Le Mans-winning 1964 Ferrari 250 LM Sold For $36 Million To Become ‘The Sixth Most Valuable Car’

Le Mans-winning 1964 Ferrari 250 LM by Scaglietti sold to an unnamed buyer for a price of €34.88 million ($36.34 million).

The classic car broke the €25,000,000 pre-sale estimated value to become the ‘sixth most valuable car ever sold at auction’.

1964 250 LM won the Le Mans 24 hour race in 1965. It is the only “privateer-entered” Ferrari to win the French race.

This milestone comes just days after the 1954 Mercedes-Benz W 196 R “Stromlinienrennwagen” set a Grand Prix car record.

The 1954 Mercedes 196 fetched €51.2M during an exclusive auction by RM Sotheby’s at the Mercedes Museum in Stuttgart.

A 1964 Ferrari 250 LM by Scaglietti mesmerized classic car collectors earlier this month at the RM Sotheby’s Paris auction, before being sold to an unnamed buyer for a staggering price of €34.88 million ($36.34 million).

Offered from the Collection of the Indianapolis Motor Speedway Museum, the classic car broke the €25,000,000 EUR pre-sale estimated value by RM Sotheby’s to become the sixth most valuable car ever sold at auction.

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According to RM Sotheby’s listing, the 250 LM is only Ferrari built during the Enzo Ferrari era (1947 to 1988) to compete in six 24-hour races, including three times at Le Mans and three times at the 24 Hours of Daytona.

The classic Ferrari, which won the Le Mans 24 hour race in 1965, was the only “privateer-entered” Ferrari to win the French race. It is also the sixth and most important of 32 examples built of the 250 LM.

“Chassis 5893 is a bona fide legend, within the realms of Ferrari, Luigi Chinetti’s NART team, and Le Mans,” said an RM Sotheby’s spokesperson.

This milestone comes just days after the 1954 Mercedes-Benz W 196 R “Stromlinienrennwagen” set a Grand Prix car record, after fetching €51,155,000 during an exclusive standalone auction by RM Sotheby’s at the Mercedes Museum in Stuttgart.

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