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Ferrari 250 LM sells for $9.6m at RM’s Arizona sale

A Ferrari 250LM sells for $9.6m, making it the most expensive car ever sold during the Arizona January sale

RM Auctions has had a great start to 2015, managing its highest total sales at its annual Arizona auction on 15-16 January. With sales of 90 per cent, RM brought in $63.7m, with more than 17 cars selling for more than a million dollars each.

It was of course top-end Ferraris that dominated the show, not least the 1964 Ferrari 250 LM, which achieved $9.6m – going down as the most expensive car ever sold during the Arizona sale. Also high up the packing order was the freshly restored 1966 Ferrari 275 GTS ($2,365,000) and a low-mileage 1984 288 GTO ($2,750,000).

Some other interesting results, include the Group B Audi Sport Quattro, which sold for $401,500 and a rare 1969 Porsche 911 S ‘Soft Window’ Targa, selling for $286,000. The $126,500 raised for a 1975 Lamborghini Urraco P111 also established a new auction recordfor the model.

‘We’re thrilled with the results from our Arizona sale. Carefully curated by our specialists, our offering was defined by its quality and uniqueness, with fantastic prices recorded across the board,’ says Ian Kelleher, Managing Director, RM Auctions’ West Coast Division. ’The results not only prove that quality sells, but reflect our commitment as a company to deliver the best of the very best. Arizona provided a terrific start to our new collector car auction calendar and we look forward to continuing to raise the bar throughout the 2015 season.’

Watch as the 250 LM goes under the hammer here:

RM Arizona Top 10 Sales:

1964 Ferrari 250 LM - $9,625,000
1967 Ferrari 275 GTB/4 - $3,657,500
1973 Ferrari 365 GTB/4 Daytona Spider - $3,300,000
1966 Ferrari 275 GTB - $2,750,000
1984 Ferrari 288 GTO - $2,750,000
1966 Ferrari 275 GTS - $2,365,000
1971 Lamborghini Miura SVJ - $1,897,500
1962 Ferrari 250 GT Cabriolet Series II - $1,705,000
1965 Porsche 904 Carrera GTS - $1,650,000
2005 Ferrari FXX Evoluzione - $1,622,500

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