Classic Ferrari sports car tend to rack up millions at auctions. One such rare exotic will be auctioned at this year’s RM Sotheby’s event to be held in Monaco on May 14.
It is a 1967 Ferrari 275 GTS/4 NART Spider and it’s a masterpiece. With just 10 cars ever built, it is one of the rarest classic Ferrari sports cars ever built. NART- which stands for North American Racing Team has a bit of history behind it. The Ferrari dealer at the time wanted to boost sales of the 275 in America. So, Ferrari decided to build a limited edition, motorsports inspired convertible. Initially, Ferrari planned to build 25 units of the NART Spider, however due to lukewarm response only 10 were ever built.
Chassis #11057 was the seventh 275 GTS/4 NART Spider to leave the factory. It was sold to José Segimon of Madrid, Spain who occasionally took it to the race track. Later, the car was acquired by a Swiss collector. In the mid-90s it was bought by a person in the UK. Over time, chassis #11057 underwent a thorough restoration including a new paint job and upholstery work. However, it is fully number-matching car which makes it more valuable.
Powered by a Colombo V12 with 300 hp, this Ferrari 275 GTS/4 NART Spider is expected to sell for around $26 million or more. In 2013, RM Auctions sold a similar example for $27.5 million at Monterey.