Ferrari sells for $28m… but bidders zoom in on Joplin’s psychedelic Porsche

A 1956 Ferrari sold for $28 million at an auction where Janis Joplin’s psychedelic Porsche also changed hands for three times as much as expected. The Ferrari, built for Formula One great Juan Manuel Fangio to compete in a 1,000-mile race through Italy, was bought by an unnamed European collector. It was one of only four 290 MMs to be built and was never crashed despite a racing career that lasted until 1964. The Porsche was the star lot in Sotheby’s Driven by Disruption auction in New York but failed to pass the world record of $38.1 million paid for a Ferrari 250 GTO Berlinetta at Bonhams in 2014. Meanwhile, Joplin’s wildly painted 1964 Porsche 356C Cabriolet fetched $1.76 million, well above its top estimate of $600,000. The counter-culture relic was featured at the Rock and Roll Hall of Fame and Museum in Cleveland for the past two decades. It was sold by her family, which has owned it since 1973. The singer bought the white Porsche used for $3,500 in September 1968 and got a friend to customize it with a psychedelic mural that includes her astrological sign, Capricorn, and a scene of northern California. She drove it regularly until she died of a drug overdose in 1970.

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