Phil Hill Ferrari Fetches $9.3M

When the gavel fell on the last car for auction, Ferrari’s “Leggenda e Passione” sale of a clutch of classic Ferraris from its own archives and from its owners’ garages had ended in history.

The auction of 33 cars was highlighted by the sale of a 1962 Ferrari 330 TRI/LM Testa Rossa, the last one built by the company. The car in question — also the last front-engine car to win at Le Mans, at the hands of Road & Track eminence Phil Hill and co-pilot Olivier Gendebein in their third Le Mans victory — sold for $9.3 million, the highest figure recorded for a public auction, the Wall Street Journal reports.

RM Auctions, which ran the sale, had estimated that with the car's provenance and unique place in history, it might fetch $8 million to $10 million.

The total take for the auction was more than $46 million, with more than a third of the vehicles sold fetching more than $1 million, the Journal adds.

The Testa Rossa was offered alongside a 1970 512 S raced by Luigi Chinetti; a 1953 340MM with a coachbuilt Touring Spyder body; a '66 Dino 206 SP, fully restored; and a 1997 Formula One car.

Ferrari is celebrating its 60th anniversary this year.

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