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Historic Formula One Cars to Auction at RM Sotheby's Monaco Sale

market-auction · 2026-04-13

RM Sotheby's Monaco auction on April 25 at the Grimaldi Forum will feature four historic Formula One cars, including two Ferraris, a Toleman, and a Fittipaldi, with a combined low estimate exceeding €10 million. The 1978 Ferrari 312 T3, designed by Mauro Forghieri and driven by Carlos Reutemann in four 1978 races and by Gilles Villeneuve at the 1979 Argentinian Grand Prix, leads the group with an estimate of €4.5–5.5 million. Only five chassis of this model were built for the 1978 season. The auction's total low estimate reaches €87 million, highlighting the high value of these racing vehicles from pivotal years in the sport.

Key facts

  • Four historic Formula One cars will be auctioned by RM Sotheby's
  • The auction takes place on April 25 at the Grimaldi Forum in Monaco
  • Cars include two Ferraris, one Toleman, and one Fittipaldi
  • Total low estimate for the cars is over €10 million
  • The 1978 Ferrari 312 T3 has an estimate of €4.5–5.5 million
  • Carlos Reutemann drove the Ferrari 312 T3 in four 1978 races
  • Gilles Villeneuve drove the same car at the 1979 Argentinian Grand Prix
  • Mauro Forghieri designed the Ferrari 312 T3, with only five chassis built

Entities

Artists

  • Carlos Reutemann
  • Gilles Villeneuve
  • Mauro Forghieri

Institutions

  • RM Sotheby's

Locations

  • Monaco
  • Grimaldi Forum
  • Argentinian Grand Prix

Sources