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Not Sold

1981 Ferrari 512 BB/LM

RM Sotheby's • US • 14 Aug 2021

Market Position:

Rare Sale

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Not Sold

1981 Ferrari 512 BB/LM

US • 14 Aug 2021

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Vehicle Details

AI Listing Summary

This 1981 Ferrari 512 BB/LM, chassis number 35527, is a highly developed iteration of Ferrari’s BB/LM racing platform. It was delivered new to Luigi Chinetti’s North American Racing Team and has a rich racing history, including participation in the 24 Hours of Le Mans in 1981 and 1982, with a 9th overall finish in 1982.

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Condition 

8

The car received a complete restoration in late 2017 with nearly $330,000 USD of invoices documenting the work. It has competed in historic races since the restoration and has just under 10 operating hours since the completion of its restoration.

/ 10

35527

1981

Auction

LHD

United States

Not Sold

1981 Ferrari 512 BB/LM

RM Sotheby's • US • 14 Aug 2021

Market Position:

Rare Sale

Track live values and receive listing alerts

Description

Apart from Enzo Ferrari himself, no single person was so critical to Ferrari’s global cachet as Luigi Chinetti.

In 1949, Chinetti earned the marque’s first outright win at the 24 Hours of Le Mans, thereby cementing the reliability and sporting capabilities of Ferrari’s earliest post-war catalog.

That same year, he received Enzo’s blessing to operate as Ferrari’s sole distributor within the United States.

In 1958, Chinetti founded the North American Racing Team (NART), which competed exclusively in the world’s marquee endurance events.

Throughout his career, Chinetti was a tremendous proselytizer for multiple iterations of factory-supported customer racing programs.

The 512 BB/LM offered here is a testament to the last of these programs tied directly to Chinetti prior to NART’s dissolution in late 1982.

DEVELOPING THE 512 BB/LM The genesis of Ferrari’s small series of 512 BB/LM race cars is, rather naturally, due to Luigi Chinetti.

Between 1975 and 1977, NART ran a heavily modifi...

Price Analysis vs Other 512 BB/LMs

£1,669,299

Lowest Price (Since 2020)

£1,669,299

Median Price (Since 2020)

£1,669,299

Highest Price (Since 2020)

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World Record

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Rare Sale

This vehicle comes to market rarely. In auction records we've only seen 2 sold before

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This vehicle is an icon of the game. Any collection would benefit from having one

Previous 512 BB/LM Sales

MOT Information

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Latest MOT mileage:

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MOT History

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MOT Mileage Trend

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Auction House Headquarters

RM Sotheby's

1 Classic Car Drive, Blenheim, Ontario, N0P 1A0, Canada

Operating from Blenheim, Ontario, RM Sotheby's is a physical auction house handling high-end classic, historic competition, and collector cars. They conduct live auctions globally and offer vehicle consignment and private sales.

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