A rare Ferrari GTO has been sold for $51.7 million in New York City
to become the second-most expensive ever sold at an auction. The
Ferrari 330 LM/250 GTO by Scaglietti – the coveted Italian
coachbuilder – is one of the only Scuderia-raced GTOs to have a V12
engine- raced at the Nurburgring 1,000km race where it finished
second overall. It was initially offered by RM Sotheby’s for an
unpublished estimate of $60million before two bidders drove the
price up to $47million, before auction-house fees. Ferrari heritage
The car was due to race the Le Mans 24 Hours in 1962 but failed to
compete due to overheating issues. It was eventually bought by an
owner in the United States in 1985, where it competed in vintage
racing on the high-end auto show circuit. It was also awarded a
Best in Show win at the 2011 Amelia Island Concours d’Elegance.
Previously, the record for the most expensive car was held by
another Ferrari 250 GTO, which took $48.4 million at an RM
Sotheby’s auction in 2018. The price of the 1962 Ferrari GTO is
only surpassed by a Mercedes 300 SLR Uhlenhaut Coupe, which went
for €135 million in 2022.

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