Rare Ferrari found at French farm sells for 14m euros Published duration 7 February 2015

media caption The BBC's Tim Allman says the Blue California Spider can now be passed down to next generations.

A rare Ferrari sports car found rusting in a French farmhouse under a pile of old magazines has sold for 14.2m euros (£10.5m; $16.2m) at auction in Paris.

The blue California Spider was hidden away for more than 50 years.

One of only 37 ever made, it was once owned by the French actor Alain Delon and was discovered alongside dozens of other classic models.

An auction house official said the find was the motoring equivalent of the discovery of Tutankhamun's tomb.

The name of the buyer was not revealed.