Why such a staggering sum for a car that can’t be driven? The answer lies in its pedigree. This Mondial is one of just 13 Series I Spiders built, raced in period by legendary drivers, and boasts a competition history that includes iconic races. Its rarity and provenance make it a true collector’s trophy, regardless of its current state.
Restoring this Ferrari will be a monumental task, with experts estimating costs could easily match or exceed the purchase price. Yet, for collectors, the allure isn’t just about driving—it’s about preserving a piece of racing history. In top condition, Mondials can command several million dollars, underscoring why even a “crispy and crumpled” survivor can spark a bidding war.
At Monterey, this sale proved that in the world of classic Ferraris, history and rarity trump condition—sometimes, what’s left unrestored is worth its weight in gold.