$27 million Ferrari breaks auction record for highest price ever paid (Video)

By on Aug 20, 2013 in Amazing, Automobile, United States Comments

A 1967 Ferrari NART Spider was sold for a record $27.5 million at RM Auctions in Monterey, California on Saturday, August 17, 2013. The $27 million Ferrari was considered as highest price ever paid in an auction, not only by the Italian manufacturer but in any auctions as well. A video showing the car is available below.

$27 million Ferrari RM Auctions

1967 Ferrari NART Spider
Credit: RM Auctions Facebook

“With another Monterey car week come to an end, we would like to thank everyone who participated in our auction, as well as everyone who attended any of the great events that happened over the past week in Monterey to support this great hobby.” A statement reads at the official Facebook page of RM Auctions. The identity of the buyer was not revealed.

“We are very proud of the successful and record-breaking sale of the Ferrari NART Spider, shown here, which became the most valuable road car ever sold at auction with its $27.5M sale.” RM Auctions added, with the sold car being one of only 10 Ferrari 275 GTB/4 NART Spider manufactured and was initially painted metallic blue.

The rare car Ferrari Spider, which was only one of among the many cars sold in that auction, was originally owned by National Wholesale Company founder, Eddie Smith Jr., who noted that the proceeds of the sale will go to charity but did not mention the name of the organization.

“In my mind it’s sort of been imprisoned for those six years.” Smith was quoted at CNN Money, adding that he decided to sell the rare car because he want it to be seen and enjoyed, and that he was amazed with the reactions from the public when it was displayed at a recent event for Ferrari owners in Georgia.

1967 Ferrari N.A.R.T. Spider
Credit: RMAuctionsInc/YouTube

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