Ex-Le Mans Ferrari 340/375

1953 Ferrari 340/375 MM Berlinetta Competizione by Pinin Farina

Offered by RM Auctions | Lake Como, Italy | May 25, 2013

1953 Ferrari 340 375 MM Berlinetta Competizione by Pinin Farina

This Ferrari 375 MM was one of the first 375 MMs built by Ferrari. It was constructed early in 1953 to be ready in time for the 1953 World Sportscar Championship. The 375 road car was an evolution of the 340 but for the race cars, a special 340/375MM was built – meaning it had the proven, competitive chassis of the 340 with the new, more powerful 375 engine.

That engine is a 340 horsepower 4.5-liter V12 that came straight from Ferraris Formula One car (this car was originally fitted with a 4.1-liter V12 but had the engine switched by the factory prior to the 1953 Spa 24 Hours). The body was designed and built by Pinin Farina. Three of these such cars were built and the one you are looking at was driven and raced by legends. It’s competition history includes:

  • 1953 24 Hours of Le Mans – 56th, disqualified even though it ran well (with Giuseppe Farina and Mike Hawthorn)
  • 1953 Spa 24 Hours – 4th, not running at finish (with Alberto Ascari and Luigi Villoresi)
  • 1953 Pescara 12 Hours – 1st (with Hawthorn and Umberto Maglioli)
  • 1953 Carrera Panamericana – 6th (with Maglioli, Forese Salviati and Mario Ricci)

The car passed between owners, spending time in American and British collections before the current owner acquired it in 2004. It has been professionally restored to its 1953 Le Mans livery. No estimate was available as I wrote this as the lot description had yet to be published. The last one of these (of the three made) that came up for sale failed to meet its reserve in 2005 at $3.5 million. Expect more. Click here for more info and here for more from RM at Villa Erba.

Update: Sold $12,812,800.