A rare and historic Ferrari 250 LM, one of only 32 produced between 1964 and 1965, has been sold at auction for a staggering $36 million. The car, which was previously owned by the Indianapolis Motor Speedway Museum, is a significant piece of automotive history, having won the 24 Hours of Le Mans in 1965.
The 1964 Scaglietti-bodied Ferrari 250 LM, chassis number 6006, was originally purchased by the museum in 1970. It was part of the museum's collection for decades before being offered for sale. The auction included not only the car itself but also documentation from the 1965, 1968, and 1969 Le Mans races, as well as original purchase documentation.
The 250 LM is a significant model in Ferrari's history, being a direct evolution of the 250 P. It features a low-slung Scaglietti alloy body with rear buttresses. The car was initially met with resistance from the FIA for homologation, but Ferrari persisted and produced a small series for private racers. The 250 LM's performance and exclusivity have made it one of the most sought-after Ferraris in the world.