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1957 Ferrari Testa Rossa Becomes Britain's Most Expensive Car

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Another day, another Ferrari 250 sets a sales record. This latest record-setting Ferrari is a 250 Testa Rossa, and it changed hands for what the Daily Mail is reporting as £24,000,000 — that equates to about $39 million.

At that price, it exceeds the previous record of £22.5 million set in 2012 by a 250 GTO, and it triples the price paid for a 1957 Testa Rossa in 2009 . That 2009 sale was also a record.

What separates this Testa Rossa from its brethren to demand such a price? Pedigree, fame and its immaculate condition all came together to make this a very valuable car.

The car itself is Chassis 0704, and it is actually a prototype that was created before the limited run of “normal” 250 Testa Rossas. F1 World Champion Phil Hill helped to pilot this exact car to race wins in the in the 1,000 km (683.5-mile) Buenos Aires and 12 Hour Sebring races. It has contested many other races, including two entrances into the 24 Hours of Le Mans. That gives this particular car one of the best racing heritages of any Ferrari still in existence in the private market.

Even with such a long racing heritage, the car is completely original and unmolested. It has all the battle scars of wheel-to-wheel action, but it has very little actual damage to any of the body panels, and the interior looks incredible for a 57-year-old car.

The new owner of the car has not been released, but if you want more info and images of this incredible machine head over to the Daily Mail for the original story.

Click past the jump to read more about the 1957 Ferrari Testa Rossa.

Source: Dailymail

1957 Ferrari Testa Rossa

Ferrari 250 Testa Rossa Prototype

In recent years, the market for collectible cars has skyrocketed with classic Ferraris being one of the biggest drivers. The Historic Automobile Group International, know as HAGI, keeps a watch on the collectible car market and claims that the value of vintage Ferraris has increased 400 percent over the last decade alone.

Some of the most recent record setting cars include the race-winning Ferrari 250 LM that sold for $14.3-million last November and last year’s $32-million 250 GTO .



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