Aug 20, 2007

1959 LeMans Ferrari brings US$4.95 million at auction

1959 Ferrari GT LWB Spyder
1959 Ferrari GT LWB Spyder. Click image to enlarge

Monterey, California – A 1959 Ferrari 250 GT LWB Spyder brought $4,950,000 (all prices U.S.) at Ontario-based RM Auctions’ event in Monterey, California over the weekend. The annual Monterey Sports and Classic Car Auction, held August 17 and 18, brought in a record-breaking $46 million in total sales, with 195 cars passing over the auction block.

Of the consigned vehicles, 92 per cent sold, with nine topping the $1 million mark. The top sellers, following the Ferrari, were a 1935 Duesenberg SJ Town Car at $4.4 million; a 1933 Delage D8S Coupe Roadster at $3,740,000; a 1937 Mercedes-Benz 540K Special at $2,530,000; and a 1959 Aston Martin DB4 GT at $1,650,000.

A collection of ten pedal cars, custom-designed by some of the country’s most recognizable hot-rod builders in honour of the 1932 Ford’s 75th anniversary, were auctioned on Friday and raised more than $200,000 for the Juvenile Diabetes Research Foundation and several other charities. The Monterey Rotary Club also benefited from a $60,000 charitable donation from RM Auctions.

For a complete list of the auction results, visit

Connect with