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Tuesday, 23 August 2011

Ferrari auctioned for record $16.4 million

Ferrari
A 1957 Ferrari Testa Rossa fetched $16.4 million at a California auction, setting the record for the highest price ever paid for a car at auction.

The car was the first Testa Rossa built, and served as the prototype for Testa Rossa race cars. It has a 300-horsepower 3.0-liter V-12 engine and a four-speed manual transmission. The gavel came down Saturday at the annual Pebble Beach Concours d'Elegance at Monterey Car Week in California, where hundreds of other pricey classic cars were sold.Vcommindia News

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