• Business
  • Life
  • Celebrity
  • Sport
  • Blog
  • Auto
  • Tech
Stories from SWNS
Advertisement
  • Home
  • News
    The Führer’s Prophecy by Brian Klein 

    The Führer’s Prophecy by Brian Klein 

    How to find safe non-gamstop casino games

    How to find safe non-gamstop casino games

    Conservation zoos ‘have powerful potential to reverse extinction’

    Conservation zoos ‘have powerful potential to reverse extinction’

    Royal Navy aviators raising cash to rescue stray puppy

    Royal Navy aviators raising cash to rescue stray puppy

    “I got a new haircut – now I look exactly like Frodo Baggins from Lord of the Rings”

    “I got a new haircut – now I look exactly like Frodo Baggins from Lord of the Rings”

    £6.8billion turtle-shaped floating city unveiled

    £6.8billion turtle-shaped floating city unveiled

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Life
    • Celebrity
  • Tech
    Why Is Cloud Storage Migration Best Left To Professionals?

    Why Is Cloud Storage Migration Best Left To Professionals?

    How Tech Is Empowering Small Businesses And The Economy 

    How Tech Is Empowering Small Businesses And The Economy 

    The Technology Behind Forex Trading – And its Wider Impact

    The Technology Behind Forex Trading – And its Wider Impact

    Must-Have iPad Accessories At PITAKA Black Friday Sale Event

    Must-Have iPad Accessories At PITAKA Black Friday Sale Event

    How To Select The Best Lead Generation Software For Your Business: Our Top Tips

    How To Select The Best Lead Generation Software For Your Business: Our Top Tips

    Best Technologies in the Gambling Industry That Are Worth Your Attention

    Best Technologies in the Gambling Industry That Are Worth Your Attention

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
  • Home
  • News
    The Führer’s Prophecy by Brian Klein 

    The Führer’s Prophecy by Brian Klein 

    How to find safe non-gamstop casino games

    How to find safe non-gamstop casino games

    Conservation zoos ‘have powerful potential to reverse extinction’

    Conservation zoos ‘have powerful potential to reverse extinction’

    Royal Navy aviators raising cash to rescue stray puppy

    Royal Navy aviators raising cash to rescue stray puppy

    “I got a new haircut – now I look exactly like Frodo Baggins from Lord of the Rings”

    “I got a new haircut – now I look exactly like Frodo Baggins from Lord of the Rings”

    £6.8billion turtle-shaped floating city unveiled

    £6.8billion turtle-shaped floating city unveiled

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Life
    • Celebrity
  • Tech
    Why Is Cloud Storage Migration Best Left To Professionals?

    Why Is Cloud Storage Migration Best Left To Professionals?

    How Tech Is Empowering Small Businesses And The Economy 

    How Tech Is Empowering Small Businesses And The Economy 

    The Technology Behind Forex Trading – And its Wider Impact

    The Technology Behind Forex Trading – And its Wider Impact

    Must-Have iPad Accessories At PITAKA Black Friday Sale Event

    Must-Have iPad Accessories At PITAKA Black Friday Sale Event

    How To Select The Best Lead Generation Software For Your Business: Our Top Tips

    How To Select The Best Lead Generation Software For Your Business: Our Top Tips

    Best Technologies in the Gambling Industry That Are Worth Your Attention

    Best Technologies in the Gambling Industry That Are Worth Your Attention

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
Stories from SWNS
No Result
View All Result
Home News

Rare Ferrari raced by Fangio is sold by British owner for £18.5 MILLION to become third most expensive car sold at auction

by
December 11, 2015
in News
0
Rare Ferrari raced by Fangio is sold by British owner for £18.5 MILLION to become third most expensive car sold at auction

(© Tim Scott / RM Sotheby's / SWNS Group)

0
SHARES
77
VIEWS
Share on FacebookShare on Twitter

A classic Ferrari raced by arguably the greatest driver in history was today (Fri) sold by its British owner for a staggering £18.5 MILLION.

(© Tim Scott / RM Sotheby's / SWNS Group)
(© Tim Scott / RM Sotheby’s / SWNS Group)

The ultra-rare Ferrari 290 MM was raced by Juan Manuel Fangio, the legendary five-time Formula One World Champion.

Fangio raced it at the 1956 Mille Miglia, battling appalling weather to finish fourth in the gruelling 1,000-mile road race.

The road-legal race car was one of only four 290 MMs to be built with Marcel Massini, the foremost authority on classic Ferraris, describing it as “truly a spectacular and super-rare car”.

And with a 3.5-litre V12 engine developing 345bhp, the open-top race car could reach a top speed of around 180mph.

The Ferrari – known as chassis 0626 – was bought by a British businessman in 2004.

(© Tim Scott / RM Sotheby's / SWNS Group)
(© Tim Scott / RM Sotheby’s / SWNS Group)

After 11-years of ownership he decided to cash in and sell it at this week’s high profile RM Sotheby’s sale in New York.

It was estimated to sell for between £17 and £21 million and ended up selling for £18.5 million to become the third most expensive car ever sold publicly.

The Ferrari dominated the sale, which saw collectors and investors fork out £50 million on desirable cars.

(© Tim Scott / RM Sotheby's / SWNS Group)
(© Tim Scott / RM Sotheby’s / SWNS Group)

James Cottingham, from Ferrari specialist DK Engineering, in Hertfordshire, said: “The 290MM is one of the greatest 50s sports Ferraris in the world as it, as well as being a works car, has never been crashed and is as original as a car of its type can be.

“Some would say an auction is the only place for it to be sold and tonight proved that you need two to tango.

“But we had four bidders above $20m (£13m) and ultimately the winning bid proved its worth.”

The Ferrari was also raced by other motorsport icons including Phil Hill and Alfonso de Portago and was driven to victory in the 1957 Buenos Aires 1000 KM.

It has been called “undoubtedly one of the greatest, most original, and most valuable cars ever offered at public auction”.

Unlike many cars from its period, it has never been crashed and retains its original engine, gearbox, chassis and bodywork.

Only a Ferrari 250 GTO and Mercedes W196 – also raced by Fangio – have achieved higher prices at auction.

(© Tim Scott / RM Sotheby's / SWNS Group)
(© Tim Scott / RM Sotheby’s / SWNS Group)

For the £18.5 million, the new buyer could have bought 1,850 Ford Fiestas.

Prior to the sale, Peter Wallman, car specialist at RM Sotheby’s, said: “It’s hard to know where to start when describing just how important this 290 MM is.

(© Tim Scott / RM Sotheby's / SWNS Group)
(© Tim Scott / RM Sotheby’s / SWNS Group)

“Driven by the greatest drivers of the 1950s and built for possibly THE greatest driver in history, this is a car with which Enzo Ferrari was personally involved and is a fundamental part of Ferrari folklore.

“Its originality, coupled with its extraordinary provenance and history, which are truly second to none, can only lead you to conclude that it is one of the most desirable and valuable cars that will ever come to the open market.”

Previous Post

Three vital steps for the modern small business

Next Post

Best of SWNS 2015!

Next Post

Best of SWNS 2015!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 121 Followers
  • 60k Followers
  • 189k Subscribers
  • 23.8k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
Women love cheesy chat up lines, a study has revealed

Top 20 cheesy chat-up lines ladies really love

March 5, 2014
The top ten most well-known bingo phrases

The top ten most well-known bingo phrases

January 21, 2014
The horses thunder towards a jump at the Grand National

Amazing racehorse names which never made it

April 23, 2014
HGH Injections Brands: Which Ones Are Best?

HGH Injections Brands: Which Ones Are Best?

January 14, 2019
Chris Fear, 33, outside the Coral betting shop which is refusing to pay out on his 485/1 winning bet

Boycott Coral! Bookmaker faces protest after refusing to pay out on a football fan’s 485/1 bet

184
Women love cheesy chat up lines, a study has revealed

Top 20 cheesy chat-up lines ladies really love

147
Women feel invisible to the opposite sex at the age of 51, researchers found

Women begin feeling invisible to men ‘when they turn 51’

138
UKIP candidate claims Jews murdered each other in the Holocaust in masterplan to create State of Israel

UKIP candidate claims Jews murdered each other in the Holocaust in masterplan to create State of Israel

105
Mobile gaming vs PC gaming: Which is better for playing casino games?

Mobile gaming vs PC gaming: Which is better for playing casino games?

March 19, 2023
The Führer’s Prophecy by Brian Klein 

The Führer’s Prophecy by Brian Klein 

March 16, 2023
6 Benefits of Customs Clearance Services

6 Benefits of Customs Clearance Services

March 10, 2023
Bloomcare Rowan Garth: Reintegration Care

Bloomcare Rowan Garth: Reintegration Care

March 8, 2023

Recent News

Mobile gaming vs PC gaming: Which is better for playing casino games?

Mobile gaming vs PC gaming: Which is better for playing casino games?

March 19, 2023
The Führer’s Prophecy by Brian Klein 

The Führer’s Prophecy by Brian Klein 

March 16, 2023
6 Benefits of Customs Clearance Services

6 Benefits of Customs Clearance Services

March 10, 2023
Bloomcare Rowan Garth: Reintegration Care

Bloomcare Rowan Garth: Reintegration Care

March 8, 2023
SWNS

SWNS all rights reserved. Copyright 2020

Follow Us

Browse by Category

  • Auto
  • Blog
  • Business
  • Celebrity
  • Gaming
  • Life
  • Lifestyle
  • News
  • Pictures
  • Property
  • Review
  • Sport
  • SWNS
  • Tech
  • Travel
  • Uncategorized

Recent News

Mobile gaming vs PC gaming: Which is better for playing casino games?

Mobile gaming vs PC gaming: Which is better for playing casino games?

March 19, 2023
The Führer’s Prophecy by Brian Klein 

The Führer’s Prophecy by Brian Klein 

March 16, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Real Fix is a trading style of South West News Service Limited.
Copyright © 2020 South West News Service Limited.

No Result
View All Result
  • Business
  • Life
  • Celebrity
  • Sport
  • Blog
  • Auto
  • Tech

Real Fix is a trading style of South West News Service Limited.
Copyright © 2020 South West News Service Limited.