September 24, 2023


Only Automotive

For Sale: 1964 Ferrari 250 LM Might Break $20,000,000!

3 min read

This 1964 Ferrari 250 LM is on the market and might be auctioned by RM Sotheby’s on the 2023 version of Monterey Automobile Week, ending on nineteenth August with a information value of $18,000,000-$20,000,000

  • Uncommon 1964 Ferrari 250 LM, twenty second automotive of solely 32 constructed, hits Sotheby’s public sale block.
  • Spectacular racing historical past, together with participation within the 24 Hours of Daytona and Le Mans.
  • Meticulous restoration by Ferrari Classiche, licensed with an genuine historical past booklet.

The extremely anticipated second is right here as a very distinctive 1964 Ferrari 250 LM gears up for an exhilarating public sale at Sotheby’s. This prestigious car, one in all simply 32 ever constructed, boasts an illustrious racing historical past, having competed in famend occasions such because the 24 Hours of Daytona and the long-lasting 24 Hours of Le Mans.

The Ferrari 250 LM stands tall among the many most distinguished classic fashions crafted by the long-lasting Italian automaker. Although typically overshadowed by its well-known siblings, the 250 GTO and Testa Rossa, the 250 LM shares their Colombo V12 engine and showcases a chic aluminum physique over a metal tube chassis. A big departure from the norm, this mannequin adopts a daring mid-engine format, a design particularly supposed to dominate GT class competitions.

Ferrari produced a mere 32 examples of the legendary 250 LM, with chassis quantity 6053 being the twenty second in line. With a meticulously documented historical past, this distinctive automotive was displayed at prestigious occasions such because the 2022 Pebble Seaside Concours d’Magnificence, the 2021 Ferrari Finals at Mugello, and the Enzo Ferrari Museum in Modena. Nevertheless, its journey started with a vibrant racing profession.

Initially owned by George Drummond, this 250 LM noticed motion on the tracks of England, securing notable victories at Wiscombe Park, Manufacturers Hatch, Snetterton, and Silverstone in 1965. The fun continued because it entered the extraordinary 24 Hours of Daytona in February 1966, pushed by Drummond, Innes Eire, and Mike Hailwood. Alas, a gearbox failure led to its early retirement after 90 laps.

Undeterred, the Ferrari 250 LM remained resolute, competing in a minimum of eight extra races over the subsequent two years. Its racing prowess was evident on the 1966 Austrian Grand Prix, the place the manufacturing facility driver Michael Parkes secured a powerful third place in school and eighth total. The journey continued by England earlier than making a notable look on the 1967 Kyalami 9 Hours and reaching a exceptional fifth place total on the Lourenco Marques 3 Hours in Mozambique that very same 12 months.

A brand new chapter unfolded because the automotive modified arms and located its option to Paul Vestey in Could 1968. Vestey aimed to take part within the prestigious 24 Hours of Le Mans, and his 250 LM was among the many six Ferraris to enter the race. Regardless of beginning in thirty second place, it shortly climbed to twenty sixth earlier than a spin prompted minor injury and, finally, gearbox failure, forcing it to retire.

Submit its Le Mans expertise, chassis quantity 6053 gracefully transitioned into classic races, fascinating fanatics throughout varied occasions. Altering possession a number of instances, it will definitely discovered a faithful proprietor in 2018, who launched into a complete restoration journey beneath the auspices of Ferrari Classiche. In 2021, the refurbishment concluded, complemented by a powerful booklet from Ferrari, completely documenting its genuine historical past.

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