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Ferrari 250 GTO Sells for $70 Million, Becomes World’s Most Expensive Car

Posted June 12, 2018 9:00 AM by dstrohl
Pathfinder Tags: auction classic auto Ferrari record

The $70 million recently paid for a 1963 Ferrari 250 GTO has set a new record for the publicly reported selling price of an automobile.

The 250 GTO in question, chassis number 4153GT, was previously best known for winning the 1964 Tour de France – its only outright win – with Lucien Bianchi and Georges Berger driving for Marquis Philippe de Montaigu. According to Barchetta.cc‘s file on the car, that win came after a number of prior outings, including a fourth-place finish at the 1963 24 Hours of Le Mans for original owner Pierre Dumay and a couple second-place finishes for Brussels-based Ecurie Francorchamps, to which Dumay sold the car not long after he bought it.

Montaigu campaigned 4153GT through 1965 and, aside from a hillclimb early the next year, that appeared to be the end of the car’s in-period racing career. Then in the early 1990s, after changing hands a few times, 4153GT began to appear in vintage races and tours before selling for $6.5 million in 2000. Three years later, Christian Gläsel bought it and, in addition to its track appearances, began to enter it in concours events, including the 2011 Pebble Beach Concours d’Elegance.

Cars auctions get more and more pricey; experts are predicting the first $100 million-plus vehicle sale in the next 5 years.

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Join Date: Apr 2010
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Re: Ferrari 250 GTO Sells for $70 Million, Becomes World’s Most Expensive Car

06/15/2018 5:52 PM

But you can buy a Learjet for $20M and have $50M in change...

https://www.cnet.com/news/learjet-85s-private-high-tech-luxury-to-cost-a-mere-20-8m/

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