- Jo Schlesser raced a red 1963 Ferrari 250 GTO in 1960, which sold for $52 million in 2013.
- With a sale price of $70.2 million, another Ferrari 250 GTO in silver blue was the most expensive automobile ever.
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FAQ:
The 1964 Tour de France champion Ferrari 250 GTO, which fetched $70 million at a private auction, is the most expensive Ferrari in the world.
A 1955 Mercedes 300SLR that is a member of Mercedes’ historical fleet is reportedly worth over $100 million, according to certain accounts.
A Ferrari 250 GTO is said to have fetched $50,000,000 at a private auction back in 2016.
According to certain rumors, Jay-Z recently bought the $28,000,000 Rolls Royce Boattail, which holds the record for the most expensive new car in the world.
Ferrari 250 GTO that won the 1964 Tour de France sold at auction for $70,00,000.
The Ferrari SF90, with a starting MSRP of $500,000, is the most expensive new Ferrari currently available for purchase.
For $70 million, an unidentified American business mogul bought the 1964 Ferrari 250 GTO.
a passionate auto fanatic who adores everything powered by an engine. He enjoys exploring new frontiers in the field of contemporary journalism by learning about the automotive and technological worlds.
Ferrari GTO of 1963
The highest sum ever paid for a car, much alone a Ferrari, was $70 million for this 1963 Ferrari. The 1963 Ferrari GTO, one of just 36 produced, was sold in a private transaction, according to Marcel Massini, the foremost authority on Ferrari collectibles. According to sources, David MacNeil, the creator of WeatherTech, purchased the vehicle from a German collector.
It goes without saying that Ferrari GTOs are prized as the biggest awards in the world of auto collecting because to their scarcity, strength, beauty, and racing prowess. According to Massini, this GTO has a rich history as well, having finished fourth at Le Mans and first in the 1964 Tour de France. It has a silver and yellow paint job and, unlike many other GTOs, has never been in an accident despite having a winning track record.
Value Projection: $70 Million
Another 1963 Ferrari 250 GTO that is in excellent condition tops our list of the priciest Ferraris.
The most expensive Ferrari ever, this champion race car was sold to WeatherTech CEO David MacNeil in a private transaction for $70 million.
It is said to have been purchased for one of the highest sums ever paid for a vehicle, and its successful racing career is supposed to have contributed to the price increase.
The car has a history of competitive racing, but unlike other GTOs, it has never been in an accident and has maintained excellent condition.
View images of the 27 most expensive rare vintage Ferraris from this year’s Monterey auto week auctions that almost all underwhelmed.
- The two most expensive Ferraris sold at auction at Monterey Car Week this year were both expected to sell for up to $13 million. One sold for $9.905 million, while the other wasn’t purchased.
- The most expensive vehicle sold during the 2018 Monterey Car Week auctions was a 1962 Ferrari GTO 250, which sold for a record-breaking $48.4 million and set a new auction record.
- These are the 27 most expensive Ferraris that were put up for auction during Monterey Car Week this year. Almost all of them disappointed bidders by selling for less than expected, at the low end of the estimate, or not at all.
Last year, a 1962 Ferrari GTO 250 sold for a record-breaking $48.4 million at RM Sotheby’s Monterey Car Week auctions. According to Forbes, the GTO 250’s original MSRP was $18,000, or roughly $150,000 when adjusted for inflation.
In contrast, the two most expensive Ferraris this year were both predicted to sell for over $13 million. One of them was a 1958 Ferrari 250 GT LWB California Spider that went for a lower price than anticipated. The other was a 1962 Scaglietti Ferrari 250 California SWB Spider that saw no sales at all.
In actuality, many of the Ferraris that were auctioned off by RM Sotheby’s didn’t sell at all, and the majority of them sold for less than their expected range. On the list, the only Ferrari that sold above the range was.
View the comparison between the 27 most expensive Ferraris up for auction at this year’s Monterey auto week and their expected selling prices.
1962 Ferrari 250 GTO: PS37,240,144
This Scaglietti-modified Ferrari 250 GTO was the most costly vehicle ever to be sold at auction when it was sold in 2018 at RM Sotheby’s Monterey sale, cementeding its status as the emblematic expensive car.
This specimen, one of only 36 GTOs made, is regarded as “the world’s most important, desirable, and iconic motor automobile.” Of the 36, it is regarded to be the most genuine and original. To top it off, it is one of just four that Scaglietti modified with its most daring and effective improvements. In addition to this, it has a pretty colorful racing career, with over 15 class and overall victories under its belt from the 1962 through 1965 racing seasons.
LaFerrari Aperta from 2017, $4,733,647
The Ferrari LaFerrari Aperta set a new auction record for the most expensive vehicle in 2017. At RM Sothebys, the vehicle sold for EUR8,300,000, or roughly $9,980,000. On JamesEdtion, there are six more LaFerraris with beginning costs of US$2.7 million and four LaFerrari Aperta vehicles for sale with prices over US$4 million.
So who is the owner of the most costly Ferrari? While the majority of the 499 owners wish to maintain their anonymity, we do know that Floyd Mayweather Jr., who drives an Enzo, Aperta, and numerous other supercars, is a member of the LaFerrari owner group that includes Jay Kay, vocalist of Jamiroquai and noted auto collector.
You may find the cost of the Ferrari 250 GTO unbelievable.
One of these famous cars just sold for a world record, according to a different CNBC article. At RM Sotheby’s collection sale, a remarkably rare 1962 Ferrari 250 GTO rolled down the line and fetched an amazing $48.4 million. The Ferrari 250 GTO Berlinetta that sold in 2014 for $38 million and a 1957 Ferrari that was sold for $35 million were the previous record-holders. This auction broke both of those records.
In the summer of 2018, a 1963 Ferrari GTO sold for $70 million in a private transaction. This historic acquisition represents the all-time high price for an automobile. And it demonstrates that the most costly Ferrari is undoubtedly the “Holy Grail” model.
According to Top Speed, its V12 engine generates 302 horsepower and propels the GTO from 0 to 60 mph in a quick 5.4 seconds.
There are other models that can be purchased for tens of millions of dollars besides the Ferrari 250 GTO. Four others have jaw-dropping values and exorbitant pricing.
What is the most affordable Ferrari?
The brand of supercars that is perhaps best known worldwide is Ferrari. This Italian carmaker has gained notoriety for its outstanding performance and domination in motorsports. In order to make their sports vehicles even more thrilling, Ferrari has started using turbocharging and electricity.
The Portofino is the least costly Ferrari currently on the market, yet no Ferrari can be classified as entry-level. The base price of this classy roadster is around $215,000 before options, and like any Ferrari, extras are available in abundance.
Most Expensive: The SF90 Stradale is a display of Ferrari’s performance prowess. Its hybridized twin-turbo V-8 produces close to 1,000 horsepower. The SF90 is considerably over $1 million in price, but you can’t just go into a dealer’s lot and purchase one. To add an SF90 to your collection of Prancing Horses, you must receive a personal invitation from Ferrari.
The most entertaining Ferrari to drive is impossible to choose, just as the preferred pizza variety. Nevertheless, we were in awe of the 812 Superfast. We won’t soon forget the 812 “Stoopidfast’s” V-12 song since emissions regulations cast doubt on the future of 12-cylinder engines.
As soon as a car is released, we want to test and rank as many of them as we can. We’ll rank new models as we periodically update our rankings and we might even change the scores for some models. Vehicles with insufficient testing data, however, are not scored.
What was the priciest automobile ever sold?
The most expensive car in the world recently sold for a record-breaking $142 million. The Mercedes-Benz 300 SLR “Uhlenhaut” is now among the ten most expensive things to have ever been sold at auction in any collecting category.
What Ferrari model is the rarest?
We’ve found the only Ferrari 328 Convertible ever produced, which is for sale. Wait until you read the story of how the car was created if you think that’s the cool part.
Have you heard about the Pininfarina Sergio, based on the Ferrari 458? Given that just six were produced, probably not. How about the well-known 250 GTO? 36 of those were present. Even the Ferrari F40 is incredibly widespread, with 1,311 units being produced.
The only other one is this 1984 Ferrari 328 Convertible (serial number 49543), making it the most uncommon of them. It’s also up for sale.
The car is still located in the Emilia-Romagna region of Italy, close to its home town of Maranello near Modena, and is painted Giallo Modena (yellow) over a black leather interior with a black soft top.
A standard Ferrari 328 costs roughly EUR1.1 million (A$1.7 million) less than the ask, which is a hefty EUR1,200,000 (A$1.85 million). Why then the outrageous price?
The Ferrari 328, which had a 200kW 3.2-liter V8 and a five-speed manual transmission, evolved from the Ferrari 308, which was only available as a coupe (GTB) or targa (GTS).
The 328, which was constructed between 1984 and 1988, shared a production line with the 2+2 Mondial, V12 Testarossa, grand-touring 412, and the 288 GTO and F40 supercars.
According to the records, chassis 49543 was not only the convertible prototype but also the first 328 series development prototype.
Pininfarina created the design, while Ferrari’s Carrozzeria Scaglietti in Modena constructed the vehicle as a production-ready soft-top. After that, it underwent certification and road registration to evaluate the new 3.2-liter V8’s performance and the revised chassis’ dynamic capabilities.
The Mondial was Ferrari’s mid-engine V8 convertible, but management believed that the 328 would hurt sales of the 2+2 (a total of 2456 Mondial coupes were made between 1983 and 1993, compared to 3693 Mondial coupes), thus the 328 retained the same GTS and GTB options as the 308.
The yellow cabrio was sold to a private buyer and let loose, in contrast to many “not for production” prototypes that are typically destroyed.
Over the course of its four-year production run, 7,412 Ferrari 328 vehicles were made, 82% of which were GTS Targa models. It was one of the final automobiles that Enzo Ferrari oversaw before his passing in 1988.
The convertible’s chances of success Probably, but the truth will only ever be known by one fortunate buyer.