Steve McQueen's Ferrari Expected To Sell For Nearly $1 Million

A Ferrari belonging to late Hollywood actor Steve McQueen is set to pick up between $800,000 and $1.2 million at a Christie's auction in August, according to estimates. The car, driven by the "king of cool" for a decade from 1963, was unveiled by the famous auction house on Friday.

McQueen was a race car enthusiast and often performed his own driving stunts in films. The sports car, boasting a metallic-brown exterior, is a 250 GT Berlinetta Lusso and is said to be in remarkable condition.

Christopher Sanger, a spokesman for Christie's says, "It's probably the best example of a Ferrari Lusso that's out there on the marketplace. Owned by a man who made the automobile and hard driving an essential component of cool in the 60s and 70s, this Lusso offers a truly unique opportunity for the collector."

(World Entertainment News Network)

From the Christies Website:

The ex-Steve McQueen 1963 Ferrari 250GT Lusso Chassis #4891 will be the centerpiece of Christie’s auction of Exceptional Motor Cars at the Monterey Jet Center on August 16th.

In 1963, actor Steve McQueen ordered this car new from Otto Zipper Motors in Santa Monica, California. Completed to McQueen’s specifications, including the rare factory color of chestnut brown metallic with a light beige interior, it joined his garage’s impressive collection and was greatly enjoyed.

Its current owner, Mike Regalia of Thousand Oaks, California, acquired the car in 1997. Via a complete frame-off restoration, comprised of 4,000 plus man-hours, Regalia returned the car to its original specifications, including McQueen’s original license plate. The Lusso has since been featured in Motor Trend Classic Magazine with Chad McQueen (November 2005) and displayed at the Petersen Museum in Los Angeles. It has also won numerous awards at events, including Amelia Island Concours d’Elegance and the Cavallino Classic.

Because only 350 Lussos have ever been built, of which this car is widely regarded as a best example, and with its unmatched provenance by one of the most iconic figures of the 20th century, this is an unparalleled opportunity to acquire a very drivable and desirable front-engine V-12 Ferrari. With the balance of McQueen’s personal collection either in museums or long-term private collections, this is arguably the most significant celebrity-owned car ever to come to auction.

To go to the official auction site, click o the following link: THE MCQUEEN FERRARI