RM Sotheby’s Paris Sale Generates €69,073,275 to become Europe’s Highest Ever Grossing Sale in Collector Car Auction History

MORE AUCTION HISTORY HAS BEEN MADE AS THE 1964 FERRARI 250 LM BRINGS €34,880,000 EUR MAKING IT THE SIXTH MOST VALUABLE CAR TO BE SOLD AT PUBLIC AUCTION AND THE FOURTH MOST VALUABLE FERRARI EVER SOLD PUBLICLY 

RM SOTHEBY’S HAS SOLD A TOTAL OF €120,228,275 OVER A FIVE-DAY PERIOD, INCLUDING THE RECORD-BREAKING SALE OF THE MERCEDES-BENZ W 196 R STROMLINIENWAGEN FOR €51,155,000 ON 1 FEBRUARY

• RM Sotheby’s first ever two-day sale in Paris has made European collector car auction history by grossing €69,073,275
• The 1964 Ferrari 250 LM brings an astonishing €34,880,000, withproceeds benefitting the future collection and restoration efforts of the Indianapolis Motor Speedway Museum
• The sale at Les Salles du Carrousel in the heart of Paris saw 89% of lots sold
• More information available at rmsothebys.com

PARIS, FRANCE – February 7, 2025 – (Motor Sports NewsWire) – RM Sotheby’s has achieved auction history by conducting the highest grossing collector car sale in Europe. The two-day Paris sale on 4-5 February achieved total sales of €66,490,850, during which the 1964 Ferrari 250 LM was the undoubted star of proceedings.

The historically significant Ferrari 250 LM was the Chinetti/NART entry for the 1965 running of the 24 Hours of Le Mans, a race in which Masten Gregory and Jochen Rindt achieved overall victory, a feat not accomplished again by a Ferrari until 2023. The car then went on to be one of just six Ferraris to compete at Le Mans three times in the Enzo era. Following on from the record price of €51,155,000 achieved for the 1954 Mercedes Benz W 196 R Stromlinienwagen in Stuttgart last week, the 250 LM brought an astonishing €34,880,000, against a pre-sale estimate of €25,000,000 Euro. The sum makes it the sixth most valuable car to be sold at public auction and the fourth most valuable Ferrari ever sold publicly.

Other sale highlights include a 2015 Ferrari LaFerrari, finished in bespoke Giallo with Nero roof over a matching black and yellow interior and presented on centre-lock, forged wheels from the track-only FXX-K, which made an excellent €3,548,750.00. The third highest selling car was another remarkable hypercar, the 2022 Pagani Huayra R. It was the first time one of the limited production, track-only hypercars has been offered at auction, and with single ownership from new and only 196 kilometres at the time of cataloguing, the car richly deserved the €3,042,500 it achieved on the day.

Augustin Sabatié-Garat, Director of Sales, EMEA, said: “This has been a landmark sale in so many ways. To have achieved the highest-grossing collector car sale ever conducted in Europe is a remarkable achievement for all of us at RM Sotheby’s, but to have done that with the sale of the Ferrari 250 LM, which has now become the sixth most valuable car ever sold at auction, makes it all the more special. What a week it has been, given that this comes so soon after the Mercedes Benz W 196 R Stromlinienwagen was sold for €51,155,000, making it the most valuable grand prix car ever sold. We have had the honor of selling an astonishing €69,073,275 of cars in a mere five day period, and weeks like this are truly a once in a lifetime moment for our team.”

Top 10 selling lots in Paris

The nine remaining cars being offered from the Indianapolis Motor Speedway Museum will be sold by RM Sotheby’s Miami sale on 27 February during the eagerly awaited ModaMiami luxury car event.

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About RM Sotheby’s

RM Sotheby’s is the world’s largest collector car auction house by total sales. With over 40 years of proven results in the collector car industry, RM’s vertically integrated range of services, from auctions (live and online) and private sales to estate planning and financial services, coupled with an expert team of Car Specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. RM Sotheby’s is currently responsible for six of the top ten most valuable motor cars ever sold at auction.

Source: RM Sotheby’s

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