The famed Monterey Car Week has been held this summer despite the COVID-19 pandemic. Of course, it was all done online this year, instead of in-person. However, the virtual auction held in Pebble Beach, California performed surprisingly well. A total of ten collectible cars sold for $1.5 million or more. A Ferrari race car even set a record for its online sale price. Below are the five most expensive sales from this year’s Monterey auction.
1995 Ferrari F50 – Sale price: $2,134,000
Sporting a 513 horsepower, 4.7-liter V-12 engine, (and with only 10,000 miles on it) this 1995 Ferrari F50 is one of only 349 built between 1995 and 19997. It’s also one of just 55 imported for sale in the United States. The car was rated to be in excellent condition and sold for more than $2 million, putting it firmly in the top five sales category.
1959 Porsche 718 RSK Spyder – Sale price: $2,232,500
Porsche Spyder models always fetch good money at auction. This year’s Monterey event was no exception. Among the last of 35 Spyder’s ever built, this 718 RSK has a notable race history. It won at the Bahamas Speed Week in 1959 and reached the podium 15 times between 1959 and 1960. Additionally, this car hadn’t changed ownership since 1974, making it even more desirable. This Spyder was also rated to be in mint condition.
2003 Ferrari Enzo – Sale Price: $2,354,000
The mid-engine Enzo (Ferrari’s successor to the above mentioned F50) was named in honor of company founder Enzo Ferrari. It had a limited production run of just 400 cars. This Ferrari only has 7,100 miles on it, and it just one owner removed from the assembly line. While it sits third on this list, it shouldn’t be a surprise, given the F50 transactions seen recently. The $2.35 million price came with a “good condition” rating. In March, RM Sotheby’s sold a different Enzo in better condition (and with less miles) for $2,782,500.
1966 Ferrari 275 GTB Long Nose – Sale Price: $3,080,000
Selling for just over $3 million, this un-restored 1966 Ferrari 275 GTB Long Nose held the online auction sales record for all of 10 minutes during this year’s Monterey auction. Then it was bested by the next entry on our list. A late-production torque-tube nose with a factory six-carb intake and external filler, this Ferrari was delivered new to its original owner in white with tan leather upholstery. Both of those features have been preserved well. This car also came with the original books, tools, wire wheels, Massini Report, and records from Ferrari itself.
2001 Ferrari 550 GT1 Prodrive – Sale Price: $4,290,000
The new record car price at an online sales auction belongs to a 2001 Ferrari 550 GT1. This unique vehicle sold at Monterey for a whopping $4.29 million. The 550 GT1’s price landed almost perfectly at the midpoint of its pre-auction estimate of $3.85 million to $4.85 million. The second of only 12,550 GT1 chassis built, this Ferrari has legitimate racing prestige. It won the 2004 FIA GT Championship. It also won the 2004 Spa 24 Hours, becoming the last V12 Ferrari to post an overall victory in a 24-hour race. Of its 49 races, this 550 GT1 won 14 times and finished in the top three a total of 29 times.