Wealth

Most expensive car collection sells for $67 million

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Car lovers' heaven

The most expensive single-car collection ever sold during one auction fetched more than $67 million, showing continued strength in the collectible car market.

Twenty-five cars, all owned by an anonymous Florida collector, were sold Thursday night by RM Sotheby's in a standing-room-only sale as part of the Concours d'Elegance auctions and shows in Pebble Beach, California. The sale total beat the previous record for a collection from a single owner of $65 million.

The top car by sales price was a 1964 Ferrari 250 LM that went for $17.6 million.

A 1998 McLaren F1 LM road version—one of only two built—fetched $13.75 million, marking the highest price ever paid for a McLaren at auction.

The so-called Pope's Ferrari sold for $6.05 million. The car, which was the last Ferrari Enzo produced, was given to Pope John Paul II in 2005. The pope never drove the car, but sold it for charity.

A 1994 Ferrari F40 LM sold for $3.3 million, as did a 1967 Ferrari 275 GTB/4.

One of only 32 produced, this 1964 Ferrari 250 LM sold for $17.6 million at the Concours d'Elegance auction in Pebble Beach last August.
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A Koenigsegg CCXR that appeared in the movie "Fast Five" sold for $825,000.

The sale marks a success for the newly formed partnership between RM and Sotheby's, and is expected to set the tone for the rest of the sales in Pebble Beach this week. More than $400 million worth of classic cars will be auctioned in Pebble and Monterey, California, as part of the Concours d'Elegance week.