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Ex-Fangio Ferrari 290 MM offered in RM Sotheby’s New York sale

Ex-Fangio Ferrari 290 MM offered in RM Sotheby’s New York sale Classic and Performance Car

This special Ferrari works racer, driven by Juan Manuel Fangio in the 1956 Mille Miglia, heads to RM’s New York sale on 10 December.

RM Sotheby’s has announced that it will be selling an ex-works 1956 Ferrari 290 MM, once driven by five-time F1 world champion Juan Manuel Fangio on the 1956 Mille Miglia. While there is no estimate on the exceedingly rare example, the car’s fantastic history and provenance could very easily see it sell for more than $30m at the New York sale on 10 December. 
Chassis 0626 was initially built for Fangio to race in the 1956 Mille Miglia, as can be seen in the car’s original Argentinean colour scheme. Although the great driver managed a fourth place finish on the difficult event, the car’s biggest victory came in 1957 when it won the World Championship Buenos Aires 1000 KM driven by Eugenio Castellotti, Luigi Musso, and Masten Gregory. 
One of just four 290 MMs produced, this example is arguably the most important, and unusually for a car with such great competition history, it has never been crashed.
The sale is set to include a number of other impressive entries, one of which is a 1955 Ferrari 500 Mondial, which is estimated to sell for $5,000,000-$7,000,000. This special four-cylinder racer was originally bought by French gentleman driver Mr. Yves Dupont in 1956, who successfully raced it in a number of events throughout the season. 
The car was returned to the factory for a rebuild, where it was never collected. During its time in Ferrari’s possession, it was painted red and displayed in the Monza Museum. After the car passed through a number of owners, it was sent to a body shop, where the red paint was carefully removed, revealing the original French Racing Blue paint underneath. 
Other star cars include the Aston Martin DB4GT Zagato, one of the original 19 produced, as well as a one-off Lamborghini Gallardo Spyder prototype.
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