Famed Ferrari headlines Coys Oldtimer Grand Prix auction in Germany.
One of the last privately owned from new Ferrari F40s has been sold for €1.1 million at auction. The 1992 F40 headlined Coys auction at the 43rd AVD Oldtimer Grand Prix, Germany, where it broke the record fee to be paid for the car.
The F40 is considered one of, if not the greatest Ferrari ever put into production, and the last to be personally signed off by Enzo Ferrari prior to his death.
Other highlights of the auction include a 1937 BMW 328 Roadster, which was sold for €562,000, a 2000 Ford GT for €227,000, a 2003 Ferrari 360 for €182,000 and another record price of €145,000 for a 1971 Lamborghini Espada SII.
Chris Routledge, Managing Partner at international auctioneers Coys, said: 'The record Ferrari F40 is a remarkable achievement which we are really happy with, proving once again that Coys is one of the leading auction houses in Germany and Europe. This is one of the last privately owned, one owner from new F40s in the world and we were entrusted with its sale by the Italian family who bought it.
'For such an important car to come to the market, it created interest from around the world and was in the end sold to a delighted German buyer, followed by a round of applause in the auction room.'