25 Cars Sold for $260 Million in 2016

© RM Sotheby’s© RM Sotheby’s
1951 Ferrari 340 America Barchetta by Touring
Sale Price: $8,231,154
Auction: RM Sotheby’s, Monaco
This Ferrari 340 began being assembled in January of 1951 — the third of twenty-three 340 chassis to be built — and went to Carrozzeria Touring for the Barchetta coachwork five months later. Sold in Paris in June of that year to Pierre Louis-Dreyfus who would eventually take over the multi-million-dollar business known today as the Louis-Dreyfus Group. Louis-Dreyfus raced this Ferrari 340 at Le Mans in 1951 and 1952. With a 4.1-liter V12 engine putting out 217 horsepower, the 340 is rumored to be able to top 150 mph.

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