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World Service,4 mins

Burnt-out 1950s Ferrari car fetches $2m at auction

Newshour

Available for over a year

The burnt-out shell of an old Ferrari racing car has sold at auction in the US for nearly $2m (£1.5m). The car caught fire during a race in the 1960s and was not touched for decades. It was driven by the Italian Franco Cortese, Ferrari's first racing driver. The 1954 car is a 500 Mondial Spider Series I - and it's one of only 13 ever made. Over the years, the Mondial crashed several times and suffered significant fire damage. Frank Stephenson is one of the world's most sought-after automobile designers. He was the first ever design director hired in-house by Ferrari back in 2002. He told Âé¶¹Éç Newshour's Tim Franks how the car could be rebuilt. (Image: Burnt-out Ferrari. Credit: Getty Images)

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