Movement at the very pinnacle of automotive collectibles

Prior to last Friday, just four cars had ever sold for more than USD $30 million at auction – now there’s a fifth, and it comes as no surprise that the Ferrari 412 P that fetched $30,255,000 was sold from the collection of film and car maker James Glickenhaus. Glickenhaus, who has a keen eye for aesthetics, was the perfect fit to own a business that converts racecars into road vehicles.

Scuderia Cameron Glickenhaus builds elite road-legal race cars for both on- and off-road environments and after Glickenhaus‘ 18 years of personal ownership of this Rubenesque (automotive) renaissance beauty it was probably time to transfer custodianship.

During Ferrari's Sports-Prototype Racing golden period, this car ran at the pointy end of every major race it contended. Once retired, it was made road legal and registered accordingly, becoming one of the world's fastest and best looking road cars.
During Ferrari’s Sports-Prototype Racing golden period, this car ran at the pointy end of every major race it contended. Once retired, it was made road legal and registered accordingly, becoming one of the world’s fastest and best looking road cars.

Bonhams

The car is a true artifact from the Ford Ferrari wars. It played an integral part in winning the 1967 World Sportscar Championship for Ferrari with the four championship points it scored for its third place in the 1967 1000kms of Spa making all the difference – Ferrari ultimately won the championship by two points from Porsche.

A look under the cowling shows the enormity of the DOHC V12 engine which is still detailed by Ferrari on its web site. The two-valve per cylinder 4-litre powerplant was carried over from the previous year's prototype Scuderia Ferrari, but with six massive 40DCN/15 Weber carburettors in place of the injection system. The end result was 420bhp at 8,000rpm, driving through the 5-Speed Ferrari transmission.
A look under the cowling shows the enormity of the DOHC V12 engine which is still detailed by Ferrari on its web site. The two-valve per cylinder 4-litre powerplant was carried over from the previous year’s prototype Scuderia Ferrari, but with six massive 40DCN/15 Weber carburettors in place of the injection system. The end result was 420bhp at 8,000rpm, driving through the 5-Speed Ferrari transmission.

Bonhams

The Ferrari 412P’s last competitive outing was at Hockenheim (Germany) in July 1969, and before the end of that year it had been sold to Chris Cord, the grandson of E.L. Cord of Auburn/Cord/Duesenberg fame, and registered for road use in Pennsylvania, USA. Over the subsequent five decades, it has often been used as a road car as it has been passed between elite collectors.

The Ferrari 412P's last competitive outing was at Hockenheim (Germany) in July 1969, and before the end of that year it had been sold to Chris Cord, the grandson of E.L. Cord of Auburn/Cord/Duesenberg fame, and registered for road use in Pennsylvania, USA. Over the subsequent five decades, it has often been used as a road car as it has been passed between elite collectors.
The Ferrari 412P’s last competitive outing was at Hockenheim (Germany) in July 1969, and before the end of that year it had been sold to Chris Cord, the grandson of E.L. Cord of Auburn/Cord/Duesenberg fame, and registered for road use in Pennsylvania, USA. Over the subsequent five decades, it has often been used as a road car as it has been passed between elite collectors.

Bonhams

Barchetta has a complete competition history of the car, which includes wins at the 1968 Nuremberg 200km, Solituderennen and Swedish Grand Prix, and it also details known sale prices for the 412P which range from $9,976. 70 in 1970 (there’s nothing quite as unappreciated as a race car that has just been deemed no longer competitive), to $3. 5 million in 1995 and $5.0 million in 1997 … charting its remarkable journey into the appreciative and expert custodianship of Glickenhaus, and its remarkable $30,255,000 sale price last Friday.

Source: Bonhams

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