1958 Ferrari 250 GT LWB California Spider Sold For Record $8.8 Million At RM Auctions

 

1958 Ferrari 250 GT LWB California Spider 1

RM Auctions’ recently concluded collector car auction in Arizona had something for everybody with spare money from Ferrari Spiders to Porsche Spyders. The car that took the proverbial cake at the auction was the red 1958 Ferrari 250 GT LWB California Spider – grabbing $8.8 million from its new owner.

This is the 11th car of 50 long-wheelbase California Spiders with a Chassis 1055 GT  and matching numbers. Its coachwork done by Scaglietti has black leather interiors, and exteriors painted in classic Ferrari Rosso Rubino. It also come with original covered headlamps, straight from the Ferrari factory. The car is powered by a Colombo V-12 mated to a four-speed manual transmission that delivers 22.5 bhp and 2,953 cc. Other specifications include independent front suspension via A-arms, coil springs, and telescopic shocks, rear suspension via live axle, semi-elliptic springs, and hydraulic shocks, and four-wheel hydraulic disc brakes.

1958 Ferrari 250 GT LWB California Spider 14

 

Remarkably well-preserved car was documented by Ferrari historian Marcel Massini. Except for the 13 years it spent in Germany with collector Jorn-Holger Richter, car has been in the US since its arrival from Italy in 1959. The 1958 Ferrari 250 GT LWB California Spider had a pre-auction appraisal of $7 to $9 million – not surprisingly it ended up selling close to the top of its estimation.

During the two-day auction RM Auctions generated more than $45.5 in sales with 1958 Ferrari 250 GT LWB California Spider being top sell and a record for the company. Others Ferrari’s to fetch top bids include the beautifully restored 1963 Ferrari 250 GT/L ‘Lusso’, chassis 5215 GT, which sold for $2,447,500, setting a new record for the model at public auction. A wonderfully preserved 1966 Ferrari 275 GTB, chassis 8349, which sold for $1,815,000 and a 1966 Ferrari 275 GTS, chassis 08353, which sold for $1,485,000.

1958 Ferrari 250 GT LWB California Spider 2 1958 Ferrari 250 GT LWB California Spider 3 1958 Ferrari 250 GT LWB California Spider 4 1958 Ferrari 250 GT LWB California Spider 5 1958 Ferrari 250 GT LWB California Spider 6 1958 Ferrari 250 GT LWB California Spider 7 1958 Ferrari 250 GT LWB California Spider 8 1958 Ferrari 250 GT LWB California Spider 9 1958 Ferrari 250 GT LWB California Spider 10 1958 Ferrari 250 GT LWB California Spider 11 1958 Ferrari 250 GT LWB California Spider 12 1958 Ferrari 250 GT LWB California Spider 13 1958 Ferrari 250 GT LWB California Spider 14 1958 Ferrari 250 GT LWB California Spider 15 1958 Ferrari 250 GT LWB California Spider 16 1958 Ferrari 250 GT LWB California Spider 17 1958 Ferrari 250 GT LWB California Spider 18 1958 Ferrari 250 GT LWB California Spider 19 1958 Ferrari 250 GT LWB California Spider 20

 

 

Source: RM Auctions