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£2.21m

1954 Ferrari 500 Mondial Spider by Pinin Farina

RM Sotheby's • US • 18 Aug 2024

Market Position:

Mid-Market

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£2,205,850

1954 Ferrari 500 Mondial Spider by Pinin Farina

US • 18 Aug 2024

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Vehicle Details

AI Listing Summary

This is a 1954 Ferrari 500 Mondial Spider by Pinin Farina, chassis number 0408 MD, with a rich racing history including the Mille Miglia and Swedish competitions. It was restored to its original configuration after a period with a different body and is now equipped with a replacement engine, though the original, numbers-matching engine is included.

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Condition 

7

While restored to its original Pinin Farina Spider configuration, the car has a replacement engine currently installed (Hall & Hall 3-liter engine built in 2019), a reproduction rear axle, and a reproduction fuel tank. The original engine accompanies the car separately, and the restoration work by Bachelli & Villa is noted, it isn't in its original condition.

/ 10

Manual

LHD

United States

0408 MD

1954

Auction

£2.21m

1954 Ferrari 500 Mondial Spider by Pinin Farina

RM Sotheby's • US • 18 Aug 2024

Market Position:

Mid-Market

Track live values and receive listing alerts

Description

THE 500 MONDIAL During Formula Two competition in 1950, Enzo Ferrari was startled to notice that the four-cylinder cars from other marques were nipping at the heels of his V-12-powered steeds.

Ferrari assigned Aurelio Lampredi to develop a four-cylinder motor.

By late 1951 Lampredi’s new naturally aspirated 2-liter inline-four-cylinder engine was being tested in monoposto form, with very promising results.

Featuring dry-sump lubrication, the new Tipo 500 engine was ignited by dual sparkplugs powered by twin magnetos and fed by two twin-choke Weber carburetors, combining to develop an impressive 170 horsepower—an improvement of 15 horsepower over the outgoing Tipo 166.

Under new FIA rules, Scuderia Ferrari driver Alberto Ascari secured consecutive championships in 1952 and 1953, solidifying Maranello’s newfound dominance in motorsport.

The success of the Lampredi inline-four spurred the factory to experiment with various chassis and displacement combinations, and in early 1954 Mara...

Price Analysis vs Other 500 Mondials

£1,504,329

Lowest Price (Since 2020)

£1,959,719

Median Price (Since 2020)

£3,205,225

Highest Price (Since 2020)

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World Record

If this vehicle sells at the mid-point of its estimate it will set a new world record for the [enter model]

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Mid-Market

Compared to previous sales, the sale price placed this vehicle in the mid-market for the 500 Mondial.

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Lowest Price

If this vehicle sells at the mid-point of its estimate it will be the lowest price we've seen for the [enter model]

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Average Price

Compared to historical records, the sale price placed this vehicle squarely in the mid-market for the 500 Mondial.

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Rare Sale

This vehicle comes to market rarely. In auction records we've only seen [enter number] sold before

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Previous 500 Mondial Sales

MOT Information

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MOT History

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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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