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1964 Ferrari 250 GTO sells for nearly $32M

by Noah Joseph (RSS feed) on Feb 13th, 2012 at 11:01AM

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... Read More

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