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Not Sold (Est: £5m - £6.67m)

1953 Ferrari 340 MM Spider by Vignale

RM Sotheby's • Monaco • 14 May 2022

Market Position:

Rare Sale

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Not Sold (Est: £5,004,900 - £6,673,200)

1953 Ferrari 340 MM Spider by Vignale

Monaco • 14 May 2022

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Vehicle Details

AI Listing Summary

This 1953 Ferrari 340 MM Spider by Vignale, chassis number 0350 AM, is the last of ten built and one of only four surviving examples. It was originally owned by Sterling Edwards and has a successful racing history, including a victory at the 1954 Pebble Beach Road Races. The car is matching numbers and has a well-documented provenance.

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Condition 

8

The car has been restored to its original color scheme and has been well-maintained throughout its life. It has won awards at Pebble Beach and has been featured in Cavallino magazine. It comes with its original engine and has a well-documented history.

/ 10

Manual

LHD

Monaco

0350 AM

1953

Auction

Not Sold (Est: £5m - £6.67m)

1953 Ferrari 340 MM Spider by Vignale

RM Sotheby's • Monaco • 14 May 2022

Market Position:

Rare Sale

Track live values and receive listing alerts

Description

The Rise of Lampredi’s Long-Block V-12 As the 1949 Grand Prix season approached, Ferrari found itself challenged by a growing trend in the competition: the use of supercharged small-displacement engines.

While these high-revving blown motors had proven to be successful, they required such constant maintenance and were so susceptible to failure that Enzo Ferrari was not convinced of the design’s viability in endurance events.

Gioacchino Colombo, Maranello’s chief engineer, was in favour of following this trend, and suggested a supercharged version of his tried-and-true V-12.

But junior engineer Aurelio Lampredi had a different idea.

He proposed taking advantage of the racing formula by using a naturally aspirated large-displacement engine, and he drew up plans for a completely different architecture that utilised a longer and taller block, single intake porting, and twin ignition.

Initially displacing 3.3 litres, this engine found great success in Formula 1 racing, catalysing Colom...

Price Analysis vs Other 340 MMs

£1,579,809

Lowest Price (All Time)

£2,304,328

Median Price (All Time)

£3,028,846

Highest Price (All Time)

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World Record

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Average Price

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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 340 MM 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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Sold | Gooding & Co

1953 Ferrari 340 MM Spider

United States • 17th Aug '12

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Sold | RM Sotheby's

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Italy • 20th May '07

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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