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Search resuls for: "Walter Medlin"


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Scraps of a rare 1954 Ferrari 500 Mondial Spider Series I were just sold for about $1.9 million. The buyer could end up investing another $2 million just to restore the car, a Ferrari expert said. In "very good condition," the model can be worth up to $4 million to $5.5 million, the expert said. The remnants of a Ferrari 500 Mondial Spider Series I were recently sold at RM Sotheby's auction for about $1.9 million, and it may take another $2 million just to restore the car to its glory racing days, a Ferrari historian told Insider. "A Ferrari 500 Mondial Spider Pinin Farina in restored or at least very good condition is currently in the wide range between $4M and $5.5M," Birner wrote.
Persons: Pinin Farina, Franco Cortese, Cortese, Walter Medlin, Sotheby's, What's, Andreas Birner, Birner, Ferrari's, Ferrari, Organizations: Morning, RM, Pininfarina, Ferrari, Mondial, Mille, Sotheby's, Ferraris, New York Times, The Times Locations: Italian, Italy, Maranello
The rusted shell of a Ferrari race car was sold for about $1.9 million to an undisclosed buyer. It was once part of a rare 1954 Ferrari 500 Mondial Spider Series I, one of only 13 ever made. It was being sold alongside 19 other Ferraris that had sat in a barn for 45 years. The rusted shell of an old Ferrari recently sold at a Sotheby's auction for almost $1.9 million. The dented lump of metal may not look like much now, but it was once a 1954 Ferrari 500 Mondial Spider Series I, the second of just 13 that were made.
Persons: Franco Cortese, Walter Medlin, Medlin, Autoweek, Tom Cotter, Sotheby's Organizations: Morning, Ferrari, Toscana, Monterey Car Locations: Florida
CNN —A hulk of dented, torn and scorched metal that was, decades ago, a Ferrari race car just sold at an RM Sotheby’s auction in California for $1.9 million. One of only 13 made, this 1954 Ferrari Mondial Spider Series I wasn’t one of Ferrari’s fabled V12 models but a an entirely different design. This car, a different 1954 Ferrari 500 Mondial Pinin Farina Spider, was offered for sale on the auction site Bring A Trailer in September, 2021. The most expensive Ferrari ever sold at auction was the 1962 Ferrari 250 GTO, which was also on the block at RM Sotheby’s. The price includes the RM auction house commission, and the buyer is undisclosed.
Persons: it’s, Ferrari, Pinin Farina, Franco Cortese, Pinin Farina Spider, Walter Medlin, Brian Rabold, drivable, Rabold, ” Rabold Organizations: CNN, Ferrari, Pininfarina, Ferrari Mondial Spiders Locations: dented, California, Scaglietti, United States
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