This lovely 1957 Ferrari 335 Sport Scaglietti just set a new auction record when it found a new home for a staggering $35.7 million at the Artcurial Motorcars even in Paris. Bidding started at about $22 million for chassis No. 0674 and with in a minute began to approach $30 million before it was sold to an obviously very wealthy anonymous bidder.



But there's a catch. If you keep track of classic car values, you might remember that a 1962 Ferrari 250 GTO sold in 2014 at a California auction for $38.1 million, which simple math dictates is more than $35.6 million. So, why the new record?



As you're probably aware, the value of the U.S. dollar has strengthened relative to the Euro in recent years, so the record holder depends on which currency you're using. The 335 was sold for the equivalent of €32.075 million, while the 250 GTO's hammer price worked out to €28.5 million in 2014.



But no matter how you look at it, $35.7 million is huge amount of cash and the 335 Sport Scaglietti has the history and provenance to justify it. It first competed as a Ferrari factory race car at the 12 Hours of Sebring and later at legendary races including the Mille Miglia and 24 Hours of Le Mans, where it was piloted by some of the greatest drivers in history.



Wolfgang von Trips, Mike Hawthorn and Stirling Moss have all left their butt sweat in the driver seat. It was later purchased by collector Pierre Bardinon, who has kept it in his collection for the past 40 years.