Classic 1963 Ferrari 250 GTO Sells For World Record $70 Million - Insight Trending

Classic 1963 Ferrari 250 GTO Sells For World Record $70 Million

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A classic Ferrari has turned into the most costly auto on the planet after it changed hands for a record $70 million dollars.

The 1963 Ferrari 250 GTO - the Holy Grail show - won the Tour de France Automobile in 1964, which is one of the world's most renowned and noteworthy motor races.

It is an incredibly rare car being one of just 36 manufacturer between 1962 and 1964.

The Ferrari, known as 4153 GT, has now been sold for $70 million - a record-breaking figure for a car.


Iamge Source Universal Group Editorial

Driving Ferrari student of history Marcel Massini, who depicted the auto as one of the main three or four GTOs on the planet, affirmed it had been purchased by an American representative. Mr Massini included he was sure a GTO would be sold for $100 million infive years. Amid the 1990s, the GTO was reestablished by Hertfordshire-based DK Engineering. The blue chip auto pro wasn't engaged with the $70 million arrangements.

But James Cottingham, vehicle acquisition specialist at DK Engineering, said: "This is without doubt one of the best 250 GTOs in existence in terms of history and originality.

"Its period competition is very good. It won the Tour de France which is big tick and was fourth overall at Le Mans which was a mega result.

"It was raced by Ecurie Francorchamps, who are one of the most iconic and famous independent Ferrari teams, it has never had a big accident and it is highly original."

The Ferrari 250 GTO is the most looked for after exemplary auto in view of its ideal mix of looks, rarity and performance on both the track and open street.

It has competed in a number of racing disciplines, including hill climbs, track races and long-distance road rallies.

At the 1964 Tour de France, Ecurie Francorchamps teammates Lucien Bianchi and Georges Berger comfortably drove 4153 GT to victory ahead of the Ferrari team.

It was its all-round drivability, combined with looks and and rarity that has made the 250 GTO the Holy Grail of cars.

Powering the 250 GTO is a 3-litre V12 engine which developed more than 300bhp - giving it a 0-60mph time of 6.1 seconds and a top speed of more than 174mph.


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