1962 Ferrari 250 GTO $35 Million
Published: June 9, 2012
1962 Ferrari 250 GTO $35 Million, The most expensive car purchase in recorded history – $35 million for a 1962 Ferrari 250 GTO race car built for Stirling Moss – was reported today by Bloomberg News.The apple-green GTO, one of 39 made by Ferrari between 1962 and 1964, was bought by U.S. car collector Craig McCaw within the past two weeks in a private transaction from Dutch-born businessman Eric Heerema, according to the car-dealer website Anamera.com accessed by Bloomberg, which also confirmed the sale through two independent traders.
The previous sales record was held by Peter Mullin, owner of the Mullin Automotive Museum in Los Angeles, who reportedly paid between $30 million and $34 million in 2010 for a 1936 Type 57SC Bugatti Atlantic.
McCaw, a Seattle resident, was a co-founder of McCaw Cellular that was acquired by AT&T for $11.5 billion in 1993. According to the Forbes ranking of billionaires published in March 2012, McCaw has a net worth of $1.8 billion. Heerema, owner of the Nyetimber vineyard in SusS-EX-, England, reportedly purchased the GTO 10 years ago for $8.5 million.
The Ferrari GTO has long been considered the most desirable and valuable of any cars built by the Maranello, Italy, automaker because of its iconic styling and V12 performance. In 2010, the nearly $18 million sale of a Ferrari 250 GTO by British TV and radio host Chris Evans made headlines, and it reportedly has since been resold in the upper $20 millions, Bloomberg said. (Fox News)
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