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According to reports, a burnt-out and crumpled old Ferrari 500 Mondial was sold for a whopping $1.875 million at RM Sotheby's Monterey auction recently. However, while the car itself looks like just a
According to reports, a burnt-out and crumpled old Ferrari 500 Mondial was sold for a whopping $1.875 million at RM Sotheby's Monterey auction recently.
In its restored state, this 1954 Ferrari 500 Mondial Spider Series I could fetch $4 to $5.5 million, experts said.
Even though this barn find is a wrecked and burnt shell, its rarity still meant it could bring in serious cash at R.M. Sotheby's Auction at Monterey Car Week.
This 1954 Ferrari Mondial was destroyed in the mid-1960s and is in desperate need of a complete restoration