Children's Ferrari Replica Sets A New Price Record At Paris Auction

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A Ferrari 330 P2 Junior set a new price record at an auction on February 13, 2021 (Credit: RM Sotheby's)

When RM Sotheby's was commissioned to sell a Ferrari 330 P2 Junior, they expected it to fetch between $6,000 and $12,000 (5,000 to 10,000 euros). As it turned out, the experts had significantly underestimated the vehicle's value. On February 13, 2021, an enthusiastic bidder paid a record $145,445 (120,000 euros) — including the auctioneer's 20 percent commission — for the pristinely-preserved replica of one of Ferrari's finest 1960s sports-racing cars.

The Junior model features some of the same features as a regular Ferrari (Credit: RM Sotheby's)

The classic Ferrari red children's vehicle, complete with racing roundels donned with the number three, measures 93 by 40 by 26 inches. The single-seater is fitted with a 5.0 horsepower gasoline Honda engine, similar to those used in go-karts. Bearing the serial number 28, it was built-to-order in 1990 by French car manufacturer De La Chapelle.

The company, primarily known for making replica cars powered with BMW, Peugeot, and Mercedes-Benz engines, began offering the "junior" vehicles for their client's children in the early 1980s. The stylish custom-made cars featured four-stroke engines with throttle and braking, headlights, indicators, leather seats, and even wood-rimmed steering wheels. They soon became the must-have children’s toys, especially among Ferrari owners.

Miniature versions of high-end cars were extremely popular among Ferrari owners (Credit: RM Sotheby's

The lucky owner of this ultra-cool Junior Ferrari will be able to test their racing skills at the Little Big Mans — the children's version of the famous Le Mans Classic car race — scheduled to take place in France from July 1 to July 4th, 2021. They will also be able to showcase the new acquisition at the second annual Junior Car Concours event in London, England, in September 2021.

The previous record-holder was for the most expensive children's car was a 1958 250 Ferrari Testa Rossa replica (Credit: RM Sotheby's)

The previous record for a children's car was held by a 1958 250 Ferrari Testa Rossa replica, which was sold at an RM Sotheby's auction in New York for $126,500 in 2013. The perfectly-preserved children's version of the iconic racing car is one of only five left from the 34 models produced by Ferrari between 1957 and 1958.

Resources: New Atlas.com, rmsothebys.com.

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Children's Ferrari Replica Sets A New Price Record At Paris Auction - Reading ComprehensionFriday, February 26, 2021 at 9:56 am

G ManRead the article, then demonstrate your understanding by answering each of the following questions in 1-2 sentences.

1) For how much did R.M Sotheby's expect the Ferrari 330 P2 Junior to sell?
2) What did the Ferrari fetch instead?
3) Describe the Ferrari replica
4) For what is De La Chapelle best known?
5) When did the company begin making children's cars?
6) What did the children's cars feature?
7) How popular were the children's cars?
8) What can the new owner of the Ferrari do with the vehicle?
9) What held the previous record for the most expensive children's car?
10) What was unique about the car?

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