Andy Warhol had one rare Ferrari, he bought it only to make an art piece parody of Rolls Royce, but sold it without racing it, making art of it, or knowing how rare it was

above,  a 1955 Ferrari 857 Sport Scaglietti Spider 0588 M.

Ferrari built just four 857 Sports models, and 0588 M was the last example created.

After a brief period with the Ferrari works team, the car returned to Ferrari and Scaglietti, where it received its spider coach work on and distinctively finished with a rear upright fin, similar to that of a D-type Jaguar.

 In 1956, John Edgar purchased the “new” Ferrari to add to his stable. In its first US competition outing in 1956, Jack McAfee wielded the 857S to a second place at Palm Springs. Soon thereafter, McAfee drove 0588 M, finishing third at Pebble Beach.

All this racing wore out the Ferrari mechanicals, and mechanic Jack Deren put a Chevy engine, gearbox, rear end in it. Then Oscar Kovaleski won races with it. Even beating NART Factory Team Ferrari's and private Cobras.

These initial successes kicked off a long list of significant wins for the car but by 1966, this Ferrari ended up bought Andy Warhol, for $3600, who painted the car yellow with the intention of creating a parody of the movie The Yellow Rolls-Royce,

http://theoldmotor.com/?p=54021
http://www.slotcarillustrated.com/index.php?categoryid=41&p2_articleid=87
http://www.dkeng.co.uk/restorations/65/Previously_Restored_Cars/Ferrari_857S.html

Funny how Andy Warhol shows up here in the auto enthusiast world, isn't it!