Ferrari 250 GTO Sells for $52 Million at Auction

Could be the most expensive car ever purchased

Oct 4 2013, 1:00pm CDT | by

Ferrari 250 GTO Sells for $52 Million at Auction
0-100.it

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.

 
 
 

<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.

 

blog comments powered by Disqus

Latest stories

Audi Makes Diesel Out of Water and CO2
Audi Makes Diesel Out of Water and CO2
Audi started to produce synthetic Diesel fuel that does not need mineral oil. It is made from water, CO2 and green power. Why are we bothering with electric cars again?
 
 
Ford Recalls 400,000 Cars
Ford Recalls 400,000 Cars
Ford issues a massive recall of 390,000 cars for safety issues.
 
 
Elon Musk Nearly Sold Tesla to Google in 2013
Elon Musk Nearly Sold Tesla to Google in 2013
Both sides have refused to give any comments on the rumor.
 
 
Shanghai Auto Show 2015 Exhibitors Hire Robots Instead of Sexy Models
Shanghai Auto Show 2015 Exhibitors Hire Robots Instead of Sexy Models
The Shanghai Auto Show 2015 opens today in China. Besides the new cars, the show makes headlines for banning scantily dressed hostesses.