The most expensive Ferrari ever sold at auction – NART Spider sells for $27.5 million

Referred to as “one of those red Italian things” from the 1968 movie ‘The Thomas Crown Affair’, a 1967-made rare Ferrari convertible has proven that it is one among those unique models which never go out of fashion. Owned by Eddie Smith Sr., the stunning red car – 1967 Ferrari 275 GTB/4*S NART Spyder, entered into a recent auction at Pebble Beach and was estimated to fetch $14 to $17 million by RM auctions. However, to everyone’s astonishment, the car sold for a record-breaking $27.5 million, making it the most expensive Ferrari ever sold at auction.

The 1967 Ferrari NART Spyder is a limited edition, one among 10 units, which makes it all the more distinctive and an object of envy. The car has been named after the North American Racing Team. Through sources, it has been revealed that the now lucky owner of the red vroomer is a Canadian fashion entrepreneur – Lawrence Stroll, who is known as a motor racing enthusiast.

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The 1967 Ferrari NART Spyder ranks now as the second most expensive car ever sold at public auction. The first being a 1954 Mercedes-Benz W196 that sold for $29.7 million. Proceeds from the auction are said to be donated to charity.

[Via – Bloomberg and Left-Lane-News]