Skip to main content

These vintage Ferraris were once lost to time, but can now be yours

RM Sotheby's Lost & Found Collection features 20 amazing Ferraris

RM Sotheby's Lost & Found Ferrari collection
RM Sotheby's

Buried treasure is something we all wish, hope, and search for. It’s why we watch pawn shop shows, pick through garage sales, and scour the beach with metal detectors from sun up to sun down. And while actually finding that hidden gem can be as elusive as seeing a shooting star or finding a four-leaf clover, we sometimes find the proverbial motherload. Although it may seem a crazy notion that a Ferrari could be considered ‘buried treasure’, this is exactly what happened in a warehouse in Indiana when a stable full of Ferraris was found untouched since 2004 and is now set to be auctioned off on August 17, 2023.

1965 Ferrari 275 in yellow
Sean Rozekrans/Openverse

A Ferrari collector’s dream come true

As with most things that get lost to time, a series of bizarre events lead up to their disappearance. The collection was first stored in a barn in Florida in 1990 and then left untouched until 2004, when Hurricane Charley decided to create chaos all along the Floridian coast. That mayhem destroyed the Ferraris’ home, uncovering the collection and damaging some of the cars in the process.

From there, the set of twenty stallions was herded into a warehouse where they were parked in Speedway, Indiana. Ironically, the weatherproof facility where these Ferraris lay motionless for nearly two decades is directly across from the Indianapolis Motor Speedway.

While technically not completely unknown to the entire world, in a press release from RM Sotheby’s, CEO Rob Myers says, “While a select group of Ferrari collectors knew about the existence of these extraordinary cars, the rest of the world remained unaware. This represents a once-in-a-lifetime opportunity for enthusiasts to acquire these iconic Ferraris, some of which have participated in renowned races.”

Dubbed The Lost & Found Collection, this group of proud ponies aren’t just your run-of-the-mill Ferraris (if there is such a thing). Some of these cars have profound and rich histories that make their value dramatically higher than being an ‘average’ classic Ferrari.

1956 Ferrari 250 GT Coupe Speciale by Pinin Farina
RM Sotheby's

1956 Ferrari 250 GT: A classic car fit for a king

One such car is a 1956 Ferrari 250 GT Coupe Speciale by Pinin Farina. Originally owned by King Mohamed V of Morocco, this numbers-matching V-12 is one of just four ever made with Superamerica-style coachwork. Although it does show a bit of rust on the exterior of its powder blue paint (known as Celeste), RM Sotheby’s estimates it could sell for $1,700,000 to $2,300,000 even before any type of restoration.

1954 Ferrari 500 Mondial Spider Series I by Pinin Farina chassis
RM Sotheby's

1954 Ferrari 500 Mondial Spider: A $1.5 million history

The most interesting Ferrari of this group looks like nothing more than a vestigial rusted hull. But this skeleton is actually a 1954 Ferrari 500 Mondial Spider Series I by Pinin Farina. Having raced at the Mille Miglia, Imola Grand Prix, and Targa Florio, this car was driven by ex-Scuderia Ferrari driver Franco Cortese who brought the Prancing Horse its first overall victory. This Mondial is only the second of its kind, and just one of 13  made with Pinin Farina spider coachwork, all adding up to RM Sotheby’s estimate of $1,200,000 to $1,600,000.

Ferrari 512 BB Competizione in red
RM Sotheby's

1978 Ferrari 512 BB Comepetizione: From Le Mans to a barn

The Ferrari 512 BB Competizione also stands out among this group, as it is just one of three cars prepped for the 24 Hours of Le Mans in 1978. As a testament to its racing pedigree, this purpose-built machine managed over 19 hours and 232 laps before it was put out to pasture. Despite being a seasoned racetrack veteran, this 512 BB is in strikingly great condition, which is one reason why it is estimated to sell for anywhere between a staggering $1,800,000 to $2,800,000.

The entire collection of Ferraris in the Lost & Found Collection to be sold at auction includes, in chronological order:

  • 1954 Ferrari 500 Mondial Spider Series I by Pinin Farina
  • 1956 Ferrari 250 GT Coupe Special by Pinin Farina
  • 1956 Ferrari 410 Superamerica Coupe Series I by Pinin Farina
  • 1960 Ferrari 250 GT Coupe Series II by Pinin Farina
  • 1964 Ferrari 250 GT/L Berlinetta Lusso by Scaglietti
  • 1965 Ferrari 275 GTB/6C Alloy by Scaglietti
  • 1965 Ferrari 275 GTS by Pininfarina
  • 1965 Ferrari 330 GT 2+2 Series I ‘Interim’ by Pininfarina
  • 1966 Ferrari 330 GT 2+2 Series II by Pininfarina
  • 1967 Ferrari 330 GTS by Pininfarina
  • 1968 Ferrari Dino 206 GT by Scaglietti
  • 1969 Ferrari 365 2+2 by Pininfarina
  • 1971 Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti
  • 1972 Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti
  • 1972 Ferrari 365 GTC/4 by Pininfarina
  • 1976 Ferrari 308 GTB ‘Vetroresina’ by Scaglietti
  • 1977 Ferrari 400 Automatic
  • 1978 Ferrari 512 BB Competizione
  • 1980 Ferrari 512 BB
  • 1991 Ferrari Testarossa

Learn More

Editors' Recommendations

Lou Ruggieri
A lifelong lover of cars, Lou contributes to Motor Trend, Hot Cars, Auto & Truck Connection, and the PowerAutoMedia Group.
Ford increases BlueCruise subscription to $800 per year
Ford BlueCruise subscription bumped up to $800 per year
Ford Mustang Mach-E

In 2021, Ford introduced the BlueCruise on the Mustang Mach-E and the F-150. It’s also available in the 2022 Lincoln Navigator, but it’s marketed under a different name — the Lincoln ActiveGlide. Ford delivered on its promise to make the BlueCruise or ActiveGlide one of the most advanced self-driving software currently available. More succinctly, you can drive your Mustang Mach-E or F-150 without putting your hands on the wheel for over 100,000 miles of highways across North America. The Ford BlueCruise will also warn you if you take your eyes off the road so you don't get distracted while it's in self-drive mode.

When the Ford BlueCruise was released, the subscription cost was $600 for three years or $200 per year. If your Mustang Mach-E or F-150 doesn’t come with BlueCruise as a standard feature, you would need to pay $995 to install the hardware. However, Ford has recently increased BlueCruise subscription to $2,100 for three years.

Read more
Popular automakers want the U.S. government to postpone 2030 EV adoption target
Popular automakers want more time to meet EV adoption target
vehicles driving on the highway

Michael Fousert/Unsplash

In 2021, President Biden's administration announced an ambitious plan to have 50% of all vehicles sold in the U.S. by 2030 to be zero-emission vehicles. As part of the plan, the government introduced the federal tax credit, and it's investing billions of dollars to advance charging infrastructure, battery components, and clean transportation technology. Popular automakers such as Ford, General Motors, Stellantis, BMW, and Volkswagen welcomed the government's plan and pledged that 50% of their lineups will be electric vehicles by 2030.

Read more
Pirelli P-Zero AS Plus 3 tire review: First drive tests leave a lasting impression
Pirelli promises racing inspired performance — does it deliver?
Pirelli P-Zero AS Plus 3 tread 5

Pirelli P-Zero AS Plus 3 tread

Pirelli recently announced a new tire, the P-Zero AS Plus 3. With the announcement came some bold proclamations about construction and performance. We're used to that, honestly; every time a new product is announced, the company responsible for it proudly lauds its accomplishment. With tires, it's a bit easier to stress-test them. So we did.

Read more