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F1 cars net $6m at Ferrari auction, 1962 330 TRI/FM Testa Rosa Spyder nets $10m

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1,613 views May 22, 2007

F1 cars net $6m at Ferrari auction, 1962 330 TRI/FM Testa Rosa Spyder nets $10m

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The sale of four modern formula one Ferraris contributed a further $6m to the Italian team's budget at the weekend. The famous marque held a Sotheby's auction at its Maranello headquarters on Sunday, where the more expensive of the red race cars - the last single seater raced by Michael Schumacher in 2006, a 248 F1 - attracted a high bid of just under $2.3m.

Schumacher's 2003 machine went for a little more than $2.0m, a 1997 Ferrari sold for a million, and a single seater from 1983 went for more than $560,000. In total, the auction netted about $50m for Ferrari.

The auction made history by producing the highest ever price for a single Ferrari car. The Le Mans-winning 1962 330 TRI/FM Testa Rosa Spyder (pictured above) was won by an anonymous telephone bidder for an incredible $9.28m -- just shy of the most expensive road car ever, a 1931 Bugatti Typie 41 Royal Sports Coupe that was sold in 1987 for $11m.

Among the other lots were a 2005 steering wheel ($85,000), a 2004 V10 engine ($62,000), an autographed Schumacher helmet ($30,000), a Schumacher racing suit ($28,000), two GP trophies ($14,000), a 2004 engine cover ($12,500) and a 2006 front wing ($6,500).

A racing suit worn by Kimi Raikkonen this season fetched $8,500, meanwhile, and even a set of Massa's under-clothes sold for $775. (GMM)