A red Ferrari 275 GTB/4*S N.A.R.T. Spider, one of only 10 ever built, was recently sold at auction for $27.5 million (U.S.).

A Ferrari 275 GTB/4*S N.A.R.T. Spider recently sold at auction for $27.5 million

Various reports peg the buyer as Canadian billionaire Lawrence Stroll.  Mr Stroll built his fortune in the 1990s helping develop the Tommy Hilfiger clothing brand and is worth an estimated $1.8 billion.  He reportedly already owns more than 20 other Ferraris, as well as a race track near Mont Tremblant, Que., to drive them on.

N.A.R.T. stands for North American Racing Team, a Ferrari-backed venture created in the late 1950s to promote the brand in the U.S.  A 275 N.A.R.T. Spider was featured in the 1968 film “The Thomas Crown Affair” starring Steve McQueen.

The previous sales record for a sports car sold at auction in the United States was a 1954 Mercedes-Benz W196 raced by Juan Manuel Fangio.

Sources: Wheels.ca; Forbes.com; Wikipedia