Someone just shelled out a massive $70 MILLION for this 1963 Ferrari 250 GTO.
This is one of the rarest Ferraris in the world. Actually, with just 36 built, this is one of the rarest cars in the world. The Ferrari 250 GTO is a genuinely special car in the brand’s history, but this isn’t just any 250 GTO. As of just yesterday, this is a $70 million Ferrari GTO. Someone shelled out what amounts to a heartbreaking amount of money for the privileges of owning one of the rarest, most prestigious cars to ever exist. But what makes this one so special?
Known as 4153 GT, this particular 1963 Ferrari 250 GTO won the Tour de France (the road race held between 1899 and 1986) in 1964. It also finished fourth in the 1963 Le Mans 24-hour race. It went on with its racing career through 1969, where it was raced by then-owner and driver Eugenio Baturone.
Over the years, it’s changed hands a few times, each for an increasing amount of money. In the 1990s, UK Ferrari specialist DK Engineering in Hertfordshire, England restored this $70 milion Ferrari 250 GTO into what is, per the company’s James Cottingham, “one of the best 250 GTOs in existence in terms of history and originality.” Only 39 Ferrari 250 GTOs were ever built, in three different variants.
Reports indicate David MacNeil, WeatherTech CEO, purchased this record-breaking $70 million Ferrari GTO. When it was new, the Ferrari 250 GTO sold for $18,000 – or about $150,000 in today’s money. That sort of appreciation in value is beyond crazy, but then again this is quite a special car.
So, what would it be, TFL community? This $70 million Ferrari 250 GTO, or a fleet of LaFerraris? How about two or three Malibu mansions? The last car to sell for a record-breaking amount at auction was – you guessed it – another Ferrari 250 GTO. That one sold for a paltry $52 million. A bargain!
Check back to TFLcar.com for more news, views and real-world reviews! Admittedly, probably not of multi-million dollar Ferarris. Sadly.