Scaglietti’s 1964 Ferrari 250 LM: The Pinnacle of Luxury Racing History

Historic, Rare

When you find yourself in the presence of something as extraordinary as the 1964 Ferrari 250 LM by Scaglietti, it's as if you've stepped into a world that transcends the ordinary. Every curve, every line speaks to a history that's inextricably linked with the raw thrill of competition, the power of engineering, and the transcendent beauty of design. To many, this car, the 22nd of a mere 32 examples, is more than a machine – it's an emblem of human determination and audacity.

Some machines, like the Ferrari 250 LM, have an aura that transcends their function. In every curve and line of this gorgeous vehicle, there is a testament to the brilliance of the human imagination. The very notion that this machine was built to participate in the most grueling of all motor races, the 24 Hours of Le Mans, speaks volumes of its pedigree.

Built in the 1960s, a time when the world was pushing boundaries in every field, the Ferrari 250 LM was the result of bold experimentation and visionary thinking. With this model, Ferrari took the audacious step of placing the V-12 engine in the middle-rear of the vehicle, a significant move from the traditional front-engine placement. This shift in design was instrumental in establishing Ferrari's dominance in the world of racing and influenced the trajectory of sports car design for decades to come.

The story of this car is a rich tapestry of speed, skill, and daring. It raced at Le Mans in 1968, drove to victory in the 1965 BRSCC Season, and was piloted by some of the most notable drivers of the era. Despite its thrilling life on the racing circuit, this 250 LM has remained remarkably unscathed, never having suffered a significant crash. It's like the Rocky Marciano of cars – it's been in the ring with the toughest, yet it remains unbowed and unbroken.

As the years passed, this Ferrari 250 LM underwent a comprehensive restoration in 2021. To keep it true to its roots, it was returned to its original specifications, under the meticulous supervision of Ferrari Classiche. The result is a car that both respects its past and represents an artifact of an era where innovation and artistry were not mutually exclusive, but rather danced together in harmony.

From its exhibitions at the 2022 Pebble Beach Concours d’Elegance, the 2021 Ferrari Finals at Mugello, and the Enzo Ferrari Museum in Modena, to its comprehensive documentation – the Ferrari 250 LM stands as an icon, a testament to the vision, craftsmanship, and raw power that represents the pinnacle of automotive engineering. This is not just a car, it's a story, it's a work of art, it's a legend brought to life in steel, rubber, and glass. The price tag of $18,000,000 – $20,000,000 is a testimony to its inimitable legacy.

Pros:

  1. Historical Significance: This 1964 Ferrari 250 LM by Scaglietti has a storied past that includes racing at the prestigious 1968 24 Hours of Le Mans. Its place in the annals of motor racing history adds a level of desirability for enthusiasts and collectors.
  2. Limited Production: As the 22nd of only 32 examples ever produced, the rarity of this vehicle adds to its exclusivity and potential value.
  3. Preservation: It is one of the relatively few examples that has never suffered a significant crash, which adds to its desirability for collectors.
  4. Provenance: The car has been driven by notable racing drivers in the past, which adds an exciting dimension to its history.
  5. Comprehensive Restoration: The car has been restored to its original specifications by Ferrari Classiche, ensuring its authenticity and meticulous preservation.
  6. Original Parts: It retains the original engine and transaxle utilized at Le Mans in 1968, which is certified with a Ferrari Classiche Red Book.
  7. Documentation: The car comes with an extensive history, which includes factory build sheet copies, SEFAC papers, 1968 Le Mans paperwork, former owner’s correspondence, and other significant historical documents.

Cons:

  1. Price: Priced between $18,000,000 – $20,000,000, it is prohibitively expensive for the average consumer.
  2. Maintenance and Operational Costs: Given the rarity, value, and age of the vehicle, the cost of insuring, maintaining, and running the car could be substantial.
  3. Practicality: Given its value and historical significance, it's unlikely to be used as a daily driver, limiting its practicality.
  4. Limited Opportunities for Use: Apart from high-profile vintage car events, there are limited opportunities to showcase or drive the car.
  5. Potential Restoration Discrepancies: Despite the comprehensive restoration, purists may argue about certain decisions made during the restoration process, potentially affecting the perceived authenticity or value.

$18,000,000 – $20,000,000

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