1964 Ferrari 250 LM expected to net $12-15 million at RM’s NY auction
If you’re one of the very fortunate souls that has $12 to $15 million burning a very large hole in your pocket, we’ve found the perfect way to liberate yourself from the burden of so much money - buy this Ferrari, which is being put up for auction. It’s a supremely rare Ferrari 250 LM, the 24th member of a 32-car run, that rolled off the assembly line on what we imagine was a brilliant, sunny Italian summer’s day in July of 1964.
Officially known as Chassis 6107, this 250 LM is rare because unlike its brothers, it wasn’t originally bought to be a race car. Its first owner used it more or less as a toy, both around town and on the infamous Mulholland Drive, in California. After a pair of owners, it found its way into the hands of an Ecuadorian pair, who kicked off its racing career. Its best result was at the 1968 24 Hours of Daytona, where it finished eighth overall and first in class, although subsequent runs at Daytona and Sebring were less successful. Its most recent owner was a Japanese collector, who purchased the car in 1983 and has had it on display ever since.
The car has been, according to the press release, “gently freshened,” and shows just 10,000 miles on a numbers-matching powertrain. It’s this originality that separates this 250 LM from the other, hardened racers that made up the 32 original cars. It doesn’t have quite the provenance or rarity of a certain Ferrari 250 GTB/4 NART Spider, but its status as a competitor from the glory days of road racing and it’s achingly handsome sheetmetal make this a rare car in its own right.
Interested buyers should make their way to RM Auctions’ New York event, set to kick off on November 21. This rare 250 LM will be lot number 141, and will be sold on the first day of the show. Take a look below for a detailed press release on Chassis 6107’s history, and be sure to check out the gallery of the rare racer up top.