The Ferrari of all records: it sells for more than 47 million

A couple of months ago, at Moveo we told you about a very special car that had many numbers of becoming the most expensive Ferrari ever sold at auction.

Oliver Thansan
Oliver Thansan
24 November 2023 Friday 09:27
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The Ferrari of all records: it sells for more than 47 million

A couple of months ago, at Moveo we told you about a very special car that had many numbers of becoming the most expensive Ferrari ever sold at auction. Not in vain could it be said that we are facing the Holy Grail of the classics of the Italian brand. We are referring to the 250 GTO from 1962 that you can see in the photographs.

The model last changed hands at auction in 1985 for $500,000, an immensely lower figure (even taking into account the passage of time) than what was paid for it just a few days ago. And this jewel of the 'Prancing Horse' has just broken all known records, becoming, as expected, the most valuable Ferrari in history that has changed hands at auction.

The amount spent reaches staggering numbers when compared to the vast majority of cars in the world, since no less than 51.7 million dollars have been paid for it (including taxes). Or what is the same, a price close to 47.5 million euros. In this way, it also becomes the most expensive car in the world sold publicly this year.

The auction house that carried out the sale, RM Sotheby's, has not made public the name of the new owner of this authentic treasure on wheels. In any case, this enigmatic bidder has become one of only 36 owners of a Ferrari 250 GTO that went out of production between 1962 and 1964.

Fashion designer Ralph Lauren and Pink Floyd drummer Nick Mason are two of the members of this exclusive owners club. The model, with chassis number 3765, was originally a 330 LM, a racing car with a slightly larger engine, which was later converted into a 250 GTO in 1962 and was the only one to compete with Scuderia Ferrari.

The vehicle, which comes painted red and sports the number 7 on all four sides, stands as the only 250 GTO that was powered by a 4.0-liter V12 engine and the only GTO in its class that left the factory and raced in the racing division of the Italian firm.

In 1962, he finished first in his category and second in the overall classification in the 1,000 kilometers of the Nürburgring. He also competed in the 24 Hours of Le Mans that year, although he did not complete the race due to going off the track. Despite its high price, it is still far from being the most expensive classic car ever sold at auction. This honor goes to the Mercedes-Benz 300 SLR Uhlenhaut Coupé, which was purchased last year for $142.6 million.

If you are interested in experiencing the auction in which the aforementioned 250 GTO was sold just a few days ago, you just have to take a look at the video that accompanies this article.