Ferrari 290 MM sells for sale at the museum for over £ 17 million

It was the last car to be offered at the last major classic car auction of the year, the extremely rare and sought-after 1956 Ferrari 290 MM by Scaglietti. After a long bidding war, the car finally sold for $ 22 million, the equivalent of more than £ 17 million. The sale took place at the RM Sotheby’s Los Angeles sale, which was held at the prestigious Petersen Automotive Museum in Los Angeles on Saturday, December 8.

The super rare Ferrari led the pack of 64 vehicles and 77 lots of souvenirs on offer in the recently redesigned museum, and now the classic car has become one of the most expensive cars ever sold at auction.

It was one of the last surviving models of the four to have been built by Ferrari, and it has a pretty impressive motorsport pedigree. The 290 MM was driven at some of the world’s most prestigious racing events, and was piloted by some of the most famous factory team drivers, from Juan Manuel Fangio to Sir Stirling Moss.

Ferrari developed the classic car specifically to contest the 1956 World Sports Car Championship and the Mille Miglia, which is where the car gets its initials MM. The car was intended to help the manufacturer compete with its biggest competitors, Mercedes-Benz and Maserati.

The chassis does not. 0628, which was sold at auction, was the final 290MM model ever built. 7 years ago it had undergone a meticulous restoration by Ferrari Classiche. Now only 3 of the 4,290 MM are left built, so this purchase was truly a rare opportunity for the collector to own a two-seat sport racing barchetta from what can be considered the golden era of the Scuderia Ferrari.

Picture by
Tino Rossini from Toronto, Canada [CC BY 2.0], through Wikimedia Commons


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