Prices for vintage Ferraris have escalated the last few years, with the more expensive models breaking records for the price of a car sold at auction. A 1961 Ferrari California Spyder sold for more than million in 2008, and a 1957 Ferrari 250 TR went for more than million in 2009. When auction house Gooding announced that it would be selling the recently restored 1957 Ferrari 250 TR prototype at this past weekend’s Pebble Beach sale, we had a feeling that the record would be broken once again.

Our hunch was correct, as a final bid of .9 million was offered for the car at Friday night’s auction. Taking into account Gooding’s ten percent selling fee, the final price rang in at an astounding .39 million.

In addition to the 250 TR, Gooding sold six additional cars over the million dollar mark including a 1959 Ferrari 250 GT LWB California (.355 million), a 1963 Shelby Cobra 289 Factory Team Car (.285 million) and a 1953 Ferrari 375 Vignale Coupe (.2 million). You can read more about the record-breaking auction in Gooding’s press release after the jump.

Continue reading 1957 Ferrari 250 TR Prototype sells for record .39 million at Gooding’s Pebble Beach auction

1957 Ferrari 250 TR Prototype sells for record .39 million at Gooding’s Pebble Beach auction originally appeared on Autoblog on Mon, 22 Aug 2011 13:30:00 EST. Please see our terms for use of feeds.

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