Friday, May 10, 2013

FOXNews.com: John Lennon's Ferrari up for grabs again

FOXNews.com
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John Lennon's Ferrari up for grabs again
May 10th 2013, 14:21

Published May 10, 2013

The Wall Street Journal

  • lennon-ferrari-660.jpg

English auction house Bonhams said it will offer a 1965 Ferrari 330GT 2+2 that once belonged to the late Beatles singer and songwriter John Lennon at its auction at the Goodwood Festival of Speed in Chichester, England, on July 12, The Wall Street Journal reports.

According to the sales catalog, the Ferrari was the first car Lennon bought after passing his driving test in February, 1965. As the story goes, news that Lennon had passed the especially demanding English motor-vehicle test made headlines.

"Within hours, the road outside the security gates of his Kenwood home in Weybridge, Surrey, was jammed with Maseratis, Aston Martins, and the Jaguar E-type, as luxury car dealerships – hungry for business – spotted an opportunity to secure a high-profile client," the auction house description reads.

Lennon wound up choosing the azzuro blue Ferrari, for which he paid £6,500 That price equates to £110,000 or about $171,000 today, adjusted for inflation. The car is expected to fetch between $280,000 and $343,000 at the July auction.

Read more at The Wall Street Journal

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