Ferrari 250 GTO sells for $35m
As reported by Bloomberg US financial website that the RHD, 1962 Ferrari 250 GTO, chassis 3505 GT, has been sold by its current owner for $35 million making it the world most expensive car eclipsing the $32 million paid for a 1962 Ferrari 250 GTO back in February and the $30-34 million dished out for a 1936 Bugatti Type 57SC Atlantic back in 2010.
Driven by Innes Ireland, the car won the 1962 Royal Automobile Club Tourist Trophy at Goodwood.
According to reports from Bloomberg the buyer is Craig McCaw, the Seattle-based co-founder of McCaw Cellular, which was acquired by AT&T for $11.5 billion in 1993.
The pale green Ferrari was originally part of the UDT Laystall team and was to be Stirling Moss’s car for the 1962 racing season – Unfortunately he never used the car after his car-rear ending crash in the same year at the Sussex circuit in a Formula One Lotus.
In 1996, when it was purchased for $3.5 million ever since it has increased by 10 folds and has changed ownership a few times , a recent owner a Dutch businessman, purchasing it for $8.5 million about a decade ago.
From our estimation in the next decade 1962 Ferrari 250 GTO will worth over $100m and may set a record for a car.