1963 Ferrari 250 GTO Sells For USD 52 million

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This 1963 Ferrari 250 GTO has become the most expensive car in the world. Its previous owner, Paul Pappalardo from Greenwich, Connecticut, sold his Ferrari 250 GTO from 1963 to an undisclosed buyer for the record sum of 52 million USD. The previous record was held by Ferrari 250 GTO (1962) too. That one was driven by Sir Stirling Moss and it was sold for 35 million USD last year. This comes to confirm that the Ferrari 250 GTO is the most expensive cars ever made. The 1963 Ferrari 250 GTO has the chassis number 5111. One of the reasons it's so expensive is that it won the 1963 Tour de France road race with driver Jean Guichet at the wheel. Other Ferrari 250 GTO owners include Pink Floyd drummer Nick Mason, Peter Sachs from Goldman Sachs, Rob Walton who's the chairman of Wal-Mart and Lawrence Stroll from Tommy Hilfiger.

Reportedly, Nick Mason was offered as much as 50 million USD for his Ferrari 250 GTO. Apparently, he took a wise decision when he refused to sell it. At this rate, we'll probably see a 100 million USD Ferrari 250 GTO in the near future.

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Source: Ferrari