[phinno13]

By Daily Mail Reporter: 14:25 GMT, 16 May 2012

An ultra-rare Ferrari has become one of the world's most valuable cars after it was sold at auction for a staggering £4million.

The stunning 1957 Ferrari 625 TRC Spider, dubbed the 'prettiest ever made', which stole the show after a bidding frenzy
broke out among wealthy investors.

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The auction house was hoping the car would fetch around £2.4 million but, as with many classic Ferraris, this proved to be
a conservative estimate. Jaws dropped around the hall when the hammer eventually went down at £4 million - making it
the star lot.



One of just two ever built, the 55-year-old car has been described as 'one of the prettiest ever Ferraris' boasting a 'design
without fault'. The 1950s racer was originally fitted with a 2.5-litre engine but underwent a full restoration in 1982 and now
has a 3-litre V12 engine which develops 320bhp.

It was first owned by an American racing driver but had been in the same hands for the past 30-years before it went under
the hammer in Monaco.