Image credit: © conceptcarz.com (Reproduction Or reuse prohibited).
This is one of only four 340 MM Competition Vignale Spyders built by Ferrari. The car was sold to American racing driver Bill Spear in April 1953 for that year's sports car championship. Painted in the American racing colors of blue and white, its first race was the 12 Hours at Reims in northern France. Spears enlisted Phil Hill as his co-driver for the race, and they collected the car from the factory in Maranello, but on the drive to Reims, Spear had an accident while following behind Hill in the Ferrari, cutting his leg severely, and the car was sadly forced to withdraw from the race. Later that July, Spear drove his new Ferrari to fourth place in a support race at the British Grand Prix at Silverstone in England before it was shipped to the United States in August 1953, where it was raced extensively until the end of 1955.
This is the Bill Spear, Phil Hill Ferrari built in April 1953 for Spear because he wanted the most competitive 'open' Ferrari to enter 1953 Le Mans. It was painted night blue and white by Ferrari to distinguish an American driver. It was delivered to Spear and Hill at the Ferrari factory and driven by Hill from Maranello to Reims for the upcoming Reims 12 Hour Endurance race. During the drive from Maranello to Reims, Spear had an accident in his Bentley road car while following behind Hill. Spear cut his leg severely requiring Hill to apply a tourniquet. As Spear was unable to drive Phil Hill and Luigi Chinetti were substituted as drivers. Late in the race, while leading, Hill was forced to withdraw due to fading brakes. Bill Spear imported the car to the United States in August 1953 and raced extensively around the country. Built for full competition it has a powerful Lampredi 4.1 liter motor, Formula One type aluminum finned drum brakes, Grand Prix Magnetti Morelli magnetos and a 40 gallon fuel tank.By Daniel Vaughan | Mar 2014
No auction information available for this vehicle at this time.
1953 Ferrari 340 MM Auction Sales
Recent Sales of the Ferrari 340 MM
(Data based on Model Year 1953 sales)
1953 Ferrari 340 MM Spider Chassis#: 0350 AM Sold for USD$4,730,000 2012 Gooding and Company - Pebble Beach Auction | |
1953 Ferrari 340 MM Competition Spyder Chassis#: 0268 AM Sold for USD$3,121,503 2007 RM Auctions Ferrari – Leggenda e Passione | |
1953 Ferrari 250 MM Competition Berlinetta Chassis#: 0250MM Sold for USD$1,430,000 2005 Vintage Motor Cars in Arizona |
Ferrari 340 MMs That Failed To Sell At Auction
1953 Ferrari 340 MM's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
---|---|---|---|---|---|
1953 Ferrari 340 MM Spider by Vignale | 0350 AM | 2022 RM Sothebys : Monaco Grimaldi Forum | $6,000,000 | $8,000,000 |
Vehicles With Comparable Market Values
Similar sales to the $3,093,834 range.
2023 Aston Martin Valkyrie Coupé Chassis#:SCF4KRB41PGS70051 Sold for $3,070,625 2024 RM Sothebys : Dubai | |
2009 Mercedes-Benz SLR McLaren Stirling Moss Chassis#:WDD1999761M900066 Sold for $3,211,250 2024 RM Sothebys : Dubai | |
1988 Porsche 959 SC Reimagined by Canepa Chassis#:WP0ZZZ95ZHS900022 Sold for $3,085,000 2024 Broad Arrow Auctions : Amelia | |
2010 Bugatti Veyron 16.4 Grand Sport 'Sang Bleu' Chassis#:VF9SK2C2XAM795043 Sold for $3,085,000 2024 RM Sothebys : ModaMiami | |
1961 PORSCHE RS61 Chassis#:718-076 Sold for $3,100,000 2024 Gooding : Amelia Island Concours | |
2018 BUGATTI CHIRON Chassis#:VF9SP3V37JM795059 Sold for $2,970,000 2024 Barrett-Jackson : Scottsdale AZ | |
1962 FERRARI 400 SUPERAMERICA SERIES I COUPÉ AERODINAMICO Chassis#:3221 SA Sold for $3,167,500 2023 Gooding & Company : Pebble Beach | |
1991 FERRARI F40 Chassis#:ZFFMN34A5M0087568 Sold for $3,085,000 2023 Gooding & Company : Pebble Beach | |
1952 FERRARI 340 AMERICA BERLINETTA Chassis#:0202 A Sold for $3,085,000 2023 Gooding & Company : Pebble Beach | |
1930 DUESENBERG MODEL J DUAL COWL 'BARRELSIDE' PHAETON Chassis#:2323 Sold for $2,975,000 2023 Gooding & Company : Pebble Beach | |
1967 Ferrari 330 GTS by Pininfarina Chassis#:10359 Sold for $2,975,000 2023 RM Sothebys : Monterey | |
1935 Duesenberg Model SJ 'Sweep Panel' Dual-Cowl Phaeton by LaGrande Chassis#:2552 Sold for $3,030,000 2023 RM Sothebys : Monterey | |
2019 Bugatti Chiron Chassis#:VF9SP3V34KM795196 Sold for $3,048,596 2023 RM Sothebys : Villa Erba | |
1967 Ferrari 275 GTB/4 by Scaglietti Chassis#:10337 Sold for $3,048,596 2023 RM Sothebys : Villa Erba | |
1990 FERRARI F40 Chassis#:ZFFMN34A0L0086620 Sold for $3,085,000 2023 Gooding & Company : Amelia Island Auction | |
1969 Chevrolet Corvette Stingray ZL-1 Convertible Chassis#:194679S710209 Sold for $3,140,000 2023 RM Sothebys : Arizona | |
1967 Ferrari 275 GTB/4 Sold for $2,970,000 2023 Mecum : Kissimmee | |
1992 Ferrari F40 Sold for $3,135,000 2023 Mecum : Kissimmee | |
2003 Ferrari Enzo Chassis#:ZFFCW56A330133916 Sold for $3,195,000 2022 RM Sothebys : The Youngtimer Collection - Miami | |
1994 BUGATTI EB110 SUPER SPORT Chassis#:ZA9BB02E0RCD39012 Sold for $3,167,500 2022 Gooding & Company : Pebble Beach |
1953 Ferrari 340 MM
• Additional valuation insight and sales data• History
• Specifications
• Image gallery
• Other Ferrari 340 MM model years