10 costliest cars at Pebble Beach

The $16.4 million Ferrari wasn't the only multi-million dollar car sold at this year's California classic car auctions.

1957 Ferrari Testa Rossa
1957 Ferrari Testa Rossa
Price paid: $16.4 million
Engine: 3.0-liter V-12
Auctioned by: Gooding & Co.

This was not only the highest price paid for a car at this year's Pebble Beach auctions, it was the highest price ever paid for any car at auction, period.

But it was hardly the only multi-million dollar car deal in California that weekend.

The annual Pebble Beach Concours d'Elegance is the premier classic car competition in the world.

With throngs of well-heeled car buffs gathered there, the area around the Concours has become the site of a number of auctions that often garner multi-million dollar sales.

These are the top 10 highest-priced auction sales at this year's event, as compiled by the collector car insurance company Hagerty Insurance. These prices don't include any additional post-auction deals that may have been made, but they do include the auctioneers' commissions, which usually run around 10%.


By Peter Valdes-Dapena - Last updated August 25 2011: 3:21 PM ET
Join the Conversation
Cadillac's huge-tastic convertible

General Motors unveiled a large convertible concept car that shows one possible future for Cadillac.

Find Your Next Car

Get the latest car news:

Most Popular
 
 
 
 
 

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.