Rare 1967 Ferrari fetches $27.5 million

Rare 1967 Ferrari fetches $27.5 million

‘Ferris Bueller’ car up for auction

The “Ferris Bueller” Ferrari is being auctioned off this weekend. CNBC’s Robert Frank reports the price is expected to top $ 250,000.

Smith Jr. advised the new owner to “drive it, love it, enjoy it, and more importantly share it with others so they can see it.” The auction house has not disclosed the new owner.

In keeping with his father’s philanthropy, the family was giving all proceeds to various charities, Smith Jr. said.

Smith Sr., who became wealthy from a mail-order company he started, was a beloved figure in Lexington. Mayor from 1970 to 1975, he also led hospital, college and chamber of commerce boards.

The avid car enthusiast owned several Ferraris, but the 275 N.A.R.T. Spider was his favorite because he loved the look, sound and feel of it, Smith Jr. told The Dispatch of Lexington.

“Dad wouldn’t want the car to be shut away, he would want it to be enjoyed,” he said. “Even when the value reached went over a million dollars, he would still drive it.”

The 275 N.A.R.T. Spider was featured in the 1968 film “The Thomas Crown Affair,” the Los Angeles Times reported.

The Associated Press.

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