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Fangio's Ferrari 290 MM auctioned for whopping $28 million

Snapshot: A Ferrari 290 MM snatched $28 million at the recent RM Sotheby's auction.

What all can you buy if you have Rs 1.5 Billion spare with you? You can buy yourself a fancy house, a yatch or even an airplane. But instead you buy only one car for Rs 1.5 billion, or $28 million. That's the amount a Ferrari 290 MM snatched at the recent RM Sotheby's auction. And it was not some usual Ferrari, but a rare and special one.

While only four units of the 290 MMs were ever commissioned by Ferrari, this particular 290 MM was built to contest in the World Sportscar Championship. While one of these cars won the Mille Miglia with Eugenio Castellotti behind the wheels in 1956, this car was driven by famous Juan Manuel Fangio who finished fourth in the race.  

In the coming years, the car won the Buenos Aires 1000 km race but with Castellotti behind the wheels this time. Later, Luigi Musso and Masten Gregory also won the Buenos Aires 1000 race in this 290 MM. The car was owned by collector Pierre Bardinon for 34 years and then RM Sotheby's identified the new owner of the car as a private European collector.

The auction also included a Porsche owned by Janis Joplin and a Pontiac which belonged to Roy Rogers.

You can click here to check top 10 expensive vehicles sold in an auction!

Here's a list of races the Ferrari 290 MM took part in:

XXIII Mille Miglia, 1956 - Juan Manuel Fangio - 4th Overall

Nurburgring 1000 KM, Germany, 1956 - Phil Hill, Ken Wharton, Olivier Gendebien, Alfonso de Portago - 3rd Overall

Grand Prix of Rouen-Les Essarts, France, 1956 - Alfonso de Portago - 9th Overall

Sveriges Sports Car Grand Prix, Sweden, 1956 - Wolfgang Graf Berghe Von Trips, Peter Collins - 2nd Overall

Buenos Aires 1000 KM, Argentina, 1957 - Masten Gregory, Luigi Musso, Eugenio Castellotti - 1st Overall

Portuguese Grand Prix, Portugal, 1957 - Masten Gregory - 2nd Overall

Grand Prix of Spa-Francorchamps, Belgium, 1957 - Masten Gregory - 10th Overall

Nassau Tourist Trophy, Bahamas, 1957 - Joakim Bonnier - 3rd Overall

Governor's Trophy, Bahamas, 1957 - Joakim Bonnier - 6th Overall

Nassau Memorial Trophy, Bahamas, 1957 - Joakim Bonnier - 7th Overall

Nassau Trophy, Bahamas, 1957 - Joakim Bonnier - 4th Overall

Cuban Grand Prix, Havana, 1958 - Paul O'Shea, Manfredo Lippman - 6th Overall

Source:  Motorsport.com

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