Home Mashable Ferrari race car sells at auction for record-making $48.4 million

at
TwitterFacebook

A 1960s race car that originally cost $18,000 (that's $151,203.60 in today's money) shattered records with a nearly $50 million auction sale this weekend.

The valuable 1962 Ferrari 250 GTO, a two-seater coupe, sold at an RM Sotheby's auction in California for $48.4 million. This is the highest auction price ever for a vehicle. A 2014 auction previously held that title, for a $38 million Ferrari.

Only 36 of the Ferrari 250 GTO were made between 1962 and 1964, making it a rarity and highly desirable for collectors. This particular Ferrari raced in the 1962 Italian GT Championships — and won. The car has a top speed of 174 mph. Read more...

More about Record, Ferrari, Auction, Race Car, and Tech

from Mashable https://ift.tt/2MLL7Sz
Share To:
Axact

Axact

Vestibulum bibendum felis sit amet dolor auctor molestie. In dignissim eget nibh id dapibus. Fusce et suscipit orci. Aliquam sit amet urna lorem. Duis eu imperdiet nunc, non imperdiet libero.

Related Articles

Post A Comment:

0 comments:

Subscribe to: Post Comments (Atom)