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Ferrari sets $16.2 million world record

Ferrari 250 Testa Rossa 0714TR set a new world record price of 9 million euro (16.2 million) on the weekend.

The car – a previous featured car here at CarsGuide - raised the global auction record bar at RM Auctions Leggenda e Passione Ferrari auction in Maranello.

Carsguide Car of the Week - Shelby Daytona Cobra -- was passed in at $6.8 million..

Another featured car, the Ferrari 350 CanAm was also passed in. The 350 CanAm – P4 was expected to gain a higher sale price than the 250 TR but failed to reach the $10  million reserve.

The previous world record was set when UK radio host Chris Evans paid Euro 7.0 million ($12.62 million) for the black 1861 Ferrari 250 GT SWB California previously owned by James Coburn.

Both cars were sold at the “Ferrari Leggenda e Passione”, an annual auction of the finest Ferrari and Maserati super cars organized by RM Auctions and held at Ferrari’s test track, Fiorano, in Maranello.

Unlike last year, this year’s top bidder was not at the auction, remaining anonymous and bidding over the telephone while competing against three other bidders.

The 1957 Ferrari 250 Testa Rossa, one of just 22 similar models built at Maranello, boasts an important race history in North and South America. It debuted in the Buenos Aires 1000km in 1958 and came 4th overall before being sold to a US client who raced it extensively in the SCCA championship.