John Lennon's Ferrari won't be sold

The John Lennon Ferrari, a blue 1965 "Quad Headlight" 330 GT 2+2, reported as serial number 06781GT, will not be offered for sale on Saturday as scheduled.

Citing a case of "vendor's remorse," a Bonhams representative said this was a last-minute decision on the part of the seller.

Lennon's Ferrari had garnered a good bit of publicity in the past few weeks. A photo of the car with a two-column feature was featured in the European edition of The Wall Street Journal on Friday.

The presale estimate of the car's value was listed as being between 120,000 and 170,000 euros, or about $155,000 to $219,000.

By Dave Kinney