Ferrari 330 LM 1962 Officially Breaks The World's Most Expensive Ferrari Record

Ferrari 330 LM 1962. (Doc. rmsofthebys/Instagram)

JAKARTA - The 1962 Ferrari 330 LM auction held by Sotheby's in New York City on Monday, November 13, local time, managed to set record sales as the most expensive Ferrari ever sold in a public auction and the most expensive classic car to sell in the world this year.

As previously reported by VOI, this very special Ferrari has a very colorful history. In 1962, he won and won the second overall position in the 1,000 km Nurburgring event. His car was also runner-up in the 1965 Sicily Hillclimb Championship and was once owned by the Chairman of the Ferrari Club of America.

Bloomberg reported, November 14, that the 1962 Ferrari 330 LM was successfully sold for 51.7 million US dollars or equivalent to Rp800.7 billion.

The selling price was actually worth 47 million US dollars, but the purchase premium of 10 percent made the total price reach 51.7 million US dollars. Despite setting records, the selling price turned out to be lower than Sotheby's initial estimate with more than 60 million US dollars.

"His place in history is undeniable," said Oliver Barker, chairman of Sotheby's Europe, early in the auction, quoted by nationalnews, November 14.

This car was incredible, sold out in less than 20 minutes. The offer started with a figure of 34 million US dollars, and ended when one of the two bidders stopped approaching 47 million US dollars. In this auction process, both, both the car itself and the winner of the auction, are required to be physically available during the auction.

According to data from Classic.com, racing cars with V-12 engines occupy the top position as the most expensive cars sold this year. Ferrari did dominate the auction market, with 12 of the top 15 cars sold with the horseshoe logo.

Ferrari's latest auction price is only lost by Mercedes 300 SLR Uhlenhut Coupe which sold for 135 million euros in 2022. According to the AFP report, this figure is equivalent to 144 million US dollars with the current exchange rate or if converted to Rp2.23 trillion.