Photo

Amidst a host of other multimillion-dollar sales on the Monterey Peninsula of California this weekend, the 1967 Ferrari 275 GTB/4 N.A.R.T. Spider sold by RM Auctions for $27.5 million has become, according to RM, the second most expensive car ever to be sold at auction — and the most expensive Ferrari ever to cross the block.

Being one of 10 special North American Racing Team convertibles, this Italian beauty was bound to fetch a high price, which the auction house had estimated would fall between $14 million and $17 million.

Last year’s Best of Show winner at the Pebble Beach concours, a 1928 Mercedes-Benz 680S Torpedo Roadster, was sold by RM Auctions for $8.25 million.

A 1931 Bentley 4 1/2 liter Supercharged Le Mans was sold Friday by Bonhams for $4.65 million.