© 2020 MH Sub I, LLC. The 1962 Ferrari 250 GTO that went up for auction yesterday during the Bonhams sale at The Quail, A Motorsports Gathering finally sold for $38,115,000, setting a new record for the highest price paid for a car at auction. 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Autosport 70: The ups and downs of Raikkonen's 2007 F1 title triumph, This Won't Click Until You See It In Scale. Privacy Policy. Its period competition is very good. In its first two years it was raced by the famous Belgian teams Ecurie Francorchamps and Equipe National Belge – hence the yellow stripes on its silver bodywork. The Concours of Elegance, a celebration of the world’s rarest and most beautiful cars, took place this weekend at Hampton Court Palace. Just 39 of the homologation specials were built between 1962 and 1964, and one of them, chassis number 3387, the second example to come off the... A Ferrari 250 GTO is a glorious automobile that also happens to be actual rolling artwork. Only 39 of the cars were ever built, and their rarity and desirability has long been... Sign up to get the latest performance and luxury automotive news, delivered to your inbox daily! I agree to receive emails from Motor Authority. It went on to be raced in Spain from 1966 to ’69 by owner/driver Eugenio Baturone. As a result of the sale, Ferraris now make up six of the 10 most expensive cars ever sold at auction, with and without taking inflation into account for their values. Tremblant, disc brake race 2, class 4: Tom Price #22: 06/jul/10: 4th OA: Ferrari Maserati Historic Challenge, Road America Elkhart Lake, disc brake race 1, class 4 A 1963 Ferrari 250 GTO has been sold to Ferrari collector and WeatherTech CEO David MacNeil for a rumoured $70 million – a new world record for a classic car. Springer also competed in the car, including two outings at the Goodwood Revival. Tech, gadgets, car accessories and other products tested. When new, the GTO cost $18,000 in the USA – a huge amount at the time! This, however, has seen prices soar to insane levels in recent times, and things don't appear to be cooling down one bit. MacNeil regularly displays and drives his Ferraris, so the 250 GTO is expected to remain in the public eye – and MacNeil becomes part of the elite 250 GTO ownership group, which also includes Pink Floyd drummer Nick Mason. I understand that I can unsubscribe at any time. The 250 GTO was built with a 3-liter V12 engine, according to Ferrari, that features 300 horsepower at 7,400 rpm. The Ferrari [NYSE:RACE] 250 GTO isn’t the rarest Prancing Horse around, though it does tend to fetch the highest bids whenever one comes up for sale. I understand that I can unsubscribe at any time. Now another 1962 250 GTO, this one bearing chassis No. Registered Office: No other details on the sale are known, and Pappalardo declined comment when Bloomberg contacted him. A 250 GTO even traded hands privately for the amazing sum of $52 million. Ferrari Maserati Historic Challenge, Mt. We may see a new car receive the world’s most expensive title at this year’s The Quail, A Motorsports Gathering event on August 15, as a 1962 Ferrari 250 GTO is going under the hammer. 2021 will mark the 60th anniversary of the Jaguar E-Type's spectacular launch at the Geneva Motor Show. The 250 GTO is still considered the greatest ever Ferrari. The Ferrari in question, serial number 4153 GT, is one of the most celebrated of the 39 250 GTOs produced, due to its competition history and its originality – unusually for a race car, it's never been crashed. The Ferrari 250 GTO is one of the most expensive cars in existence, with versions of the classic racer, of which there were only 39 ever built, regularly swapping hands for more than $30 million these days. The '250' refers to the size of the engine – 250cc per cylinder.
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