The Ferrari 250 MM Spider is a concours star for the race track

Named after the Mille Miglia, this original condition Ferrari 250 MM Spider is being sold by Gooding & Company next January

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To name a car after one of the most iconic races in the world, it has to be of a deserving quality. With a Ferrari, this is never an issue, and the 250 Mille Miglia more than lives up to its name.

Ferrari unveiled this MM in 1953 as another development of the 250 Sport, a car that had won the Mille Miglia and hence gave the new car its name. But it’s the ‘250’ moniker that makes these cars special. The 250 MM had a Gioacchino Colombo-designed 3.0-litre V12, which was noted for its individual porting, hairpin valve springs and exotic four-choke Weber carburettors, capable of approximately 240bhp in all.

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The 1953 Giro di Sicilia marked the first competition appearance of a 250 MM, and a few of the 31 cars built became winners. Gooding & Company is selling chassis 0348, which took six overall wins and a further three class wins between 1954 and ‘57.

The biggest race it competed in was the 1954 Watkins Glen Sports Car Grand Prix, in which it finished eighth. Chassis 0348 was bodied by Carrozzeria Vignale as a spider, and in the ‘Series II’ style with a decorative chrome grille on the hood and outboard headlights.

When first sold to New York’s Alfred Momo Corporation, which managed Briggs Cunningham’s racing team, the car was finished in red with a brown leather interior, which quickly became dirtied as it started its racing career. It changed hands multiple times during this time, on the ownership side and the people in the driving seat.

Some owners also raced, with Charles and Audrey Saffell entering races as ‘Scuderia Furioso’ after purchasing the car in March 1956, and it was with them where it achieved most of its racing success. It then moved through an eclectic mix of owners, including Ken Hutchinson, one of the founding members of the Ferrari Club of America.

Hutchinson retained the car until 1985, and the next owner had the engine of the car rebuilt. Three years after that it was sold to a European owner and, when it eventually returned to America, it was displayed at the Pebble Beach Concours d’Elegance

There have been five owners since, and throughout the car has remained in near original condition. A history report accompanying the sale is proof of that, and you can check out the original chassis, bodywork, engine and gearbox yourself.

If you want this rare 250 MM, one of the last generation of Vignale-bodied Ferraris, which can star at a concours as easily as it can a race track, then check out its AutoClassics auction listing and head to Gooding & Co's Scottsdale auction in Arizona on January 18, 2019. Just make sure you've got at least $5,500,000 (£4,35m, €4,8m) to hand first.

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