2023 RM Sotheby’s Monterey Sale (Steve McQueen Ferrari 275 GTB/4 Announced)

RM Sotheby’s announced a Steve McQueen 1967 Ferrari 275 GTB/4 by Scaglietti as an early entry for the Monterey 2023 classic car auction.

Steve McQueen 1967 Ferrari 275 GTB/4 by Scaglietti on sale at RM Sotheby's Monterey 2023 auction
Tim Scott ©2023 Courtesy of RM Sotheby’s

One of the first highlights announced for the RM Sotheby’s Monterey 2023 classic car auction is a 1967 Ferrari 275 GTB/4 by Scaglietti that originally belonged to Steve McQueen. The car comes with a hefty estimate of $5,000,000 – $7,000,000 — near double what a similar car without special provenance would sell for. Other cars announced include the 49th of 123 built 1972 Ferrari 365 GTB/4 Daytona Spider by Scaglietti and a Canadian-delivery 2021 Ford GT Heritage Edition.

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.

1962 Ferrari 250 GTO, chassis 3413 GT
Patrick Ernzen © 2018 Courtesy of RM Sotheby’s

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.

Steve McQueen Ferrari Offered at RM Sotheby’s Monterey 2023

Steve McQueen 1967 Ferrari 275 GTB/4 by Scaglietti on sale at RM Sotheby's Monterey 2023 auction
Tim Scott ©2023 Courtesy of RM Sotheby’s

A likely highlight of the RM Sotheby’s Monterey 2023 classic car auction is a 1967 Ferrari 275 GTB/4 by Scaglietti that was delivered new to Hollywood for motoring icon Steve McQueen. He owned this Ferrari for more than four years.

Restored to McQueen’s specifications from 2010 to 2013 by Ferrari Classiche, this desirable late-production example built with long-nose body configuration has been exhibited in Maranello’s Museo Ferrari and at the Villa d’Este Concorso d’Eleganza. The subject of numerous feature magazine articles, it presents a unique opportunity to own an exceptional example of an iconic Ferrari GT with full Ferrari endorsement and unsurpassed Hollywood history.

Vehicles owned by Steve McQueen usually carry a hefty premium. For this 275 GTB/4, RM Sotheby’s estimate is $5,000,000 – $7,000,000, while a similar car on offer at Villa Erba 2023 is expected to earn a more modest €2,700,000 – €3,200,000.

More Early Entries for RM Sotheby’s Monterey 2023

2021 Ford GT Heritage Edition at RM Sotheby's Monterey 2023 sale
Darin Schnabel ©2023 Courtesy of RM Sotheby’s

Two further cars announced for the RM Monterey 2023 classic car auction are:

1972 Ferrari 365 GTB/4 Daytona Spider by Scaglietti – The 49th of 121 examples built, this example is faithfully presented in the original factory color scheme as one of two cars finished in Nero over Beige Scuro color combination. Certified with a Ferrari Classiche Red Book, this beautifully presented example of Maranello’s rare open tourer continues to benefit from a comprehensive restoration completed in 2000, was a platinum Award winner at the 2013 Cavallino Classic, and was presented at the 2018 Salon Privé Concours d’Elegance (Estimate: $2,800,000 – $3,200,000).

2021 Ford GT Heritage Edition – A wonderful homage to the 1966 24 Hours of Daytona-winning #98 Ford GT40 Mk II piloted by legendary drivers Ken Miles and Lloyd Ruby, this 2021 Ford GT is one of just three such Heritage Editions delivered new to Canada. Coveted by many but only owned by a select few, these Heritage Edition GTs were the exclusive purview of Ford’s highest echelon of company VIPs. This one-owner example, having covered fewer than 785 km (~488 mi) at the time of cataloging, offers a fantastic opportunity to acquire one of Ford’s legendary supercars in a rarely seen specification (Estimate: $1,100,000 – $1,500,000).

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’sBroad Arrow, and Mecum.

Monterey Week 2023 Auction Results

Monterey Week 2023 Auction Previews

Monterey Week 2023 Pre-Auction Announcements

Previous Monterey Week Auction Results