21 August 2012

Three Ferraris for $16.5m

This is an $11m car, writes Brian Byrne.

The 1960 California 250 LWB Spider Competizione is one of only nine ever built and was sold for that figure at Pebble Beach to an anonymous collector.

The car was sold from the Sherman M Wolf collection, which had bought it from its first owner in 1979.

At the same auction other Ferraris from the same collection came under the hammer, including a 1985 288 GTO, sold for $1m and a 340 MM Spider for almost $4.5m.