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It comes with a price tag of $70 million. Ferrari 250 GTO sells for $70 million, becomes world's most expensive car. The sports car (number 5095) went on to win three competitions in 1964, the . The World's Most Expensive Cars A Ferrari 250 GTO 1962, like the one pictured above, was purchased at auction for $38,115,000. But while this is the record for the most expensive car ever sold on auction, it is, shockingly, not the most expensive car ever sold. Recently, a 1963 Ferrari 250 GTO became the most expensive car ever sold at an auction. . The power is transmitted via an F1 six-speed gearbox. Up until now, a 1962-63 . However, at a Monterey auction on 25 August 2018, RM Sotheby's sold a Ferrari 250 GTO (chassis 3413GT) for a total sum of $48,405,000 making it a new record for the most expensive car ever sold at a public auction. A fire-engine red Ferrari is officially the most expensive car in the world after it was auctioned off for a record-breaking US$48.4 million (A$66 million). The Ferrari 250 GTO became the most expensive car after being sold in 2013 for 52 million dollars (38 million euros), the same amount earned by Cristiano Ronaldo in 2013. 1. Built in 1963, the Ferrari 250 GTO model is one of the rarest and most desirable cars in the world, with only 36 ever built. 1. This particular 250 GTO (chassis no 3413 GT) is only the . Nov 9, 2015. The 6-liter, V12 engine of the GTO produces 660 hp and comes from the legendary Ferrari Enzo. 1962 Ferrari 250 GTO - $70 million. The 1962 Ferrari 250 GTO - one of the world's most sought after classic cars - was the second to roll off its production line and is one of only 36 ever made. The car reaches a top speed of 174 mph and goes 0-60 mph in 6.1 seconds. . At a selling price of £52 million, this 1963 Ferrari 250 GTO is the most expensive car to ever sold. According to the Ferrari factory, there were 39 total, made from 1962 to 1964. During the RM Sotheby's auction held in Monterey on 25th of August, 2018, a Ferrari 250 GTO went under the hammer and fetched $48.4 million, becoming the most expensive car ever sold during a public auction. The design of 250 GTO is a benchmark for other classic GT sports . This particular 250 GTO - chassis number 3413 GT - was owned for two decades by . via: Luxe Guide. As the most expensive car in the world, this 1962 Ferrari 250 GTO was sold by Connecticut-based collector Paul Pappalardo to unnamed buyer for a record $52 million in 2013. Most collectors can only dream of having the Ferrari 250 GTO in their collections; even collectors who won't have to break a bank to pay for one will need strokes of luck to see one up for grab—more . It first belonged to the collector Paul Pappalardo, who bought . Chris Evans acquired a Ferrari 250 GTO in 2010 - this vintage 250 GTO Ferrari - which cost him £12m. The 250 GTO became highly popular and also created a world record for the most expensive car in June 2018. Max Verstappen makes subtle dig at Lewis …. 9. The Ferrari 250 GTO is widely considered the most beautiful car of all time. The $70 million recently paid for a 1963 Ferrari 250 GTO has set a new record for the publicly reported selling price of an automobile. Editorial credit: Krzyzak / Shutterstock.com. The 599 GTO (for Gran Turismo Omologato) is a road-legal version of the 599XX track day car. Why? The current record of $38.1 million, also for a '62 250 GTO, sold at Bonhams' auction during Car Week in 2014. They say - "Records are meant to be broken", and here goes another one. The tricky thing about calling this particular 250 GTO the most expensive car in the world is that it was, unlike the $38.1 million car from a few years back, sold in a private sale rather than at . The Ferrari 250 GTO is by far the most valuable car in the world. Now there are three private sellers: one in France and one in New York, both asking $57 million, and another at Talacrest with a price tag of $55.8 million. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . The machine which commanded the price is the 1962 Ferrari 250 GTO with the serial number 3851GT. With a Tipo 168/62 V12 engine capable of 174 mph, this racecar was a bullet on the track back in the '60s. The 1963 Ferrari 250 GTO was purchased for a staggering $70 million by the WeatherTech founder and CEO in June, 2018. Despite the Ferrari's hefty price tag, it does not perform as well as other cars out there nor is it the fastest . Also Read: New 2018 Ferrari Portofino Review . Price Realized: $48,405,000 Auction House: RM Sotheby's (August 25, 2018) Kicking off the list as the most expensive car ever sold is a 1962 Ferrari 250 GTO, offered by RM Sotheby's in August of 2018. Priced at 50,000,000 credits, the Ferrari 250 GTO is not only the priciest car in the game but is also the most expensive car ever to be sold in real life. Ferrari's ingenuity in their 1963 250 GTO separates it from almost every other motor vehicle in history. According to the Ferrari factory, there were 39 total, made from 1962 to 1964. With prices sitting around $50 million right now, the Ferrari 250 GTO is the most expensive and desirable car of all time. The GTO remains one of the most sought-after cars in the collector car world, as only 39 were produced for homologation purposes. Unusually . At this level of performance, style and pedigree, it shouldn't be surprising that the 250 GTO is currently one of the most expensive . Sources often disagree on the number of 250 GTOs built. What is the most expensive car in the world of all time? A classic Ferrari is expected to become the world's most expensive car after it was put up for sale at £45 million. In the last five years alone, one was auctioned for $38 million, another reportedly sold for $52 million, and still another sold in June 2018 for $70 million, making it the most expensive car ever sold. The world's most expensive brand of car is the Ferrari, and more specifically the 1963 Ferrari 250 GTO. The 1962 Ferrari 250 GTO, previously owned by former Microsoft executive Dr Greg Whitten, went under the hammer recently at RM Sotheby's annual Monterey collector car auction, fetching a . However, a very . By Daniel Strohl on Jun 5th, 2018 at 8:59 am. Then, in February of this year, a Ferrari 335 . This makes the car the most expensive car , 1963 Ferrari 250 GTO Most Expensive GT car in Market One such example is a 1962 Ferrari 250 GTO, which is set to go under the hammer at the 2018 Monterey auction. 1962 Ferrari 250 GTO - $70 million. 1962 Ferrari 250 GTO - $39.6 Million. 1962 Ferrari 250 GTO - $48,405,000. So much so that it won the famed 1964 Tour de France Automobile. MAX VERSTAPPEN won the Miami Grand Prix, finishing ahead of Ferrari's Charles Leclerc and Carlos Sainz. This particular model (4153 GT . Beautiful, blue and singular, this GTO held the 2014 record for most expensive car ever sold. Designed for racing in the early 1960s, the 250 GTO was also built in road-legal specs out of . At the time, Robert Brooks, chairman of Bonhams, said: "We've always maintained that we would . The car, a Ferrari 250 GTO, was sold at RM Sotheby's on Saturday night as part of the Pebble Beach Concours d'Elegance — a kind of Coachella for classic cars and wealthy collectors that includes five days of auctions, parties, unveilings, tours, and races around Monterey and . Photo by Will Will. The price? Selling for a cool $48,405,000, this car was and still is the most expensive car to ever sell at auction. A 1962 Ferrari 250 GTO has recently become the world's most expensive car after being sold for $35 million, Bloomberg reports. The sale set a world record for any car ever sold at . Image: RM Sotheby's. Topping this list is yet another Ferrari 250 GTO which sold four years later in 2018. The $70 million recently paid for a 1963 Ferrari 250 GTO has set a new record for the publicly reported selling price of an automobile. A 1962 Ferrari 250 GTO sold for $48.4 million at RM Sotheby's annual Monterey collector car sale -- a world record for any car ever sold at auction. And now all these records have been smashed and how! Back in 2014, a fetching 1962 example sold for an eye-watering $38 million. Only 36 copies exist and all have colorful histories. The 1962 Ferrari 250 GTO was auctioned by Bonhams for $34.65 million, previously, the aforementioned Mercedes-Benz racer sold in 2013 for $31.6 million. Ever. In a private sale, another Ferrari 250 GTO (not many were produced, mind you) was sold for about $80 million, once again setting a record. This is the 53-year-old Ferrari that smashed the record for "most expensive car ever sold at auction," unseating a Mercedes-Benz racer that previously held the title. 1962 Ferrari 250 GTO. Ferrari 250 GTO all in a row, most expensive collection of cars ever, . The Ferrari 250 GTO sold privately for £20 million was built in September 1963 and enjoyed an illustrious racing career. Back in 2014, a fetching 1962 example sold for an eye-watering $38 million. The most expensive car sold in a private sale is the 1963 Ferrari 250 GTO (4153 GT) racer, selling for $70,000,000 (£52,730,800; €60,297,800), purchased by David MacNeil (US) in May 2018. The twelve-banger cranked out 302 horsepower at 7,500 rpm and 246 pound-feet of torque at 5,500 rpm and enabled the 250 GTO to reach 60 mph from a standing start in only 5.4 seconds. Sellers in France and New York respectively are asking $55.8 and $57 million for their own 62 250 GTOs. MIAMI (CBSMiami/CNN) - A 1962 Ferrari 250 GTO sold for $48.4 million at RM Sotheby's annual Monterey collector car sale -- a world record for any car ever sold at auction. The legendary Ferrari 250 GTO is the world's most sought-after car . For four years, this 1962-63 Ferrari 250 GTO was the most expensive car to be sold at auction. Only 36 units of the Ferrari 250 GTO were made. The new 250 GTO was priced at around US$18,000 and the buyers were personally authorized by Enzo Ferrari and Luigi Chinetti (Ferrari dealer for North America). Ferrari factory driver Phil Hill tested the vehicle for the 1962 Targa Florio road race. The 1962 Ferrari 250 GTO has become the world's most expensive car ever sold at an auction as the classic car was sold for $48.4 million. The vehicle was crafted in 1962 as a Series 1 car for Ferrari factory use, only the third 250 GTO ever built. The highly desirable Ferrari 250 GTO is famous for being the most expensive car to ever sell at auction. The record-breaking price trumps the previous princely sum of $32 . The Ferrari 250 GTO was designed to be a true racing car. A 1962 Ferrari (RACE-IT) became the most expensive car ever sold at auction, fetching $48.4 million over the weekend..

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