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£29.16m (Est: £20.85m)

1964 Ferrari 250 LM by Scaglietti

RM Sotheby's • France • 5 Feb 2025

Market Position:

World Record

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£29,159,680 (Est: £20,853,750)

1964 Ferrari 250 LM by Scaglietti

France • 5 Feb 2025

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Vehicle Details

AI Listing Summary

This 1965 Ferrari 250 LM is a historically significant vehicle, having won the 1965 24 Hours of Le Mans. It is the only privateer-entered Ferrari to achieve this feat and one of only 32 examples built, making it a highly desirable and valuable collector's item, especially considering its matching-numbers engine and gearbox.

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Condition 

8

The car is described as highly preserved and original, retaining its matching-numbers engine and gearbox. It has been carefully conserved for 54 years by the Indianapolis Motor Speedway (IMS) Museum. This suggests a condition rating of Excellent (8) due to its well-maintained state and originality, with minimal cosmetic imperfections expected for its age, but still potentially requiring some minor reconditioning to bring it to a higher standard.

/ 10

5893

France

1964

Auction

£29.16m (Est: £20.85m)

1964 Ferrari 250 LM by Scaglietti

RM Sotheby's • France • 5 Feb 2025

Market Position:

World Record

Track live values and receive listing alerts

Description

The overall winner of the 1965 24 Hours of Le Mans, piloted by noted racing drivers Masten Gregory and Jochen Rindt on behalf of the North American Racing Team (NART)—sealing the major milestone of six consecutive Ferrari victories at Le Mans The only privateer-entered Ferrari to ever win the 24 Hours of Le Mans overall The 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 Displayed by Luigi Chinetti Motors/NART at the 1967 New York Automobile Show Highly preserved and original example, retaining its matching-numbers engine and gearbox Offered from 54 years of careful conservancy by the Indianapolis Motor Speedway (IMS) Museum following its purchase from Chinetti Motors a few months after completing the 24 Hours of Daytona in February 1970 Documented with copies of 1965, 1968, and 1969 Le Mans papers, copies of paperwork from Luigi Chinetti’s ownership, 1970 purchase...

Price Analysis vs Other 250 LMs

£13,535,317

Lowest Price (Since 2020)

£21,347,499

Median Price (Since 2020)

£29,159,680

Highest Price (Since 2020)

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World Record

This vehicle has set a new record for the 250 LM

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Top X%

The mid-point of the vehicle's estimate places it in the top [X]% of sold prices we've seen for the [enter model]

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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

The mid-point of the vehicle's estimate places it near the average price we see for the [enter model]

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Rare Sale

This vehicle comes to market rarely. In auction records we've only seen 8 sold before

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Icon

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

Previous 250 LM Sales

MOT Information

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Latest MOT mileage:

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MOT History

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MOT Mileage Trend

Gallery

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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.

Insurance

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