Ferrari has a great history with the 24 Hours of Le Mans, the manufacturer from Maranello had its time dominating the Le Mans event in the 50s and 60s. However, all dominations came to an end and it was in 1965 that Ferrari won the last time the 24 Hours of Le Mans with a Ferrari 250 LM. One of the very rare examples of Ferrari 250 LM will be present at the next Retromobile show from February 1 to 5, 2023.
Brief historical review
This real nugget will be put up for sale by the Artcurial auction house under the direction of auctioneer Hervé Poulain. A highly anticipated sale since this model is crucial for Ferrari. Indeed, the Ferrari 250 LM held its head high against the Ford GT40s that came to do battle on the Le Mans track. Drivers Masten Gregory and Jochen Rindt secured the last of Ferrari’s 9 victories at Le Mans.
For this, the Ferrari 250 LM inaugurates for the first time an architecture with a V12 engine in the rear central position. The slender design that seems to cut through the air is signed by Scaglietti. However, she did not know the fate that Enzo Ferrari had prepared for her. Indeed, the Commendatore wanted to register this 250 LM in the GT category and have it take over from the 250 GTO. However, to homologate a car in GT, it was necessary to produce at least 100 copies. A requirement that Ferrari was never able to meet and the 250 LM, with only 32 examples produced, found itself in the prototype category with much more powerful vehicles such as the Ford GT40 and its 7-litre V8 engine.
Chassis 10 of 32 on sale
The copy present at the Artcurial sale at Rétromobile is not the victorious one at Le Mans but it is chassis number 10 out of the 32 produced. And of these 32 copies produced, most suffered the pangs caused by use on the circuit and in competition, which is not the case for this number 10 chassis which has always remained in the delicate hands of individuals and collectors. It simply served as a reserve car for the 1966 edition of the 24 Hours of Daytona.
Its first owner was an American named Raymond John Augusterfer living in Philadelphia, followed by a busy life of changing owners in the United States. It was in 1995 that Massimo Ferragamo, son of the founder of the haute couture brand, bought this example during the Ferrari of San Francisco sale for the sum of $1,600,000. He will then resell it to Geneva’s Mody Enav, who entrusts it to the specialist DK Enginereed in England for a complete and original restoration. In 2002, Jean Guikas bought the car before selling it to its current owner in 2003. Since its restoration, it has only covered 2,000 km, so it is in perfect condition.
Its 3.3-litre V12 engine produced 300 horsepower on the dyno after its restoration, a healthy engine for one of the only two examples not to have raced.
The sale of this copy comes 60 years after the launch of the 250 LM, a whole symbolism and by the history of the model, its condition and the fact that it is one of the few to have never raced, its price should soar. Artcurial does not communicate the estimate but it could easily exceed 10 million euros.
This rare car will be visible at the Retromobile show which is being held from February 1 to 5 at the Parc des expositions de la Porte de Versailles.