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1958 Ferrari 250 TR
2dr Spider
12-cyl. 2953cc/300hp 6 Weber Carbs
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
$39,600,000 CAD*
-11.1%
#4 Fair condition#4 Fair
Jan 2025
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1957-1958 Ferrari 250 Testa Rossa stats
Highest sale
$16,140,872 CAD
Lowest sale
$1,065,283 CAD
Most recent sale
$1,065,283 CAD
Sales
6
Photos
2 photosImages may not reflect selected vehicle.
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Model overview
Model description
The Ferrari 250 Testa Rossa was the successor to the Monza series of race cars. Its name translates to “red head,” which refers to the red painted valve covers on the 3.0-liter V-12 engine, which in the case of the 250 Testa Rossa was fed by six Weber carburetors. The Testa Rossa was used as Ferrari’s top level entry in international endurance racing since the FIA had placed a limit of 3.0-liter displacement on prototypes.
While the factory campaigned a handful of Testa Rossas, Ferrari intended for the car to be campaigned by privateers in both Europe and North America. As a result, it was not overly complex and emphasized ruggedness and reliability over technical complexity. That’s not to say the Testa Rossa wasn’t fast, however. It led Ferrari in points to the World Sports Car Championship in 1958, 1960 and 1961 after losing out to Aston Martin in 1959. Ferrari won the 24 Hours of Le Mans in each of these years as well, with an iteration of the Testa Rossa winning again in 1962 and becoming the last front-engined car to win the race. Some of the all-time greats piloted 250 Testa Rossas on the track, including Phil Hill, Wolfgang Von Trips, Olivier Gendebien and Mike Hawthorn.
The first of the 250 Testa Rossas featured unusual but gorgeous “pontoon” bodywork by Scaglietti. The front fenders protrude forward separately from the central part of the bodywork, and the bodywork turns in behind the front wheels leaving an open area underneath the fenders. Different and more conventional but still beautiful bodywork was used on later examples.
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Common Questions
The value of a 1958 Ferrari 250 TR can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $27,500,000 USD for a 1958 Ferrari 250 TR in good condition with average spec.
Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.
Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.
Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.
The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.