According to a release from RM:
RM Auctions, in association with Sotheby’s, made history this past weekend at Maranello, as the sale of a 1957 Ferrari 250 Testa Rossa set a new world record for the highest price achieved by a motor car at auction. One of just 22 pontoon-fendered Testa Rossas produced, this wonderful example of one of the most significant racing cars in history attracted global media attention and spirited bidding. When the gavel fell, 0714 TR sold for €9,020,000 or approximately USD $12.2 million, surpassing the previous world record set by RM in 2008 for a 1961 Ferrari 250 GT SWB California Spyder.
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