London, England – Canada’s RM Auctions, in association with Sotheby’s, will offer a 1957 Ferrari 250 TR that is expected to bring a new record price at auction. The car, with chassis number o714TR, will be part of the Ferrari Leggenda e Passione event held in Maranello on May 17, 2009 in conjunction during the Mille Miglia retrospective.

The current world record for the most expensive vintage vehicle sold at auction is held by RM, in association with Sotheby’s, for a 1961 Ferrari 250 GT SWB California Spyder, which sold for US$10,894,400 in 2008.

The Scaglietti-designed “pontoon-fender” 250 TR was produced from 1957 to 1958, with only 22 built. The cars entered 19 international championship races from 1958 through 1961, winning ten victories.

The car at auction was delivered to racing driver and future coachbuilder Piero Drogo in Modena, Italy in December 1957. He debuted the car in the 1,000-km Buenos Aires in January 1958 and finished fourth. Following entries in the Grand Prix of Cuba and Portugal, the car was sold to a Texas rancher who won several times with it in North America in 1959. Its last professional race was in June 1963 at the Elkhart Lake 500.

For more information on the auction, visit RMAuctions.

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