Home / Auto News / News article: 1962 Ferrari 250 GTO Becomes World's Most Expensive Car - AutoGuide.com News
 |  Jun 02 2012, 3:01 PM

For a vehicle to gain itself the title of ‘most expensive car in the world’, it’s going to have to cost more than a hefty $35 million.

Because that’s what this 1962 Ferrari 250 GTO recently sold for to Craig McCaw, a car collector based out of Seattle, Washington. What’s even more astonishing is that the same car was last sold 10 years ago for just $8.5 million.

Why is this particular 250 GTO so coveted? Well, it was built by the Italian exotic automaker for the one and only, Sir Stirling Moss. Unfortunately Moss never got to compete in the car, but his teammate Innes Ireland did in the 1962 LeMans. That was the only time this GTO raced, and after that it became a collectible item over the years.

It’s just one of 39 250 GTOs in the world and is undoubtedly one of the most sought after cars in the world.