During the two-day event that took place in Pebble Beach, over 21 million dollars changed placed at the classic car auction hosted by auction house RM. During that auction the top six sellers were all Ferraris while the top four were all members of the 275 family. In total, 21 cars were sold for over one million dollars, 13 of those cars sold were Ferrari.
One of those cars was a 275 GTB/4 that was originally owned by Hollywood legend Steve McQueen. Exotic cars with Hollywood roots tend to sell well at auction, including those that belong to celebrities that are synonymous with racing and speed. Steve McQueen’s vintage Ferrari grabbed an impressive $10,175,000 at auction.
Other vintage examples of Italian muscle also did well at the Pebble Beach Rm Auction to include a 1971 Lamborghini Miura SV, which sold for just over $2 million. The most expensive non-Italian car to cross the block was a 1911 Mercer Type 35R, which pulled in a respectable $2.53 million.
As previously stated on this blog, RM Auctions had announced that Steve McQueen’s 1967 Ferrari 275 GTB/4 would cross their auction block in August. All previous expectations were surpassed when McQueen’s vintage Ferrari took in a rather respectable $9.25 million. Celebrity cars always generate excitement at auction, including those celebrities with Hollywood ties. McQueen is not just a Hollywood icon; his name will always be associated with speed and fast cars.
McQueen was in possession of this 1967 Ferrari 275 GTB/4 for four years before the vehicle was sold to a couple that have done an amazing job of preserving this piece of Hollywood history to include a complete restoration of the GTB/4 that was completed just a few years ago.
Steve McQueen’s 1967 red Ferrari 275 GTB/4 that was purchased during the filming of “Bullet” will cross the auction block during the festivities surrounding the 2014 Pebble Beach Concours d’Elegance.
This piece of Hollywood history has undergone a full restoration and has received it certification from the team at Ferrari Classiche. Ferrari Classiche, was established to provide restoration and maintenance services, technical assistance and Certificates of Authenticity to owners of classic Ferraris. Housed in the former Ferrari Foundry building within Ferrari’s Maranello, Italy factory, the 10,225 square foot workshop was opened in 2006 by the current Ferrari President, Luca di Montezemolo.