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Why this wrecked Ferrari is good value at $3m
Apparently, the burnt-out remains of a 1954 Ferrari race car was a bargain.
Tony DavisMotoring writer
Last year an auction bidder paid just under $2.88 million for what was described as a “1954 Ferrari 500 Mondial Spider Series I by Pininfarina” rather than, say, “a pile of bent and singed parts”.
Many mocked the unknown buyer of this fire-damaged wreck, but it might have been a wise buy after all.
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Tony DavisMotoring writerTony Davis writes on lifestyle specialising in cars. Email Tony at tony.davis@afr.com.au
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