Saturday, October 16, 2021
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Why Ferrari 250 GTO Is World’s Most Expensive Car | All You Need To Know

Many supercar companies have built many cars that have a price tag of over the million-dollar range. Companies like Lamborghini built their limited edition cars like the Veneno, which cost over $4.8 million USD, or the Koenigsegg CCXR Trevita with a similar price. In today’s date, the world’s most expensive car from Bugatti is La Voiture Noire $18.7 million dollars.

What makes a 19’s Ferrari 250 GTO the most expensive car ever sold in an auction?!

Ferrari, a company the doesn’t need an introduction. The car company which is been an inspiration for other car manufacturers. The first Ferrari was made in 1947 and 74 years later Ferrari still makes the most amazing cars in the world. Apart from the uniques design and performance the other thing that makes them popular is their high prices.

Ferrari 250 GTO

Ferrari 250 GTO

So, we got the reason why Ferraris are unique. Now getting toward the 19’s Ferrari era, the Ferrari 250 GTO. This car was produced from 1962 to 1964 and the buyers had to be personally approved by Enzo Ferrari. This 2-door sports car had the capability of reaching a top speed of174 mph or 280 km/h which is insane for the time. It could do 0-60 mph in just 2.9secs.

Having the greatest advantage of its performance the GTO won many races like the Tour de France Automobile twice in a row. In 19s the new 250 GTO would cost just $18,000 USD in the United States. According to the inflation graph, it means $150,000 USD for today.

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The Auction price

Ferrari 250 GTO

In 2014 1962 250 GTO sold for over $38 million USD at an auction at Bonhams. Which was the most expensive car until 2018, an auction in Monterey California another 250 GTO sold for $48 million USD. The GTO was special, it won the 1962 Italian GT championship and has 15 overall wins from 1962 to 1965.

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1963 Ferrari 250 GTO

Ferrari 250 GTO

Coming towards the most expensive car ever sold. The special edition 250 GTO, was sold to the CEO of WatherTech company MacNeil who is also a sports car collector. MacNeil paid over whopping $70 million USD for this special edition. The model so special is that the car is still in one piece. There were only 36 racecars ever made and won the 1964 Tour de France Automobile and painted in sliver. This is the Mona Lisa of cars and could have a price tag of over $100 million USD in the next five years.

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