RM Auctions to Offer $8 Million Ferrari at Monterey Aug 19
Published June 30th, 2006
Classic Car Auction Info
Press Release
RM Auctions, North America’s premier collector car auction house, is honored to present the legendary 1958 Ferrari 412 S race car at the 2006 Monterey Sports and Classic Car Auction on Saturday, August 19, 2006 at the Portola Plaza Hotel in Monterey, California. This one-of-a-kind racing Ferrari, one of the greatest racers in Ferrari’s famed motor sports history, driven by legendary drivers like Phil Hill and Richie Ginther, is the most valuable car ever offered before at a North American auction. The 412 S is predicted to smash RM’s own record-breaking sale of the Le Mans winning 1962 Ferrari Testa Rossa 330 TRI/LM that sold at RM’s 2002 Monterey sale for $6.5 Million.
“The 412 S is by far, one of the most valuable automobiles in the world,” said Rob Myers of RM Auctions. “From the dominant engine to the long list of racing giants who have climbed behind the wheel, the 412 S has everything serious collectors could ask for. We anticipate significant international bidding at our Monterey sale for the opportunity to own one of the rarest Ferraris in history.”
RM Auctions will offer approximately 200 of the world’s finest vintage motor cars at the 2006 Monterey Sports & Classic Car Auction. The auction will be held at the elegant Portola Plaza Hotel at Fisherman’s Wharf in Monterey, California. Activities are held August 17, 18 & 19, with auction previews daily on Thursday, Friday and Saturday from 9:00 a.m. until 6:00 p.m. The auction sale times are 6:00 p.m. to 12:00 a.m on Friday, August 18 and Saturday, August 19.
