1964 Ferrari 250 LM Auctioned For Almost INR 60 Crore!

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RM Auctions of Arizona recently enjoyed their best ever auction in the state, with over 17 cars selling for more than a million dollars each. That's plenty of moolah to smile about, but there were some very special cars that went under the hammer.

Like a very special 1964 Ferrari 250 LM that sold for USD 9.6 million (around INR 59 crore), a new record for an Arizona sale. Other exclusive Ferrari machinery too racked up the greenbacks. A restored 1966 Ferrari 275 GTS brought home USD 2,365,000 (around INR 15 crore) while a sparingly-used 1984 Ferrari 288 GTO sold for a highly impressive USD 2,75,000 (around INR 17 crore).

1964 ferrari 250 lm auctioned for 60 crore

Other not-so-glamorous but still very special cars aroused deep-pocket interest as well-a Group B Audi Sport Quattro sold for USD 401,500 (around INR 2.5 crore), a 1969 Porsche 911 S ‘Soft Window' Targa notched up USD 286,000 (around INR 1.8 crore), and a 1975 Lamborghini Urraco brought in USD 126,500 (around INR 78 lakh), setting a new auction record for the model.

Do you think the auction culture is prevalent in our country? Write in and let us know if you've ever purchased a classic car at an auction, or even simply your experience at an exclusive auction.

Story first published: Wednesday, January 21, 2015, 11:57 [IST]
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