Go Back   Team-BHP > BHP India > Vintage Cars & Classics in India > Beyond Borders

Thread Tools Search this Thread
Old 5th October 2013, 00:14   #1
darklord's Avatar
Join Date: Oct 2007
Location: TVM (KL-16)
Posts: 399
Thanked: 524 Times
Default 1963 Ferrari 250 GTO reportedly sells for record $52 million

Name:  gto660ferrari.jpg
Views: 1465
Size:  56.8 KB
A classic car was recently sold in a private transaction for a staggering $52 million.

Citing anonymous sources with knowledge of the sale, Bloomberg reports that the rare 1963 Ferrari 250 GTO was owned by noted Connecticut based car collector Paul Pappalardo, and likely sold to a Spanish collector.

If accurate, it was the highest known price ever paid for an automobile, smashing the record set by another Ferrari 250 GTO last year, which went for a reported $35 million.

That is ~300 crore INR.
darklord is offline   (3) Thanks Reply With Quote
Old 5th October 2013, 12:49   #2
Join Date: Nov 2009
Location: Bangalore
Posts: 831
Thanked: 201 Times
Default Re: 1963 Ferrari 250 GT0 reportedly sells for record $52 million

Wow! I remember seeing a pic of this car in early 90's when Mike Tyson picked it up for $3 million.
wildsdi5530 is offline   (1) Thanks Reply With Quote
Old 16th August 2014, 09:58   #3
Senior - BHPian
ghodlur's Avatar
Join Date: Sep 2009
Location: Thane
Posts: 4,777
Thanked: 1,787 Times
Infractions: 0/2 (9)
Smile Re: 1963 Ferrari 250 GTO reportedly sells for record $52 million

A 1962 Ferrari GTO Berlinetta sells for a record 38 mn dollars in the Bonhams Monetary auction. It is said this is the most expensive sale ever at the Bonhams beating the earlier record held by Merc W196R. Only 39 of these Prancing horse models were built. The fact that it was a damaged car in one of the races and restored still had the highest bid speaks volumes of the fan following for the car.

ghodlur is offline   Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Should I buy a used Ninja 250 or new CBR 250? Edit - Bought a used Ninja 250 RacerByHeart Motorbikes 45 17th September 2011 10:51
Maruti Suzuki sells over a million units in 2009-10 Dippy The Indian Car Scene 1 2nd April 2010 16:57
Hero Honda sells over 4.5 million units in 2009-10 Dippy Motorbikes 0 2nd April 2010 11:40
So Merc C Class sells > E Class sells > S Class? GTO The Indian Car Scene 3 10th November 2005 23:51

All times are GMT +5.5. The time now is 23:14.

Copyright 2000 - 2016, Team-BHP.com
Proudly powered by E2E Networks