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Motor1
Motor1
Sport
Brian Potter

1958 Ferrari Reappears With A Shocking $5M Estimate

The most talked-about Ferrari at Monterey Car Week this year is not a modern hypercar. It is a 1958 Ferrari 250 GT Cabriolet Series I by Pinin Farina, a delicately styled open-top grand tourer carrying a headline presale estimate of $4–5 million at RM Sotheby’s.

That number raises two questions for collectors: what sets this 250 GT Cabriolet apart, and is $5 million wild money or in line with today’s Ferrari market. Misjudge either and you misread everything from its provenance to how blue-chip auction houses price rare Maranello cars.

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