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    $27.5 Million Ferrari

    angel

    LOS ANGELES — A rare 1967 Ferrari owned by an orphan-turned-millionaire was sold at a weekend auction for $27.5 million (U.S.) and various reports say the buyer is Canadian billionaire Lawrence Stroll.

    The fashion entrepreneur, who helped develop the Tommy Hilfiger clothing brand in the 1990s, already owns more than 20 other Ferraris, as well as a race track near Mont Tremblant, Que., to drive them on. A multi-millionaire for years, Stroll vaulted into the Forbes billionaires club last year with a fortune estimated at $1.8-billion.

    The $27.5 million is a record for a car sold at auction in the United States and second in the world to the $29.7 million paid for a 1954 Mercedes-Benz W196 raced by Juan Manuel Fangio.

    The red Ferrari 275 GTB/4*S N.A.R.T. Spider was one of only 10 ever built, and its single-family ownership increased interest in the sale, the Los Angeles Times reported.

    N.A.R.T. stands for North American Racing Team, a Ferrari-backed venture created in the late 1950s to promote the brand in the U.S.

    The owner, the late Eddie Smith, was a former mayor of Lexington, N. C. He died in 2007 at age 88. Since then, the car has been stored in a specially built garage.

    The 275 N.A.R.T. Spider was featured in the 1968 film “The Thomas Crown Affair” starring Steve McQueen. McQueen had owned one of the rare Ferraris himself, but wrecked it in a crash.


    Re: $27.5 Million Ferrari

    One of the most beautiful Ferrari`s ever made (imho) . McQueen`s one was wrecked (he was rear ended by a truck at a traffic light) and then it was completely rebuilt , it still exists in a private collection.  Have followed the exciting auction on line,   bids started at 17 mio USD and went up to 25 (27.5 mio usd premium included) . 


    --

    911 Club Coupe, 993 4S Riviera Blau, 12' Audi S4 Avant


    Re: $27.5 Million Ferrari

    This shape was very poorly imitated by Datsun in the 60s with the 240Z.  The first Japanese car to be taken seriously, I think.


    --

    "Form follows function"


    Re: $27.5 Million Ferrari

    Here is a nice video on this car and its story, from the Petrolicious channel.  

    http://www.youtube.com/watch?v=zaZB14xiHg8&feature=c4-overview-vl&list=PLtoI3QrvJpTzxHu7Arw78-AgNoEu0dgL0

    (Mods - did YouTube do something to eliminate the old embed code? Don't see it any more and my attempt this time to put this video in the post failed....)  

    --

    2011 Range Rover Sport S/C,  2009 Porsche 911S


    Re: $27.5 Million Ferrari

    Weird. I just don't see the appeal. I don't think it's that great looking by vintage car standards.

    Nice that all the money is going to charity.

    If I were them, I'd have said the person who donates the most to charity gets it. Might have generated more money.


    Re: $27.5 Million Ferrari

    That car is a beauty, a real beauty. 


    Re: $27.5 Million Ferrari

    4trac:

    Here is a nice video on this car and its story, from the Petrolicious channel.  

    http://www.youtube.com/watch?v=zaZB14xiHg8&feature=c4-overview-vl&list=PLtoI3QrvJpTzxHu7Arw78-AgNoEu0dgL0

    (Mods - did YouTube do something to eliminate the old embed code? Don't see it any more and my attempt this time to put this video in the post failed....)  

    --

    2011 Range Rover Sport S/C,  2009 Porsche 911S

     Thank you 4trac, that is a lovely video. The owner used to drive and truly enjoy this car despite its astronomical value.


    --

    911 Club Coupe, 993 4S Riviera Blau, 12' Audi S4 Avant


    Re: $27.5 Million Ferrari

    The older the cars the colder my heart about them. I cant help it, but i dont like it at all.


    Re: $27.5 Million Ferrari

    hunterone:

    The older the cars the colder my heart about them. I cant help it, but i dont like it at all.

    You're a monster.Smiley

     

    Smiley

    So many of you complain about cars not being visceral enough these days, too quiet, to easy, yet you then slag off old cars which give just that! 

    Seriously though lawrence bought a beautiful car. Not worth the money (in my eyes) but it's nice to see it go to someone that will actually enjoy it. Go to Tremblant during the summer and you can hear him blasting around that wonderful track in his old Ferraris. It's magical.  


    --

    Past-President, Porsche Club of America - Upper Canada Region


    Re: $27.5 Million Ferrari

    +1 kiss - to much number talks these days !


     
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