It made its motorsport debut in the 1963 Tour de France road race, finishing second while being driven by Carlo Maria Abate and Lucien Bianchi. 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 Tour de France-winning 1963 Ferrari 250 GTO has changed hands for a reported $70 million. At this level of performance, style and pedigree, it shouldn't be surprising that the 250 GTO is currently one of the most expensive . By Daniel Strohl on Jun 5th, 2018 at 8:59 am. The 250 GTO became highly popular and also created a world record for the most expensive car in June 2018. Just 39 GTOs were produced, and prices continue to skyrocket for these . The most expensive car in the world is a 1963 Ferrari 250 GTOat least, so far. Should 3387GT achieve its . 1. Designed for racing in the early 1960s, the 250 GTO was also built in road-legal specs out of . The most expensive car in Forza Horizon 5 is the 1962 Ferrari 250 GTO. For those fortunate enough to own one, Pirelli has created bespoke tires. 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 world's most expensive brand of car is the Ferrari, and more specifically the 1963 Ferrari 250 GTO. 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). 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. Editorial credit: Krzyzak / Shutterstock.com. 1962 Ferrari 250 GTO - $39.6 Million. It first belonged to the collector Paul Pappalardo, who bought . Beautiful, blue and singular, this GTO held the 2014 record for most expensive car ever sold. Then, just a few months later, a 1962 GTO sold for $35 million. Why? Photo by Will Will. Ferrari factory driver Phil Hill tested the vehicle for the 1962 Targa Florio road race. The 1963 Ferrari 250 GTO was purchased for a staggering $70 million by the WeatherTech founder and CEO in June, 2018. One such example is a 1962 Ferrari 250 GTO, which is set to go under the hammer at the 2018 Monterey auction. The vehicle was crafted in 1962 as a Series 1 car for Ferrari factory use, only the third 250 GTO ever built. 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 . According to some reports, this 250 GTO could fetch upwards of $45 million, making it the one of the most expensive cars ever sold. Equipped with a 3.0 L Tipo 168 Comp/62 V12 engine, the car can produce 302 bhp and 249Nm of torque. The Ferrari 250 GTO is a sport-racing car that was built in 1963 to compete in the "24h Le Mans Circuit". The Grand Basel events will feature . In 2013, Bloomberg reported that chassis 5111GT sold in a private sale to an unnamed buyer for a reported $52 million, making it (if true), the most expensive car ever sold. However, the most money ever recorded being spent to purchase . 1962 Ferrari 250 GTO - $70 million. With its successful and stunning GTO design, the car has become not only one of the most expensive Ferrari automobiles, but the most valuable car in the world ever to be sold at . Well, apart from simply being a 250GTO and wearing this silver-and-Tricolor livery (more on that later), it has quite a special history. The Ferrari 250 GTO is widely considered the most beautiful car of all time. Nov 9, 2015. Up until now, a 1962-63 . 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. This rare 1967 Ferrari 275 GTB/4S NART Spider fetched a staggering $27.5 million at auction. By Daniel Strohl on Jun 5th, 2018 at 8:59 am. This car was sold for a sum of 20.2 million. Despite the Ferrari's hefty price tag, it does not perform as well as other cars out there nor is it the fastest . About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . Ferrari's ingenuity in their 1963 250 GTO separates it from almost every other motor vehicle in history. 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 . The design of 250 GTO is a benchmark for other classic GT sports . In 2014, Bonhams sold another 250 GTO at its Quail Lodge auction for $38.115 million, making it the most expensive car ever sold at auction. It's no surprise that a Ferrari 250GTO commands major money, but this striking example has sold for more than any other classic car in history. The 599 GTO (for Gran Turismo Omologato) is a road-legal version of the 599XX track day car. They say - "Records are meant to be broken", and here goes another one. 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. 9. Now RM Sotheby's is offering a 1962 Ferrari 250 GTO that could set a new world record. Ferrari 599 GTO, US$879,106. The Ferrari 250 GTO has been on the top of the charts when it comes to 'the most expensive car in the world' with one selling for about $ 35 million in auction a few years ago and then another allegedly going for $ 50 million to a private seller. Headed to the RM Sotheby's auction block this year is the third 1962 Ferrari 250 GTO built, chassis number 3413, and by all accounts it is expected to break the world record for the most expensive car ever sold at auction. The GTO remains one of the most sought-after cars in the collector car world, as only 39 were produced for homologation purposes. The Ferrari 250 GTO was designed to be a true racing car. 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. Max Verstappen makes subtle dig at Lewis . Sellers in France and New York respectively are asking $55.8 and $57 million for their own 62 250 GTOs. Ferrari chief Mattia Binotto issues clear instructions to his team over Max Verstappen. Made for race car driver Stirling Moss, the historic 250 GTO . Yet it could be on the verge of being . 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. Ferrari 250 GTO sells for $70 million, becomes world's most expensive car. 1962 Ferrari 250 GTO - $70 million. 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. The color marks this particular car apart from others in its small group. MAX VERSTAPPEN won the Miami Grand Prix, finishing ahead of Ferrari's Charles Leclerc and Carlos Sainz. The Ferrari 250 GTO sold privately for 20 million was built in September 1963 and enjoyed an illustrious racing career. What is the most expensive car in the world of all time? About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . Back in 2014, a fetching 1962 example sold for an eye-watering $38 million. The 1962 Ferrari 250 GTO to be auctioned by RM Sotheby. However, a very . This model has competed in a string of racing disciplines, including hill climbs, track races and long-distance road rallies. According to media reports, in February 2012, a 1964 Ferrari 250 GTO became the most expensive car ever sold, fetching $32 million. This 1957 Ferrari Testa Rossa sold at an auction in California for $16.4 million, making it one of the most expensive cars ever sold in the US. The car was reportedly bought by David MacNeil, CEO of car weather protection . . The World's Most Expensive Cars A Ferrari 250 GTO 1962, like the one pictured above, was purchased at auction for $38,115,000. Ferrari 250 GTO 1960s Super Car Florida,Miami Beach Convention . The 1960s race car is a legend, easily deserving its place on a list of the "Greatest Ferraris of All Time" . The 6-liter, V12 engine of the GTO produces 660 hp and comes from the legendary Ferrari Enzo. The most important classic-car event of the year has started, and this year, the annual car week in Monterey and Pebble Beach, California, kicked off with a startling, record-setting auction. The power is transmitted via an F1 six-speed gearbox. The sale set a world record for any car ever sold at . . At the time, Robert Brooks, chairman of Bonhams, said: "We've always maintained that we would . Unusually . Ferrari 250 GTO sells for $70 million, becomes world's most expensive car. Ever. And now all these records have been smashed and how! Ferrari seems to have a monopoly on the world's most expensive cars. 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 record-breaking price trumps the previous princely sum of $32 . A 1963 Ferrari 250 GTO racer has been sold for a cool $52million (32m), making it the most expensive car on the planet. With a Tipo 168/62 V12 engine capable of 174 mph, this racecar was a bullet on the track back in the '60s. Selling for a cool $48,405,000, this car was and still is the most expensive car to ever sell at auction. 4. According to the Ferrari factory, there were 39 total, made from 1962 to 1964. This particular 250 GTO (chassis no 3413 GT) is only the . The price? Image: RM Sotheby's. Topping this list is yet another Ferrari 250 GTO which sold four years later in 2018. Find the perfect car collection ferrari stock photo. The GT was . 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. This particular model (4153 GT . Back in 2014, a red Ferrari 250 GTO sold for a mind-boggling $38.1 million, beating expectations by more than $8 million. Of course, that was by the people selling it, but the hyperbole must have worked somehow, because this 1962 Ferrari 250 GTO became the most expensive car ever sold at auction this weekend at an RM . So much so that it won the famed 1964 Tour de France Automobile. Mercedes-Benz W196R held the record of the most valuable sports car in the world until Ferrari 250GTO . The Ferrari 250 GTOalso known as the car that sold for a record-breaking $48.4 million at auction last year shortly after another example privately exchanged hands for a reported $80 million . Chris Evans acquired a Ferrari 250 GTO in 2010 - this vintage 250 GTO Ferrari - which cost him 12m. The highly desirable Ferrari 250 GTO is famous for being the most expensive car to ever sell at auction. The world record for the most expensive car sold at a public auction is 38.115.000 dollars at the Bonhams auction in August 2014. Huge collection, amazing choice, 100+ million high quality, affordable RF and RM images. . Despite the Ferrari's hefty price tag, it does not perform as well as other cars out there nor is it the fastest. via: Luxe Guide. In 2018, a 1962 Ferrari 250 GTO was for $48 million through RM Sotheby, becoming the most valuable car ever sold at an auction. At a selling price of 52 million, this 1963 Ferrari 250 GTO is the most expensive car to ever sold. 1962 Ferrari 250 GTO - $48,405,000. . Sources often disagree on the number of 250 GTOs built. At over $38 million, the Ferrari 250 GTO is the most expensive car in the world. August 31, 2018 This 1962 Ferrari 250 GTO Is the Most Expensive Car Sold at Auction Bidding skyrocketed to $48.4 million before the hammer fell at RM Sotheby's Monterey sale. Its star racing history certainly helped it achieve celebrity status: the candy apple red motor car was driven by . Nov 10, 2016. 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. Only 36 copies exist and all have colorful histories. A car is worth however much someone is willing to pay for it, so if Bill Gates wanted to buy a Mitsubishi Mirage tomorrow for $5 billion, that would become the world's most expensive car. 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. Photo by Will Will. The bidding session started at 35 million dollars and stopped, after six minutes, at 44-million dollars (to which a 10% commision was . A 1963 Ferrari 250 GTO took that title last year with a $52 million sticker price . The car reaches a top speed of 174 mph and goes 0-60 mph in 6.1 seconds. Also Read: New 2018 Ferrari Portofino Review . The sports car (number 5095) went on to win three competitions in 1964, the . According to the Ferrari factory, there were 39 total, made from 1962 to 1964. Ferrari 250 GTO all in a row, most expensive collection of cars 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. The legendary Ferrari 250 GTO is the world's most sought-after car . 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. Talacrest. 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 grabmore . This 1957 Ferrari Testa Rossa sold at an auction in California for $16.4 million, making it one of the most expensive cars ever sold in the US. 1. Sources often disagree on the number of 250 GTOs built. But that lofty price is dwarfed by the 135 million (US$143 million . . 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. The Ferrari 250 GTO is the most sought after classic car because of its perfect blend of looks, rarity and performance on both the track and public road. Only 36 units of the Ferrari 250 GTO were made. It comes with a price tag of $70 million. This particular 250 GTO - chassis number 3413 GT - was owned for two decades by . The current record of $38.1 million, also for a '62 250 GTO, sold at Bonhams' auction during Car Week in 2014. However, a very . The 250 GTO is most famous Ferrari around. 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. This record was achieved when a 1963 Ferrari GTO 250 was sold for US$70 million . A 1962 Ferrari (RACE-IT) became the most expensive car ever sold at auction, fetching $48.4 million over the weekend.. is believed to be the most expensive car in the world. RM Sotheby, one of the leading car auction companies, sums up why people . For four years, this 1962-63 Ferrari 250 GTO was the most expensive car to be sold at auction. Back in 2014, a fetching 1962 example sold for an eye-watering $38 million. Dean Mouhtaropoulos. A 1962 Ferrari 250 GTO with a connection to Stirling Moss has sold for a record $35 million, making it the world's most expensive car. Ferrari 250 GTO is one of the most popular and rare classic cars around the world as the company manufactured just 36 cars from 1953 to 1964. 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 . This makes the car the most expensive car , 1963 Ferrari 250 GTO Most Expensive GT car in Market It comes with a price tag of $70 million. Recently, a 1963 Ferrari 250 GTO became the most expensive car ever sold at an auction. The most money ever paid for any car was more than $70 . Read about 1963 Ferrari 250 GTO Most Expensive GT car in Market , The Ferrari 250 GTO remains one of the most expensive cars sold. A 1962 Ferrari 250 GTO has recently become the world's most expensive car after being sold for $35 million, Bloomberg reports. Ferrari 250GTO is the most expensive car sold in a public auction. . The most money ever paid for any car was more than $70 . The most expensive car you can buy right now is a Gordon Murray Automotive (GMA) T.50s Niki Lauda, at US$4.36 million. What is the most expensive car in the world and what makes it so special?There are many cars with high price tags and appraisals, however there is only one c. The Ferrari 250 GTO is by far the most valuable car in the world. With prices sitting around $50 million right now, the Ferrari 250 GTO is the most expensive and desirable car of all time. Current owners of the most expensive car of all time include American fashion designer Ralph Lauren and Pink Floyd drummer Nick Mason. This rare 1967 Ferrari 275 GTB/4S NART Spider fetched a staggering $27.5 million at auction. 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. 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. The Ferrari 250 GTO is by far the most valuable car in the world. 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. $70m - an eye-watering 52m. The highly desirable Ferrari 250 GTO is famous for being the most expensive car to ever sell at auction. The most expensive car in Forza Horizon 5 is the 1962 Ferrari 250 GTO. A rare 1962 Ferrari 250 GTO sold for $48.4 million at RM Sotheby's annual collector car sale in Monterey, California. 1962 Ferrari 250 GTO. This 1962 Ferrari 250 GTO was auctioned at the Bonhams sale at The Quail, A Motorsports Gathering--and when the hammer finally went down, the classic sports car went for a cool $34.65 million, the most . Then, in February of this year, a Ferrari 335 . Chris Evans acquired a Ferrari 250 GTO in 2010 - this vintage 250 GTO Ferrari - which cost him 12m. 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. Designed for racing in the early 1960s, the 250 GTO was also built in road-legal specs out of . It is without question the most expensive car that has ever been sold at auction. 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. A Ferrari 250 GTO holds the auction record of $38.1 million, though there have been rumors of private sales well above that figure. The machine which commanded the price is the 1962 Ferrari 250 GTO with the serial number 3851GT. 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. 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. A classic Ferrari is expected to become the world's most expensive car after it was put up for sale at 45 million.