Le Mans-Winning 1964 Ferrari 250 LM Sells for $36.2 Million
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A 1964 Ferrari 250 LM, which captured the overall win at the 1965 24 Hours of Le Mans, has fetched a remarkable $36.2 million at the RM Sotheby's Paris auction, marking a historic moment in the automotive world. The car, originally piloted by legendary racing drivers Masten Gregory and Jochen Rindt for the North American Racing Team (NART), remains the only privateer-entered Ferrari to win the prestigious race overall, securing Ferrari's sixth consecutive victory at Le Mans.
One of only 32 250 LM models ever built, this particular example (chassis number 6) is highly regarded for its unique history and continued preservation. It is the only Ferrari from the Enzo Ferrari era to have competed in six 24-hour races, including three runs at Le Mans and three at the 24 Hours of Daytona. The 250 LM was first displayed at the 1967 New York Automobile Show by Luigi Chinetti Motors/NART and has since remained an icon in Ferrari's racing legacy.
After its race career, the car was purchased by the Indianapolis Motor Speedway (IMS) Museum in 1970, where it has been meticulously preserved for 54 years. The 250 LM is offered in original condition, retaining its matching-numbers engine and gearbox. The sale includes comprehensive documentation, including Le Mans papers from 1965, 1968, and 1969, as well as service records and a detailed history report by renowned Ferrari historian Marcel Massini.
Though other lots at the 2025 RM Sotheby's auction, such as the Bugatti Centodieci, received mixed reactions, the Ferrari 250 LM's sale was a highlight of the evening, cementing its place as one of the most important and valuable Ferrari models in existence.
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