2014 was a great year for Ferrari. The LaFerrari hybrid supercar started hitting the streets and tracks the world over, the 458 Speciale Aperta completed the 458 lineup, while the F60 America turned out to be the most beautiful F12berlinetta ever created. 2014 was equally exceptional for classic Ferraris, with a 250 GTO becoming the most expensive car sold at auction after changing owners for $38 million. While it may take a few years for that record to be broken, yet another classic Prancing Horse is making headlines by becoming one of the many to fetch at least $2 million at auctions. The model in question is a 1965 275 GTB that sold for $2.1 million.

This specific unit is part of a series of sports cars built between 1964 and 1968 as a replacement for the iconic GTO. Its short nose configuration and the fact that it has a known history since new is what makes it even more special. Finished in a Rosso Corsa exterior and equipped with a two-tone tan leather interior, the 275 GTB was restored to original specifications in 1999. Under its long hood lurks the iconic 3.3-liter V-12 engine that gave Ferrari numerous victories throughout the 1960s. It’s also eligible to compete in 1960-1965 FIA Classification races although not many owners opt to take their prized Ferrari out on the track.

Click past the jump to read more about the 1965 Ferrari 275 GTB.

Why it matters

1965 Ferrari 275 GTB Auctioned For $2.1 Million Exterior
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1965 Ferrari 275 GTB Auctioned For $2.1 Million Exterior
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1965 Ferrari 275 GTB Auctioned For $2.1 Million Interior
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A $2 million bid for a 1960s Ferrari might have been shocking back in the 1980s, but it’s no longer the case in the 21st century. The 250- and 275-series have become some of the most expensive Ferraris in history over the past two decades and this GTB comes to confirm these classic sports cars are still sought after. Sure, $2 million is a far cry from the $20+ million bids a 250 GTO can attract, but we’re looking at a street car with no racing history whatsoever. Racers are known to be much more expensive than their street-spec counterparts. That’s not to say road-legal 275s lack the potential, as a GTB/4 NART Spider sold for no less than $27 million in 2013.

Guess it’s time to stop taking your hard-earned money to the bank and start investing in classic Ferraris.

1965 Ferrari 275 GTB

1967 Ferrari 275 GTB/4 Berlinetta Exterior
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The Ferrari 275, a two-seat, front-engined GT, was launched in 1964 as a replacement for the iconic 250 GTO. Designed by Pininfarina — with some versions rebodied by Scaglietti, the 275 also introduced Ferrari to the transaxle. Several versions were created, including the 275 GTB, GTB/C, GTS and the GTB/4. A NART version was available exclusively through Luigi Chinetti’s North American dealer. Although the 275 came in different shapes and sizes, all models were powered by the same 3.3-liter V-12 engine. The powerplant produced between 280 and 300 horsepower.

Much like the 250 GTO, the 275 was a successful race car. Three 275 GTB/Cs raced during the 1965 season, with a Speciale model finishing third at the 24 Hours of Le Mans. It was the best Le Mans finish by a front-engined car, a record that stands to this day.

Source: Mecum

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