Although the world is going through tough economic times, the super rich are splurging on coveted cars.
In auctions held this weekend, nine much-desired cars were on the block.
Here we give a lowdown on the winners and losers.
A red 1957 Ferrari became the most expensive car sold at an auction, fetching $16.4 million at Gooding & Co in California.
The Ferrari 250 Testa Rossa prototype competed in the Le Mans 24-hour race.
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