At the “Ferrari Leggenda e Passione”, an exclusive event held annually in Maranello, Italy, during the Mille Miglia, this year on May 17, RM/Sothebys auction will present the 1957 Ferrari 250 Testa Rossa race car.

This masterpiece of design and engineering is expected to break the world record for the most expensive vintage motor car ever to be sold at auction.

The record is currently held by a 1961 Ferrari 250 GT SWB California Spyder which was sold for USD 10,894,400 (€7,040,000, £5,598,208 GBP) at least year’s Ferrari Leggenda e Passione, on May 18, 2008.

Scaiglietti-designed, “pontoon-fender” 250 Testa Rossa was produced from 1957-1958, and it’s one of the rarest Ferrari racing cars: only 22 units were constructed.

Between 1958-1961 Ferrari 250 TRs participated in 19 international championship races, winning 10 of them.

“This legendary 250 TR is one of the most exciting motor cars ever to be presented in auction history,” said Max Girardo, Managing Director of RM Europe.