Connect with us

Techunzipped News

This Ferrari Sold For A Record $48.4 Million

Auto

This Ferrari Sold For A Record $48.4 Million

A 1960s race car that originally cost $18,000 (that’s $151,203.60 in today’s money) crushed records with a nearly $50 million auction sale at an auction this weekend.

The 1962 Ferrari 250 GTO, a two-seater coupe, sold at an RM Sotheby’s auction in California for $48.4 million. This is the highest auction price ever for a vehicle. In 2014 a car Ferrari sold for $38 million at an auction.

Only 36 Ferrari 250 GTO were made between 1962 and 1964, making it a rarity and highly desirable for collectors. This particular Ferrari raced in the 1962 Italian GT Championships and won. The car has a top speed of 280 km/h.

This was the third 250 GTO made and it comes with a strong lineage of racing wins and achievements. The car’s new owners now have access to highly exclusive auto events.

Continue Reading
Advertisement

Proud Zimbabwean Citizen, loving everything Tech related.

More in Auto

Facebook

Trending Posts




To Top