1967 Ferrari 275 GTB/4*S NART Spyder Sold For $27.5 Million in Auction

Photo Source: http://autos.yahoo.com/news/ferrari-nart-spyder-sets--27-5-million-auction-record-193839567.html
Photo Source: http://autos.yahoo.com/news/ferrari-nart-spyder-sets–27-5-million-auction-record-193839567.html

At the RM sale auction in California on Saturday night, a 1967 Ferrari 275 GTB/4*S NART Spyder sold for $27.5 million, making it the largest amount ever paid for a Ferrari and a non-racer vehicle. The 1967 Ferrari NART Spyder was one out of only 10 built and is named for the company’s North American Racing Team. Starting the bid at $10 million and only guessing to reach between $14 million and $17 million, the winning bid, being at $27.5 million, exceeds that and some. Overall sales at the RM auction reached a total of $244 million. Sale continued at a steady rate of 54 percent. The previous owner of the 1967 Ferrari 275 GTB/4*S NART Spyder is Eddie Smith Sr. The person at the auction that won the Ferrari was an undisclosed bidder. Here are the top 5 sales from the RM sale auction on Saturday:

1. 1967 Ferrari 275 GTB/4*S NART Spyder sold for $27.5 million

2. 1953 Ferrari 375 MM Spyder sold for $9.075 million

3. 1928 Mercedes-Benz 680S Torpedo Roadster sold for $8.25 million

4. 1939 Mercedes-Benz 540K Special Roadster sold for $7.48 million

5. 1955 Ferrari 750 Monza Spyder sold for $4.07 million

Article Source: http://www.autoweek.com/article/20130819/CARNEWS01/130819809


One thought on “1967 Ferrari 275 GTB/4*S NART Spyder Sold For $27.5 Million in Auction

  1. After kicking back and catching up on some TiVo last night
    all that I can say is how absolutely DISGUSTED I feel after
    watching the Chasing Classic Cars ‘Chance of a lifetime’ episode!
    S6/Ep15-67 Ferrari 275 GTB/4 N.A.R.T. An episode which
    chronicles the path of Eddie Smith’s Sr.’s family (whose
    generosity seems to have no bounds), as they knowledgably
    decide to offer what they are sure is an extremely valuable
    automobile, and exponentially more valuable… their late
    fathers prized car, up for charity auction.

    RM Auctions sunk their GREEDY HOOKS into 2.5 million
    ‘buyers premium’ for a car that was DONATED for the sole
    purpose to raise money for charities. That was the most
    vile act I’ve seen in a long time. I hope everyone on the
    planet boycotts RM Auctions for eternity! ! ! I’d be VERY
    interested to learn what Wayne Carini from Chasing Classic
    Cars squeezed them for as well. No honor amongst thieves.
    Everyone involved in that transaction should have donated
    every penny to charity, learning from one of the most generous
    acts most of us will every witness in our lifetime! This is
    everything that is wrong with America. GREED. As car guys,
    we can all do our part to raise the bar, and not only that,
    but show others how to keep it up and help raise it higher!!

    Smith family.. you are an AMAZING inspiration. Thank you.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s