Greg Jones is the content strategist for Speedville.com. He is also the managing editor for Motorcycle & Powersports News and Engine Builder Magazine. He graduated from the University at Albany, State University of New York with a degree in journalism. He currently lives in the Cleveland, OH area and has always been fascinated with fast cars, motorcycles and the roar of a good engine.

Hollywood legend Steve McQueen has been linked to many cars and motorcycles over his acting career and in his personal life. Enthusiasts and fans of the actor are always on the look out for a chance to own a vehicle the actor once owned or worked with in a movie. This August a red, 1967 Ferrari 275 GTB/4 once owned by McQueen, will be coming up for auction, and some say it has the potential to set new records when the hammer falls.

The 275 GTB/4 is already a rare car. Only 280 were ever made and the last time one came up for auction, bidding passed the $2.8 million mark. However, that one wasn’t owned by Steve McQueen.

Therefore there’s a good chance that when this car goes under the hammer on August 15 in Monterey, California at the Pebble Beach Concours d’Elegance, bidding could well surpass the $10 million mark. That would be sufficient to make it one of the most expensive Ferraris ever to sell at auction. McQueen sold this Ferrari back in 1971.