Widely regarded as one of the most sought-after cars ever made, it's not every day that a Ferrari 250 GTO changes hands. But that day, according to reports out of the UK, has come.

Word has it that a private treaty sale – the only way vintage machinery of this caliber ever moves – of one such 1964 model has yielded a purchase price of £20.2 million – $31.8M in equivalent U.S. currency– just shy of the $30-40 million said to have been paid in 2010 for a 1936 Bugatti Type 57SC Atlantic. In other words, this is the second most valuable car ever sold, and the most expensive ever sold in Britain. Or, at least, whose sale has ever gone on record, as many of these exchanges remain secretive.

Even in this case, although the purchase price was reportedly confirmed by the broker, the identities of the buyer and seller – and of the exact example in question – have not. The speculation is, however, that we're talking about s/n 5095, which British businessman Jon Hunt is said to have bought from former Samsung chairman Lee Kun-hee in 2008 for £15.7 million (about $20.8M), and that it is now bound for Spain.

Whoever the buyer is, he or she is in good company. Of the 39 examples of the 250 GTO built, one belongs to Pink Floyd drummer Nick Mason, one to British radio personality and consumate Ferrari collector Chris Evans, and one to fashion icon Ralph Lauren (who also just happens to own a Bugatti Atlantic).


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  • 25 Comments
      Cruising
      • 2 Years Ago
      $32M for sex on wheels I'm surprised it was not more.
        SloopJohnB
        • 2 Years Ago
        @Cruising
        Sex on wheels comes a lot cheaper (and better looking too). Guy needs to find a better escort service.
          Coco is God
          • 2 Years Ago
          @SloopJohnB
          'A lot' is the mother of all understatements
      foncool
      • 2 Years Ago
      Old joke in the collector car world. How many Ferrari GTOs were built? 39, 41 survive.
      • 2 Years Ago
      [blocked]
        ShutoSteve
        • 2 Years Ago
        It's only worth something to you, according to you, because it can be used for scrap metal to produce electric cars right? Hypocrite. One minute you tell us how the combustion engine should die in a fiery death, and the next you're telling us we don't know know what a combustion engined equipped car is worth? Listen to yourself.
        Joe
        • 2 Years Ago
        do everyone in the autoblog community a favor and just SHUT UP. God damn it ive only seen a few of your posts and you are seriously the most irritating troll ive ever seen. What worth are you talking about? Its plausibility for conversion into an electric car? SHUT UP YOU MORON.
      • 2 Years Ago
      [blocked]
      SloopJohnB
      • 2 Years Ago
      Fascinating that such an expensive car is going to such a broken country. How is it that people can afford to live so richly and the country they live in is breaking down? Something is rotten in (Spain).
        • 2 Years Ago
        @SloopJohnB
        [blocked]
          jvshenderson
          • 2 Years Ago
          Something is rotten everywhere... Here in the US the 1% has gotten far wealthier while the rest of the country is in recession. All the oil wealth of the Mid East is distributed to the royalty and their friends while their people live in cinder block huts. China's massive spending explosion is fueled by billions of workers making far less than our minimum wage. I'd better stop - I'm starting to sound like a WS Occupier or commie or something ;-)
          SloopJohnB
          • 2 Years Ago
          Good one!! Probably get a better interest rate than sovereign debt.
        John Sand John
        • 2 Years Ago
        @SloopJohnB
        Your observation is amazingly stupid... You must think that millionaires only live in countries like Switzerland or Luxembourg uh? Please donate your brain to science so maybe they can find a cure to stupidity.
      AE86
      • 2 Years Ago
      ARE YOU KIDDING ME ??? 32 MILLION on a damn car ? I love cars just as much as the next guy but this is a W T F.
        • 2 Years Ago
        @AE86
        [blocked]
        Bird2112
        • 2 Years Ago
        @AE86
        I can't understand how the vastly superior and rarer Shelby Daytona Coupes, only six were built, struggle to sell for more than 7 million. Don't get me wrong, I love Ferraris. But the Daytonas cleaned their clocks in '64 and '65...
        ShutoSteve
        • 2 Years Ago
        @AE86
        At this point the car becomes an investment, not just a car anymore.
      AnthonyL
      • 2 Years Ago
      pocket change
      IOMTT
      • 2 Years Ago
      This is what I call a "blue chip" investment. I probably would not enjoy driving it much though and have a nervous breakdown.
      Bobs Ya Nanna
      • 2 Years Ago
      ....and it's the second most expensive because??? Because you don't know how much the Bugatti went for? Because you're ASSUMING it went for more that this one?
      ShutoSteve
      • 2 Years Ago
      Well right now there's a perfect spot on replica for sale on eBay, for $500,000, built on a bespoke tube chassis with the same Columbo engine offered in the original, uprated to 3.3 liters to replicate the ultra rare 330 GTO. It's exacting, with only someone aware of all the VIN's being able to tell it apart from the original, and it sounds as good, looks as good, and is just as eye catching as the original, plus it's made out of 100 percent Ferrari parts, so it is a real Ferrari. And I'd say compared to $32 Million, it's a relative bargain. Albeit I do think $500,000 is still pretty high for a perfect replica. http://cgi.ebay.com/ebaymotors/1964-FERRARI-330-GTO-CHRIS-LAWRENCE-RECREATION-UNDETECTABLE-FLAWLESS-/220949373692?pt=US_Cars_Trucks&hash=item33719be2fc#ht_500wt_1021
        SloopJohnB
        • 2 Years Ago
        @ShutoSteve
        Of course it's not undetectable since the VIN gives it away....
      Sukairain
      • 2 Years Ago
      "£20.2 million – $31.8M in equivalent U.S" Wow, US dollars are worth peanuts compared to even the troubled euro. Time to bury can food in the backyard and buy guns.
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