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Record sale: Ferrari racer fetches R146m

2013-12-05 11:58

CLASSIC RACE-INSPIRED TOY: The 1/47th-scale Corgi 250 LM, numbered 314 in the range, featured an opening bonnet that revealed a tiny engine.Image:BIDORBUY

NEW YORK - A classic 50-year-old Ferrari 250 LM racing car, which inspired one of the world's best-selling child's toys, has been sold at auction by Sotheby's in New York for a record R146-million.

The rare 1964 250 LM, known as chassis 6107 was used mainly to cruise around town and the scenic Mulholland Drive highway in California and has 16 000km on its odometre.

Its most recent owner was a Japanese collector who bought it in 1983 and displayed the vehicle for 30 years. Only 32 were built since its launch in 1963.

ICONIC TOY

Many remember a die-cast version in the now defunct Corgi range of model cars. More than 1.6-million were sold until the early 1970s, making it one of the most popular miniature cars yet.

The 1/47th-scale Corgi 250 LM was numbered 314 in the range and featured an opening bonnet to reveal a tiny engine.
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