Rare Ferrari sells for £8.4m
Works racer driven by Ascari, Farina and Hawthorn sold in Italy amongst other exotics…
Posted: 28 May 2013
Do bear with us, because far from being yet Another Ferrari That Sold For Millions At An Auction, this one is rather special. Yes, it was disqualified from Le Mans and registered a DNF at Spa in 1953, but it still managed a 1st placed finish at the 12 Hours of Pescara and Circuit of Guadeloupe later that year, and helped Ferrari take the 1953 manufacturer's championship.
Oh, and it was driven by no less than three Formula One world champions: Mike Hawthorn (1958 champion), Alberto Ascari (1952/1953 champ) and Pininfarina's nephew Nino Farina, who was the first ever Formula One world champion (1950).
Just last weekend, in Italy, this Ferrari 340/375 MM sold for an astonishing £8.4m - €9,856,000. Woah.
It was part of a spectacular sale totalling upwards of €27m, and is a very special bit of machinery. Originally built with a 4.1-litre V12 - later bored out to 4.5 - it started out with those disappointments in the racing season. But, it came back at Pescara as mentioned, and was one of five Ferraris entered into the Carrera Panamericana - where Enzo showcased the 375s to an American audience.
During that race, we're told Umberto Maglioli's 375 lost a rear wheel, so he hopped into the 375 above, hauled it into 6th place and managed to record an average speed of 138mph for 223 miles, setting a public road stage record that apparently hasn't been broken since. That's quite indecently quick.
This particular 340/375 then led a charmed life following the '53 racing season, moving from the States to Blighty, and has been restored and showcased at numerous events. It now wears the same livery as it did at Le Mans all those years ago.
RM Auctions hosted the sale, and told us this 340/375 MM is the "only known Ferrari works racing car to have been driven by three world champions", so the lucky owner will share buttock space with proper F1 legends. Sweaty buttock space, probably, considering the car's racing provenance.
Elsewhere in the sale you'll find the usual - but lovely - suspects: Enzo, 288 GTO, F40, 300 SL, 599XX, 250 GT and a Miura. Have a click through the gallery and let us know your favourite in the handy space below.