My Car Quest

May 23, 2019

Records Are Meant To Be Broken, Right?

by Mike –

I think when all the money is counted there are a few records that will have been broken at the Monterey auctions this past week.

Ford GT40

This special GT40 sold for $11,000,000 (including the buyers premium) at RM Auctions in Monterey – a record for an American car.

We were walking through the hotel lobby when this GT40 was being assembled.

Ford GT40 Being Assembled

Ford GT40 Being Assembled

RM says:

• Debut win at Spa 1967 with Jacky Ickx and Dr. Dick Thompson
• Extraordinary racing history; ex-David Hobbs, Brian Redman, Mike Hailwood, and Paul Hawkins
• The first win for the famed Gulf/Wyer Partnership
• Only Gulf team car to win both as a Mirage (’67 Spa) and a GT40 (’68 Monza)
• First of three lightweight production GT40s; one of two surviving
• Early use of carbon fiber-reinforced bodywork
• Famous Gulf camera car used in the epic Steve McQueen film, Le Mans
• Distinguished provenance, including Sir Anthony Bamford, Harley Cluxton, and others
• Complete with original 1967 Mirage bodywork
• Countless books, models, awards, and event participations

See more pictures in the slide show below.

1960 Ferrari 250 GT LWB California Spider Competizione

This Ferrari sold at Gooding in Pebble Beach for $11,275,000 – a new record for this model.

I just happened to be at the auction of this Ferrari and was able to take some photos.

Ferrari 250 GT California Spider

1960 Ferrari 250 GT California Spider

Gooding says:

One of Only Nine Alloy-Bodied LWB California Spiders
Delivered New with Competition Specifications, Disc Brakes and Covered Headlights
Distinguished Show Car Pedigree
Participant in the First Colorado Grand
Exacting Restoration by Noted Ferrari Specialist David Carte
Matching-Numbers Example
First in Class at the 1994 FCA Nationals
Sherman Wolf’s First Ferrari and a Fixture in the Collection Since 1979
Documented by Ferrari Historian Marcel Massini

Ferrari at Gooding Auction

The Ferrari Spider California On The Gooding Stage

Ferrari at auction at Gooding

I did not get a photo of the screen after the next bid which took it to $10,250,000, I was not ready. When you add the buyers premium you get the $11,275,000 reported price.

My question – why is this Ferrari worth more that this Ford GT40?

Some photos by Rebecca Fuller.

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