Downtown Monterey during Car Week is a truly strange place. You walk by thousands of barking sea lions as Paganis and PT Cruisers fight for space on the nearby highway. But even by the standard of Car Week, the giant junkyard of Ferraris in various states of trashed was quite the sight. There was even a raccoon!
If ever there was a way to indicate how far David has come from his sad, lonely days sorting Jeep parts in a sweaty Michigan pick-and-pull, it’s our suddenly fancier EiC perusing the corroded rockers of a 1971 Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti.
Why is this here? RM Sothebys Auctions operates out of the Portola Hotel every year and utilizes the open areas around the main ballroom outside to show off its wares to registered bidders. Normally, this means near-perfect versions of all the cars you’ve only ever dreamed about seeing (everything from Friskys to ungodly expensive Hispano-Suizas).
RM Sotheby’s found itself in the position of representing a large collection of highly sought after Ferrari models that were being stored, somewhat secretly, in a warehouse outside of Indianapolis Motor Speedway. When Hurricane Charley tore through the American southeast, in 2004, the damage revealed a barn in Florida where all the cars were stored. These cars were “rescued” and relocated to Indiana.
Rather than try to mix the new cars with the non-running, junky Ferraris, RM decided to stage a junkyard in the middle of downtown Monterey, complete with trash, 2x4s, and a stuffed raccoon. David felt right at home.
If I had a favorite, it was the Ferrari 512 BB Competizione above that went for a little less than its estimate at $1.49 million.
Of course, the infamous Ferrari 500 Mondial Spider, which is barely a hunk of metal, sold for an insane $1.8 million. One of the RM employees on hand pointed out that they did remove the number plate since that’s the most valuable part of the car and, technically, all you need to remake one.
The cars ranged in value from a Ferrari 400 Automatic that sold for about $37k to a Targa Florio-raced 1965 Ferrari 275 GTB/6C Alloy that blew away its estimated price and sold for $3.3 million. Here are the top ten lots if you were curious:
- 1965 Ferrari 275 GTB/6C Alloy by Scaglietti $3,305,000
- 1956 Ferrari 410 Superamerica Coupe Series I by Pinin Farina $2,810,000
- 1954 Ferrari 500 Mondial Spider Series I by Pinin Farina $1,875,000
- 1956 Ferrari 250 GT Coupe Speciale by Pinin Farina $1,655,000
- 1978 Ferrari 512 BB Competizione $1,490,000
- 1967 Ferrari 330 GTS by Pininfarina $1,116,000
- 1965 Ferrari 275 GTS by Pininfarina $1,017,000
- 1964 Ferrari 250 GT/L Berlinetta Lusso $907,000
- 1971 Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti $500,000
- 1968 Ferrari Dino 206 GT by Scaglietti $456,000
The raccoon was a very David touch.
I love the idea of the wooden post staged so nicely on the roof of this 365 GT 2+2.
As someone on Instagram pointed out, this is what David’s life would look like if he won the lottery.
Obviously, after doing this, all of these owners will have to go through a comprehensive restoration. We spoke with a couple of people from Ferrari and they pointed out that they’re around to help start the rebuilding process, which will take years for some of these vehicles.