Rare Ferrari Fetches $27 Million at Auction

An extremely rare Ferrariowned by the former mayor of Lexington, North Carolina, recently sold atauction for $27.5 million.

The lateorphan-turned-millionaire Eddie Smith died in 2007 at age 88.  The 1967 Ferrari 275 GTB/4*S N.A.R.T. Spiderhad been in his family for 45 years and had been stored in a specialgarage.  Only 10 of these cars were everbuilt and one was featured in the 1968 film “The Thomas Crown Affair.” 

The proceeds of the salewill be given to various charities.

See Late NC Businessman’s Ferrari Auctioned for$27M, Associated Press, Aug. 18, 2013.

Special thanks to LauraGalvan (Attorney, San Antonio, Texas) for bringing this article to myattention.