Stunning Vintage Ferrari Brings $12.1 Million

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The Ferrari 250 Testa Rossa is without question one of the most beautiful cars ever built, and a 1957 model sold for a record-setting $12.1 million.

Ferrari built just 22 Scaglietti-designed Testa Rossas with the signature pontoon fenders between 1957 and 1958. It was a formidable racer - a 300 horsepower V12 and nimble handling will do that - and Testa Rossas won 10 of the 19 races they entered between 1958 and 1961.

The car that sold Sunday wears chassis number 0714TR. It was the fourth Testa Rossa ever built and the second built for a customer. Piero Drago debuted the car in 1958 at the Buneos Aires 1000Km and took fourth place. Then it was off to the Havana Grand Prix, where Drago was in 13th place when race was halted following a fatal accident. Drago raced it one last time in the XII Circuito Internacional Vila Real in Portugal and then sold it to a Texan. No. 0714TR when through a series of owners who raced it, modified it, restored it and showed it over the years.

No 9714TR was one of 32 Ferraris auctioned Sunday at the Ferrari Leggende d Passione in Maranello. The final bid of $12.1 million is the highest ever paid at a public auction, according to RM Auctions.

More pics after the jump.

Photos: Darin Schnabel / RM Auctions

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