1957 Ferrari 250 Testa Rossa Auction Believed to Set New World Record for the Most Expensive Car

The beauty you see pictured above is none other than the legendary Ferrari 250 Testa Rossa race car and it is expected to break the world record for the most expensive vintage motor car ever to be sold at auction which is currently held by a 1961 Ferrari 250 GT SWB California Spyder which changed hands for a staggering $10,894,400 USD (€7,040,000, £5,598,208 GBP) in May 2008. The 1957 250 TR will be put up for sale by RM Auctions, in association with Sotheby's at the famed Ferrari Leggenda e Passione event in Maranello, Italy on May 17, 2009.

Considered by enthusiasts and collectors alike as one of the most sought-after Ferrari racing cars of all times, the Scaglietti-designed 250 Testa Rossa was produced from 1957 to 1958 during which a mere 22 examples were constructed. The iconic Ferrari participated in 19 international championship races from 1958 through 1961 taking a total of 10 victories. "This legendary 250 TR is one of the most exciting motor cars ever to be presented in auction history," said Max Girardo, Managing Director of RM Europe.