This 1957 Ferrari 250 Testa Rossa became the most expensive car ever sold at auction this past weekend, fetching even more than the record setting 1961 California Spyder that sold at Ferrari’s Legenda E Passione for almost $11 Million about this time last year. The 250 “red head” was produced from 1957 to 1958 and the Italian automaker produced the vehicle in limited numbers, 22 to be exact. When this black and red Ferrari crossed the R&M auction block wearing the numbers 124, the final bid stood at 9,020,000 Euro (about $12 Million).

According to the Managing Director of R&M Auctions Europe, Max Girardo, “the legendary 250 Testa Rossa was one of the most exciting motor cars ever to be presented in auction history." This particular prancing horse has the longest documented racing history of any Italian stallion and was driven by classic racing drivers like the American Formula One Champion Phil Hill, Englishman Peter Collins and even the 1961 German Sportsman of the Year, Wolfgang von Trips.

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