1967 Ferrari 275 may set record at Monterey Classic Car Week auction

The 1967 Ferrari 275, one of just 10 made, is expected to fetch up to $17 million at an Aug. 17 auction during Monterey Classic Car Week.The $14,500 that Eddie Smith Sr. paid for his 1967 Ferrari 275 was a lot of money half a century ago -- about $100,000 in today's dollars.