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Rare 1959 Ferrari 250 GT Cabriolet Series I sells for £3.8 million

By Western Morning News  |  Posted: May 13, 2014

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Radio star Chris Evans has sold a classic Ferrari for a record-breaking £3.8 million.

The rare 1959 Ferrari 250 GT Cabriolet Series I is regarded as one of the most beautiful convertibles ever built.

But Evans decided to part ways with the 150mph sports car at an exclusive car auction in Monaco over the weekend.

The Ferrari was one of the star lots at the RM Auctions sale and was expected to sell for in excess of £3.2 million.

After a battle between interested parties, the car sold was sold to an American for £3.8 million (£4.7m).

This was a world record auction price for the model and it was the second most valuable car sold over the weekend.

The new owner gets a sensational Pininfarina-designed model fitted with a 3-litre V12 engine developing 240bhp.

With this power, the 250 GT is capable of 0-60mph in around six seconds and a top speed of around 150mph.

And despite being 55-years-old, the concours quality Ferrari has been driven just 50,000 miles.

RM Auctions described the model - one of just 40 - as a "highly desirable" example that is "worthy of the finest world-class collections".

They added: "It is a rare and arresting early example of the harmonious design and race-bred engineering that informed the collaboration between Ferrari and Pininfarina."

The Ferrari was one of 90 lots which were offered at the auction on Saturday night with enthusiasts spending almost £34 million in total.

Max Girardo, managing director of RM Auctions, Europe, said: "It is not often I'm lost for words, but I am simply stunned by what we have achieved in Monaco.

"From a results perspective, this has been our biggest ever European sale and the 93 percent sell through figure is testament to the diversity and depth of quality that we had on offer.

"The atmosphere and energy was incredible right through to the final lot and it's a particular delight that we have attracted so many enthusiastic new bidders from all around the world."

Mr Evans, who was in Monaco for the sale, declined to comment.

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