A rare Ferrari 400 Superamerica Cabriolet Pininfarina one of just six built and which was shown by Ferrari at the Geneva and New York Motor Shows will go under the hammer in Monaco with estimates for the 1962 sports car in excess of US$5 million.

A rare Ferrari 400 Superamerica Cabriolet Pininfarina will go under the hammer in Monaco on 1 May and estimates say that the 1962 sports car could fetch in excess of US$5 million.

Just six short wheelbase Ferrari 400 Superamerica Cabriolets were produced by Pininfarina and this particular example graced both the Geneva and New York International Motor Shows as Ferrari’s own display car. The last one built, it is also the only one of the six to sport covered headlights, further adding to its rarity.

For the first time ever, RM Auctions will hold an auction in Monaco, expanding its European presence and continuing its tradition of offering the world's finest motor cars. Taking place at the Grimaldi Forum, this sale will be held during the same weekend as the 7th Grand Prix Historique de Monaco, making this auction a prime destination for automotive enthusiasts and collectors from across the globe.

This particular car has been fully restored and was an award winner at the 2009 Pebble Beach concourse. It will be delivered with full documentation from new, with its original tools and books. Powered by a 3.0 litre V12 engine producing 240 bhp, the Ferrari 400 Superamerica Cabriolet is one of small number of cars built for the legendary Italian car maker’s most exclusive cliental. The Sporting Classics of Monaco auction will take place on 1 May 2010 in The Grimaldi Forum in Monaco and is organized by RM Auctions.