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Classic Cars

Ferrari 340/375 MM Le Mans Racer Sells for $12.8 Million

The car was raced by three sports car world champions

 
 
Slideshow
The car was built to race at Le Mans in 1953

A 1953 FerrariFerrariFerrariItaly, 1947 > present233 models
5146 photos
37 videos
340/375 MM Berlinetta375 MM Pininfarina BerlinettaFerrari 375 MM Pininfarin...Italy, 1953 > 19535 photos
with a body by PininfarinaPininfarinaPininfarinaItaly, 1930 > present17 models
109 photos
1 video
sold for €9,856,000 ($12.75 million) at auction in Switzerland. It was the most expensive car that RM Auctions sold during the event.

It is one of two cars of its type that were built on Ferrari 340340 MMFerrari 340 MMItaly, 1953 > 19532 versions
1 photo
chassis to 375375 MMFerrari 375 MMItaly, 1953 > 19533 versions
32 photos
specifications, which gave the cars a shorter wheelbase and a 4.1-liter V12. The car raced in the 1953 24 Hours of Le Mans at the hands of Mike Hawthorne and Nino Farina, but was disqualified on lap 12. After Le Mans, Ferrari rebuilt the engine to 4.5-liters of displacement with 340hp. After a DNF at the 24 Hours of Spa, the car was sold to a privateer driver and changed hands many times in the ensuing decades.

It won Best in Class at the 1976 Pebble Beach Concours d’Elegance.

Recently, the car was restored to its body as it raced in 1953.

It is the only known Ferrari raced by three World Sports Car Champions during its competitive career - Alberto Ascari, Dr. Nino Farina, and Mike Hawthorn.

Despite the car's significant provenance, it is not even the most expensive Ferrari auction ever. Last June, a green 1962 Ferrari 250 GTO250 GTOFerrari 250 GTOItaly, 1962 > 19646 photos
sold for $35 million, the highest price every paid for a car. It was ordered by Sterling Moss but never driven by him. That car was raced at Le Mans in 1962 but did not finish.

Mercedes-Benz 300 SLR Roadster

The world's most valuable car. Driven by Stirling Moss, it won the mythical Mille Miglia in 1955 and Moss is quoted as calling it the "greatest sportscar ever built". It has never been sold and remains property of Daimler AG. Hence, its value can only be estimated, but one can expect it to beat all records, once auctioned-off.

Mercedes-Benz 300 SLR Uhlenhaut Coupé

Yet unsold and to the present day in the hands of Mercedes-Benz, the Uhlenhaut Coupé's value is a matter of speculation. For sure that it would be out of this world. Unreachable, from Mercedes glorious era in motorsports, some experts hint at a possible auction value rounding $50 Million.

Ferrari 250 GTO

There's a new auction champion regarding selling price. In the 2014 edition of the Monterey Car Week a Ferrari 250 GTO was sold at the Bonhams Auction by the record amount of 38.115.000 dollars. With this sale the 250 GTO directly becomes one of the most valuable cars in the world

Rolls-Royce 40/50 Silver Ghost

The 40/50 hp with chassis number 60551 was nicknamed "Silver Ghost" a name that would later identify the entire model. Famed for its reliability it made the name for Rolls-Royce. This specific car was first insured for the sum of  $35,000,000 in 2005 and recently for $57,000,000, a sales price is unknown.

Bugatti Type 57SC Atlantic

In 2010, this car received a bid in California for approximately $40 million and became the most expensive car ever sold in an auction. The extremely rare car is admired for its beauty, another of its kind is owned by designer Ralph Lauren.

Mercedes-Benz W196 Motortyp 196

Driven in 1954 and 1955 by Juan Manuel Fangio and Stirling Moss, this car won 9 out of 12 races and claimed both championships under driver Fangio. In 2013 the 1954 W196R was sold for 29 million dollars making it the highest ever paid for a racecar and the highest ever paid for a Mercedes-Benz.

Ferrari 250 Testa Rossa

In 2011 the 250 Testa Rossa set another record for Ferrari, selling for an unbelievable $16,390,000 at an auction in Italy.  

Bugatti Type 41 Royale

The Bugatti Royale is one of the most desired models in the world because of its uniqueness and design. One of its versions, the Kellner Coupe was sold for an estimated $15.7 million in 1990. It has since rarely been seen.

Ferrari 375 MM Pininfarina Berlinetta

A 1953 Ferrari 340/375 MM Berlinetta with a body by Pininfarina sold for $12.75 million at auction in Switzerland in 2013.  It is the only known Ferrari raced by three World Sports Car Champions during its competitive career - Alberto Ascari, Dr. Nino Farina, and Mike Hawthorn.

Auto-Union Type D

The D Type is reknown for its advanced technology, ahead of its time and in many ways similar to todays modern racing cars. One of five remaining Auto Union D-Types was put to auction in 2007, its value estimated at more than $12 million, but no buyer was found.

Ford GT

This 1968 Ford GT/Mirage sold for $11 million at RM's Monterey auction on August 18, 2012. It was the most an American car has ever sold for at auction. This GT40 was part of the first three cars to be painted with the blue and orange Gulf livery. It started as a Mirage, which was a company built more aerodynamic bodies for GT40s and were among the first to use carbon fiber. It was also the camera car for the film Le Mans. 

Ferrari 250 GT SWB California Spider

In 2008 this car earned a record auction bid of $10,894,900. British radio moderator Chris Evans bought the car and it subsequently appeared in an episode of Top Gear driven by James May.

Duesenberg J

Auctioned by Gooding & Company in 2011 at Pebble Beach, this car obtained a bid of $10.3 million and is not only the most expensive Duesenberg sold at an auction but also the most valuable American car in the world.

  • Mercedes-Benz 300 SLR Roadster
  • Mercedes-Benz 300 SLR Uhlenhaut Coupé
  • Ferrari 250 GTO
  • Rolls-Royce 40/50 Silver Ghost
  • Bugatti Type 57SC Atlantic
  • Mercedes-Benz W196 Motortyp 196
  • Ferrari 250 Testa Rossa
  • Bugatti Type 41 Royale
  • Ferrari 375 MM Pininfarina Berlinetta
  • Auto-Union Type D
  • Ford GT
  • Ferrari 250 GT SWB California Spider
  • Duesenberg J

Encyclopedia
FerrariFerrari
375 MM375 MM
375 MM Pininfarina Berlinetta375 MM Pininfarina Berlinetta
Engine
V 12 (60º vee)
Displacement
276 cu in
Top Speed
180 mph
Transmission
4, Manual
Maximum power
340 hp @ 7000 rpm
Type
Fixed-head coupé
Fuel
Petrol
Fuel consumption (combined)
--
price
--
annual ownership cost
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