Yep, a Ferrari
250 GTO just changed hands for $52 million after being sold by car
collector, Paul Pappalardo, who's owned it since 1984. That's a 49 per
cent increase on the previous most expensive car in the world - an ex-Stirling Moss Ferrari GTO - which sold for £21.6m last June, and £6000 when new. That's a 533233.33 per cent increase from the original price...
While details of the buyer are a bit murky, they've got themselves a rather tasty car. Chassis #5111 has history galore, having won at the 1963 Tour de France, and it's one of just 33 Series 1 GTOs left in existence. Hardly surprising, because they were homologation cars for Group 3 Grand Touring Car racing, and the going tended to get a bit... crashy in the sixties. They were pretty exclusive, too - Enzo Ferrari himself insisted on vetting every customer.
While details of the buyer are a bit murky, they've got themselves a rather tasty car. Chassis #5111 has history galore, having won at the 1963 Tour de France, and it's one of just 33 Series 1 GTOs left in existence. Hardly surprising, because they were homologation cars for Group 3 Grand Touring Car racing, and the going tended to get a bit... crashy in the sixties. They were pretty exclusive, too - Enzo Ferrari himself insisted on vetting every customer.
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Under the slightly wonky sheet metal, there's a hand-welded spaceframe chassis, A-arm front suspension setup, live axle rear end, and disc brakes all round. Oh, and a thumping great V12 in the front. The GTO also got a five-speed ‘box designed by Porsche with a metal gate showing the shift pattern - the very same that's still used in Ferraris today.Which is all very well, but 52 million dollars for one car? Bit pricey?
Best UK Used Cars
Under the slightly wonky sheet metal, there's a hand-welded spaceframe chassis, A-arm front suspension setup, live axle rear end, and disc brakes all round. Oh, and a thumping great V12 in the front. The GTO also got a five-speed ‘box designed by Porsche with a metal gate showing the shift pattern - the very same that's still used in Ferraris today.Which is all very well, but 52 million dollars for one car? Bit pricey?
Best UK Used Cars
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