From Rust to Riches: The Astonishing Million-Dollar Sale of a Twisted Ferrari

1 min read
Source: CNN
From Rust to Riches: The Astonishing Million-Dollar Sale of a Twisted Ferrari
Photo: CNN
TL;DR Summary

A 1954 Ferrari Mondial Spider Series I, one of only 13 made, was sold at an RM Sotheby's auction in California for $1.9 million. Despite its damaged condition, the car holds significant racing history and offers the new owner a chance to restore it to its former glory. Originally driven by Franco Cortese, the car had a complicated life, including a crash and fire, and its original engine was replaced. While the sale price may not offer much financial upside, the reward lies in restoring this historic car and showcasing it to enthusiasts once again.

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