1953 Ferrari Auctioned for $13 Million

1953 Ferrari 340/375 MM Pinin Farina
Berlinetta "Competizione"

When I was a boy, I had a Matchbox Ferrari. These well-made, metal toy miniature cars appealed to me. I could play with them for hours, inventing new adventures in the world of sleek, elite high-performance automobiles. Calling a Ferrari by any term other than "Ferrari," however, seems almost disrespectful to the brand's pedigree, accomplishments, and aura.

Some current auto collectors have strong feelings about Ferraris, and they're putting their money where their desires are. According to a story in today's Chicago Tribune, a rare 1953 Ferrari 340/375 MM Pinin Farina Berlinetta "Competizione" was auctioned for $13 million. The lucky bidder won a machine that appeared at the 24 Hours of LeMans race. Now that's pedigree.