Le Mans-Winning 1964 Ferrari 250 LM Sells for $36M
Le Mans-Winning 1964 Ferrari 250 LM Sells for $36 Million at RM Sotheby’s Paris Auction
The world of classic car auctions witnessed an extraordinary moment as RM Sotheby’s successfully sold a 1964 Ferrari 250 LM for a staggering $36 million (€34.88 million) at its Paris 2025 auction. This historic sale reaffirms the timeless allure of Ferrari’s legendary racing heritage and cements the 250 LM’s position as one of the most sought-after collector cars of all time.
(Courtesy of RM Sotheby's)
A Legendary Ferrari with Racing Pedigree
The Ferrari 250 LM, designed by Scaglietti, is a rare masterpiece, with only 32 units ever built. However, what sets this particular chassis number 5893 apart is its remarkable Le Mans-winning history.
In 1965, the North American Racing Team (NART) entered the car into the 24 Hours of Le Mans, where it secured a stunning overall victory, driven by Masten Gregory and Jochen Rindt. This victory was pivotal, marking Ferrari’s sixth consecutive and final outright win at the legendary endurance race, a record that remains unbroken to this day.
For over five decades, this exceptional Ferrari resided in the Indianapolis Motor Speedway Museum, making it an incredibly well-preserved example of Ferrari’s golden era of racing.
(Courtesy of RM Sotheby's)
Why This Ferrari 250 LM Is So Valuable
The 1964 Ferrari 250 LM is not only a historically significant race car but also an exceptionally rare collector’s item. Some of the factors that contributed to its record-breaking sale include:
* Provenance – A Le Mans-winning Ferrari with matching-numbers engine and gearbox is nearly impossible to find.
* Rarity – With only 32 Ferrari 250 LMs ever produced, they are among the most exclusive models from Maranello.
* Historical Impact – This car represents the final Ferrari to take an outright win at Le Mans, a milestone that adds to its desirability.
* Museum-Quality Condition – Having been part of a prestigious museum collection for 54 years, this Ferrari remains remarkably original and well-preserved.
The Market for Classic Ferraris in 2025
The sale of this Ferrari 250 LM is a testament to the strong demand for blue-chip classic cars, particularly race-winning Ferraris. With values continuing to rise, investors and collectors are recognizing rare Ferraris as appreciating assets, combining historical significance with financial potential.
This record-breaking sale further highlights RM Sotheby’s reputation for bringing some of the most desirable classic cars to the auction market, setting new benchmarks in the collector car industry.
(Courtesy of RM Sotheby's)
Final Thoughts
The 1964 Ferrari 250 LM stands as a symbol of Ferrari’s racing dominance, making its $36 million sale price a fitting tribute to its legendary past. As collectors continue to chase historically significant competition cars, this auction reinforces the ongoing appeal of Ferrari’s most iconic race cars.
For those looking to buy or sell classic, vintage, or race-winning Ferraris, the market remains as exciting as ever.
Interested in finding your own classic Ferrari investment? Explore our latest listings on Classic Motors For Sale and discover the next piece of automotive history.
If you want to explore advertising with us, I encourage you to get in touch. Please feel free to contact me directly, and I will be more than happy to provide you with further information, answer any questions you may have, and guide you through the process.
Nick Aylieff | Classic Motors For Sale |
+44(0) 2392 160 809 | www.classicmotorsforsale.com
