Rare Ferrari sets $16m auction record – Hot Car

A RARE Ferrari has set a world record for the most expensive car sold at auction, with an anonymous buyer ignoring the global recession by paying €9.02 million ($A16.2 million) for a 1957 250 Testa Rossa.

This beats the previous world record – set at the same event at Ferrari’s Maranello factory a year ago – of €7.04m ($A12.4m) for a 1961 California paid by celebrity DJ Chris Evans.

The new auction record was posted on Sunday at the third annual factory-sanctioned Ferrari Leggenda e Passione event held by RM Auctions, which would not reveal the identity of the winning phone bidder.

http://www.theautoabc.com/ provides the latest Ferrari reviews and pictures.

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