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Ferrari 250 LM

1963Coachwork by Scaglietti

THE VEHICLE AT A GLANCE

Model dossier

Production period
1963
Body style
Berlinetta
Engine
V12
Type
Limited
Production
32

THE PEOPLE BEHIND THE CAR

Coachbuilding, design & conversions

PRICE & SALES RECORD

Vehicle value

Original price
Not documented
Latest recorded sale
EUR 34,880,000 2025 · RM Sotheby'sRecorded sale of an example of this model.
Price details & sale history ↗

01 / THE STORY

History & context

The Ferrari 250 LM: In 1963 Ferrari unveiled at the Paris Motor Show what was to be the heir to the 250 GTO, the 250 LM. Derived from the 250 P prototype, the abbreviation LM stood for Le Mans, indicating that the car was intended to participate in the French endurance race. A total of 33 examples were produced (32 according to other sources), but the FIA did not consider this to be a sufficient number (100 were needed) and did not grant homologation in the Grand Touring category of the World Sport-Prototype Championship, so the 250 LM had to compete with prototypes. Despite this it managed to bring back several important achievements. But following that lack of homologation Enzo Ferrari in protest lined up in the last Grands Prix of the 1964 Formula 1 season his single-seaters entrusted to John Surtees (who would go on to win the world championship) and Lorenzo Bandini in the blue and white colors of the North American Racing Team, NART, owned by Luigi Chinetti, Ferrari’s importer for North America. The 250 LM presented at the Paris Motor Show mounted a 2953.2 cm³ displacement V12, the same one employed by the 250 GTO and Testa Rossa. But in later examples the displacement was increased to 3285.7 cm³, so that some sources incorrectly report it as 275 Le Mans, following the traditional naming code for Ferrari berlinettas, in which the number refers to the unit displacement. It was powered by six 38DCN carburetors made by Weber. The engine was mounted longitudinally and centrally, and the gearbox, with 5 gears, was also longitudinal and mounted cantilevered behind the engine itself. Power output was 320 hp. The chassis was a steel tube trellis frame. The suspension, both front and rear, was double overlapping triangles with independent wheels, and the shock absorbers were hydraulic with coil springs. The body was built by Scaglietti.

02 / TECHNICAL IDENTITY

Specifications & construction

Production & construction

Production
32
Production type
Limited

Engine & performance

Engine configuration
V12

Dimensions & accommodation

Length
4,270 mm
Width
1,700 mm
Height
1,150 mm

Design & manufacture

Manufacturer · Documented
Ferrari
Coachbuilder / Body Builder · Documented
Scaglietti
Designer · Candidate
Leonardo Fioravanti

04 / INDIVIDUAL HISTORY

Chassis & provenance

Ownership & provenance

Ownership & history · Legacy attribution
Royal Family

05 / VALUE

Value & price history

Recorded sale history

USD · 2 recorded sales

Last sale
USD 17,600,0002015
Highest sale
USD 17,600,0002 recorded sales
Average sale
USD 12,289,613Completed sales only

RECORDED SALES

Recorded sale history

USD

Recorded sale history

USD · 4 dated sales
Scatter plot of completed auction sales. Every point has its own date. The gold line connects recorded prices for the selected currency only; different chassis may be represented. Horizontal positions represent calendar time. Year-only and month-only dates use approximate plotting positions. 19,193,116 12,289,613 5,386,109 2008 2010 2012 2014 2015 USD 6,979,225 · 2008 · Auction house not normalized USD 6,979,225 · 2008 · Auction house not normalized USD 17,600,000 · 2015 · RM Sotheby's USD 17,600,000 · 2015 · RM Sotheby's
2015
RM Sotheby's · Chassis not verified
USD 17,600,000

Each point is a completed sale with its own date, in chronological order. Dates are positioned by calendar time, with approximate placement when only a year or month is documented. The connecting line shows observed sales prices in this currency, not an appreciation index: transactions may concern different chassis and specifications. Factory prices and unsold estimates are excluded.

EUR · 1 recorded sale

Last sale
EUR 34,880,0002025
Highest sale
EUR 34,880,0001 recorded sale
Average sale
EUR 34,880,000Completed sales only

RECORDED SALES

Recorded sale history

EUR

Recorded sale history

EUR · 2 dated sales
Scatter plot of completed auction sales. Every point has its own date. The gold line connects recorded prices for the selected currency only; different chassis may be represented. Horizontal positions represent calendar time. Year-only and month-only dates use approximate plotting positions. 40,112,000 34,880,000 29,648,000 2025 EUR 34,880,000 · 2025 · RM Sotheby's EUR 34,880,000 · 2025 · RM Sotheby's
2025
RM Sotheby's · Chassis not verified
EUR 34,880,000

Each point is a completed sale with its own date, in chronological order. Dates are positioned by calendar time, with approximate placement when only a year or month is documented. The connecting line shows observed sales prices in this currency, not an appreciation index: transactions may concern different chassis and specifications. Factory prices and unsold estimates are excluded.

Auction & sale history

Date Venue Chassis Record Status Amount
2025 RM Sotheby's Model-level · chassis not verified Sale price Sold EUR 34,880,000
2025 RM Sotheby's Model-level · chassis not verified Sale price Sold EUR 34,880,000
2015 RM Sotheby's Model-level · chassis not verified Sale price Sold USD 17,600,000
2015 RM Sotheby's Model-level · chassis not verified Sale price Sold USD 17,600,000
2008 Auction house not normalized Model-level · chassis not verified Sale price Sold USD 6,979,225
2008 Auction house not normalized Model-level · chassis not verified Sale price Sold USD 6,979,225

Market observations describe documented transactions, estimates or offers. They are not themselves a current valuation of the vehicle.

06 / EVENTS & AWARDS

Events & awards

Le Mans General · legacy_preserved
Date
1965
Chassis
General

Preserved CI 1.0 relation. Evidence field: list_of_awards_0_events. No award inferred.

Pebble Beach Concours d'Elegance General · legacy_preserved
Date
2023
Chassis
General

Preserved CI 1.0 relation. Evidence field: list_of_awards_1_events. No award inferred.

Pebble Beach General · legacy_preserved
Date
2025
Chassis
General

Preserved CI 1.0 relation. Evidence field: list_of_awards_2_events. No award inferred.

08 / FROM THE ARCHIVE

Archive

References held in the vehicle dossier. Their inclusion does not establish that every historical claim has been independently verified.

ReferenceSource type
Ferrari — 250 LM www.ferrari.com Manufacturer official history

10 / CONNECTED HISTORY

Timeline

Chronological history9 dated records
  1. Unassigned chassis · Event

    Le Mans

  2. Unassigned chassis · Auction

    Auction house not normalized · Sold · USD 6,979,225

  3. Unassigned chassis · Auction

    Auction house not normalized · Sold · USD 6,979,225

  4. Unassigned chassis · Auction

    RM Sotheby's · Sold · USD 17,600,000

  5. Unassigned chassis · Auction

    RM Sotheby's · Sold · USD 17,600,000

  6. Unassigned chassis · Event

    Pebble Beach Concours d'Elegance

  7. Unassigned chassis · Event

    Pebble Beach

  8. Unassigned chassis · Auction

    RM Sotheby's · Sold · EUR 34,880,000

  9. Unassigned chassis · Auction

    RM Sotheby's · Sold · EUR 34,880,000

THE CONVERSATION

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