Ferrari 290 MM Sells for $22 Million at RM Sotheby's Petersen Automotive Museum Sale
December 9, 2018 by RM Sothebys
• Ferrari 290 MM, remarkably rare Scuderia Ferrari Works racer, sells for $22,005,000 at RM Sotheby's 8 December Los Angeles auction
• Complete results from RM Sotheby's Petersen Automotive Museum sale will be available by 10 December at rmsothebys.com
Los Angeles, California (8 December 2018) – Today in front of a packed salesroom at the renowned Petersen Automotive Museum in Los Angeles, California, RM Sotheby's sold a 1956 Ferrari 290 MM by Scaglietti, chassis no. 0628, for $22,005,000 (est. $22m/26m) after an extended bidding contest between three collectors.
Leading the company's first auction at the recently redesigned Petersen Museum, the fully matching-numbers, Classiche-certified 290 MM was campaigned by Scuderia Ferrari for the 1956 and 1957 seasons, piloted by an amazing roster of factory team drivers including Juan Manuel Fangio, Phil Hill, Peter Collins, Wolfgang von Trips, Olivier Gendebien, Eugenio Castellotti and later, under private ownership, Sir Stirling Moss, in some of the most prestigious events the racing world has known.
In 2011, chassis no. 0628 underwent a full, concours-quality restoration by Ferrari Classiche to its 1957 12 Hours of Sebring configuration, the final race it entered as a Scuderia Ferrari Works car. Of the four 290 MMs built, three have survived, which made this a rare opportunity to own a two-seater sports racing barchetta from what can be considered Scuderia Ferrari's golden era.
Additional highlights from the sale include:
• A 1971 Lamborghini Miura P400 SV by Bertone, a fantastic example of the 'original supercar' and the only Miura SV originally finished in Bleu Medio, which realized $2,205,000 on the podium (Est. $2.1/2.5m);
• A 2015 Porsche 918 'Weissach' Spyder in Factory Matte Black wrap and Martini livery, driven only 279 miles and equipped with the desirable Weissach package, sold for $1,534,000 (Est. $1.5/1.7m);
• A 2015 McLaren P1 showing less than 350 miles and accessorized with a host of MSO options, sold for $1,435,000 (Est. $1.3/1.7m);
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• A 1989 Ferrari F40 which fetched $1,545,000 was delivered new to Stefano Casiraghi, Italian socialite, successful racer, and second husband of Princess Caroline of Monaco and shows just 4,000 km from new (Est. $1.2/1.6m).
Results are listed in USD and include buyer's premium.
About RM Sotheby's
RM Sotheby's is the world's largest auction house for investment-quality automobiles. With more than 35 years' experience in the collector car industry, RM's vertically integrated range of services, from private treaty sales and auctions (including both RM Sotheby's and RM Auctions events) to estate planning and financial services, coupled with an expert team of car specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. In February 2015, RM formed a strategic partnership with Sotheby's, uniting the two companies for the full calendar of future automobile auctions. For further information, visit rmsothebys.com.
• The 1976 Porsche 935 Gr. 5 Turbo by Kremer in a unique Ice Green Metallic color combination, achieving $173,600 (Est. $150/200k);