Seven-figure Ferraris on the block in Gstaad

Crisis? What crisis? That could be the title of the upcoming auction in Switzerland, where London-based auction house Bonhams is preparing to put a series of multi-million-dollar Ferraris on the block. Among those going under the hammer on December 20 at the Palace Hotel in Gstaad is a the 1955 121 LM Spyder Scaglietti, raced at Le Mans and the Venezuelan by the late, great Phil Hill, and anticipated to fetch $4-5.5 million. A '51 212 Export Spyder by Carrozzeria Motto ($2.4-3.2 million), '58 250 GT TdF Aluminum Competition Berlinetta ($3.5-4.3 million) and an Enzo ($1.1-1.4 million) are also up for grabs, along with the unique Ferrari motorbike we reported earlier. Follow the jump for the press release and check out the Bonhams website for more pics. [Source: Bonhams via Luxist]