| The popularity of the Ferrari is known the world | | | | a 1953 Ferrari 340/375 MM Berlinetta |
| over. The Italian carmaker is known not only for | | | | Competizione which fetched a price of 4,235,000 |
| building good looking cars with high performance | | | | euros. The said classic Ferrari is the second most |
| but also for the price that these vehicles fetch. In | | | | expensive Ferrari sold during the auction. Another |
| fact the company's cheapest model has a base | | | | classic car sold at the public sale is a 1970 Ferrari |
| price of $150,000. When it comes to expensive | | | | 512 S which was sold for 2,640,000 euros. A |
| cars, Ferrari just set a record for the most | | | | 1953 Ferrari 340 MM Competition Spyder was |
| expensive Ferrari ever sold. | | | | sold at the auction for the price of 2,310,000 |
| The sale came at an auction held in the marque's | | | | euros. Another Ferrari classic which was sold at |
| Italian assembly facility. Hosting the auction are | | | | the auction is a 1966 Ferrari Dino 206 SP which |
| the Canada-based RM Auctions Inc. and the | | | | was sold for a whopping 2,420,000 euros. |
| trusted Sotheby's. The auction saw 33 classic | | | | Another expensive Ferrari car sold is the 2003 |
| Ferraris being auctioned off. The most expensive | | | | Ferrari F2003-GA Formula 1 Grand Prix Car which |
| of the lot is the 1962 TRI/LM Testa Rossa | | | | was driven by Michael Schumacher during his stint |
| Spyder. The said classic race car fetched a price | | | | with Scuderia Ferrari. The car was sold for |
| of 6,875,000 euros or about $9.275 million. While | | | | 1,540,000 euros or almost $2 million. |
| the car became the most expensive Ferrari ever | | | | Of the 33 cars that were auctioned, only one car |
| sold, it is not the most expensive car sold in an | | | | was not sold and it was a 1987 Ferrari F40 |
| auction. That distinction belongs to a 1931 Bugatti | | | | Prototipo. |
| Type 41 Royal Sports Coupe which was sold for | | | | Aside from the mentioned cars, Ferrari also |
| $11 million. | | | | auctioned off different car-related merchandise |
| The Testa Rossa Spyder is said to be the world's | | | | like a 2005 Ferrari steering wheel which was sold |
| most famous race car since it was used by | | | | for $85,000. Compare that to a brand new |
| Ferrari in the 24-hour Le Mans. The dominance of | | | | Chevy Aveo which has a starting price of $9,455 |
| the car of the said prestigious racing event | | | | and you will see how expensive Ferraris are. The |
| spanned from the late 1950s to the early 60s. | | | | Italian car manufacturer also auctioned off a 2004 |
| The car sold at the auction for the record price is | | | | V10 engine which was sold at $62,000. A |
| the last of its kind which is one reason why the | | | | matching 2004 engine cover was also sold at the |
| price reached more than $9 million. The particular | | | | auction which fetched a price of $12,500. An |
| model is the last Ferrari race car to have its | | | | autographed Schumacher helmet was sold for |
| engine in the front and it was driven by Phil Hil and | | | | $30,000 while a racing suit worn by the German |
| Oliver Glendebien at the Le Mans in 1962. Aside | | | | Formula One driver fetched a price of $28,000. |
| from that particular car, the auction also sold | | | | Current Ferrari Formula One driver Kimi |
| classic Ferrari cars which earned the Italian car | | | | Raikkonen's racing suit was also auctioned off and |
| manufacturer more than $46 million. | | | | was sold for $8,500. And perhaps the oddest |
| Other Ferrari cars sold during the auction, which | | | | things auctioned off were a set of Felipe Massa's |
| would put to shame any production vehicle even | | | | under-clothes which was sold for $775. |
| if equipped with Kleen Wheels accessories, includes | | | | |