2022 RM Sotheby’s Monterey Sale (Ferrari 410 Sport Spider Announced)

A 1955 Ferrari 410 Sport Spider by Scaglietti, estimate $25,000,000 – $30,000,000, was announced for the RM Sotheby’s Monterey classic car auction in California in August 2022.

NOTE: The 1955 Ferrari 410 Sport Spider sold for $22,005,000 at the RM Sotheby’s Monterey 2022 sale.

Facing left quarter 1955 Ferrari 410 Sport Spider on sale in the RM Sotheby's Monterey 2022 classic car auction
Patrick Ernzen ©2022 Courtesy of RM Sotheby’s

A 1955 Ferrari 410 Sport Spider by Scaglietti raced by amongst others Juan Manuel Fangio, Phil Hill, and Carroll Shelby is the lead car announced for the RM Sotheby’s Monterey 2022 classic car auction. This highly original 410 Sport Spider retains the matching-numbers engine, chassis, and body, and is fitted with the original fuel tank inscribed by Carroll Shelby “Mr. Ferrari told me that this was the best Ferrari he ever built”. Shelby won more races in this Ferrari than in any other car. The 410 was entered into 40 races, won 11, and achieved podium finishes 19 times. With an estimate of $25,000,000 to $30,000,000, it is the most expensive car thus far announced for any auction during Monterey Motor Week 2022.

RM Sotheby’s Monterey 2022 Classic Car Auction

RM Sotheby’s flagship Monterey classic car auction during the annual Monterey / Pebble Beach motoring week: 18, 19 & 20 August 2022 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 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 auction, a 1962 Ferrari 250 GTO, and in 2017 $133 million.
  • RM Sotheby’s three-day Monterey 2016 auction remains the highest-grossing classic car auction ever with $173 million earned and 35 million-dollar cars sold.

1955 Ferrari 410 Sport Spider at RM Sotheby’s Monterey 2022

Side profile 1955 Ferrari 410 Sport Spider on sale in the RM Sotheby's Monterey 2022 classic car auction
Patrick Ernzen ©2022 Courtesy of RM Sotheby’s

The 1955 Ferrari 410 Sport Spider by Scaglietti, chassis 0598 CM, (Estimate: $25,000,000 – $30,000,000), is one of just two factory-campaigned 410 Sports equipped with a 24-spark plug 4.9-liter V-12 and is one of a select few Ferrari models with coachwork both designed and built by Sergio Scaglietti.

Cockpit of the 1955 Ferrari 410 Sport Spider on sale in the RM Sotheby's Monterey 2022 classic car auction
Patrick Ernzen ©2022 Courtesy of RM Sotheby’s

0598 CM was the Scuderia Ferrari team car driven by Juan Manuel Fangio at the 1956 1000 KM Buenos Aires and later piloted by Carroll Shelby during his landmark 1956 and 1957 seasons when driving for the renowned Southern California-based team principal John Edgar. Shelby won more races as a driver in 0598 CM than any other car in his racing career, with eight wins and ten podium finishes. There seemed to be no race it could not win as Shelby told a Los Angeles Times reporter, “Nothing can touch this Ferrari if it runs” and decades later he added, “It was the best Ferrari I ever drove.”

Rear three quarters 1955 Ferrari 410 Sport Spider on sale in the RM Sotheby's Monterey 2022 classic car auction
Patrick Ernzen ©2022 Courtesy of RM Sotheby’s

Also raced in-period by legendary drivers Phil Hill, Eugenio Castellotti, Masten Gregory, Richie Ginther, Joakim Bonnier, Bruce Kessler, Jim Rathmann, and Chuck Daigh, 0598 CM is one of the most important and colorful Ferraris to compete in racing during the 1950s. It is among the most successful of all even-numbered sports-racing Ferraris, entering nearly 40 races in-period with 11 victories and 19 total podium finishes from 1956-1958.

Best Ferrari Ever Built

As it remains a highly original example retaining the matching-numbers engine, chassis, and body, and fitted with the original fuel tank inscribed by Shelby, “Mr. Ferrari told me that this was the best Ferrari he ever built,” this example offers an unparalleled opportunity to acquire a purpose-built, even chassis-numbered racing sports car of unequaled provenance. Faithfully presented in its period livery and desirably maintained, including the recent engine rebuild by a team of Ferrari experts, this 410 Sport can expect an enthusiastic welcome at the most exclusive vintage racing and exhibition events worldwide.

Facing right 1955 Ferrari 410 Sport Spider on sale in the RM Sotheby's Monterey 2022 classic car auction
Patrick Ernzen ©2022 Courtesy of RM Sotheby’s

The 1955 Ferrari 410 Sport Spider is accompanied by the first (1956) and last (1958) trophies won by Shelby driving 0598 CM, along with the original 1957 Nassau racing license plate.

Most-Expensive Ferrari Ever

1957 Ferrari 335 Sport at Auction
© Artcurial

If the 1955 Ferrari 410 Sport Spider sells within estimate, it will join the exclusive club of 14 cars that have ever sold for over $20 million (nominal) at public auction. However, it is unlikely to set a new marque record.

The most expensive Ferrari ever is the 1962 Ferrari 250 GTO that achieved $48,405,000 at the RM Sotheby’s Monterey 2018 classic car auction. Another 1962-3 Ferrari 250 GTO sold for $38,115,000 at the Bonhams Quail Lodge auction in 2014.

The most expensive Ferrari racing car (even numbers chassis) is the 1957 Ferrari 315 / 335 S, a works racer that sold for €32,075,200 ($35,711,359) at the Artcurial Paris Rétromobile 2016 sale.

Monterey Week 2022 Classic Car Auctions

Top classic car auctioneers with sales during Monterey Week 2022 include Gooding (Pebble Beach), Bonhams (Quail Lodge), RM Sotheby’s, Broad Arrow, and Mecum.

Monterey Week 2022 Auction Results:

Monterey Week 2022 Auction Previews:

Monterey Week 2022 Pre-Auction Announcements

Previous Monterey Week Auction Results