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" A 1957 Ferrari 250 Testa Rossa Prototype sold during the Pebble Beach Concours d&amp;#039;Elegance for a whopping $16.39 million, making this lithe red racing car the most expensive vehicle ever sold at auction. Built for racing \u2013 and not white suit-wearing Miami detectives like the mid-engine 1980s version \u2013 the original pontoon-fendered Testa Rossa is widely considered one of the most beautiful cars ever created. The name, Italian for &amp;quot;red head,&amp;quot; is derived from the car&amp;#039;s red valve covers. Hot on the heels of this phenomenal Ferrari was a 1931 Duesenberg Model J &amp;quot;Whittell Coupe,&amp;quot; which sold for $10.34 million. This represents a new record price for an American car sold at auction. In total, Gooding &amp;amp;amp; Company, the official auction house of the Pebble Beach weekend, sold in excess of $78 million in collector cars. That&amp;#039;s proof the recession might finally be coming to an end, or wealthy investors are giving up on volatile stocks for something a lot more fun to own. Other notable sales included a 1959 Ferrari 250 GT LWB California Spider, which sold for $3.35 million, a $2.58 million sale of a Shelby Cobra 289 Factory Team Car, along with the sale of Bentley&amp;#039;s oldest surviving production car, a 1921 Bentley 3-Liter which found a new home once bidding stopped at $962,500. Related posts:  World&amp;#039;s Oldest Surviving Bentley Sold at Auction Monterey Auction: Ford Thunderbird Sports Roadster Concept Car 2011 Ford Mustang GT Daytona Pace Car For Sale Again \u2013 2012 Barrett-Jackson Las Vegas Auction  "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.roadandtrack.com/car-culture/buying-maintenance/news/a3096/most-expensive-car-ever-sold-at-auction-25728/>