Rare 1962 Ferrari 250 GTO sold for world-record $48.4 million

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A uncommon 1962 Ferrari 250 GTO turned the most-expensive automobile ever offered at public sale when it went for $48.four million at an RM Sotheby’s occasion in Monterey, Calif., on Saturday.

The crimson coupe is considered one of simply 36 that had been made, every barely distinctive.

ferrari

It has a powerful racing pedigree, with a nationwide championship and several other main wins beneath its seatbelts throughout its aggressive profession within the 1960s and has been a fixture on the historic racing circuit.

Extremely, not like most racing vehicles, it has by no means been wrecked and repaired.

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Owned since 2000 by former Microsoft govt Greg Whitten, it was bought by an nameless bidder for a hammer worth of $44 million, which interprets to $48.four million after public sale charges.

The worth broke the $38 million public sale report set by an analogous automobile in 2014. Nonetheless, one other GTO reportedly modified palms in a personal sale for $70 million earlier this yr.

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Gary Gastelu is FoxNews.com’s Automotive Editor.

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