Fangio Ferrari sells for RM121 millionPOSTED BY Nigel Andretti ON 14 December 2015
A FERRARI built for legendary Argentine master Juan Manuel Fangio has been auctioned for US$28 million (RM121 million)
The recent auction also featured top bidding for Janis Joplin’s psychedelic Porsche and a 1963 Pontiac owned by Roy Rogers decorated with silver dollars and guns.
RM Sotheby’s offered the vintage cars in its “Driven by Disruption” sale last Friday.
The 1956 Ferrari 290 MM, chassis 0626 was specially designed for the five-time F1 world champion and was one of only four 290 MMs to be built. It has never crashed despite a racing career that lasted until 1964.
The US$28m to US$32m pre-sale estimate made it one of the most valuable cars to come to auction. A Ferrari 250 GTO Berlinetta that sold for $38.1m at Bonhams in 2014 holds the record for any car at auction.
Fangio, an Argentinian considered one of the greatest Formula One drivers of all time, raced the 3.5-litre, V12 engine car in the 1000-mile Mille Miglia event, finishing fourth overall in a race that wound through Italy.
The red car with a blue nose competed in many other classic races.
RM Sotheby’s says it was purchased in 1957 by enthusiast Temple Buell who continued to enter it into races around the world with Jo Bonnier and Gregory behind the wheel.
It was eventually was acquired by collector Pierre Bardinon and remained in his renowned Mas du Clos Collection in France for nearly 34 years before being acquired by the current owner, identified only as a private European collector.
Joplin’s wildly painted 1964 Porsche 356C Cabriolet (above) fetched US$1.76m well above its top estimate of US$600,000. The car was a feture in the Rock and Roll Hall of Fame.
A 1963 Pontiac Bonneville designed by Nudie Cohn, owner of Nudie’s Rodeo Tailors in Hollywood, and owned by Roy Rogers and Dale Evans, sold for US$308,000. It had been estimated at US$250,000 to US$350,000.
The unique design features a hand-tooled leather interior decorated in genuine silver dollars, handguns and a saddle mounted between the two bucket seats adorned with silver, rhinestones and silver dollars.