This last couple of days some serious amount of money has been spent in auctions on classic cars. Yesterday we had a historic Ford GT40 selling for $11 million, and now feast your eyes on another 11 mil car. This one’s a 1960 Ferrari California 250 LWB Spider Competizione, and it’s a thing of beauty. Californias are among the most sought after classic Ferraris.
You could argue this particular California is actually good value, considering the fact that last year Chris Evans spent $12 million on a black one. The 250 LWB comes from Sherman M. Wolf collection, who had bought it from its first owner in 1979 and owning it until last weekend. It only had two owners and has been built nine times for racing.
This car was one of the finest classics Ferrari had brought to this year’s Pebble Beach Concours with Gooding & Co. Other notable models sold at the same auction include a 1985 288 GTO, sold for 1 million Dollars, and a 340 MM Spider, sold for almost 4.5 million Dollars.