Canadian Buys Rare Ferrari For $27.5 Million

Above: The Ferrari 275 GTB/4*S N.A.R.T. Spider on the auction block (Eugene Robertson/RM Auctions)

A rare Ferrari 275 N.A.R.T. Spider owned by an orphan-turned-millionaire was sold at a Saturday auction for US$27.5 million and various reports say the buyer is Canadian billionaire Lawrence Stroll.

The fashion entrepreneur, who helped develop the Tommy Hilfiger clothing brand in the 1990s, already owns more than 20 other Ferraris, as well as a race track near Mont Tremblant, Quebec, to drive them on.

The $27.5 million is a record for a car sold at auction in the United States and second in the world to the $29.7 million paid for a 1954 Mercedes-Benz W196 raced by Juan Manuel Fangio.

The red Ferrari 275 GTB/4S N.A.R.T. Spider was one of only 10 ever built, and its single-family ownership increased interest in the sale, the Los Angeles Times reported.

Related Posts

Previous Post Next Post

Leave a Reply

Your email address will not be published. Required fields are marked *