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Written by Ollie Kew
When original Ferrari 250 GTOs head to auction, they tow a weight of expectation behind them. How much this time? How many zeroes? The most celebrated of all GT racing Ferraris is shorthand for telephone number auction prices. And the bar has been raised once again. This weekend, a 1963 example has been sold to an American collector for a rumoured $70 million. That"s 52 million, Brits, and breaks the record for a fee paid for a classic car. Previously, the top figure was the estimated 31 million paid for a different 250 GTO (naturally) several years ago. The buyer is believed to be WeatherTech CEO David MacNeil, who made his fortune selling car accessories like waterproof floor mats. So, why such a premium for this particular Ferrari? Well, besides being one of 39 made, the 300bhp, V12-powered silver-yellow example is largely original i.e. it hasn"t been stuffed into a crash barrier to date. It"s also had an illustriously decorated career in the white heat of motorsport.
Date written: 4 Jun 2018
More of this article on the Top gear website
ID: 12094

When original Ferrari 250 GTOs head to auction, they tow a weight of expectation behind them. How much this time? How many zeroes? The most celebrated of all GT racing Ferraris is shorthand for telephone number auction prices. And the bar has been raised once again. This weekend, a 1963 example has been sold to an American collector for a rumoured $70 million. That"s 52 million, Brits, and breaks the record for a fee paid for a classic car. Previously, the top figure was the estimated 31 million paid for a different 250 GTO (naturally) several years ago. The buyer is believed to be WeatherTech CEO David MacNeil, who made his fortune selling car accessories like waterproof floor mats. So, why such a premium for this particular Ferrari? Well, besides being one of 39 made, the 300bhp, V12-powered silver-yellow example is largely original i.e. it hasn"t been stuffed into a crash barrier to date. It"s also had an illustriously decorated career in the white heat of motorsport.
Date written: 4 Jun 2018
More of this article on the Top gear website
ID: 12094