Ex-Fangio Ferrari 290 MM joins Petersen Museum auction

A 1950s factory Scuderia Ferrari sportscar raced by a star-studded list of Formula 1 world champions and race winners has joined RM Sotheby's Petersen sale

In association with

A matching numbers, Ferrari Classiche-certified 1956 Ferrari 290 MM previously raced by Formula 1 legends Juan Manuel Fangio, Peter Collins and Sir Stirling Moss is heading to RM Sotheby's Petersen Automotive Museum auction on December 8.

Gaining its 'MM' designation from the legendary Italian Mille Miglia road race, the 290 MM was designed to restore Ferrari dominance over Mercedes-Benz, featuring lightweight aerodynamic coachwork from Scaglietti. It has recently received a complete restoration by Ferrari Classiche in Italy and now houses a perfect Tipo 130 V12 engine.

More on Ferrari

What sets this 290 MM apart is the men who have sat in the driver's seat. Five-time F1 world champion Juan Manuel Fangio, 1962 F1 world champion Phil Hill, British racing legend Sir Stirling Moss, and Ferrari factory racers Peter Collins, Wolfgang von Trips, Olivier Gendebien and Eugenio Castellotti have all piloted this 290 MM during its racing life.

Scuderia Ferrari ran the car between 1956 and 1957, debuting at the ’56 Mille Miglia. Racing in 860 Monza specification, this car finished second overall thanks to Peter Collins and Louis Klemantaski, finishing fourth at the Targa Florio and second in the San Bernardo Hillclimb later that year. Its first year of racing was capped by Fangio and Castellotti using it for the Swedish Grand Prix, albeit ending with an engine failure.

In 1957 it was modified to 290 MM specification and finished 3rd in the 1000km Buenos Aires with Collins, Castellotti and Alfonso de Portago. Its final race as part of the works team was at that year's 12 Hours of Sebring, with Hill and von Trips.

The 290MM was then sold to a privateer and raced by Sir Stirling Moss at the 1957 Bahamas Speed Weeks, winning the Memorial Race and the Nassau Trophy Race, then continued to reside in America and race at national events, collecting several first in class finishes.

After a spell in various private collections, it came to England in 2008, where three years later it took part in the Tribute to Juan Manuel Fangio Parade during the Goodwood Revival. Its next and current owner then sent the car off to Ferrari in Italy for a truly authentic restoration.

RM Sotheby's has yet to disclose a sales estimate but, going by the previous sale of a 290 MM at its New York auction back in 2015, this 290 MM could easily threaten to break into the top 10 most expensive cars ever sold at auction.

The Petersen Automotive Museum auction is a new addition to the RM Sotheby's auction calendar, with a one-off Ferrari 330 GT Vignale Shooting Brake also participating in the same sale.

Classic Cars for Sale