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Ferrari 250 GTO Sells for $52 Million at Auction
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Ferrari 250 GTO Sells for $52 Million at Auction

Oct 4 2013, 1:00pm CDT | by

Could be the most expensive car ever purchased

It appears that a new record for the highest price for a vehicle sold at auction has been set. A 1963 Ferrari 250 GTO chassis number 5111GT has been sold at auction for the staggering price of $52...

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42 weeks ago

Ferrari 250 GTO Sells for $52 Million at Auction

Oct 4 2013, 1:00pm CDT | by

Could be the most expensive car ever purchased

It appears that a new record for the highest price for a vehicle sold at auction has been set. A 1963 Ferrari 250 GTO chassis number 5111GT has been sold at auction for the staggering price of $52 million. The vehicle on the Tour de France in 1963.

Rumors suggest the $52 million price tag and neither the buyer nor seller will confirm that price. If it's correct, it would be the most expensive car ever purchased. Another Ferrari, a 275 GTB / 4 NART Spyder was sold for $25 million not long ago.

The selling owner has apparently owned the record-setting Ferrari since 1974. It's to imagine paying $52 million for a single car.

 
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The Taxes Alone On This Ferrari 250 GTO Could Top $10 Million

Jul 28 2014 3:52pm CDT | Source: Jalopnik

The Ferrari 250 GTO is quite possibly the most expensive car in the world these days , and another one of the 39-unit production run is expected to auction for some 40 million Euros. What's that in taxes?Read ...
Source: Jalopnik   Full article at: Jalopnik
 

 
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NEWPORT PAGNELL, England — In retrospect, it probably wasn’t that smart an idea. That is to say, put a couple of auto writers in a $200,000 V12-powered, right-hand-drive Aston Martin Vantage S and let them loose on the unfamiliar, narrow, twisty backroads of central England — the ones with high curbs when they wend their way through quaint villages with silly names. It’s just an invitation for a mishap involving a very expensive repair or, at least, some bange ...
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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Shane is a self described car aficionado. He loves muscle cars, but also knows how green cars work. He has years of experience in testing cars and writes about cars with deeply felt emotions.

 

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