Auction: One million euros for scrap?
NOTHING IS IMPOSSIBLE The Ferrari 500 Mondial Spider was once a successful racing car. An auction house now wants to sell a wrecked, barely recognizable example at auction for more than one million euros.
In good condition, classic Ferrari models are worth high millions. A Formula 1 car driven by Michael Schumacher, for example, sold for more than 14 million euros, and even a LaFerrari can fetch millions at auction. Buyers are said to have paid as much as 70 million euros for a 250 GTO. But a million euros for the remains of a red one?
Even in scrap condition, the cars from Maranello still seem to be worth a lot. The auction house RM Sotheby's is convinced that the Ferrari 500 Mondial Spider from 1954 - or what remains of it - will find a buyer on August 17 who will pay more than one million euros.
Original reached 235 km/h
In the first series, 13 examples of the 500 Mondial Spider were built by Pininfarina. From 1954 Scaglietti (gallery center) took over the body production for the remaining copies. The crashed car offered is the second 500 Mondial built. It is rusted, dented and burnt out. Seats and wheels are completely missing. The original sprinted to 100 km/h in six seconds and managed a top speed of 235 km/h.
