1964 Ferrari 250 LM should be one of the most expensive cars to be sold this year

Ferrari 250 LM. Photos: Patrick Ernzen courtesy of RM Sotheby's
Ferrari 250 LM. Photos: Patrick Ernzen courtesy of RM Sotheby’s

The traditional RM Sotheby’s auction, which takes place during the famous North American event Monterey Car Week, features gems on wheels in its catalog, including this standout Ferrari 250 LM.

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In fact, it is the highest estimated price of all the cars that will be sold between August 17th and 19th. It aims to be the most expensive model auctioned by RM Sotheby’s at this event. And, very likely, it is among the most expensive of the year.
Born as the replacement for the Ferrari 250 GTO, the Ferrari 250 LM is also a coveted item among brand enthusiasts. Only 32 units of this sports car homologated for racing and road use were manufactured.

Specifically, this unit, with chassis 6053, was the 22nd conceived: one of the most recent of this model from Maranello. It competed in the 1965 BRSCC British, but also in the 24 Hours of Le Mans in 1968 and other events. Drivers like Mike Hailwood, among others, have piloted this machine.

RM Sotheby’s estimates that the final bid will be between 18 and 20 million dollars, which at the current exchange rate represents between 16 and 18 million euros. A staggering price due to various reasons.

Ferrari 250 LM. Photos: Patrick Ernzen courtesy of RM Sotheby's
Ferrari 250 LM. Photos: Patrick Ernzen courtesy of RM Sotheby’s

Perhaps the main one is that it is one of the few Ferrari 250 LMs that has not suffered a serious accident in competition. But also, for example, that it retains original mechanical components with which it competed in Le Mans: among them its 3.3 liter V12 engine that has about 230 hp. This is certified by the Ferrari Classiche.

In addition to its excellent state of conservation: in 2021 it underwent a comprehensive restoration at the body, cabin, and mechanical level. It was signed by Ferrari Classiche, which returned it to original specifications when it was first delivered in 1964. It appears again in Rosso Cina red and with Bleu fabric upholstered seats.

If the value is close to the estimate, this Ferrari 250 LM will become one of the most expensive cars of the brand sold at auction. Although it does not reach the 60 million euros achieved by a Ferrari 250 GTO nor the nearly 42 million euros of this other 250 GTO unit, which is the highest priced Ferrari.

Of course, it will still be far from the 135 million euros of the 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé, the only one in the world that is, at this moment and officially, the most expensive car ever auctioned.

Mercedes-Benz 300 SLR Uhlenhaut Coupé
Mercedes-Benz 300 SLR Uhlenhaut Coupé. Photo: Release

See more photos of the Ferrari 250 LM

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