$30 Million Ferrari 250 GTO Crashes During Car's 50th Anniversary Celebration

Jason Siu
by Jason Siu

American businessman Christopher Cox is the owner of one of the world’s most rare automobiles: A 1962 Ferrari 250 GTO. Unfortunately, he’s also the owner of one of the world’s most expensive crashed cars.

The accident occurred out in France, as Cox, his wife, and his beloved 250 GTO were on a trip to commemorate the model’s 50th anniversary. One of just 39 ever built, Cox’s car is estimated to be worth upwards of $30 million before it was involved in a wreck on the way to Le Mans. Reports are that another vehicle hit it as it was attempting to overtake the famous Ferrari.

Cox’s wife, Ann, suffered a broken leg in the accident and it appears that Cox is unharmed. Two passengers in the other vehicle were taken to a nearby hospital.

Those that keep tabs on the Ferrari 250 GTO model, Cox’s particular one was chassis number 3445GT. Cox has owned the model since 2005.

[Source: Ferrari Life]

Jason Siu
Jason Siu

Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.

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