A slow economy may be to blame for several poor performances at RM’s annual London Auction. A Lambo, Ferrari and an Aston failed to meet their reserve prices, but that did not stop the top lot from being sold: a ‘58 250 GT LWB “Tour de France” Berlinetta Ferrari fetched a cool $3.6 million.
The 250 spent most of its life in the United States, albeit with a strange modification for part of its life: the engine and transmission were replaced at some point with a ford engine and transmission for a while.
But in 1974, the original Ferrari V12 and transmission were replaced. Talking of which, the engine is a 3-liter single cam unit belting out 250 bhp at 7,000 rpm. The car raced in the Mille Miglia in 2005 and is one of 39 with the covered headlamps.
The Lamborghini mentioned earlier is a ‘72 Miura SV, and was expected to fetch between $1.4-2.1 million. The ‘61 Aston DB4 GT (one of only 75) was supposed to manage $1.2-1.4 million and the ‘55 Ferrari 750 Monza Spider was supposed to pull $2.4-2.9 million. The Monza is a racing car and is one of only 29.
– By: Sawyer Sutton