Ferrari 166 MM Barchetta could fetch $10 million at RM Sotheby's

Smitzy

2017-02-16 10:21:29

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A 1950 Ferrari 166 MM Barchetta, regarded as one of the most important and beautiful Ferraris ever built, is the latest addition to the RM Sotheby's Amelia Island Sale line-up.

"The 166 MM is, unequivocally, one of the most important sports cars ever constructed; it is essentially the cornerstone on which Ferrari built their successful formula, or if you like, the padrino of all the short-block based competition cars that followed," said Shelby Myers, Car Specialist  RM Sotheby’s.

"As such, its significance in the marque’s history cannot be overstated."

The car offered at RM Sotheby's, chassis no. 0058 M, is the 27th of 32 cars built, and the 23rd of only 25 Touring barchettas.

(Images: RM Sotheby

(Images: RM Sotheby's)

It was delivered new to its first owner in June 1950, and was later presented as a gift to the future Scuderia Ferrari team racing driver, Eugenio Castelotti.

With Castelotti behind the wheel, chassis 0058 M was campaigned twice at the Mille Miglia, in 1951and 1953, along with numerous other high-profile racing events throughout Italy.

It was later shipped the U.S, where it competed in-period in Pebble Beach road races, and has passed through the hands of renowned collectors including Ferrari Club of America Chief Judge, Ed Gilbertson.

The car has a distinguished councours career stretching back to the late 1970s, and has appeared at the Pebble Beach Concours d’Elegance five times, winning the coveted Hans Tanner Trophy in 1979.

Offered in remarkably preserved condition, including its matching-numbers V12 engine and original Touring body, the car comes with Ferrari Classiche certification and is expected to sell for $8 - $10 million.

"In the rarefied air that is Ferrari’s 166 MM, 0058 M is one of the best of the very best,” said Myers. "It possesses all of the critical attributes a collector wants in a Ferrari sports racer: rarity, period racing history in Italy and the U.S., a high level of originality, as well as a successful show career.

"A very special car and extremely eligible for the world’s top concours and driving events, we’re thrilled to bring it to market in Amelia Island."

The RM Sotheby's Amelia Island sale takes place at the Omni Amelia island Plantation

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