Ferrari 250 GT LWB California Sets New Auction Record

Monterey Car Week auctioneers seem to be having a highly successful time this year! First we hear that a new American record has been set with an authentic lightweight Ford GT40, now we have the news that a Ferrari 250 GT LWB California has set an all-time high price. The car in question is a 1960 Ferrari 250 GT LWB California Spider Competizione, one of nine alloy-bodied LWB California Spiders. It sold for $11,275,000.

It was part of the Gooding & Co sale last night. Among other high grossing lots was a Jay Kay’s 1955 Maserati A6G/2000 Berlinetta which sold for $1,650,000, a 1928 Bentley 4 1/2 Litre Le Mans Sports “Bobtail” which went for $6,050,000 and a 1929 Duesenberg Model J Dual Cowl Phaeton “Blue J” which reached $1.98 million. One of the best results of the night was Jay Leno’s 2012 Fiat 500 “Prima Edizione” which sold for $350,000. All proceeds from the Fiat 500 sale will be going towards the Fisher House Foundation. Even a Bugatti Veyron sold for $1,182,500.

The Ferrari 250 GT LWB California that heads the bill features a 2,953 CC SOHC Tipo 168 V-12 Engine producing 270hp at 7,000rpm. It was delivered new with competition specifications, disc brakes and covered headlights. It’s chassis number 1639 GT. It has a distinguished concours history having won plenty of awards in its time. It was previously owned by Sherman M. Wolf, a Ferrari collector.

All prices are excluding auctioneers fees!