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Ferrari breaks auction record. Image by RM Sothebys.

Ferrari breaks auction record
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A 1962 Ferrari 250 GTO has become the most expensive car ever sold at auction, fetching an astonishing $48.2 million (37.4 million at the time of writing). The car, previously driven by Phil Hill in the Targa Florio endurance race and successfully raced around Europe in the '60s, commanded a price more than $10 million higher than the previous record of $38 million (29.5 million), also held by a GTO. Other highlights of the three-day auction, which took place as part of Monterey Car Week, included the sale of a one-off 1962 Aston Martin Le Mans racing prototype (also formerly raced by Phil Hill), which achieved $21.5 million (16.6 million), and a Ford GT40 Mk II, one of Ford's 1966 trio of Le Mans winners that took in $9.8 million (7.6 million).



27 Aug 2018


1962 Ferrari 250 GTO. Image by RM Sothebys.1962 Ferrari 250 GTO. Image by RM Sothebys.1962 Ferrari 250 GTO. Image by RM Sothebys.1962 Ferrari 250 GTO. Image by RM Sothebys.1962 Ferrari 250 GTO. Image by RM Sothebys.

1962 Ferrari 250 GTO. Image by RM Sothebys.  








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