WOW! A Very, Very Special Ferrari 250 GTO Just Sold For $80 MILLION USD

The highly desirable Ferrari 250 GTO is famous for being the most expensive car to ever sell at auction. Back in 2014, a fetching 1962 example sold for an eye-watering $38 million. However, a very special Ferrari 250 GTO has now sold for more than double that. According to a thread on the Ferrari Chat forum, a Ferrari 250 GTO, chassis number 4153 GT, was recently purchased for $80 million in a private deal, making it the most expensive example to ever be sold.

Leading Ferrari historian, Marcel Massini, confirmed the sale, claiming he expects a model to sell for $100 million within five years. Finished in silver with French tricolore stripes adorning the front, this particular Ferrari 250 GTO has an incredible racing heritage. It first raced at Le Mans in 1963 by its owner Pierre Dumay, where it finished second in class and fourth overall. It was subsequently sold to the Ecurie Francorchamps and the French livery was replaced by a Belgian racing yellow stripe before being brought back in 2015. The car’s crowning achievement came in 1964 when it won the gruelling 10-day Tour de France race at the hands of Lucien Bianchi and Georges Berger...

Read the Ferrari Chat thread here.

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skytop - 6/3/2018 12:35:16 AM

+3 Boost

A very nice driver car.

MDarringer - 6/3/2018 9:39:42 AM

-2 Boost

Except that you can't drive it.

qwertyfla1 - 6/3/2018 2:54:04 PM

+3 Boost

Such a gorgeous car. I saw 8 of these a the Cavallino event years ago and they actually did some low speed track time with the cars. That is brave considering the potential for loss.

MDarringer - 6/3/2018 6:29:05 PM

0 Boost

It's fun doing low-speed runs in rare cars or just driving them into a concours. I've done the latter before a few times. Tremendous fun.

CANADIANCOMMENTS - 6/3/2018 5:47:16 PM

+1 Boost

Triple threat. The right brand, the right model and verifiable racing palmares. It does not get any better than that. Crazy money for any car. Driving it around in circles on your property can't be any fun. A historic race for vintage cars would be a hoot, but who wants to crash an $80m car, even if it is being used to do what it was designed for.

carloslassiter - 6/3/2018 7:07:33 PM

-1 Boost

Sorry, not feeling it.

MDarringer - 6/3/2018 9:03:02 PM

-1 Boost

I'm not feeling it either. When you see what $300K buys at Barrett Jackson, I don't know how this is 267X better.

mre30 - 6/3/2018 9:49:56 PM

+3 Boost

There will always be asterix' affixed to private sales. We dont' know the circumstances - could be someone who just "had to have it" but it could be someone who needed to park some cash somewhere (i.e. launder some money).

This potential for laundering has been going on in the high-dollar art market since WW-II and it has now perhaps occurred in the high dollar collector car market. Unless it is a public auction, the facts and circumstances of the sale will never really be known.

Nice headline (and high dollar car, clearly) but hard to draw any conclusions.

MDarringer - 6/3/2018 10:26:06 PM

0 Boost

A LOT of shady money flows through vintage car transactions.

One dealer of vintage cars got arrested for selling cars to buyers with dirty money and then buying them back with a bonus under the table.

Kind of like...customer buys a $100K car with tainted money. The seller then buys the car back from the customer for $100K with clean money and is given a courtesy tip from the customer.

USNA1999 - 6/4/2018 7:57:43 AM

+3 Boost

Weathertech founder was the buyer, what a great American story.

PUGPROUD - 6/5/2018 6:55:27 PM

+1 Boost

If you have the money and it makes you happy, go for it! Money is a tool to make things happen for you and your loved ones, not an end in of itself. And as Coco Chanel once said "The best things in life are free. The next best things however are very very expensive!"