1957 Ferrari 250 Testa Rossa Prototype

On August 20th and 21st, 2011, one of the most legendary Ferraris of all time will go down to the auction block for the very first time. The auction will be hosted by Gooding & Company, the official auction house of the Pebble Beach Concourse d’Elegance. This particular Ferrari, a 1957 250 Testa Rossa, is expected to draw record numbers, solely because of its stature in the history of the Prancing Horse.

We know plenty about rare Ferraris fetching insane bids in past auctions, but this one is expected to trump all other models in the past. Over the past few years, Ferraris have posted record-breaking bids, including a 1961 Ferrari California Spyder that went for over $10 million back in 2008 and a 1958 Ferrari 250 TR that was scooped for a record $12.4 million a year later in 2009.

UPDATE 08/21/11: The numbers are in and just like we anticipated, this rare 1957 Ferrari 250 Testa Rossa Prototype attracted the heavyweight bidders at the Gooding & Company auction at the Pebble Beach Concourse d’Elegance. We all expected it to sell higher than the $12.4 million price tag of another 250 Testa Rossa sold for two years ago and now we have the official price of the winning bid: $16.4 million.

Find out more about the Ferrari 250 Testa Rossa Prototype after the jump.

History

Ferrari 250 Testa Rossa Prototype

This 1957 Ferrari 250 Testa Rossa ’Chassis 0666 TR’ is considered the very first prototype and testing vehicle of what would eventually become Ferrari’s own Testa Rossa line. The car was first assembled in 1957 with the classic V12 engine, the de Dion rear axle, and a right-hand drive layout. As a prototype, the 0666 likewise participated in a number of racing events, including the Nurburgring, Le Mans, and Sebring. It didn’t quite have a track record of success - it was a test vehicle, after all - but it accomplished its mission as the very prototype that allowed Ferrari to develop the later models of the Testa Rossa as well as other racing cars in its history.

According to Butch Dennison, the owner of Dession International and where the 0666 has been for nearly ten years, this particular model is different from just about any other 250 Testa Rossas of its time.

Ferrari 250 Testa Rossa Prototype

For starters, everything about the car is completely unique. The back of the chassis was derived from a Ferrari 290 whereas the front half comes a new design. It also carries what, at that time, were considered ground-breaking innovations including the pontoon fenders. More to its uniqueness, it also had seats tailored in canvas instead of corduroy, as well as a small air vent just aft of the engine cover.

Performance

Ferrari 250 Testa Rossa Prototype

What makes this prototype all the more special is the fact that it still has its original 3.0-liter V12 engine and comes with another spare engine, as well as other competition spare parts.

Restoration Work

Ferrari 250 Testa Rossa Prototype

Dennison made sure that the 0666 would come to Pebble Beach in perfectly restored condition, having done the meticulous and laborious work of bringing it back to its 1958 Le Mans configuration by installing the original engine, correcting the bodywork, and bringing back to life its original racing livery.

The difficult task of restoring a car as unique as this was made more complicated by the fact that it’s a complete one-off that needed hours of seemingly endless research that consisted of leafing through hundreds of photos with a magnifying just to make sure that all the of the car’s pertinent details were covered.

In the end, the car came together like none other of its kind, so much so, in fact, that David Gooding, the president of Gooding & Company, has called it the ’quintessential Ferrari’. Even Ferrari Classiche, the Italian automaker’s official certifier of authenticity, gave its stamp of approval on the car.

How Much Did It Sell?

Ferrari 250 Testa Rossa Prototype

This rare Ferrari 250 Testa Rossa Prototype sol for $16.4 million, which is four million more than what a ’standard’ 1957 Ferrari 250 Ferrari 250 Testa Rossa fetched in an auction in Monterey two years ago. The higher bid price of the prototype model owes itself to the fact that it’s more than just any other classic race car; it’s literally one of the most significant and legendary Ferrari vehicles of all time. You read that right: ALL TIME.

LOVE IT
  • It’s got history written all over it
  • One of the most iconic Ferraris ever
  • It’s a Ferrari!
LEAVE IT
  • Prepare to dig deep in your pockets
  • You’ll have stiff competition from other interested buyers

12 comments:

WOW! This is really a legendary car of Ferrari. This car will break the record of bidding in Ferrari car because of its history written in its body.

Wow! $16.4M! That was really a piece of a fortune! Well, as for myself I will also take time and my money to own this car. This is vintage!

I wish I could see a vintage vehicle like this in person! smiley Anyway, I must say that I really love the classic and unique appearance of this racing prototype. Moreover, it’s a good thing that it still has a powerful engine.

I love this classic sports car of Ferrari and good thing that it has an impressive engine! Well, I would really love to try driving this racing prototype, but I bet it will surely be too expensive on its market production.

Wow! What a unique racing prototype! smiley Anyway, I’m so amazed with its market price, which cost a $12.4 million! Well, that is really a huge amount and only true rich people could afford this one.

This is the kind of sports track I am talking about. It maybe vintage, old or classic but it runs in good condition. And sports car like this never disappoint its owner in having the trophy. It runs pretty fast before and I could say, even nowsdays.

This car is really worth for a car racer to have. Definitely good for collection item car. And look at how it was being restored totally amazing that until now it still has the consistency of how the car was before and now.

Wow! This car is super thin and it’s a type of kiddo car? hehehe. BTW, The style of engine is great. Nice style of engine and i think this car is so
fast.

I really love seeing this kind of vehicle for it reflects on how awesome it was. I was impressed with the specs of the vehicle.

As expected from vintage vehicle. The styling is kind of awesome. I bet this car will cost in million.

If I could remember clearly, Ferrari had already sold one of this vehicle before? Well, since the car is original no wonder why it cost that much. I bet its owner had spent over a million dollar just to restore and maintain this car! 

Wow! This car would be one of the iconic vehicle that was built by the legendary Ferrari! This vehicle is enrich with history. Well, having this car is a great honor. However, it seems that only folks can afford to buy this car, and I have heard that the competition is kind of tough. 

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