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Friday 15 August 2014

1962 Ferrari GTO Sold For $38 Million Breaks Record For The Most Expensive Car Ever

A Ferrari considered to be one of the greatest models ever built has been sold at auction for a record $38 Million (£22.84m) -  The 1962 Ferrari 250 GTO Berlinetta is one of only 39 models made. The car sold at auction was the 19th of the 39 and has been owned by the Ferrari and motor-racing enthusiast Violati family since 1965.

It competed in a number of races including one which ended in tragedy when, in 1962, driver and former French ski champion Henri Oreiller was killed. The wrecked car was repaired and its engine has been overhauled at least twice, and another owner slapped on homemade parts, including a small rear wing and modified air scoops. The aftermarket alternator "looks rough," a pre-sale inspector noted recently.
The Ferrari went under the hammer at Bonhams' auction in Carmel, California, and the huge crowd watching the bidding clapped as the auctioneer confirmed the final price.
That topped the previous record for a car sold at auction, set at Bonhams' Goodwood Festival of Speed auction in Sussex last year, with the sale of a 1954 Mercedes-Benz W196 R F1 Racer for $30m (£18m).
Bonhams chairman Robert Brooks said: "It's been a genuine privilege to represent this outstanding car and we are absolutely delighted with today's results."

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