1964 Ferrari 250 LM

Offered by RM Sotheby’s | Paris, France | February 2025

We have featured a 250 LM in the past, but any car that has an estimate of “over $26,500,000” typically is something worth peeking at. This car was, until recently, on display in the basement of the Indianapolis Motor Speedway Museum right next to the W196R streamliner. Quite a pairing.

Ferrari only built 32 of these. All but one had power from a 3.3-liter V12 that was rated at 320 horsepower. This car was the 6th example produced and was sold new by Luigi Chinetti. The car was soon after traded back in and thereafter put into the N.A.R.T. stable. It’s subsequent racing history includes:

1965 24 Hours of Le Mans – 1st (with Masten Gregory, Jochen Rindt, and Ed Hugus)
1966 24 Hours of Daytona – 9th (with Rindt and Bob Bondurant)
1968 24 Hours of Daytona – 48th, DNF (with Gregory and David Piper)
1968 24 Hours of Le Mans – 24th, DNF (with Gregory and Charlie Kolb)
1969 24 Hours of Le Mans – 8th (with Sam Posey and Teodoro Zeccoli)
1970 24 Hours of Daytona – 7th (with Luigi Chinetti Jr. and Gregg Young)

It’s pretty amazing that it could place in the top 10 in a 24-hour race five years after it was built. And that it only competed in 24-hour events. Later in 1970, the car was purchased by the Indianapolis Motor Speedway Museum. Until 2023, it was the last Ferrari to win outright at Le Mans. You can read more about it here.