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1962 Ferrari 250 GTO sells for $51 7m

After nearly four decades in private ownership, the sole factory-owned Series I Ferrari GTO (chassis No. 3765) was claimed by a new owner for $51.7 million this week during Sotheby’s New York Marquee Week Sales of Modern and Contemporary Art.

1962 Ferrari 250 GTO Is The Most Expensive Ferrari To Be Sold At Auction

The 1962 250 GTO, once raced by Scuderia Ferrari sold at auction for $ 51.7 million.

A 1962 Ferrari GTO race car auctions for record $51 7 million

Jim Jaeger, a prominent collector in Ohio and co-founder of the company that came to manufacture Escort radars, owned the car for nearly four decades prior to the sale. A spokesperson from RM Sotheby’s did not identify the new owner.

A 1962 Ferrari Race Car Auctions for World-Record $51 7 Million

A 1962 Ferrari Race Car Auctions for World-Record $51 7 Million
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Ferrari becomes most expensive car after being sold for $51 7m

Ferrari becomes most expensive car after being sold for $51 7m
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