Automotive

$48.4 million Ferrari 250 GTO breaks world auction record

$48.4 million Ferrari 250 GTO ...
RM-Sotheby's set a new world record for a car at auction this evening (August 25, 2018) when a 1962 Ferrari 250 GTO sold for $44 million (hammer price - with buyers premium, the full price was $48,405,000).
RM-Sotheby's set a new world record for a car at auction this evening (August 25, 2018) when a 1962 Ferrari 250 GTO sold for $44 million (hammer price - with buyers premium, the full price was $48,405,000).
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A new world record for a car at auction was set this evening when a 1962 Ferrari 250 GTO sold for $48,405,000
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A new world record for a car at auction was set this evening when a 1962 Ferrari 250 GTO sold for $48,405,000
RM-Sotheby's set a new world record for a car at auction this evening (August 25, 2018) when a 1962 Ferrari 250 GTO sold for $44 million (hammer price - with buyers premium, the full price was $48,405,000).
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RM-Sotheby's set a new world record for a car at auction this evening (August 25, 2018) when a 1962 Ferrari 250 GTO sold for $44 million (hammer price - with buyers premium, the full price was $48,405,000).
Automotive auction records have been toppling over the last 72 hours during Monterey Car Week, with a 1935 Duesenberg SSJ selling for $22 million. The Duesenberg SSJ is one of of just two made, with this car being owned by famous actor Gary Cooper, and being the world's fastest pre-WW2 road car. In selling for $22 million, the Duesenberg SSJ became the most valuable American car and the most valuable pre-WW2 car ever sold.
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Automotive auction records have been toppling over the last 72 hours during Monterey Car Week, with a 1935 Duesenberg SSJ selling for $22 million. The Duesenberg SSJ is one of of just two made, with this car being owned by famous actor Gary Cooper, and being the world's fastest pre-WW2 road car. In selling for $22 million, the Duesenberg SSJ became the most valuable American car and the most valuable pre-WW2 car ever sold.
Prior to this week, only eight cars had ever sold for more than $20 million at auction, but in the last two days another three cars have now joined that elite club, with the third car being a 1963 Aston Martin DP215 GT Competition Prototype that sold for $21.455 million.
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Prior to this week, only eight cars had ever sold for more than $20 million at auction, but in the last two days another three cars have now joined that elite club, with the third car being a 1963 Aston Martin DP215 GT Competition Prototype that sold for $21.455 million.
The Ferrari 250 GTO is the "Holy Grail" for car collectors. Over the course of the last half century, the Ferrari 250 GTO has emerged as the most desirable and potent blend of style, exclusivity, performance, heritage and status of any automobile. Full story of the 250 GTO and the high achievers that own one can be found here.
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The Ferrari 250 GTO is the "Holy Grail" for car collectors. Over the course of the last half century, the Ferrari 250 GTO has emerged as the most desirable and potent blend of style, exclusivity, performance, heritage and status of any automobile. Full story of the 250 GTO and the high achievers that own one can be found here.
1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
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1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
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1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
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1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
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1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
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1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
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1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
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1962 Ferrari 250 GTO by Scaglietti | Sold for: $48,405,000| Estimate: $45,000,000 - $60,000,000  | Auctioneers: RM-Sotheby's | Auction: Monterey 2018 | Full story
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A new world record for a car at auction was set this evening when a 1962 Ferrari 250 GTO sold for $48,405,000 at an RM-Sotheby's auction in Monterey, California. The 56-year-old breaks the existing car auction record of $38.115 million set in 2014, also for a Ferrari 250 GTO.

The new record holding car (Ferrari 250 GTO #3413GT) has been owned for the last 18 years by Dr. Greg Whitten, the former Chief Software Architect for Microsoft.

A new world record for a car at auction was set this evening when a 1962 Ferrari 250 GTO sold for $48,405,000
A new world record for a car at auction was set this evening when a 1962 Ferrari 250 GTO sold for $48,405,000

Whitten built the foundations upon which the Microsoft Office suite of applications (Microsoft Word, Excel and Powerpoint) were constructed. A complete rundown on the car and the 250 GTO owners club can be found here.

Automotive auction records have been toppling over the last 72 hours during Monterey Car Week, with a 1935 Duesenberg SSJ selling for $22 million. The Duesenberg SSJ is one of of just two made, with this car being owned by famous actor Gary Cooper, and being the world's fastest pre-WW2 road car. In selling for $22 million, the Duesenberg SSJ became the most valuable American car and the most valuable pre-WW2 car ever sold.
Automotive auction records have been toppling over the last 72 hours during Monterey Car Week, with a 1935 Duesenberg SSJ selling for $22 million. The Duesenberg SSJ is one of of just two made, with this car being owned by famous actor Gary Cooper, and being the world's fastest pre-WW2 road car. In selling for $22 million, the Duesenberg SSJ became the most valuable American car and the most valuable pre-WW2 car ever sold.

Automotive auction records have been toppling over the last 72 hours during Monterey Car Week, with a 1935 Duesenberg SSJ selling for $22 million. The Duesenberg SSJ is one of of just two made, with this car being owned by famous actor Gary Cooper, and being the world's fastest pre-WW2 road car.

In selling for $22 million, the Duesenberg SSJ became the most valuable American car and the most valuable pre-WW2 car ever sold.

Prior to this week, only eight cars had ever sold for more than $20 million at auction, but in the last two days another three cars have now joined that elite club, with the third car being a 1963 Aston Martin DP215 GT Competition Prototype that sold for $21.455 million.
Prior to this week, only eight cars had ever sold for more than $20 million at auction, but in the last two days another three cars have now joined that elite club, with the third car being a 1963 Aston Martin DP215 GT Competition Prototype that sold for $21.455 million.

Prior to this week, only eight cars had ever sold for more than $20 million at auction, but in the last two days another three cars have now joined that elite club, with the third car being a 1963 Aston Martin DP215 GT Competition Prototype that sold for $21.455 million.

View gallery - 12 images
1 comment
christopher
It is so choice. If you have the means, I highly recommend picking one up. https://www.youtube.com/watch?v=0wALArd2rvo