Le Mans Ferrari 275P withdrawn from Artcurial sale
The sale of a 1964 Le Mans-winning Ferrari has collapsed, ending speculation of a new world record fee paid at auction
The sale of a Ferrari 275P that claimed victory at Le Mans in 1964 has been suspended due to ongoing concerns with the Pierre Bardinon estate.
It was due to be put under the hammer by Artcurial Motorcars on February 9, with the Bardinon estate having signed with the auction house on July 31, 2017.
A statement from Artcurial specified ‘ongoing proceedings concerning the estate’ as the cause for the sale falling through. However, it is known that the French family have been embroiled in controversy surrounding tax – having valued their car collection at $78million, when experts placed the estimate closer to $200million.
Bardinon, a renowned exotic car collector, died in 2012. French law dictates that the heirs of an estate should have to pay a gift tax proportional to their assets. Hence, undervaluing the car collection would mean the family would be liable to pay less tax. It is also reported that the siblings who inherited the collection are in a legal battle against one another.
This particular 275P was the last factory-run Ferrari to win the Le Mans. Jean Guichet and Nino Vaccarella shared the 3.3-litre V12 to victory in 1964, five laps ahead of Graham Hill and Jo Bonnier, and John Surtees and Lorenzo Banzini – both pairs driving Ferrari 330Ps.
Last year Artcurial sold a 1957 Ferrari 335S Scaglietti from the Bardinon Collection, achieving the highest price in pounds sterling and euros ever paid for a car at auction, at €32,075,200 (£24,693,782 or $35,711,359) including premium.
Matthieu Lamoure, managing director of Artcurial Motorcars, said: ‘Two weeks before the sale, we share the enormous disappointment of all the enthusiasts looking forward to the event, as well as collectors who were already positioned to bid on this exceptional automobile.’
When, or if, the Ferrari 275P will resurface again for auction or private sale is yet to be seen.
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