1964 Ferrari 250 GTO Sold For $31.8 Million

1964 Ferrari 250 GTO Sold For $31.8 Million

Many enthusiasts agree that of all Ferraris, the 1964 Ferrari 250 GTO road racer eclipses the rest. With less than 40 examples ever made, classic car collectors agree: this ranks among the most desirable.

Last week, Top Gear revealed that a private treaty sale happened for Ferrari 250 GTO serial number 5095. It sold for £20.2 million, or $31.8 million U.S., the transaction made this GTO the most expensive Ferrari in the world. Unofficially, the 250 GTO is also the world’s second most valuable, only bested by the 1936 Bugatti Type 57SC Atlantic sold in 2010. Few elite automobile sales are publicly disclosed and prices are almost always protected, though it was estimated to cost between $30 and $40 million.

While the price of this particular Ferrari 250 GTO had been revealed and confirmed by the broker involved, the identities of the buyer and seller remain anonymous. According to speculation, the car is believed to belong to British businessman Jon Hunt, who purchased the Ferrari back in 2008 for the equivalent of almost $25 million..

Whoever the new owner may be, we can only hope this person would allow us to experience his/her GTO at the next Pebble Beach Concours d’Elegance or Goodwood Festival of Speed.

[Source: Top Gear]