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Most Expensive Car Ever Sold



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Norm

Club Member

Sat 02 Jun 18 11:18

Most Expensive Car Ever Sold


A 1963 Ferrari just sold for $70 million, believed to be the highest price ever paid for a car, according to sources.

The 1963 Ferrari GTO one of only 36 that were made was sold in a private deal, according to Marcel Massini, the world's top collectible Ferrari expert. Sources said the car was sold by a German collector to David MacNeil, the founder of WeatherTech, the maker of car floor mats.

Previously the highest price for a car was $52 million, paid for another 1963 Ferrari GTO in 2013.

Ferrari GTOs are considered the biggest trophies in the car-collecting world for their rarity, power, beauty and success on the race track. A 1962-63 GTO sold at auction in California in 2014 for $38 million.

The $70 million GTO that was purchased by MacNeil won the 1964 famed Tour de France race and came in fourth at Le Mans, Massini said. It's painted in silver and yellow and despite a winning record on the track was never crashed, unlike many other GTOs.

MacNeil didn't immediately respond to requests for comment. But he is already an avid Ferrari collector, with several multimillion-dollar cars, sources said. Owning a GTO will put him in the most elite club in car collecting the "GTO Club" of billionaires and multimillionaires who own what many consider to be the greatest Ferrari ever made. The club includes Ralph Lauren, fashion mogul Lawrence Stroll, and Walmart heir Rob Walton.

Massini predicts that GTO prices will continue climbing, since the number of billionaire Ferrari collectors is growing but the number of top-quality GTO's remains constant with very few willing sellers.

"We will see a GTO sell for $100 million in the next two to three years," he said. "I have little doubt."

Robert Frank CNBC


--------------------
From Delmarva, USA
NCM Member
2016 Z06 Coupe A8 Black, Red & Ebony Int.
1975 L82 A3 T-Top, Bright Blue, Custom Blue & Black Interior (NCRS for me, Not Correctly Restored Stingray)
Previously Owned Vettes: '65, '97, '01, '10, '14

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Daytona Vette

Club Member

Sun 03 Jun 18 10:54

Re: Most Expensive Car Ever Sold


Norm, 250 GTO one of the greatest, we have a chap here in Ascot who has one and he paid some 518,000 just for the number plate to put on it "25 O"

May be not the racing heritage but our early DB Zagato Astons are in some respects worthy of some alignment with the early cars of Enzo and should command higher prices in the world of those that have unlimited funds to collect and speculate.


--------------------
Barry - Daytona Vette

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Norm

Club Member

Mon 11 Jun 18 22:14

Re: Most Expensive Car Ever Sold


Yes.....unlimited funds....must be nice. Very Happy


--------------------
From Delmarva, USA
NCM Member
2016 Z06 Coupe A8 Black, Red & Ebony Int.
1975 L82 A3 T-Top, Bright Blue, Custom Blue & Black Interior (NCRS for me, Not Correctly Restored Stingray)
Previously Owned Vettes: '65, '97, '01, '10, '14

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