A 1957 Ferrari 250 Testa Rossa has sold for $12.1 million, setting a price world record for cars sold at auction when the rare vehicle was actory in Maranello, Italy.
The Testa Rossa was one of only 22 produced from 1957 to 1958. The Scaglietti design is marked by prominent pontoon fenders. The cars also were successful racers, winning 10 of 19 international races from 1958 to
1961.
The car wears chassis No. 0714TR, and it finished fourth at the Buenos Aires 1,000-kilometer race in 1958 — its competition debut The car was then sold to an American collector, who raced it extensively in SCCA events.
The Testa Rossa, which translates to "red head" in Italian, beat the price set by another Ferrari, the 1961 250 GT SWB California Spider. That car was formerly owned by actor James Coburn and fetched $10.9 million last year. The Testa Rossa buyer's name was not disclosed.
The Testa Rossa was sold at an auction run by RM Auctions and Sotheby's, called the Leggenda e Passione.