Dating back to 1950, when the Pebble Beach Concours d’Elegance® and Pebble Beach Road Races were first held, the automotive-related events on the Monterey Peninsula each August have made this gorgeous coastal area the undisputed global epicenter of car culture. This year, live events are back and span Friday, August 6 to Sunday, August 15.
The going rate for a Ford GT is about $1.2M-$1.5M, or nearly three times the GT’s original $447,000 MSRP (before options). Barrett-Jackson’s top sale in Scottsdale was $1.485M for a 2017 GT with just 141 miles. A ’17 Ford GT in ’66 Heritage livery was the top sale at Barrett-Jackson’s Las Vegas auction in October 2019. It sold for $1.54M.
The Ferrari 275 GTS was positioned as the more comfortable everyday driver. Its interior appointments were a bit more luxurious, with fully adjustable and more accommodating bucket seats, plus more luggage space. The 275 GTS that sold at the Mecum Monterey auctioned for $1.1m (pre-sale estimate was $1.1m-$1.4m).