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Records are made to be broken, and it seems that one may have just been snapped again. An Italian website is reporting that a Ferrari 250 GTO, owned by American collector Paul Pappalardo, recently sold for $52 million.

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1963 Ferrari 250 GTO #4675GT - Click above for high-res image gallery

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1963 Ferrari 250 GTO #4675GT – Click above for high-res image gallery

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