Porsche ‘Giant Killer’ 550 Spyder Sells For €3.042.500

1956 Porsche 550 RS Spyder by Wendler
1956 Porsche 550 RS Spyder by Wendler ©2018 Courtesy of RM Sotheby's

Porsche ‘giant killer’ 550 Spyder sells for a whopping €3.042.500 in Paris.

A record breaking Paris sale to date on Wednesday evening, generated more than €32.4 million at the sixth annual RM Sotheby’s sale during Rétromobile 2019.

A packed auction room, enthusiastic bidding, and strong prices were seen across the evening, beginning with a selection of motorsport memorabilia that even witnessed an Ayrton Senna McLaren Rheos Helmet selling for an eye watering €162,000.

1956 Porsche 550 RS Spyder by Wendler
1956 Porsche 550 RS Spyder by Wendler ©2018 Courtesy of RM Sotheby’s

Historic sports and racing cars from the 1950s and 60s also starred at the sale, with a 1956 Porsche 550 RS Spyder, Porsche’s first dedicated competition car, selling for a final €3,042,500 to become the second highest sale of the night.

The fledgling automaker’s first product specifically designed for competition, it was inspired by several successful Porsche-powered, privateer-built ‘specials’ in the early 1950s. Quick to succeed, the open-topped, mid-engined Spyders dominated their inaugural outing at the Nürburgring in May 1953 in preparation for Le Mans a month later, where they would claim 1st and 2nd in their class.

Other High Flyers

A 1987 Ferrari F40 LM was the undoubted star lot of the sale and represented a very rare opportunity to acquire one of Maranello’s legendary sports racing cars of the modern era. The car offered is a unique piece of Ferrari history as it not only boasts a significant and successful competition history, but it also played an important development role as a pre-production prototype. As a result, pre-sale interest in the car was very strong and intense bidding in the room and over the phones saw the car achieve €4,842,500 to set a new world record for the model.

Ferrari F40 LM
1987 Ferrari F40 LM sells for a staggering €4.842.500 – Stephan Bauer ©2018 Courtesy of RM Sotheby’s

Demonstrating the continued high demand for top-tier supercars, the 1994 Bugatti EB110 Super Sport, one of just 30 examples built and no doubt one of the lowest mileage examples in existence at a mere 916km from new, sold for €2,030,000 (est. €1.3/1.8m).

The EB110 opened a sustained bidding contest between three bidders on the phone and one in the room, eventually nearly doubling the previous record for the SS model held by RM Sotheby’s (€1,152,500). Additional modern performance highlights include the 2017 Ferrari F12tdf, which saw tremendous interest throughout the exhibition for its stunning Brunito paintwork and tan saddle leather custom interior, translating to a bidding contest on the night, resulting in an above-estimate final price of €1,197,500 (est. €825/950k).

A 2015 Porsche 918 Spyder, beautifully outfitted from the factory with Liquid Metal Silver finish, Magnesium wheels, and the Weissach package rear spoiler, sold for a final €1,101,875 (est. €950k/1.1m), while the 2018 Bugatti Chiron, showing less than 1,800 km on the odometer, as well as the Classiche-certified 1996 Ferrari F50, were sold immediately following the auction for €2,275,000 and €1,700,000 respectively.

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