IT’S £25 MIL­LION! FER­RARI SMASHES AUC­TION RECORDS

But find out in­side why Good­ings’ 2014 US sale could still claim ‘most ex­pen­sive’ ti­tle

Classic Car Weekly (UK) - - Front Page - www.artcu­rial.com

Af­ter fren­zied bid­ding, Artcu­rial’s star lot for its Rétro­mo­bile sale on Fri­day, a Fer­rari rac­ing car owned by the same col­lec­tor for 40 years, sold for £24.7m. Artcu­rial claims it’s the world’s most ex­pen­sive rac­ing car ever to be sold at auc­tion, al­though Good­ing and Com­pany would say its 250 GTO sold in 2014 still holds the record.

The 335S Scagli­etti is one of four made, and was driven in pe­riod by Mike Hawthorn, Stir­ling Moss, Wolf­gang von Trips, Peter Collins and Mau­rice Trintig­nant. This prove­nance helped the car achieve this price, and con­firms th­ese cars are the world’s most de­sir­able – nine of the top 10 sellers are Fer­raris.

A 1957 Fer­rari be­came the world’s most ex­pen­sive rac­ing car sold at auc­tion in Paris af­ter fetch­ing just £24.7 mil­lion in Artcu­rial’s auc­tion on Fri­day. Its record per­for­mance is due in no small part to the amaz­ing role call of driv­ers who took the wheel dur­ing the car’s com­pe­ti­tion ca­reer.

It’s one of four Fer­rari 335S Spi­der Scagli­et­tis made, and this one had been in the hands of French col­lec­tor Pierre Bardi­non for more than 40 years.

Driv­ers who com­peted in the car in­cluded Ger­man driver Wolf­gang von Trips, Peter Collins, Mau­rice Trintig­nant, Sir Stir­ling Moss and Mike Hawthorn in the 1958 Le Mans 24 Hours.

Given the driver his­tory and the rar­ity of this car, it’s re­ally no sur­prise that the record was bro­ken in Paris.

The mar­ket re­mains strong, es­pe­cially for Fer­raris with prove­nance, and it points to con­tin­ued sta­bil­ity in the rest of the clas­sic car mar­ket. Keith Adams.

CCW editor, com­ments: ‘Al­though the price is not a sur­prise, it’s an in­di­ca­tor that the top of the mar­ket is still in very good shape.’ Keith also points out that ex­change rates have af­fected the records.

‘Ba­si­cally, the record sale in US dol­lars re­mains the $38.115 mil­lion paid at Bon­hams’ Quail sale in Monterey in 2014 for a 1962 Fer­rari 250 GTO. At the time, the price was €28.5 mil­lion and £22.8 mil­lion, both of which were topped by this Artcu­rial sale,’ he says.

The pre­vi­ous record for a rac­ing car was for a 1953 Mercedes W196 rac­ing car driven by Juan Manuel Fan­gio, sold for £17.5 mil­lion Bon­hams auc­tion at Good­wood’s Fes­ti­val of Speed in July 2013. Nine of the over­all top 10 sell­ing cars are Fer­raris.

The mo­ment the 335 Spi­der Sca­gletti es­tab­lished a world record in Paris. A beau­ti­ful racer – but would you have this down as be­ing al­most £25 mil­lon-worth? Given who has driven it dur­ing its com­pet­i­tive ca­reer, it was al­ways go­ing to sell well.

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