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The auction of important Ferrari sports and racing cars made history recently recording £25 million in sales.

The one-day auction held at Pista di Fiorano race track in Maranello, Italy, featured 33 factory certified road and racing Ferraris along with treasured memorabilia spanning six decades of the famed marque.

The event attracted an international audience who bought 32 of the 33 cars offered.The average selling price of was in excess of £500,000.

Setting several world records the sale highlight was the £4.9 million achieved for the incredible Le Mans winning 1962 Ferrari 330 TRI/LM Testa Rossa (Chassis 0808) that was piloted to victory by world champion Phil Hill and Oliver Gendebien - one of the most valuable and important Ferraris ever offered at auction.

Felipe Massa's first Grand Prix winning 2006 Formula 1 car changed hands at over £1 million.

Top sellers of the memorabilia collection from Ferrari's archives was a 1:24 scale model of a F2004 race car used for wind tunnel testing that drew a bid of over£35,000 and an original Formula 1 steering wheel used by world champion Michael Schumacher during the 2005 racing season, which broughtalmost £45000.

Other world auction records set at the Maranello sale included:
- 1953 340/375 MM Berlinetta Competizione (£3 million plus)
- 1970 512 S Sports Car (£1.8 million)
- 1966 Dino 206 SP (£1.7 million)
- 1953 340 MM Competition Spyder (£1.6 million)
- 1971 Daytona Spyder (£700,000)
- 1966 275 GTS (£280,000)
- 1985 288 GTO Prototype (£360,000)