Ferrari 275 GTB/4 S NART Spider Sells for $27.5 Million at Auction

A 1967 FerrariFerrariItaly, 1947 > present233 models
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275 GTB/4 S NART SpiderFerrari 275 GTS/4 Spider ...Italy, 1967 > 1967 sold for $27.5 million at RM Auctions Monterey sale during the Pebble Beach Concours d'Elegance. It is the highest priced car sale ever in the United States and the second highest amount that a car sold for at auction after the Juan Fangio's W196Mercedes-Benz W196 Motort...Germany, 1954 > 195515 photos
sold for $29.6 million earlier this year. The sale beat RM's own sales estimate of $14,000,000 - $17,000,000.

The NART cars are considered the pinnacle of 60s Ferraris and just 10 275 GTB/4 S NART Spiders were made. NART stands for North American Racing Team, and the cars were meant as a model that someone could buy, drive on the street and go racing. American Ferrari importer Luigi Chinetti created the cars to satisfy buyers who wanted a convertible version of the 275 GTB/4Ferrari 275 GTB4Italy, 1966 > 196720 photos
.

The cars used a 3,286cc, 300hp V12 with dual overhead camshafts and a five-speed manual transmission. They had dual wishbone suspensions in the front and rear with four-wheel disc brakes. The chassis was a tubular steel frame.

The NART team included American drivers like Masten Gregory and Phil Hill. Other 275 GTB/4 S NART Spider owners included Steve McQueen. Another car took second in class in the 1968 12 Hours of Sebring and was repainted later that year to be driven by Faye Dunaway in the film The Thomas Crown Affair.

The example that sold in Monterey had a single owner its entire life and was picked up new at the Ferrari factory before living the rest of its life in North Carolina.