1964 Ferrari 250 LM fetches $14.3 Million

In what is being regarded as one of the most incredible collector car auctions of all time, RM Auctions and Sotheby’s Art of the Automobile sale today achieved $62,797,500 of sales in just over two hours of bidding. The packed sale room saw records tumble across numerous lots, with top sale honors going to a 1964 Ferrari 250 LM, a wonderfully historic and original example of this very rare sports racing Ferrari, which sold for $14,300,000, establishing a new world record for the model at auction. Taking the number two spot was the simply gorgeous 1938 Talbot-Lago T150-C SS Teardrop Cabriolet by Figoni et Falaschi, commonly regarded as one of the most beautiful coach built cars of all time, which sold for $7,150,000, also establishing a new world record for the model at auction.