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1957 Ferrari 250 Testa Rossa Sells for $12.2 Million (UPDATE)

By: Tisah Tucknott - Published: • References: rmauctions and luxist
We recently informed you of an auction that would take place at the RM Auctions’ annual Leggenda e Passione event in Italy.

Well, the Testa Rossa that was up for bidding did indeed take the title for the most expensive motor car ever to be sold at an auction, but it was not at the expected price of $21.7 million. This rare 1957 Ferrari 250 only sold at $12.2 million, but still set a new world record on auction.