Iconic 1960 Ferrari 412P Berlinetta Shatters Records at $30 Million Auction

The world of luxury cars was in for a thrilling ride when an iconic piece of automotive history changed hands

by Faruk Imamovic
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Iconic 1960 Ferrari 412P Berlinetta Shatters Records at $30 Million Auction
© Youtube/Bonhams Auctioneers

The world of luxury cars was in for a thrilling ride when an iconic piece of automotive history changed hands. Last weekend, the Bonhams auction saw the stunning Ferrari 412P Berlinetta from 1960 fetch a whopping $30.25 million, making it one of the most expensive Ferraris ever sold.

A Storied Legacy: The 412P Berlinetta's Journey

Ferrari's 412P Berlinetta is no ordinary car. Produced in 1960, it belonged to Ferrari’s esteemed P series, the lineage of which is still apparent in the modern 499P model powered by a hybrid V6 engine akin to the 296 GTB.

But what makes this specific 412P even more unique is its rarity—only two of these models were ever made, and the one auctioned bore the distinctive chassis number 0854. This was the very vehicle delivered to Colonel Ronnie Hoare's renowned racing team.

Competing in events like the 1,000 kilometers of Spa and the 24 Hours of Le Mans, it wasn’t just a showpiece but a testament to engineering prowess. In 1968, it clinched victories at the Nuremberg 200 km race, the Solituderennen in Hockenheim, and the Swedish Grand Prix.

However, as quickly as it rose to fame, its journey took a twist. The 1968 rule changes led Hoare to pull his team from competition, and soon after, the vehicle found a new owner in the famed racer, David Piper. But by 1969, it was with American enthusiast Chris Cord of Philadelphia.

Since then, it's traveled between Japan and Great Britain, undergoing meticulous restoration in 2005 to its prime 1967 form. Remarkably, this historical gem still flaunts its original chassis, engine, and gearbox, not to mention its power-packed 4.0-liter V12 engine producing 420 hp.

Setting Auction Records

With its selling price of $30,255,000, this Berlinetta has etched its place as the sixth most expensive Ferrari ever auctioned. But it's not alone in its glory. The highest price ever fetched for a Ferrari is held by the 1963 Ferrari 250 GTO (4153GT) at a staggering $70 million.

Closely following are two other 250 GTOs from the early '60s and the Ferrari 335 S Spider Scaglietti from 1957.

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