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After losing out to Mercedes-Benz in the 1955 World Sportscar Championship, Ferrari recognized that it needed a more powerful car for 1956 and, at the suggestion of engineer Vittorio Jano, returned to its tried-and-trusted 320 horsepower, 3490cc V12 engine to power his new sports car. Driving solo, Juan Manuel Fangio piloted this car to 4th place in the 1956 Mille Miglia, one of the wettest on record. Then Phil Hill, Ken Wharton, Olivier Gendebien, and the Marquis de Portago took 3rd overall in the Nurburgring 1000 km. When Wolfgang (Taffy) von Trips and Peter Collins finished 2nd with it at the 1956 Swedish GP at Krisianstad, the Championship was back with Ferrari. In the spring of 1957, the car was sold to American team owner Temple Buell, and it was raced until 1964 by Masten Gregory, Jo Bonnier, Paul O'Shea, and Manfredo Lippman. The car was never crashed and is one of the most valuable cars in the world.
2015 RM Sotheby's NY Auction : Driven By Distruption
Pre-Auction Estimates :
USD $28,000,000-USD $32,000,000
Sale Price :
USD $28,050,000
Recent Sales of the Ferrari 290 MM
(Data based on Model Year 1956 sales)
| 1956 Ferrari 290 MM by Scaglietti Chassis#: 0628 Sold for USD$22,005,000 2018 RM Sothebys : The Petersen Automotive Museum |   |
| 1956 Ferrari 290 MM by Scaglietti Chassis#: 0626 Sold for USD$28,050,000 2015 RM Sotheby's NY Auction : Driven By Distruption |   |
Ferrari 290 MMs That Failed To Sell At Auction
1956 Ferrari 290 MM's that have appeared at auction but did not sell.
| Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
|---|
Vehicles With Comparable Market Values
Similar sales to the $25,027,500 range.
| 1955 Ferrari 410 Sport Chassis#:0592CM Sold for $23,000,000 2014 Rick Cole Auctions : Monterey |   |
| 1964 Ferrari 275 GTB/C Speciale by Scaglietti Chassis#:06701 Sold for $26,400,000 2014 RM Auctions at Monterey |   |
| 1967 Ferrari 275 GTB/4*S N.A.R.T. Spider by Scaglietti Chassis#:10709 Sold for $27,500,000 2013 RM Auctions - Monterey |   |
1956 Ferrari 290 MM
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