Thursday, June 14, 2018

The world's most expensive car - Ferrari 250 GTO

In 2014 a Ferrari 250 GTO sold for a world record price at auction of $38.1 million, though there have been rumors of private sales well above that number. Each time one of the world's most desirable cars comes to auction, it tends to break the price record because the market is rising relentlessly.
In 2016 it was reported there were 2 private sellers asking $57 million for their 250 GTOs. The price for a third being sold by Talacrest is $55.8 million according to the Robb Report. 33 GTOs were made in 1962 and 1963, and in 1964 a "Series II" was introduced. Three such cars were made, and four older "Series I" were given the "Series II" body and three "330 GTO" specials with a larger engine were also made. It brought the total of GTOs produced to 39.

The Ferrari 250 GTO won the World title both seasons in succession.