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$27 Million Ferrari Sold for Charity

A 1967 Ferrari convertible model was sold at RM Auctions for record price of $27.5 million in Monterey, California on Saturday, August 17th. All proceedings will go to different charities.

Aug 20 2013, 7:54am CDT | by

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$27 Million Ferrari Sold for Charity
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$27 Million Ferrari Sold for Charity

NART Spyder's 1967 Ferrari model 275 GTB/4*S has become the most paid car at auction in United States. It beats others by a huge margin as 1997 McLaren F1 roadster was sold for $8.5 million at Gooding & Co. Eddie Smith Jr. was the owner of the 1967 Ferrari, said the all paid amount will go to different charitable organizations. His father bought this car in 1968 for $14,500. The Smith family has spent almost 45 years with this car. Now the car is being sold but for a good purpose.

According to a U.K. car dealer John Collins, “The NART Spyder is a very special car." A Talacrest dealership, Collins told Bloomberg , “They’re so rare. They’re among the most beautiful of all Ferraris. Some of the biggest collectors in the world own one, and Steve McQueen tried to buy this one after he crashed his.” 

 

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