World's most expensive car

World’s most expensive car sells for US35m

Cars

Even a £2.1 million Bugatti Veyron or a $2.9 million Lamborghini seems like a relatively cheap buy compared to the $35 million price tag of a 1962 Ferrari 250 GTO sold last month.

The $35 million car, designed for race car driver Stirling Moss, exchanged hands in a private sale and has become the world’s most expensive car ever sold.

The green Ferrari, one of only 39 GTOs produced from 1962 to 1964, was listed on classic car dealers’ site anamera.com‘s high-end sales list for May.

The car was reportedly sold by Dutch-born businessman Eric Heerema, owner of the Nyetimber vineyard in Sussex, southern England, while the buyer was US-based classic car collector Craig McCaw.

“The market is very active at the moment,” said James Cottingham, acquisition consultant for Ferrari dealer DK Engineering, based in Hertfordshire, UK. “A lot of new buyers are expanding their collections and the baby-boomer generation of collectors has reached an age when they’re not using their cars as much as they used to. They want to sell.”

McCaw, who is based in Seattle, was the co-founder of McCaw Cellular, which was acquired by telecommunications giant AT&T for $11.5 billion in 1993.

Lana Galea View Comments

If you liked this post, follow us on Twitter, where you will find more interesting articles posted daily, just click here to follow. Or, if you prefer to subscribe to our rss feed, click here.

You can also link to one of our blogposts by sending an email to: info[at]letitflow.com, and we will update the blogpost with a link to your page!

  • Home & Style .com.sg

    Very cool!

  • http://www.youtube.com/watch?v=_P2mpuyDfPQ Facebook for chiropractors

    This car looks cool and it looks like old school style and I think it has a good and powerful engine. And I hope that this car is sell in the car market.

  • Sue Leonard

    Wow this car looks great and it is really expensive, I don’t think if someone already buy this car.

  • http://sourceautomotive.biz/ dodge cumminsperformanceparts

    Well it was ultra cool back in the day.

blog comments powered by Disqus