 GTO top view

Specification

Price New £6000 (£136,000 today)
Power 300bhp
0-60mph 5.6sec
Engine 3-litre V12
Weight 880kg (dry)
Max Speed 174mph

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

Sam Murtaugh

The 2024/25 auction season proved both dynamic and reassuring for the collector car industry, demonstrating remarkable stability while continuing to attract new waves of enthusiasts despite geopolitical and trade tensions around the globe. Across Mecum’s 13 collector car auctions, we saw not only sustained demand for classic and collector automobiles but also a steady influx of first-time buyers entering the market.

Larry Klairmont Collection at the Klairmont Kollections

The Larry’s Legacy auction offered the Larry Klairmont Collection at the Klairmont Kollections Automotive Museum in Chicago

Nostalgia remains the primary motivation for many of these entrants — an enduring force that connects generations to the cars of their youth, their heroes and their dreams. At the same time, buyer preferences continue to evolve, reflecting a more diverse and vibrant collector base that is actively shaping the future of the hobby.

“The stage is already set for another historic year ahead in 2026”

The highlight of the season, as always, was Mecum Kissimmee, held each January in Florida and firmly established as the world’s largest collector car auction. Once again, the scale and energy of Kissimmee set the industry standard. In 2025, the auction surpassed $200 million in total sales for the fourth consecutive year, an achievement that cements both its dominance and resilience, even amid broader economic uncertainty. This milestone not only underscores Kissimmee’s unmatched scale but also reflects the continued enthusiasm and confidence of collectors.

1962 ferrari 250 gto bianco

The 2026 season will begin with the sale of this 250 GTO, Bianco Speciale, in Kissimmee

Beyond Kissimmee, Mecum’s nationwide slate of events — from Glendale, Arizona, to Indianapolis, and from Monterey Car Week to the bright lights of Las Vegas — continued to thrive.

Each auction delivered its own regional character and unique line up of consignments while collectively reinforcing Mecum’s model of diversity and accessibility. From American muscle cars to European exotics, vintage trucks to modern supercars, this breadth ensures the marketplace remains attractive to enthusiasts at every level while giving collectors confidence that their investments are both celebrated and valued.

Mecum 1992 Ferrari F40

Looking ahead to 2026, Mecum’s momentum shows no signs of slowing. The stage is already set for another historic year with ‘Bianco Speciale’, the 1962 Ferrari 250 GTO, secured as the headline consignment for Kissimmee. One of only 36 GTOs ever produced, and the only example finished by the factory in white, the 250 GTO is regarded as one of the most important Ferraris in existence. Its presence will further elevate Kissimmee’s global significance, drawing the attention of the world’s most discerning collectors and setting the tone for yet another record-breaking event.

mecum kissimmee 2025 rvm classics

The 2024/25 season demonstrated that the collector car world is not only holding strong but also expanding in reach, diversity and prestige. Mecum remains committed to providing a platform for everyone to participate, offering both seasoned collectors and new entrants unmatched opportunities, experiences and results. With a year defined by consistency and capped by the promise of an unprecedented start to 2026 with Bianco Speciale in Kissimmee, Mecum is eager for the new season and proud to continue celebrating the passion and growth of the collector car industry.

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

By the end of this feature our keyboards could’ve probably typed the terms ‘250’ and ‘GTO’ by themselves. And there’s good reason for that. The thing you’ll spot within this list is the prominence of competition cars, particularly the king of all historic racing machinery, the 250 GTO. There are two things about racing cars that makes them so desirable; the fact there are so few of them, and that they represent specific snapshots in time. Compared to production cars – which even of this era were generally churned out in their hundreds – there were only ever a handful of racing versions, many of which never survived their careers either intact or at all. Plus, there’s only ever one example that triumphed in that certain race or was handled by that certain driver on that day. They are icons of their time in the way road cars simply cannot be. That desire and drive for the unique is always going to be a hit across the auction block.


2025 Daytona SP3 ‘Tailor Made’

10. 2025 Daytona SP3 ‘Tailor Made’ 

Price $26,000,000 (£19.27m) 

What it lacks in history, this car more than makes up for in individuality. In a mass-produced modern world, Ferrari’s limited runs of Icona concept supercars make for a refreshing twist. This one-of-a-kind Daytona SP3 – following on from the Monza SP1 and SP2 – was built to cap the original run of 599 units, with this being the 600th and final to roll off the line. Featuring an unadulterated 829bhp V12 and unique two-tone carbon-yellow livery with garish ‘FERRARI’ branding across the body, it also came with steering wheel and dashboard parts made from the same carbon that went into the SF-25 Formula 1 car. Auctioned direct from Maranello, with all proceeds going to the Ferrari Foundation for global education. RM Sotheby’s Monterey, 2025.


1964 275 GTB:C Special

9. 1964 275 GTB/C Special

Price $26,400,00 (£21.93m) 

How do you follow a headline act like the 250 GTO? Well, as it turns out, you don’t really, considering the 275 GTB/C Speciale never really got the chance to follow fully in the wheeltracks of its illustrious predecessor. Developed for the 1965 season, the 275 GTB Competizione Speciale aimed to improve on the 250 with independent rear suspension, fully synchromesh gearbox and 3.3-litre Colombo V12. Only four were made, with three of them wearing ‘Speciale’ lightweight alloy bodywork. Problem was the FIA wasn’t keen on homologating what was a lightweight special into its GT category, so the model’s racing was heavily restricted by a rules dispute. This chassis, 06701, didn’t see much action until later in its life when owner Brandon Wang entered it for historic races before putting it through a full restoration. Out of the public spotlight for much of its life, it made for a rare and highly desirable lot. RM Auctions Monterey, 2014.


1967 275 GTB:4 NART Spyder 2

8. 1967 275 GTB/4 NART Spyder

Price $27,500,000 (£23.22m) 

Wait, a regular road car… in this list?! Certainly, and one with both infallible prominence and a story. In an effort to help Ferrari crack America, US importer Luigi Chinetti had convinced Enzo that chopping the roof off a 275GTB Berlinetta could be a great way of taking in the coastal sunshine. American businessman Eddie Smith Snr agreed, and placed an order for the 1968 drop-top. Only 10 NART Spyders were built, and Steve McQueen got the first one, but then attempted to buy this car from Smith after his had been rear-ended in a road accident. Smith refused, and held on to the machine until his death in 2007. Six years later his son Smith Jr decided the car was being ‘imprisoned’ and offered it for sale, donating the funds to charity. RM Sotheby’s Monterey, 2013.

1967 275 GTB:4 NART Spyder


Ferrari 1956 290MM Spyder

7. 1956 290MM Spyder

Price $28,050,000 (£23.27m)

This was the car that brought world championship glory back to Ferrari. While Maranello had things its own way in the World Sportscar Championship in the early 1950s, Mercedes-Benz’s arrival with the 300SLR changed the game in 1955. Ferrari needed a rethink, and for 1956 the 290MM was its answer. Powered by a new 3.5-litre 60-degree Jano V12 and counting Wolfgang von Trips, Eugenio Castellotti, Phil Hill, Maurice Trintignant and Juan Manuel Fangio on the driving strength Ferrari walked it, comfortably out-scoring Maserati and winning both the Millie Miglia and Swedish Grand Prix. Only four 290MMs were constructed, two from scratch and two converted from 860 Monzas, and this, chassis 0626, was the first. With its astonishing roster of top-line drivers and its careful preservation it represents a significant moment in Maranello history. RM Sotheby’s New York, 2015.

1956 290MM Spyder Fangio


1967 412P Berlinetta 2

6. 1967 412P Berlinetta

Price $30,255,000 (£23.7m)

Only once in a blue moon (or should that be red moon?) does a 412P come up for sale, and this was the first at auction for a quarter of a century. Hardly surprising given that only four were ever made, and only two of them can claim to be ‘true’ originals. Ferrari supplied this model only to its four trusted partner teams for 1967, however two of the chassis began life as the older P3 specification from 1967, so actually only two were built from the ground-up as 412Ps, and this is one. Chassis 0854 was delivered to Maranello Concessionaires and campaigned initially by Richard Attwood and Lucien Bianchi, claiming a podium finish in the 1967 Spa 1000km, despite losing almost a lap with a stall at the start. It appeared at Le Mans too, but retired with an oil pump failure. After stints in the hands of David Piper, Jo Siffert and Piers Courage, it was then damaged by fire in 1969, but was wearing lightweight GRP bodywork at the time. Reunited with its original alloy bodywork across a nine-year restoration in the 2000s, it appeared at high-profile historic events and been showcased at the Pebble Beach Concours d’Elegance in 2019. Bonhams Monterey, 2023.

1967 412P Berlinetta


Ferrari 1957 335 Sport Scaglietti

5. 1957 335 Sport Scaglietti

Year 2002 / Price $35,821,289 (£24.6m))

With a roster of drivers counting von Trips, Hawthorn, Musso, Moss and Gregory, it’s of little wonder why this ultra-rare 335 became the most expensive car to be sold in Europe at the time of its commission to Artcurial Motorcars’ Rétromobile sale back in 2016. One of just four made, chassis 0674 was originally built as a 315S in 1957, with Wolfgang von Trips taking it to second in the Mille Miglia. Converted to 335 Sport it then ran at Le Mans with Mike Hawtorn and Luigi Musso but retired. The car would regardless help Ferrari to the World Sportscar Championship Makes’ title. Bought by Luigi Chinetti and driven to 1958 Cuban GP victory by Stirling Moss and Masten Gregory it eventually made its way into the hands of collector Pierre Bardinon in 1970. After restoration it was prime to fetch a healthy sum. Artcurial Motorcars Paris, 2016.

Ferrari 1957-335-Sport-Scaglietti


1964 250 LM by Scaglietti Price ,344,96

4. 1964 250 LM by Scaglietti

Price $36,344,960 (£26.70m)

For a long time, this stood as one of Ferrari’s most historic, and intriguing, racing cars. Historic why? Because for six decades it held the distinction of being the marque’s final outright Le Mans 24 Hours winner, until Ferrari’s Hypercar breakthrough in 2023. Intriguing, why? That comes down to who did, and didn’t, drive it. Chassis 5893 is the very car that Luigi Chinetti’s NART team raced to victory at Le Mans in 1965, with Masten Gregory and Jochen Rindt. Or so we all thought as controversy arose some years later when reserve driver Ed Hugus claimed he had actually driven a stint during the night to relieve Gregory as Rindt slept. No official recording matches up to Hugus’ claim, revealed in detail by a letter to a fan made public after his death. Regardless, this car was also the only Ferrari of the Enzo era to compete in six different 24-hour races, with three starts at both Le Mans and Daytona. After its final race at Daytona in 1970 the car was donated to the Indianapolis Motor Museum before this sale made it the most expensive Le Mans-winning car ever. RM Sotheby’s Paris, 2025.

1964 250 LM by Scaglietti


1962 250 GTO S1

3. 1962 250 GTO S1

Price $38,115,000 (£31.7m)

One of the most-raced 250 GTOs in existence, and from the private estate of one of the marque’s most prominent collectors. Chassis 3851 was 17th off the production line and was originally ordered by Jo Schlesser. Later sold to Italian racer Paolo Colombo and used to win 12 of the 14 national hillclimb rounds in 1963, and then to Ernesto Prinoth, the car eventually settled into the hands of Fabrizio Violati, the founder of Ferrari Club Italia and owner of one of the world’s greatest private Ferrari collections. Raced regularly by Violati until his death in 2010, the car remained within his estate until this sale. Bonhams Monterey, 2014.

1962 250 GTO S1 2


1962 250 GTO by Scaglietti

2. 1962 250 GTO by Scaglietti

Price $48,405,000 (£37.2m)

The third 250 GTO ever to be built, and a former world record holder. Chassis 3413 set the auction world alight with a then-record breaking sale back in 2018, largely driven by a frenzied bidding war and its near-unrivalled racing provenance. This car was no shrinking violet when it came to competition, taking class wins in the Targa Florio in 1963 and 1964 plus national titles in Italy before becoming a regular attraction in historic racing and concours. This was also the first car fitted with the Series 1 Scaglietti bodywork, featuring sail-panel vents, smaller brake ducts and reworked radiator intake. Ferrari Classiche and independent Ferrari expert Marcel Massini labelled it one of the finest examples in existence. Bidding opened at an eye-watering $35m and a three-way phone bidding war pushed that northwards across just 10 minutes. RM Sotheby’s Monterey, 2018.


1962 Ferrari 330 LM : 250 GTO by Scaglietti

1. 1962 Ferrari 330 LM / 250 GTO by Scaglietti

Price $51,705,000 (£42.1m)

When we talk about unique, the word doesn’t ring much truer than with this particular 250 GTO, a unicorn car in all respects. Chassis 3765LM was the sole ‘factory’ 250 GTO, entered and operated by Scuderia Ferrari during a time when Maranello was quite happy to simply sell cars and let its customers fly the flag. It was the only model to be upgraded to run the 4-litre Colombo V12, dispensing with the car’s regular 3-litre unit. Second overall and a class winner at the 1962 Nürburgring 1000km with Willy Mairesse and Mike Parkes (beaten only by the factory’s Dino 246 SP that day) it was also raced at Le Mans that year by Parkes and Lorenzo Bandini, but retired with radiator trouble after seven hours and still wears its number 7 badging proudly. Having benefitted from a full restoration by Shelton Ferrari in Fort Lauderdale, Florida, the car became a concours star, winning best of show at the 2011 Amelia Island Concours d’Elegance. Sotheby’s New York, 2023.

1962 Ferrari 330 LM : 250 GTO by Scaglietti on track

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

duff_gord

It’s safe to that 2025 has been a truly great year for RM Sotheby’s, with several world-record results achieved over the past 12 months. We kicked off the year by launching the collection of the Indianapolis Motor Speedway Museum, which saw the 1954 Mercedes-Benz W196 R Stromlinienwagen sell at the Mercedes-Benz museum for a staggering €51,155,000, making it the second most valuable collector car ever sold at auction.

Stunning Mercedes-Benz W196 R

Stunning Mercedes-Benz W196 R

Also from the collection was the 1965 24 Hours of Le Mans-winning Ferrari 250 LM, which headlined our Paris auction just a few days after the sale of the streamliner. A two-day event for the first time ever and featuring a fantastic collection of Porsches on day one, the 1964 Ferrari 250 LM sold on day two for €34,880,000, making that car the sixth most valuable ever sold at auction, and the fourth most valuable Ferrari ever.

RM Sotheby’s Paris auction achieved a total of €69 million, reinforcing its status as our flagship European sale. The second ModaMiami auction we’ve conducted saw the rest of that collection sell for a total of $34.4 million, with highlights including the Holman-Moody 1966 Ford GT40 MkII hammering for a world record (for a GT40) $13,205,000.

“Monterey is the annual moment at which the strength of the market truly reveals itself”

Monterey is always the annual moment at which the strength of market truly reveals itself. This year’s results proved to be strong, with a huge swing towards modern supercars and countless records broken. We sold the most expensive new car ever, bringing $26 million for a 2025 Ferrari SP3 Daytona ‘Tailor Made’, but other highlights included the Ferrari F40 LM, which fetched just over $11 million, and the ex-Ralph Lauren Ferrari F50, which demolished the previous record for an F50 set in Miami by selling for $9,425,000.

1966 Holman-Moody Ford GT40

1966 Holman-Moody Ford GT40

Part of the big news in 2025 has been our continued expansion into the Middle Eastern market. This year sees the addition of Abu Dhabi Collectors’ Week in December, a joint initiative between RM Sotheby’s, Sotheby’s, and the Abu Dhabi Investment Office that will bring an unprecedented programme of luxury events to the Emirates. We have more than $50 million in early consignments committed to our Abu Dhabi auction, so it is clear this is a region with vast potential.

Broadly, the market continues to surprise. Clearly, the past few years haven’t been as bullish as they were a decade ago, but the market continues to evolve hand-in-hand with the buying demographic, and the continued growing strength of the post-1990 supercar and hypercar market is a signal as to the market’s current direction of travel. The Tailored for Speed Collection that is to be offered in Zurich in October 2025 presents the pinnacle of today’s market. It is an immaculately curated selection of the rarest and most sought-after modern collector cars that features models such as the Ferrari LaFerrari Aperta, Pagani Huayra Roadster, Ferrari FXX-K Evo and the Ferrari 333 SP sports-racer. For RM Sotheby’s it is the most significant single-owner collection of such cars to ever be offered in Europe.

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

Taken from Motor Sport, November 2002

Even if he’d never designed anything else in his career, this car would mark out Mauro Forghieri as one of the all-time greats. Not only was the 312T beautiful and stunningly effective, but he did it all himself! Engine, gearbox, chassis — all were the work of this Latin genius. It was a feat common enough in the technologically simpler times of the 1920s, but unique by the 1970s.

That said, it was the culmination of a development line initiated in 1970, when his flat-12 engine made its first appearance. Lowering the CoG had been the core aim of its layout, though this hadn’t translated into a competitive edge often enough to prevent Mauro being banished to special projects for ’73, along with his centred-mass 312B3. An awful year without him persuaded Ferrari to recall him in ’74.

Good idea. His exhumed centred-mass concept worked brilliantly in conjunction with the low CoG of the flat-12 to make a car (confusingly still called 312B3) that sat on pole 10 times in 1974 thanks to Niki Lauda (nine) and Clay Regazzoni.

For ’75, Forghieri would centre the masses still further, pushing for a yet lower polar moment of inertia by devising a transverse gearbox. Hence the ‘T’ of 312T.

“It was a fantastic car,” affirms Lauda. “The ’74 car had given us a strong base, but this one had a better balance. It understeered less, and though it was more twitchy, I soon adjusted my driving style and had the feeling it would do exactly what I wanted it to. It was just better than everybody else’s car: better engine, chassis and gearbox.

“The engine was more powerful but heavier and used more fuel than a Cosworth, so you sometimes had to look after the tyres in the early laps.

“Forghieri was a genius but you needed to control him”

“Forghieri was a genius but you needed to control him,” Lauda adds. “I remember at Barcelona in practice, I told him I had understeer. He said, ‘You’re taking the wrong lines’. I asked where, and he said, ‘Round the back of the circuit’. ‘How do you know?’ ‘Because I have a friend there who tells me.’ ‘Who’s your friend?’ ‘Ah, it’s the lady friend of my doctor…’ I said, ‘Fix my f***ing understeer!’ He did and I put it on pole.”

The evolution, T2, was the same car re-engineered for the dimension regs that outlawed tall airboxes.

“It was an improvement again,” states Lauda. “It was more precise, had a better engine and better brakes. I think I was more dominant in the first part of 1976 than I had been even in ’75. For 1977, though, the car lost its speed because of how Enzo changed our test programme over the winter.

Ferrari 312T 1975, with Lauda

The Ferrari 312T proved dominant in 1975, with Lauda scoring nine of the 14 pole positions over the season

“Basically, he put [new team-mate] Carlos Reutemann in charge of development and had me bedding-in brake pads at Fiorano. Eventually I get pissed off and I’m allowed to go to the last day of a four-day test at Ricard. I have some time on the last day with the tired engine and tired gearbox. Anyway, I go out, the car is understeering, I bring it in and ask for some changes, and straight away I’m 0.5sec quicker than Reutemann’s best. I told the Old Man, ‘If you keep Reutemann in charge of testing you’ll be in a mess.’ He agreed and everything went back to normal.

“I think in early 1976 we enjoyed a similar situation to what they have now. Maybe we weren’t so much quicker than the opposition as the F2002 has been this year, but you only need to be quicker.”

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

Ten years. That’s how long Tom Hartley Jnr tracked Ferrari 312T no023, featured here, before he finally landed one of the most prestigious deals of his career. Best known for buying and selling supercars and classics, Hartley Jnr is also a serial dealer in Formula 1 grand prix cars, but he’s choosy. “Unless it is very special in a different way, the cars I look to buy are those that won a grand prix,” he states. “For me, history is all about a car that won, and which races it won. As long as it won a grand prix, then I’m interested.”

As he admits, that narrows the market. Consider the afterlife of hard-working F1 cars, and it soon becomes clear how few there are in existence with certified winning provenance. After a season’s racing, some became B-spec iterations for the next year; some – and this specifically and most infamously counts for Ferrari – were broken up without a thought of their future; and when it comes to the grand prix cars that really count, those that won the most races and perhaps a championship in the hands of one of the greats, if they survived, are usually impossible to prise out of the hands of the owner. That’s why Hartley Jnr coveted no023.

Hartley Jnr

Hartley Jnr

“What makes no023 special is it didn’t just win multiple races, it won six over two seasons – and a world title [in 1975],” he says. “It was only ever driven by one driver too, and that was Niki Lauda. Perhaps there’s a Michael Schumacher-era Ferrari that can match such an illustrious history, but that car is of a different era; the two can’t be compared”.

So how on earth did he buy it? “I’d been offered the car several times in the past by brokers,” says Hartley Jnr. “We all knew its whereabouts and who owned it. Enzo Ferrari sold it to his friend Pierre Bardinon, who had the finest Ferrari collection in the world. Then Jacques Setton, another coveted French Ferrari collector and a guy who was friendly with Bardinon, asked Enzo which was his most successful grand prix car. He was told this one and where it was. He went to buy it from Bardinon, who told him he would only sell it if it was part of a package deal. So, he bought four or five cars from Pierre in order to get this car. Over the years, Jacques has dwindled his collection, and the only car he kept was this 312T. I’d made some strong offers, but I don’t think they were ever getting passed on to Jacques.

“Then a few months ago, I decided one Saturday morning to call him up direct. I did so, and 30 minutes later I bought it. The car had been kept in the same spot in a bonded warehouse in Switzerland for 30 years. He’d owned it for around 37.” Why sell now? “If you don’t sell it when you are his age, when do you sell it?” says the dealer. “He’s got a fantastic return when you think about what he paid, and how much I paid. We would all say yes…”

The moment Hartley Jnr first clapped eyes on his purchase comes almost straight from an Indiana Jones movie. “I flew out to inspect the car and took Rob Hall with me, a good friend who prepares and maintains my grand prix cars. It was mind-blowing. It had an inch thick of dust on it, but it was all there. There was clear evidence of its last outing, a general patination all around the car. When Ferrari sold it to Bardinon, it was ‘as is’ state and that’s how it was sold to Setton.”

023 as it was found by Hartley Jnr (above, right)

023 as it was found by Hartley Jnr

What next for 312T no023? Hartley Jnr bought its sister no022 at Gooding & Co’s Pebble Beach auction last year, then sold it on. All he’ll say is: “We have agreed to sell the car, and it is going to a very special Ferrari home.” But right now, he says it is downstairs in his bar, next to Hunt’s 1976 title-winning McLaren M23… Numbers? Don’t ask. But Hartley Jnr bought no022 at the Gooding auction for a reported $6m – and that chassis ‘only’ won the 1975 International Trophy and French GP. “This car [no023] should not be restored, it’s about preservation,” he says. “It would be sacrilege to restore it. We will send it to Ferrari to be recommissioned. Ferrari is the best in this era of their GP cars. They have the personnel, knowledge and all the drawings. It was due to go, but it’s delayed because of Covid. They will probably open the engineup , change the ancillary items and rebuild it so it can be started and driven. It’s probably never going to be raced.”

The Ferrari 312T bestrode F1 in the heart of a golden era. Quite simply, it is one of the great grand prix cars. This particular chassis, with its direct relevance to Lauda, is a treasure that deserves better than gathering dust in a warehouse. Let’s hope the new owner brings it out to show it off to an appreciative world.

Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

Taken from Motor Sport, August 2020

To Mr Ferrari, the only Formula 1 car that mattered was his current one; retired grand prix cars were redundant. But that’s not how many of us may see it. Old F1 cars, whether they carried great drivers to famous wins or became over-optimistic duds, represent more than simply money. They represent our memories, their provenance connecting us to our past, or even to years and decades before our own lives, to times that exist only in old photos, films, books and magazines. Old F1 cars matter. And the one you see here, pictured in the flesh for the first time in 30-years, matters more than most – perhaps most of all.

Ferrari 312T chassis ‘023’ carried Niki Lauda to four of his five grand prix victories in a dominant 1975 campaign in which he took the first of his three World Championship titles, ahead of two more race wins early in 1976. In many ways this is the car upon which Niki Lauda’s legend was built. The story of how this car re-emerged, almost exactly as Lauda left it, right down to the scuffed seat and worn steering wheel, is told on page 67. Suffice to say this car is arguably the perfect example of an ‘old F1 car’.

Overhead view of the cockpit and seat of the Niki LAuda 1975 Ferrari 312T

Chassis no023 was only ever driven by Lauda and remains in exactly the state the Austrian left it

The Ferrari 312T also represents the best of the 1970s, a decade that grows ever more radiant the further we travel from it. To many who lived through them, those years were a bleak hangover to the golden optimism of the ’60s – but in F1 terms, they were wonderfully garish, loud and brash to match the clothes, music and wallpapers of the time. To Ferrari and its 70-year unbroken F1 history, the decade represents a glorious reawakening. Mauro Forghieri created a car in which the blunt- speaking, buck-toothed Austrian – initially considered by many to be little more than just another upstart pay-driver – snatched Jackie Stewart’s unclaimed crown as the benchmark racing driver of a new generation.

“Once thought a pay-driver, Lauda snatched Stewart’s benchmark”

From 20 available world drivers’ and constructors’ titles, Ferrari claimed seven in the 1970s, a tally matched only by Lotus. Tyrrell and McLaren shared the rest, three apiece. More than mere statistics, more than the unprecedented constructors’ title hat-trick between 1975-77, the 312T represents the spirit of a blazing age in which Ferrari finally unlocked all its pent-up potential that went largely untapped since the 1950s.

But where did the root of that Ferrari and Forghieri dominance come from? The answer begins in 1974 and the decision by Maranello to end its time and money consuming sports car programme to focus entirely on returning to the fore in F1, beginning with the curiously angular 312B3 flat-12.

Niki Lauda Helmet

The design was developed into a successful machine, but failed to bring Ferrari its first constructors’ title in over 10 years, partly due to the relative inexperience of its lead driver.

Of course, the driver was Lauda, and he was paired with the hugely experienced and capable Clay Regazzoni. Ferrari’s F1 focus, and the completion of its private Fiorano test track, just across from the main Formigine Road factory, enabled it to test constantly, and Lauda was always available. He realised his future, and the team’s, depended upon exploiting all advantages. After creating a new F1 car, Ferrari could run extensive tyre testing for Goodyear.

If five differing wing sets were available, then Ferrari would test each pair individually, studied and extended to its potential in great detail. Every minor alteration and change would simply be tested fit to bust until the sun went down and the brief Emilian dusk settled over Fiorano. Since it had this luxury of its private test track, there was never a problem with booking public circuits, while transporting the cars from the factory to test venue meant wheeling them out of the shop door.

Once Ferrari had all these assets in place, it was able to tackle F1 more seriously than any rival. In this way, it could compensate for some distinct shortcomings, particularly in chassis engineering, which would occasionally leap out of the bushes and beset them in coming years, notably once aerodynamics became increasingly sophisticated.

Side view of the Ferrari 312T in which Niki Lauda won five grands prix

Sleek 312T went against the grain with not only its gearbox, but in suspension and aero design too

But for three halcyon years, 1975-77, Ferrari was on top of its game. It became the first F1 team in history to put together a hat- trick of three consecutive constructors’ titles – a remarkable feat at the time.

When its 1974 campaign ended in the United States Grand Prix at Watkins Glen – where the drivers’ title was decided between Regazzoni’s Ferrari 312B3-74, Jody Scheckter’s Tyrrell and eventual winner Emerson Fittipaldi’s McLaren M23 – Ferrari took stock.

Its direttore tecnico Mauro Forghieri could reflect upon a year of adequate flat-12 engine reliability, though failures at the Österreichring and Monza proved costly. The 312B3-74 chassis survived without major changes, other than detailed aerodynamic tweaks, but Forghieri felt the basic concept offered more potential.

Lauda at Monza 1975

Lauda at Monza ’75, where he sealed his first title

It was actually on September 27, 1974, before Ferrari set off for that US GP, that the new year’s prototype 312T model was unveiled to the press at Fiorano. Forghieri in effect was following Derek Gardner of Tyrrell and Robin Herd of March’s path in ’72, seeking further concentration of mass within the wheelbase to produce a highly nimble car, which might seem too nervous to the average F1 driver but which the likes of Ronnie Peterson or Niki Lauda could turn into a formidable weapon.

Where the 1974 car’s suspension coil- spring/damper units had been mounted on each side of the chassis footbox, with a spidery forward tube subframe picking up the leading elements of the lower wishbones, the redesigned 312T tub carried all its major front suspension components on the forward face of its monocoque’s front bulkhead.

Long fabricated top rocker aims actuated steeply inclined Koni dampers, with co-axial tapered wire rising-rate coil springs, whose feet were anchored in a cast magnesium tray, fitted to the bulkhead. The monocoque’s front end was considerably narrower than its predecessor, and the tub used Ferrari’s familiar hybrid construction technique in which the stressed-skin structure was reinforced internally with steel strip and angle framing.

312T ‘023’ is as it was when it raced.

Disc brakes were mounted outboard at the front, inboard at the rear. Up front, a system of links and levers actuated an exquisite little anti-roll bar, which was bracketed to the centre of that assembly, and a trailing top link from the upper arm fed back into the tub, passing through an air duct section designed to feed water radiators slung either side, just behind the front wheels. Long side ducts fed air through oil coolers each side ahead of the rear wheels, while beautifully moulded GRP body sections included a sharp-pointed shovel nose, with a full-width airfoil wing. Sidepods served the regulation deformable structures, which overlapped the monocoque sides. The cockpit surround and engine cover-cum-tall airbox were formed in one moulding, smoothing airflow onto the centre-strutted rear wing while curled flip-ups moulded ahead of the rear wheels faired airflow around the broad Goodyear tyres.

Rear suspension was by reversed lower wishbones, replacing the original toe-steer restricting parallel-link system in an apparently retrograde move, although it saved weight. Like McLaren, Ferrari felt it could control toe- steer with careful set-up tweaks in assembly.

“In testing at Fiorano, Lauda found the new car far more demanding”

Compared to the 1974 312B3 model, the wheelbase of this new Ferrari 312T was increased nominally to 99.1in, while front track was 59.4in and rear track 60.2in.

The most significant technical innovation was the new transverse gearbox, which mated conventionally to the rear of the flat-12 engine, but with most of its mass concentrated ahead of the axle line, within the wheelbase, thanks to its gearwheel shafts being aligned laterally instead of longitudinally, as was the norm. Gearbox input turned through 90-degrees by bevel gears to enable the gearbox shafts to be arranged laterally, final-drive then being via spur gears. Ingegner Franco Rocchi’s hugely experienced engine team had worked hard on the flat-12 engine, and in its latest form, 500bhp at 12,200rpm was being claimed.

Ferrari-312T-045

Dials could show over 1200rpm and would read Niki’s oil pressure loss in Monaco ’75

In testing at Fiorano, Lauda found the new car far more demanding to drive than the B3-74, as predicted, but equally, its ultimate limits seemed much higher, and with practice, he was able to drive closer to those higher limits for longer. The maturing driver was soon lapping Fiorano at 1min 13sec, compared to Art Merzario’s best of 1min 14.2sec set in the original Forghieri B3 car 15 months before.

At Vallelunga, further testing meant Lauda lapped in 1min 7.5sec, a second inside the best B3-74 testing time of 1974. Back-to-back testing between the B3-74 and the new 312T at Ricard- Castellet proved the new model’s superiority. When the team returned from racing the old B3-74s in South America at the start of 1975, Lauda got down to 1min 11.9sec at Fiorano, and two brand-new 312Ts were readied for the trip to Kyalami for March’s South African GP.

Niki Lauda leads the 1975 Monaco gp

Niki drove the prototype car chassis ‘018’ while ‘021’ was for Regazzoni. The intervening two chassis numbers ‘019’ and ‘020’ were, according to Ferrari, allocated to the last two B3 models. Neither of these raced; ‘019’ was heavily damaged in a testing accident and subsequently broken up, while ‘020’ went into storage for potential future display duties before sale to a private collector.

Chassis ‘018’ remains isolated as the 312T prototype, and ‘021’ began the transverse- gearbox flat-12 series, which would encompass the future types ’T2 to ’T5 and included 26 further Ferrari chassis built during 1975-80.

Niki Lauda pulls out of the pits in his Ferrari 312T at the 1975 Austrian Grand Prix

Lauda was sixth in Austria ’75

Blick/RDB/ullstein bild via Getty Images

Lauda won the minor non-championship Silverstone International Trophy race in the new 312T’s second outing. He then added victories at Monaco, Zolder, Anderstorp, Ricard-Castellet and Watkins Glen, while team- mate Regazzoni won the minor ‘Swiss GP’ at Dijon. Such success brought Ferrari its first constructors’ title since 1964 and Lauda his first drivers’ title. Ferrari made 30 starts that season, including the initial B3 outings in South America and South Africa – where Regazzoni raced one of the older cars – and it achieved eight victories from 24 finishes. Ferrari added one second, four thirds, two fourths, three fifths, two sixths, a seventh, eighth and ninth, as well as a lowly 13th.

Lauda and Regazzoni amassed nine pole positions and six fastest laps during that memorable Ferrari season. They proved that the combination of their skills and the latest Ferrari’s power, reliability, and now handling, was by far the fastest in F1.

Lauda only failed to finish once – the Spanish GP at Barcelona, in which he and his team-mate collided on the opening lap. Ferrari’s first transversale F1 season was the more competitive 1970s equivalent of Mercedes-Benz domination in the ’50s.

Ferrari Engine

The flat-12 struggled in wet race after taking pole

This was despite the new car’s debut at Kyalami in which Lauda crashed ‘021’ during practice when he slithered off on another car’s spilt oil. His engine lacked power during the race, and it was later found that its fuel metering unit drive belt had stripped some teeth and slipped, restricting output to some 440bhp, less than the rival Cosworth DFV.

Lauda’s Silverstone victory marked the debut of the third 312T to be built, chassis ‘022’. Another new chassis, ‘023’, was then made ready for Niki’s use at Monaco and he won, despite falling oil pressure towards the finish caused by leakage through a defective pump seal. The engine was dangerously close to seizure in the final laps, with Lauda sensibly declutching and coasting through the corners, while Fittipaldi’s McLaren closed rapidly just before the finish to no avail. Regazzoni crashed ‘018’ heavily at the chicane.

Niki Lauda leading the 1975 Monaco Grand Prix in his Ferrari 312T

Lauda cleverly managed an ailing 312T to hold off Fittipaldi and claim the Monaco ’75 win, Ferrari’s first victory there in 20 years

Klemantaski Collection/Getty Images

For the Belgian GP, new exhaust systems were fitted to improve low-speed pick-up. Normally the three front and three rear cylinders on each bank fed individual tailpipes. Now a balance pipe linked the front and rear set of manifolds each side before they merged into a titanium twin exhaust. One of the pipes split in practice, so the older system was refitted. Lauda had another manifold split, and he lost 300rpm on the straights for the last dozen laps but won by 19 seconds.

Anderstorp’s Swedish GP was a lucky Ferrari win. Lauda took second when one Brabham faltered, and he took the lead in the last 10 laps when the other slowed due to increasing track debris on its rear tyres, while Ferrari’s harder rear tyres were unaffected.


Digital extra

The fifth 312T, ‘024’, made its debut at Ricard-Castellet for the French GP but its engine failed early on, sidelining Regazzoni. Lauda drove ‘022’ away into the Mediterranean heat haze. Despite late understeer due to tyre wear, he was uncatchable.

The rain-swept British GP at Silverstone became a lottery, but Ferrari was never in contention once Regazzoni spun from the lead and Lauda had a bungled stop for rain tyres.

While Lauda had luckily won in Sweden at Brabham driver Reutemann’s expense, Reutemann won at the Nürburgring at Lauda’s expense, Niki leading handsomely until a tyre puncture. The Austrian GP was another rain- stopped farce, then for the major Italian GP at Monza, Ferrari introduced new cylinder heads to improve mid-range torque for the slow-speed chicanes. Yet one of the new engines had failed in pre-race testing on Regazzoni’s ‘024’, so Lauda’s ‘023’ used a standard unit. Regazzoni – the Italian- speaking driver – was given the ‘high-torque’ race engine. They started 1-2 and finished 1-3,

“A combination of driver skill and the car’s power made it the fastest team in F1”

Regazzoni victorious in front of a delirious tifosi while Lauda, handicapped by a minor damper problem, fell behind Fittipaldi’s McLaren after holding the lead for 45 of 52 laps. Ferrari’s finishes and Niki’s points haul sealed the titles for Ferrari and Lauda. Monza-headed engines were then used at the Watkins Glen finale.

Eleven days later, on October 26, 1975, Ferrari’s ’76 car, the 312T2, was unveiled at Fiorano. Its development was similar to the 312T, but the previous year’s cars would run into the first races of the new season. For the 312Ts, this meant the 1976 Brazilian and South African GPs, as well as the US GP West at Long Beach, plus two non-championship British F1 races. The T2’s actual debut came at Brands in the Race of Champions in March.

Rear view of the 1975 Niki Lauda Ferrari 312T

Chassis 023’s last race was the US GP West at Long Beach, before a short spell as a spare car

The Brazilian GP opened the new season, with Ferrari fielding 312Ts ‘023’ for World Champion Lauda and ‘024’ for Regazzoni, the Austrian winning from pole while Regazzoni led before a stop to change a damaged tyre. At Kyalami, Regazzoni’s ‘022’ broke its engine, while Lauda’s ‘023’ was hampered in qualifying by an oversized tyre, leaving McLaren to steal pole. Lauda led the race, but from lap 20, his car’s left-rear tyre began to deflate. His brake balance reversed during the race yet, by clever use of lapping backmarkers, he managed to hold off Hunt’s McLaren long enough to win by 1.3sec. He also set the fastest lap, but it was now evident that Ferrari’s 1976 advantage over the opposition was nowhere near as marked as it was in ’75. A new T2 made its debut at Brands Hatch while old ‘021’ appeared on loan to Scuderia Everest for Giancarlo Martini, as part of a new Fiat/Ferrari effort to bring on young Italian drivers. Martini qualified second slowest and then crashed on the warm-up lap when a brake snatched.

“Lauda beat Hunt, but Ferrari’s lead over its rivals had reduced”

The proven 312Ts ‘023’ and ‘024’ were driven by Lauda and Regazzoni at Long Beach. Regazzoni dominated as he took pole, led all the way and won, while Lauda took second after flat-spotting a tyre and gear selection woe.

This was the final appearance of the factory Ferrari 312Ts as the next race was the Spanish GP in which it introduced the new ‘low-airbox’ regulations to which the replacement 312T2 had been tailored. Before that race, the Scuderia Everest 312T ‘021’ again emerged with Martini, at Silverstone. He qualified and finished 10th, marking the ignominious end to Ferrari’s original trasversale series.

Niki Lauda bounces over the Long Beach track at the F1 Grand Prix in 1976

Into the unknown: Niki Lauda hits the streets of 1976’s new F1 grand prix at Long Beach. Lauda finished second to Ferrari team-mate Clay Regazzoni

RMA/Bob Harmeyer


Ferrari 312T

Chassis #023 F1 grand prix race history

Date Race Driver Result
11.05.1975 Monaco Grand Prix Niki Lauda 1st
25.05.1975 Belgian Grand Prix Niki Lauda 1st
08.06.1975 Swedish Grand Prix Niki Lauda 1st
19.06.1975 British Grand Prix Niki Lauda 8th
07.09.1975 Italian Grand Prix Niki Lauda 3rd
05.10.1975 US Grand Prix Niki Lauda 1st
25.01.1976 Brazilian Grand Prix Niki Lauda 1st
06.03.1976 South African Grand Prix Niki Lauda 1st
28.03.1976 US Grand Prix West Niki Lauda 2nd
Chassis no023 was also the T-car at the 1975 Austrian GP, plus the Spanish and Belgian GPs in ’76. It had a 100 per cent race finishing record, and won a total of six grands prix, twice the number of any other T-series chassis built between 1975-80.
Special Issue Contents Archive - Motor Sport Magazine

Top 10 most expensive cars ever sold at auction

Classic Ferrari grand prix cars are rare at public sale. Mostly because Enzo had a penchant for breaking them up and burying them; partly as he had little interest in their ageing technology as times changed rapidly, but mostly as he was paranoid about anybody else buying them and copying them.

So, while the vast majority of pre-1970s Ferrari grand prix cars prep up the foundations of Maranello, Gooding & Co enjoyed a statement sale at Pebble Beach in 2019 by being the very first to offer a 1975 Ferrari 312T.

Chassis 022 was used by both Niki Lauda and team-mate Clay Regazzoni and played both a big part in helping Lauda to his breakthrough world title, and also getting Ferrari back on course after a series of wayward seasons. Having failed to lift a world title for a decade (Josh Surtees was Ferrari’s last world-beater, in 1964), Lauda and Mauro Forghieri combined to great effect with the 312T, which featured innovative ‘transversale’ gearbox mounting ahead of the rear axle rather than behind it for improved weight distribution and handling.

Niki lauda sunglasses

Lauda piloted the flat-12-powered beauty for five races, qualifying on pole for all of them and taking victory in the French GP, second in the Dutch and third in the German. Regazzoni also drove it for a handful of grands prix early in 1976.

One of just five chassis built, and one of just two Lauda actually drove in anger, this is one of the few historic grand prix cars Ferrari actually kept, along with the sister chassis 023 (more on that later…). Originally it was sold to a UK collector, and then changed hands in France and Holland before being bought by an American owner. The car was fully restored and made public appearances at Amelia Island in 2015 and finished third in the 2017 Pebble Beach Concours d’Elegance. Its eventual sale price of $6m, to a certain Tom Hartley Jr (also more on him later…), actually came at the lower end of its estimate.