Home » Featured » Classic 1960 Ferrari California 250 LWB Spider Competizione fetches $11 mn
Classic 1960 Ferrari California 250 LWB Spider Competizione fetches $11 mn
Posted by: admin
august 26, 2012 |
by: Mita Mukherjee
One the depressing factors about the stunning cars that awe us all the time is that they become depreciating, a medium of losing money as the time passes by. But some of the Ferrari’s classic models have broken the barriers and has overcome this aspect.
A rare 1960 Ferrari California 250 LWB Spider Competizione was bought for an astounding US $ 11 million (Euro 8.9 million) over the weekend at Pebble Beach in California. The staggering amount has the capacity to buy fifty Lamborghini Aventador LP700-4 or even more than that. The prized possessor of this classic Ferrari remains unnamed.
This spectacular beauty is an exceptionally rare model. It comes from Shermon M. Wolf collection and has been built only nine times in all these years and that too for the purpose of certain competitions. In 1979 Mr. Shermon M. Wolf bought the 1960 Ferrari from its first owner and remained a przed owner of the classic until last weekend.
A 340 MM Spider, also exchanged hands, at the same auction, for close to US $ 4.5 million or Euro 3.7 million along with the 1985 288 GTO that sold for US $ 1 million or Euro 810,000.