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Bonhams Brings Ferrari Magic To The Palace

http://www.bonhams.com/cars

1955 Ferrari 121 LM Spyder Scaglietti, Chassis # 0558 LM piloted by Phil Hill at Le Mans in 1955, and by Castellotti at Mille Miglia in 1955.
© Ted Walker, Ferret Fotographics


1955 121LM Spyder by Scaglietti and 1951 212 Export Spyder by Carrozzeria Motto from the Estate of the Antoine Midy

The Palace Hotel, Gstaad, Switzerland, 20 December 2008

Set in the heart of the Swiss Alps in the fairytale, five-star Palace Hotel in Gstaad, the Bonhams sale of Ferrari and other prestigious Italian motor cars is now in its 11th year. Headlining this year’s sale on 20 December will be two historically important competition Ferraris from the Estate of the late Antoine Midy, a well-known French collector.

The 1955 121 LM Spyder by Scaglietti, chassis no. 0558LM, was raced by the late Phil Hill (the only American to have won the Formula One World Championship), in both the 1955 Le Mans 24 Hours and the Venzuela Grand Prix. The six-cylinder Ferrari 121LM was new on the grid and was the fastest car that year, outpacing the world championship-winning Mercedes-Benz 300SLRs and the ‘Longnose’ Jaguar D-Types. Eugenio Castellotti also competed in the car in that year’s Mille Miglia.

In 1957 Carroll Shelby and John Kilborn competed in '0558' at Sebring and the Cuban Grand Prix while the car was in the long-term ownership of Luigi Chinetti in the USA. In 1976, the car joined the Mas du Clos Collection of Pierre Bardinon before passing directly into the hands of Antoine Midy. During this time the car has participated in many historic events such as the Mille Miglia retrospective and the Ferrari Shell Challenge. It is estimated to sell for CHF 4.7 – 6.6 million (£2.3 – 3.3 million).

Also from the same collection is the 1951 Ferrari 212 Export Spyder by Carrozzeria Motto, chassis no. 094E, which won 2nd in class and finished 3rd overall in the 1954 Mille Miglia, driven by Piero Scotti. The car was subsequently raced extensively by Argentinian driver Roberto Bonomi. More recently, ‘094E’ competed in the 1980 Mile Miglia Retrospective while in the ownership of M Bollaert of Buenos Aires. During Midy’s ownership, the car took part in the Tour Auto and raced at Monaco, and is estimated to fetch CHF 2.8 - 3.8 million (£1.35-1.85m).

Other Ferrari highlights include a 1955 250 GT Pinin Farina ‘Europa GT/ Boano’ Coupe, chassis 0435 GT, to be offered at No Reserve (estimate CHF 560,000 - 650,000/£280,000 - 320,000), and an ex-Tour Auto and Tour de Corse 1976 Ferrari 308 GTB Group IV Michelotto, one of only 11 produced, (estimate CHF 900,000 - 1,000,000/£450,000 - 500,000).

For further information relating to Bonhams’ Gstaad Sale, please go to www.bonhams.com/cars

For more information and images contact Rebecca Ruff on +44(0)207 468 8210 or Josephine Olley on +44 (0)207 468 8229, or

NOTES FOR EDITORS Bonhams, founded in 1793, is one of the world's oldest and largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son and Neale UK. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America and in August 2003, Goodmans, a leading Australian fine art and antiques auctioneer with salerooms in Sydney, joined the Bonhams Group of Companies. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street, and Knightsbridge, and a further seven throughout the UK. Sales are also held in San Francisco, Los Angeles, New York and Boston in the USA; and Switzerland, France, Monaco, Australia, Hong Kong and Dubai. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 57 specialist areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments, go to www.bonhams.com. (1st January 2008)
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