August 22, 2014

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Best car of Pebble Beach comes from Medina

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(Reg Regalado / Monterey (Calif.) Herald)

Medina Ferrari is the best of Pebble Beach
The Pebble Beach Concours d'Elegance wrapped up last week in California. Among the highlights:

Best of show.
A 1954 Ferrari 375 MM (shown) owned by Jon Shirley of Medina won the top award at the Concours. The car was originally built for Italian filmmaker Roberto Rossellini. It started life as a convertible, but was converted into a coupe in 1955 for the director. Shirley, a former president of Microsoft, bought it in 1995 and spent nearly two years researching and restoring the car — then did it again after it "got beat up" in road rallies. The car is one of only five remaining road-worthy 375 MMs.

Ferrari auctions. Bonhams auctioned a 1962 Ferrari 250 GTO Berlinetta for $38.1 million, making it the most expensive car ever sold at auction. A 1965 Ferrari GTB/C Speciale sold for $26.4 million to become the fourth-most-expensive car ever sold at auction. And RM Auctions sold actor Steve McQueen's 1967 Ferrari 275 GTB/4 for more than $10 million.
Los Angeles Times

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