When RM Sotheby's announces an estimate as "In Excess of €25,000,000," you know you're dealing with something special.

But chassis 5893 isn't just special - it's the automotive equivalent of finding the Holy Grail in your attic.

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A legendary Le Mans race car ready to capture attention at the auction event

From a tractor to a Le Mans car, Sotheby's has it all. But not just any tractor - it's what happened when Ferdinand Porsche got bored of making fast cars and decided to revolutionize farming instead. That, and other oddities.

This Ferrari 250 LM didn't just race at Le Mans; it won the damn thing.

And not just any win - it was the last Ferrari to take overall victory at Circuit de la Sarthe for 58 years, until AF Corse's 499P finally broke the drought in 2023.

Let's talk about what makes this car worth more than many small islands. First, it's one of just 32 250 LMs ever built.

That alone would make it valuable.

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Including the last ever Ferrari that won Le Mans — six decades ago. And a cheeky Centiodieci.

But this is the sixth one built, and more importantly, it's the only privateer Ferrari to ever win Le Mans outright.

Think about that - in the entire history of the world's most prestigious endurance race, this is the only customer Ferrari to beat the factory teams.

The story of how it won is equally fascinating.

In 1965, the smart money was on either the factory Ferraris or Ford's new GT40s.

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It's the automotive equivalent of finding a lost Stradivarius that's also a time machine.

Nobody gave much thought to a privateer-entered 250 LM run by Luigi Chinetti's North American Racing Team (NART).

But as the hours ticked by, and the supposedly superior machines fell by the wayside, this underdog kept going. Drivers Masten Gregory and Jochen Rindt (who would later become F1 World Champion) drove the race of their lives.

There's even a wonderful bit of Le Mans mystery surrounding the victory.

Around 4 AM, when fog rolled in and Gregory's eyesight was giving him trouble, backup driver Ed Hugus allegedly took over for a stint - though this wasn't revealed until decades later. It's the kind of detail that makes automotive historians giddy with excitement.

But this car didn't just win Le Mans and retire to a life of cushy museum displays. It went on to compete in six 24-hour races total - three times at Le Mans and three times at Daytona.

That makes it the only Ferrari from the Enzo era to compete in six 24-hour events. Its final race was the 1970 Daytona 24 Hours, where it finished 7th overall - not bad for a seven-year-old car competing against much newer machinery.

What's particularly remarkable is the car's originality. It still has its matching-numbers engine and gearbox - the same ones that powered it to victory at Le Mans.

The engine even bears multiple "scrutineering" stamps from its various Le Mans appearances, like battle scars from its racing career.

Since 1970, it's been carefully preserved by the Indianapolis Motor Speedway Museum, who kept in under lock, key and gun (no, seriously).

It would only occasionally emerge for hyper-prestigious events like Pebble Beach and Amelia island, like a moody teenager. Even in recent years, it's been exercised properly - F1 and IndyCar driver Romain Grosjean took it for demonstration laps in 2021.

The car comes with enough documentation to fill a small library, including copies of its Le Mans papers from 1965, 1968, and 1969, original ownership paperwork, and service records.

It's even accompanied by copies of books where it features prominently - because when you're buying a car this important, you want to read its biography too.

For anyone wondering why Ferrari's upcoming IPO is valued so highly, this car helps explain it.

It represents Ferrari at its absolute peak - when a privately entered customer car could take on and beat the best works teams in the world at the most demanding race in motorsport. It's not just a car; it's a piece of motorsport history that happens to have four wheels and an engine that once roared down the Mulsanne Straight at 3 AM.

At "in excess of €25 million," it's actually starting to sound reasonably priced. After all, how do you put a value on the last Ferrari to win Le Mans for almost six decades?