Someone Just Paid A Record-Breaking $70 MILLION For A 55-Year-Old Ferrari 250 GTO

1963 Ferrari 250 GTO 70 MILLION

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A 1963 Ferrari 250 GTO like the one pictured above just sold for a record-breaking $70 million or almost twice what a 1962 Ferrari 250 GTO sold for in 2013, making it officially the most expensive car ever sold.

This particular car, chassis 4135 GT, was one of only 39 Ferrari 250 GTOs built between 1962 and 1964. It also reportedly came in fourth at its first race, the 1964 race at LeMans, sixth at the 1964 Spa Grand Prix, third (and first in class) in the 1964 Mont Ventoux hill climb, and won the 1964 Tour De France.

The legendary 300 horsepower, 174 mph road-legal Ferrari is believed to have been purchased by David MacNeil, CEO of WeatherTech, reports The DuPont Registry. (You know who else could afford a car like this? These guys.)

Leading Ferrari historian Marcel Massini, who described the car as one of the top three or four GTOs in the world, confirmed it had been bought by an American businessman. Mr. Massini added he was confident a GTO would be sold for $100 million within five years.

During the 1990s, the GTO was restored by Hertfordshire-based DK Engineering. The bluechip car specialist wasn’t involved in the $70 million deal. But James Cottingham, vehicle acquisition specialist at DK Engineering, said: “This is without doubt one of the best 250 GTOs in existence in terms of history and originality.

“Its period competition is very good. It won the Tour de France, which is big tick and was fourth overall at Le Mans, which was a mega result.

“It was raced by Ecurie Francorchamps, who are one of the most iconic and famous independent Ferrari teams; it has never had a big accident and it is highly original.” (Fox News)

Francorchamps teammates Lucien Bianchi and Georges Berger were the drivers of the car for its big victory in the ’64 Tour de France.

Here are a few looks at what kind of car you can expect to get for $70 million.

https://www.instagram.com/p/BjoROr5F1Xr/?tagged=250gto

And here is the 1962 Ferrari 250 GTO that sold for “just” $38 million back in 2013.