Historic 1964 Ferrari 250 LM Sells for $36M at RM Sotheby’s Paris Auction
The 1964 Ferrari 250 LM, one of the most legendary race cars in motorsport history, has found a new owner after selling for a staggering $36.3 million at RM Sotheby’s 2025 Paris auction. This historic Ferrari carries a legacy unmatched in endurance racing.
A Le Mans Champion Like No Other
This particular Ferrari 250 LM is best known for its overall victory at the 1965 24 Hours of Le Mans, where it was driven by racing icons Masten Gregory and Jochen Rindt under the North American Racing Team (NART). This win not only cemented Ferrari’s sixth consecutive Le Mans victory but also marked a unique achievement—the only privateer-entered Ferrari to ever win Le Mans overall.
As the last Ferrari V12 to claim an overall Le Mans victory, the 250 LM holds a special place in Ferrari’s racing history. It was also the first mid-engine Ferrari, pioneering a design philosophy that continues to shape modern supercars.
A Coveted Piece of Ferrari History
With coachwork by Scaglietti, this particular 250 LM is more than just a race-winning car—it is one of the most historically significant Ferraris ever built. It remains the only Ferrari from the Enzo Ferrari era (1947–1988) to compete in six 24-hour endurance races, including three times at Le Mans and three times at 24 Hours of Daytona
Adding to its provenance, this 250 LM was displayed by Luigi Chinetti Motors/NART at the 1967 New York Automobile Show before being carefully preserved for over 54 years by the Indianapolis Motor Speedway Museum.
An Unmatched Collector’s Dream
This Ferrari 250 LM remains in highly original condition, retaining its matching-numbers engine and gearbox. The car’s incredible documentation includes:
- Copies of 1965, 1968, and 1969 Le Mans papers
- Ownership paperwork from Luigi Chinetti
- Parts and service invoices
- A detailed history report by Ferrari expert Marcel Massini
As the sixth—and most important—of just 32 Ferrari 250 LMs built, this car represents a pinnacle of Ferrari’s golden era.
A Ferrari 250 LM on Display at Revs Institute
For those eager to witness a 1965 Ferrari 250 LM up close, Revs Institute in Naples, Florida, proudly displays one in its world-renowned collection. As one of the finest automotive museums in the world, Revs Institute preserves significant pieces of motorsport history, offering visitors a rare opportunity to see this iconic race car in person.