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 |  May 19 2011, 8:13 AM

This very special 1957 four-cylinder Ferrari 500 is one of the latest additions to the RM Auctions docket at the upcoming Concorso d’Eleganza Villa d’Este where the car is expected to fetch between $3.5 to $4.5 million.

This Ferrari 500 TRC (Testa Rossa Type-C) Spider was the first Ferrari to bear the Testa Rossa name for its red valve covers. Only 19 TRC’s were built and this particular example – chassis number 0670 MDTR – was the sixth vehicle made. These TRC Ferraris, are more rare than the more powerful 12-cylinder 250 TR as well as the infamous 250 GTO which are notorious for selling into the multi millions.