A Ferrari 375 Plus of 1954 is shown on April 27, 2011 at the Musee des Arts Decoratifs museum in Paris, during the "L'art de l'Automobile" exhibition, the first ever auto show presented in Europe of American fashion designer Ralph Lauren's private collection of historical sports cars from the 1930's to nowadays. Seventeen legendary sports cars will be on display for four months from April 28. AFP PHOTO MEHDI FEDOUACH (Photo credit should read MEHDI FEDOUACH/AFP/Getty Images)
Photograph by Mehdi Fedouach — AFP/Getty Images
By Benjamin Snyder
July 10, 2015

A red 1954 Ferrari racer is in the middle of a battle between Victoria’s Secret owner Les Wexner, auction house Bonhams, and a slew of others, after years of previous back and forth.

Wexner, who bought the car in 2014 for $16.5 million, sued Bonhams, claiming that the auction house failed to tell him about the conflicts in ownership and wanted a full refund, along with damages.

Bonhams then sued the daughter of Karl Kleve, whom Bloomberg calls the “last undisputed owner.” The auction house is also suing a car dealership in Paraguay.

A judge is expected to hear the lawsuits at once in September to settle it.

The car is only one of five ever made, and two are currently in private ownership. “It’s a car worth fighting for,” according to John Collins, who owns a Ferrari dealership in the U.K. to Bloomberg. “It’s an important car.”


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