The most expensive car in the world (Ferrari 250 GTO sold for €20m at auction; $28,830,906.73 USD)

Bild (Germany) ^ | September 19, 2008

[Stoat]

Ferrari 250 GTO sold for €20m at auction The most expensive car in the world

A car widely renowned as the most beautiful of all time is also now officially the most expensive after a model sold for €20 million at an auction.

Only 39 models of the legendary Ferrari 250 GTO model were ever built, from 1962 to 1964. It was already considered one of the most valuable cars in the world, previously thought to have been worth approximately €14 million. But with the recent record-breaking sale, it seems the Ferrari 250 GTO is even more valuable than had been thought.

The fall of the hammer that sold the car for a whopping €20 million smashed the world record to bits. The previous holder was a 1961 Ferrari California Spyder which sold for about €7 million in May.

Powered by a three-litre V12 engine, the 302-horsepower Ferrari 250 GTO can reach speeds of 283km per hour.

And just who snapped up the wonderful wheels? An unknown buyer from England…

 

 

 

 

 

 

 

 

[Joe 6-pack]

Now you know I've always been a fan of German engineering...

[MediaMole]

Per Wikipedia (giant grain of salt) 250 GTOs went for $18,000 in the early 1960s. Probably $125k in today’s money.

[Stoat]

Heck of a price for a used car. ;-)

Hopefully the owner's team of lawyers will insist upon a rewrite of the prenuptial agreement so that it's excluded from any settlement action with the wife.

Angry women go after a man's toys first (or at least immediately after the house)....it's that "shove the knife in and twist it HARD" ethic to insure a deep, personal injury upon the man.....

[Daffynition]

If I’m correct [Ferrari expert son unavailable] it could be a Ferrari 360 Spyder ... which goes for about $186K ... that’s alotta pizza!

[Daffynition]

Both growl about the same.

[Daffynition]

[Little Pig]

Nice, but the coupe was really the better car:

Sorry, couldn't find a decent pic of one in BRG.

[Domestic Church]

I’d rather have the Masurati Birdcage.

[Joe 6-pack]

"Nice, but the coupe was really the better car..."

As a matter of torsional rigidity contributing to raw handling, that's usually the case...

...but when it comes to raw babe-magnetism, the rag tops usually get the nod.

One must consider the entire package.

[Daffynition]

...unless you had a mechanical problem .... ;(

[Joe 6-pack]

Throaty German performance growl.

[Daffynition]

LOL ... you hear that squeak? Those Brembos need some adjusting ...

[xp38]

It’s very nice old exotic but way overpriced these days imho. If I had the money for an exotic I would get the current worlds fastest the Shelby Supercar tt ultimate aero. Great video here with Jay Leno http://www.shelbysupercars.com/video-jay-leno.php

[Daffynition]

Yeah. I wonder what they are going to do with that thing now that the olympics are over?

[Boiling point]

CRAP! I could build one from SCRATCH for less than that!

[diamond6]

Absolutely sinful...........you could feed millions of starving people with that kind of money.

This makes me mad as hell!!

[JSteff]

” E-Type Jag out of the top spot...”

Maybe, but doesn't within the Jag reside the Prince of Darkness? The one who they call,

-LUCAS-?

[Joe 6-pack]

LOL...I used to have a'66 MGB...sweet little car, but also afflicted by the PoD.

You know why the Brits haven't entered the personal computer market?

[FastCoyote]

I’m more into the Daytona of Miami Vice fame. Only $2 million.

[JSteff]

“you could feed millions of starving people with that kind of money.”

Yeah but think of how many carbon credits you could buy!