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Ferrari 375 - Plus sells for more than £10 million at auction

Date: 02/07/2014 09:54:14
Category: Classic Cars
Author: Laura Varley

A Ferrari 375-Plus has fetched £10.7 million at auction after fierce bidding kept pushing up the price.

The Ferrari was the biggest sale made at Bonhams' annual Festival of Speed auction at Goodwood. In total, £22.6 million was made in just four hours, as classic cars were snapped up by keen collectors, reports chichester.co.uk.

Another popular model was a 1902 De Dietrich, which used to be part of the Michael Banfield Collection. The lucky bidder paid £998,300 for the vehicle, which was stored in a stable up until the Second World War, reports rac.co.uk. It was only discovered when a German bomb hit the building.

A similar figure was paid for a 1975 Lamborghini Countach LP400 Periscopio Coupe, as the winner forked out £953,500 for the car.

Bonhams and Goodwood racing car historian, Doug Nye, says he enjoys seeing new owners win the car they want.

"This sale has offered a phenomenal range of really special and important cars with their various classes," he states. "Above all, each of the prime cars offered has links with some of the greatest racing drivers of all time. Names like Jim Clark, Graham Hill, John Surtees and so many more."

Robert Brooks, Bonhams co-chairman, agrees that there was a huge variety of cars for sale this year and is pleased at the "outstanding" result of the auction.

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