1956 Ferrari 290 MM Sells for $22 Million at RM Sotheby’s Petersen Museum Auction

chassis number 0628 the 1956 290 mm was originally a mill race car driven by a number of the most significant names in the 1950s racing scene. 0628 was given a complete restoration to the livery it wore in the 1957 12 hours of sebring by ferrari classiche the brand restoration support and was authenticated in precisely the same moment.

during the 1956 racing season the car was conducted using a four-cylinder 3.5-liter 860 monza-type engine and finished second at that year’s mille miglia road race. among those automobiles not to market were a 1987 porsche 959 komfort with a high bid of $870 000 a 1989 ferrari testarossa at $105 000 and among the event’s celebrity cars a 1964 shelby 289 cobra using a high bid of $840 000. overall rm sotheby’s handled a less-than-stellar 79% sell-through rate for its sale probably triggered by unrealistic consigner expectations.

n 1957 a new 3.50 liter 290 s motor changed the original and in this guise the car finished third overall in the 1957 1000 km of buenos aires. the engine has been replaced again before the beginning of the 1957 12 hours of sebring this time with a 290 mm v-12 with single overhead camshafts vs the 290 s’ twin cam configuration. unfortunately the car recorded a dnf at sebring and finished its campaign being marketed through american importer luigi chinetti to private ownership. nother classic car auction yet another dollar ferrari sale.

ferraris have been king when it comes to high-value post-war auction results and this a 1956 ferrari 290 mm offered to a new owner to get a 22 000 005. the venue was rm sotheby’s very first petersen automotive museum market in los angeles california and the automobile was a real gem in the early years of this storied italian automaker. other notable sales at the petersen automotive museum auction included a 1971 lamborghini miura sv consigned by radio and television personality adam carolla which sold for $2.2 million–in accord with the pre-sale estimate. carol also offered a 1965 lamborghini 350 gt for $555 000. meanwhile a 2005 porsche carrera gt attracted $775 000 a 2015 mclaren p1 sold for 1 435 000 along with a euro

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