An Auctioned Ferrari Sold for â¬6.250 Million in Moranello

By: Evander Klum

Several Ferrari automobiles were recently auctioned by Sotheby's/RM Auctions at Moranello, Italy which generated for them a handsome sum of â‚?32 to â‚?35 million ($43 million to $47 million). The new record auctioned sales for a Ferrari was set toward the end of the event when an anonymous telephone bidder has offered a jaw dropping bid amounting to â‚?6.250 million ($8.43 million) that comes with a ten percent commission. The entire bid reached a $9-point-something-million-dollar sale.

The descriptive copy of the Ferrari in the auction catalog is Ferrari Leggenda E Passione which when translated in English means Legends and Passion. The Ferrari for lot 221 read: "The 1962 Ferrari 330 TRI/LM Testa Rosa Spyder is the last of the most famous Ferraris. Testa Rosas won Le Mans, arguably the most famous automobile race in 1958, 1960, 1961, and 1962---A record that has never been broken."

The art auctions that was held last week in New York has accumulated eight-figure numbers and has also set a record for a Warhol car wreck which are the quiet passions of the sedate and introspective art collectors. Automobile auctions on the other hand are not for the faint-hearted or timid. Those people that join automobile actions are passionate, loud, boisterous, and are not afraid to spend just to get the car that they want especially if it's a Ferrari.

They often expressed their Type-A appreciation as the white-jacketed British auctioneer announced, "For the thirrrrd...and last time, ladies and gentlemen...at six million, two hundred fifty-thousand eurroooooos.....SOLD!" which is like a signal for the audience to rise on their feet, clap, cheer, whistle, and shout. That's how car lovers show their feelings and their excitement.

At the lot 213 is a beautiful, bright yellow 1971 Ferrari 365 GTS4 Daytona Spider which started low at â‚?250,000 ($337,275) until it reaches a bid amounting to â‚?1.045 million including a ten percent commission reaching almost $1.4 million.

Each of the Ferraris auctioned has a story to tell like for instance the 1971 Daytona Spider was a 1948 Grosse Pointe Ford, specifically an Edsel Ford II.

The crowd that attended the event was consists of very rich individuals. There were rich folks from Europe, North and South America, and Asia who came to join the auction. Aside from Ferrari cars there was also Ferrari parts and even that were available for sale.

And of course since the auction was attended by the rich and famous it is not surprising that there were plenty of photographers at the venue however to protect the bidders the photographers were prevented from taking photos of the those who are at the event. As if they can really prevent the paparazzi.

Anyway anything displayed at the event with the moniker of Ferrari's great Michael Schumacher has been auctioned really high like for instance his T-shirt was bought for â‚?500 ($675); his rain jacket was sold for â‚?2250 ($3035); and even his underwear which was said to be what he was wearing at the race was sold for â‚?550 ($742). Likewise a cashmere sweater was also sold for â‚?1500 ($2024). But of course the main highlights of the auction were the Ferraris.

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