Ferrari’s 1965 Le Mans-winning car sold for 35 million euros

This photograph shows a 1954-55 Ferrari Tipo 555 “Super Squalo” 2,5-liter Formula 1 Racing Single-Seater during the press presentation of the exhibition “Les Grandes Marques du Monde” by Bonhams Cars, at the Grand Palais in Paris, on Feb. 4, 2025. (AFP)
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Updated 06 February 2025
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Ferrari’s 1965 Le Mans-winning car sold for 35 million euros

  • Ferrari said that the eye-watering sum is the highest paid for the 250 LM model
  • Masten Gregory and Jochen Rindt drove the car

ROME: The Ferrari which won the 1965 edition of the prestigious Le Mans 24 Hours race was sold for 34.9 million euros ($36.2 million) at a Paris auction, the Italian manufacturer said Thursday.
Ferrari said that the eye-watering sum is the highest paid for the 250 LM model, with this specific car winning Ferrari’s sixth consecutive title on the “Circuit de la Sarthe” in western France and their last until 2023.

Masten Gregory and Jochen Rindt drove the car, which had been on display at the Indianapolis Motor Speedway Museum since 1970 before being offered for sale by Sotheby’s, for the North American Racing Team (NART).
Ferrari gave no details as to the identity of the buyer of the 250 LM model, of which only 32 were made.
The record for the sale of a Ferrari was a 330 LM/250 GTO from 1962 which went under the hammer in New York for $51.7 million in November 2023.


Cambodia takes back looted historic artifacts handled by British art dealer

Updated 28 February 2026
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Cambodia takes back looted historic artifacts handled by British art dealer

  • The objects were returned under a 2020 agreement between the Ministry of Culture and Fine Arts and the family of the late Douglas Latchford, a British art collector and dealer who allegedly had the items smuggled out of Cambodia

PHNOM PENH, Cambodia: Cambodian officials on Friday received more than six dozen historic artifacts described as part of the country’s cultural heritage that had been looted during decades of war and instability.
At a ceremony attended by Deputy Prime Minister Hun Many, the 74 items were unveiled at the National Museum in Phnom Penh after their repatriation from the United Kingdom.
The objects were returned under a 2020 agreement between the Ministry of Culture and Fine Arts and the family of the late Douglas Latchford, a British art collector and dealer who allegedly had the items smuggled out of Cambodia.
“This substantial restitution represents one of the most important returns of Khmer cultural heritage in recent years, following major repatriations in 2021 and 2023 from the same collection,” the Culture Ministry said in a statement. “It marks a significant step forward in Cambodia’s continued efforts to recover, preserve, and restore its ancestral legacy for future generations.”
The artifacts were described as dating from the pre-Angkorian period through the height of the Angkor Empire, including “monumental sandstone sculptures, refined bronze works, and significant ritual objects.” The Angkor Empire, which extended from the ninth to the 15th century, is best known for the Angkor Wat archaeological site, the nation’s biggest tourist attraction.
Latchford was a prominent antiquities dealer who allegedly orchestrated an operation to sell looted Cambodian sculptures on the international market.
From 1970 to the 1980s, during Cambodia’s civil wars and the communist Khmer Rouge ‘s brutal reign, organized looting networks sent artifacts to Latchford, who then sold them to Western collectors, dealers, and institutions. These pieces were often physically damaged, having been pried off temple walls or other structures by the looters.
Latchford was indicted in a New York federal court in 2019 on charges including wire fraud and conspiracy. He died in 2020, aged 88, before he could be extradited to face charges.
Cambodia, like neighboring Thailand, has benefited from a trend in recent decades involving the repatriation of art and archaeological treasures. These include ancient Asian artworks as well as pieces lost or stolen during turmoil in places such as Syria, Iraq and Nazi-occupied Europe. New York’s Metropolitan Museum of Art is one of the prominent institutions that has been returning illegally smuggled art, including to Cambodia.
“The ancient artifacts created and preserved by our ancestors are now being returned to Cambodia, bringing warmth and joy, following the country’s return to peace,” said Hun Many, who is the younger brother of Prime Minister Hun Manet.