GTFO!
A 1963 Ferrari 250 GTO (chassis #5111) has sold privately for US$52 million, Bloomberg reports. Unsurprisingly that easily gives it the title of the world’s most expensive car. According to Ferrari just 36 of these were made, which in part explains the high demand for the classic V12-powered coupé.
The buyer of the high-priced 250 GTO remains anonymous for now, but the seller is US-based collector Paul Pappalardo, who purchased the car back in 1974. Pappalardo is keeping tight lipped about the sale. “We don’t confirm these things. I have no comment,” he told Bloomberg.com.
London-based Ferrari dealer Joe Macari says the 250 GTO is the must-have model for mega-wealthy Ferrari collectors. “It’s a cult car,” he said.”If you’re a billionaire, you feel you have to have one. I don’t understand the appeal of them. They’re not very beautiful and they never won Le Mans. I’d rather have a Testa Rossa.”
Quite.
[Source: Bloomberg | Pics: Ferrari]
One reply on “1963 Ferrari 250 GTO sells for US$52 million”
“They’re not very beautiful” – wut?