An exquisite "Ferrari 250 GTO" broke auction records after it was sold for $ 48.4 million on Saturday at RM Sotheby's collector's sales. It broke the previous record of $ 38.1
A Ferrari GTO became the tallest car that was sold in an auction after it was set on sale for a frightening $ 48.4 million on Saturday.
Continuing the previous $ 38.1 million record paid for a 1962-63 Ferrari GTO at a Bonham Auction in 2014. The vehicle, presented by RM Sotheby Annually, Monterey's car sales were expected to sell in the range of $ 45 million to $ 60 million.
The luxury trip was sold by Greg Whitten, head of Numerix Software Ltd and an early Microsoft Corporation employee who bought the car in 2000. Sotheby refused to reveal how much Whitten bought it, but repeated that the market value of such Ferraris at that time was in the range of $ 10 million.
Ferrari produced 36 models of the car in the range of 1953 and 1964. These cars originated animal este prices among all classic cars in recent years, with a 1963 version sold for $ 70 million in a private transaction earlier this year.
Not only a typical Ferrari
Designed by Pininfarina, the Ferrari 250 GTO is built with an improved bodywork consisting of a 3.0-liter V12 engine, a perpendicular raked windshield, more tremendous tracks and higher tires. The version that was sold in the auction during the weekend, cumulated 15 race victories from 1962 to 1965, including a 1962 Italian GT victory.
Among the most notable drivers, Phil Hill became the first American to win a Formula One World Title. He used this Ferrari as his training car before the Targa Florio race in 1962. Beside Hill, Gianni Bulgari also drove the car the following year.
"250 GTO, you open the door like you do on your car, you come in and you go. It's that simple," RM Sotheby's car expert Jake Auerbach said. "As far as the level of net worth goes, the GTO tours are the ultimate event, and it's really just a way to get in and it's to own one of the 36 cars," he added.
Interestingly, all The 36 Ferrari 250 GTOs produced still work and the possession has created a highly privileged group. Sources added that Ferrari 250 owners are familiar with each other and sometimes come together for running habits.
Meanwhile, a 1935 Duesenberg SSJ was also sold for $ 22 million in the last 72 hours. Duesenberg SSJ is one of only two models made, with this car owned by prominent actor Gary Cooper. Prior to this week, only eight cars had been sold for over $ 20 million on an auction.
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