RM Sotheby’s announced an amazing barn find collection of 20 vintage Ferraris including a 500 Mondial Spider wreck for sale at the Monterey 2023 auction.
A remarkable collection of 20 vintage Ferraris is heading for the RM Sotheby’s Monterey 2023 classic car auction. The cars are grouped in The Lost and Found Collection, as the 20 Ferraris were damaged in 2004 when Hurricane Charley wreaked havoc on the Florida coast. The cars remained unrestored since in Indianapolis and all will require some work to return to the road. The cars include amongst others the 1965 Ferrari 275 GTB/6C Alloy by Scaglietti (Estimate: $2,000,000 – $2,500,000) that raced at Targa Florio, a 1978 Ferrari 512 BB Competizione (Estimate: $1,800,000 – $2,800,000) raced by Luigi Chinetti SNART at Le Mans, and a one-of-four 1956 Ferrari 250 GT Coupe Speciale by Pinin Farina (Estimate: $1,700,000 – $2,300,000) originally owned by the King of Morocco. The wreck of the 1954 Ferrari 500 Mondial Spider Series I by Pinin Farina (Estimate: $1,200,000 – $1,600,000) is a “prime candidate for an intriguing restoration project”.
See also: 2023 RM Sotheby’s Monterey Sale “Lost and Found Collection” Ferrari Results.
RM Sotheby’s Monterey 2023 Classic Car Auction
RM Sotheby’s flagship Monterey classic car auction during the annual Monterey / Pebble Beach motoring week: 17 to 19 August 2023 at the Monterey Conference Center in California, USA.
The Monterey sale is traditionally the most important car auction of the year:
- In 2023, RM Sotheby’s achieved $164 million with an 86% sell-through rate and selling 45 million-dollar cars.
- In 2022, RM Sotheby’s set a new auction total record of $239,258,340 selling 52 cars for over a million dollar and a 95% sell-through rate.
- In 2021, RM Sotheby’s earned $148.5 million at Monterey selling 43 cars for over a million dollar and an impressive 90% sell-through rate.
- RM Sotheby’s earned $30,412,810 from the Shift / Monterey 2020 online-only sale.
- In 2019, RM Sotheby’s earned $107 million, in 2018 $158 million (including $48,405,000 for the most expensive car ever sold at a Monterey auction, a 1962 Ferrari 250 GTO), in 2017 $133 million, and in 2016 $173 million.
Barn Find Ferrari Collection at RM Sotheby’s Monterey 2023
Twenty Ferraris, termed as The Lost & Found Collection, are heading to the RM Sotheby’s Monterey 2023 classic car auction. At first glance, an unsuspecting observer would never fathom that some of these lost Ferraris have graced the world’s most famous races, such as Le Mans, the Targa Florio, and the Mille Miglia. Nor would they suspect that a Ferrari once owned by royalty rests silently in the heart of Indiana.
In 2004, Hurricane Charley wreaked havoc along the coast of Florida, causing widespread damage and exposing the forgotten Ferraris to the sunlight for the first time since 1990 when the barn they called home partially collapsed. Bearing the scars of debris from their dilapidated enclosure, the Ferraris were carefully relocated to a secure warehouse in Indianapolis, where they have since remained undisturbed.
The Lost & Found Collection of Barn Find Ferraris at RM Sotheby’s Monterey 2023
The 20 Ferrais from The Lost & Found Collection heading to the RM Sotheby’s Monterey 2023 classic car auction are:
- 1978 Ferrari 512 BB Competizione
- 1965 Ferrari 275 GTB/6C Alloy by Scaglietti
- 1956 Ferrari 250 GT Coupe Speciale by Pinin Farina
- 1956 Ferrari 410 Superamerica Coupe Series I by Pinin Farina
- 1967 Ferrari 330 GTS by Pininfarina
- 1954 Ferrari 500 Mondial Spider Series I by Pinin Farina
- 1965 Ferrari 275 GTS by Pininfarina
- 1964 Ferrari 250 GT/L Berlinetta Lusso by Scaglietti
- 1971 Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti
- 1972 Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti
- 1968 Ferrari Dino 206 GT by Scaglietti
- 1960 Ferrari 250 GT Coupe Series II by Pinin Farina
- 1972 Ferrari 365 GTC/4 by Pininfarina
- 1966 Ferrari 330 GT 2+2 Series II by Pininfarina
- 1976 Ferrari 308 GTB ‘Vetroresina’ by Scaglietti
- 1969 Ferrari 365 GT 2+2 by Pininfarina
- 1965 Ferrari 330 GT 2+2 Series I ‘Interim’ by Pininfarina
- 1980 Ferrari 512 BB
- 1991 Ferrari Testarossa
- 1977 Ferrari 400 Automatic
Highlights from The Lost & Found Collection
Arguably, the four most interesting cars of The Lost and Found Collection on offer at RM Sotheby’s Monterey 2023 are:
1956 Ferrari 250 GT Coupe Speciale by Pinin Farina – One of four 250 GT Coupes built by Pinin Farina in 1956 with Superamerica-style coachwork, this car was sold brand new by the factory to its first owner, King Mohamed V of Morocco. Traces of its breathtaking original color combination of Celeste with a Nero roof over a Naturale Connoly leather interior, as well as the presence of its numbers-matching V-12, make this Speciale a tantalizing restoration candidate (Estimate: $1,700,000 – $2,300,000).
1965 Ferrari 275 GTB/6C Alloy by Scaglietti – Making its debut on the Ferrari stand at the XLVII Torino Motor Show, this 275 GTB participated in the 1966 Targa Florio with Luciano Conti (publisher of Italy’s Autosprint magazine) and co-driver Vittorio Venturi. Notably, this was the first “long-nose” 275 GTB to be fitted with a low-weight alloy body and six carburetors (Estimate: $2,000,000 – $2,500,000).
1978 Ferrari 512 BB Competizione – This Ferrari 512 BB Competizione is one of three factory-specified examples prepared for the 1978 24 Hours of Le Mans. Entered by Luigi Chinetti Sr./ NART as race #87 and driven by Jacques Guérin, Jean-Pierre Delaunay, and Gregg Young, the car managed an impressive showing, completing over 19 hours and 232 laps before retirement. Appearing largely as it did when it left the Circuit de la Sarthe, this Ferrari boasts a short ownership chain of just two private caretakers (Estimate: $1,800,000 – $2,800,000).
1954 Ferrari 500 Mondial Spider Series I by Pinin Farina – If an automobile could talk, the weathered chassis of this Ferrari 500 Mondial would have an incredible story to tell—in no small part because it has the most extensive racing history of the 20 cars offered. Originally clothed in Pinin Farina Spider coachwork, it was sold new to Scuderia Guastalla principal Franco Cornacchia for the use of ex-Scuderia Ferrari driver Franco Cortese. Significantly, Cortese and co-driver Perruchini achieved 4th in class (14th overall) at the 1954 Mille Miglia. Subsequently rebodied by Scaglietti, further notable races include a Benzoni-Naust effort at the 1956 Targa Florio (Estimate: $1,200,000 – $1,600,000).
Monterey Week 2023 Classic Car Auctions
Top classic car auctioneers with sales during Monterey Week 2023 include Gooding (Pebble Beach), Bonhams (Quail Lodge), RM Sotheby’s, Broad Arrow, and Mecum.
Monterey Week 2023 Auction Results
- Top Ten Monterey Week Auction Results
- Bonhams: Quail Lodge Sale Results, 1967 Ferrari 412P
- Gooding: Pebble Beach Sale Results
- Mecum: Monterey Sale Results
- RM Sotheby’s: Monterey Sale Results, Lost & Found Ferrari Results
Monterey Week 2023 Auction Previews
Monterey Week 2023 Pre-Auction Announcements
- Bonhams: 1967 Ferrari 412P Berlinetta
- Gooding: 1933 Bugatti Type 55 Roadster
- Gooding: Top Ten Ferraris (including a 250 GT SWB Berlinetta)
- Gooding: Top American Brass-Era Cars (including a Simplex and Mercer)
- RM Sotheby’s: Top Ten Ferraris (including a 250 LM and California Spider)
- RM Sotheby’s: The Lost and Found Collection of 20 Ferraris
- RM Sotheby’s: Steve McQeen’s 1967 Ferrari 275 GTB/4
- RM Sotheby’s: 1938 BMW 328 ‘Special Competition’ Roadster
Previous Monterey Week Auction Results