This 1964 Ferrari 250 LM is on the market and can be auctioned by RM Sotheby’s in the course of the 2023 edition of Monterey Automotive Week, which ends on August 19 with a guide price of $18,000,000 to $20,000,000
- The rare 1964 Ferrari 250 LM, the twenty second automotive out of only 32 built, is coming up for auction at Sotheby’s.
- Impressive racing history, including participation within the 24 Hours of Daytona and Le Mans.
- Careful restoration by Ferrari Classiche, certified by an authentic history booklet.
The long-awaited moment has arrived as a really exceptional 1964 Ferrari 250 LM prepares for an exhilarating auction at Sotheby’s. This prestigious vehicle, certainly one of only 32 examples ever built, has an illustrious racing history, having participated in renowned events equivalent to the 24 Hours of Daytona and the enduring 24 Hours of Le Mans.
The Ferrari 250 LM stands amongst essentially the most distinguished vintage models made by the enduring Italian automaker. Although often overshadowed by its famous siblings, the 250 GTO and Testa Rossa, the 250 LM shares its Colombo V12 engine and features a chic aluminum body on a steel tube chassis. In a major departure from the norm, this model adopts a daring mid-engined layout, a design specifically intended to dominate GT-class competition.
Ferrari only produced 32 examples of the legendary 250 LM, with chassis number 6053 being the twenty second in line. With a meticulously documented history, this exceptional automotive has been on display at prestigious events equivalent to the 2022 Pebble Beach Concours d’Elegance, the 2021 Ferrari Final at Mugello and the Enzo Ferrari Museum in Modena. Nevertheless, his journey began with a vibrant racing profession.
Originally owned by George Drummond, this 250 LM saw motion on the tracks of England, scoring notable victories at Wiscombe Park, Brands Hatch, Snetterton and Silverstone in 1965. The fun continued because it entered the extraordinary 24 Hours of Daytona in February 1966, driven by Drummond, Innes Ireland and Mike Hailwood. Unfortunately, a gearbox failure led to his early retirement after 90 laps.
Undeterred, the Ferrari 250 LM remained resolute, competing in at the very least eight more races over the subsequent two years. His racing prowess was evident on the 1966 Austrian Grand Prix, where works rider Michael Parkes achieved a powerful third in school and eighth overall. The journey continued through England before making a notable appearance on the 9 Hours of Kyalami in 1967 and securing a remarkable fifth place overall at the three Hours of Lourenco Marques in Mozambique the identical 12 months.
A brand new chapter begins because the automotive changes hands and finds its technique to Paul Vestey in May 1968. Vestey is aiming to compete in the celebrated 24 Hours of Le Mans, and his 250 LM is amongst six Ferraris to enter the race. Although she began from thirty second, she quickly moved as much as twenty sixth before a spin caused minor damage and ultimately gearbox failure, forcing her to retire.
After its experience at Le Mans, chassis number 6053 gracefully transformed into vintage racing, fascinating enthusiasts through various events. Changing owners several times, it finally found a dedicated owner in 2018, who launched into a comprehensive restoration journey under the auspices of Ferrari Classiche. In 2021, the renovation was accomplished, complete with a powerful Ferrari booklet, documenting its authentic history intimately.
This Article was First Appeared At gtspirit.com
