SALE OF HISTORIC FERRARIS AT FERRARI FACTORY

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SALE OF HISTORIC FERRARIS AT FERRARI FACTORYRM Auctions in association with Sotheby's will return an unprecedented collection of factory-certified Ferrari sports and racing cars to their native birthplace in Maranello, Italy for RM Auctions’ “Leggenda e Passione” auction event on Sunday, May 20, 2007. This first European sale of North America’s leading classic car auction house and restoration company will feature significant automobiles from Ferrari’s sixty-year history of producing the world’s finest sports and racing cars. The one-day auction will also highlight more than 100 lots of important racing memorabilia from Ferrari’s own archives. Canadian-based RM auctions has recently established operations in Europe with offices in New Bond Street, London, UK. This high profile location is a result of the exclusive relationship with international auction house Sotheby’s. This expansion supports the development of RM’s global initiatives and the extension of sales, acquisitions and restoration services to clients across the Americas and Europe. One of the highlights of the May 20 auction is undoubtedly going to be the 1962 Ferrari 330 TRI/LM Testa Rossa. The only 4-litre Testa Rossa built, it also is the last Testa Rossa built by Ferrari. Driven to victory by the incomparable endurance racing pairing of Phil Hill and Olivier Gendebien, it is the last front-engined car ever to capture the overall victory at Le Mans, the Hill/Gendebien team’s epic third Le Mans win. Its provenance is impeccably documented. It is incomparable and absolutely unique. (Est. $8,000,000 - $10,000,000 U.S.) The 1970 Ferrari 512 S (Chassis 1006) offered at this sale was raced by Luigi Chinetti’s N.A.R.T. (North American Racing Team) twice at Sebring, in Buenos Aires, Le Mans, as well as in two CanAm races. In 1971 at the gruelling 24-Hours of Daytona, the car placed an admirable second. Race marque experts have called this 512 S “one of the most original and unmolested examples in existence”. (Est. $2,500,000 - $3,000,000 U.S.) 1953 Ferrari 340MM (Chassis 0268) – the most powerful Ferrari of its time, with a 4.1 litre, 300 bhp V-12 beneath its signature coachwork. Of the 10 built, only two were configured as Touring Spyders and this one is the only survivor with original bodywork. Originally a factory team entrant in the 1953 Mille Miglia and winner at Montlhéry, chassis 0268 was later restored in the 1980s by Charles C. Jones, after which it spent several years in Briggs Cunningham’s museum in California. It was a participant in the 1996 Mille Miglia and invited to Pebble Beach in 2005. (Est. $2,700,000 - $3,200,000 U.S.) 1966 Ferrari Dino 206 SP (Chassis 008) - retains its original 2 litre V-6 engine, gearbox and bodywork and has been restored mechanically and cosmetically to the highest degree. Its well-documented history includes ownership and entries by both SEFAC Ferrari and N.A.R.T., as well as an impressive roster of drivers from the greatest age of sports car and sports prototype racing: Bondurant, Vaccarella, Ginther, Rodriguez, Kolb, Follmer, Schlesser, Gregory and Peter Gregg. (Est. $2,200,000 - $2,700,000 U.S.) 1997 Ferrari F310B Formula One - Chassis 175, the ex-Michael Schumacher, Monaco and Spa winning example is one of the most important of all the Scuderia Ferrari Formula 1 race cars. Fabulously presented and recently track tested, this historic example has been part of two important U.S. collections since its retirement and is offered for sale for the first time in many years. (Est. $1,000,000 - $1,400,000 U.S.) Max Girardo, managing director of RM Auctions’ new London-based European division remarks, “This auction represents a milestone in RM’s continued success in the international world of vintage automobiles. We are honoured to share this important and historic event during the 60th anniversary of the legendary Ferrari marque.” Entries are still available for this event, and collectors are invited to contact RM Auctions Inc. for a confidential market appraisal and consignment information.Tags: