Car Culture / Cars / Gearhead Hobbies

70 Million Reasons To Praise This Prancing Horse

This rare thoroughbred Ferrari recently sold for $70 million. What is it built from… Unobtainium? This could be the most ever paid for any car, period. Rarity and race history are the key factors in the value of collector cars and this silver 250 GTO has those boxes checked big-time.

Reports say the price may be between $70 and $80 million and it should be noted that a car may have sold for more with the transaction never making it into the public forum. The 250 GTO was a special homologation model built between 1962 and 1964 to qualify the car for motor racing. Ferrari’s infamous Tipo 168/62 V12 engine provides the soundtrack. Reportedly, the rules called for 100 road-going examples, but Enzo got by with making only 39. This particular GTO, chassis 4153GT, saw more than the road.

Seen here in the middle of the first row at the 1964 Tour de France, Ferrari chassis 4153GT, was guided to victory by Lucien Bianchi and Georges Berger. One of its victims in the GT class was the Shelby Cobra Daytona driven by Bob Bondurant and Jochen Neerspasch poised at right. Picture by LAT Photographic

One the race circuit, the car did not disappoint. It came home second with Phil Hill and Olivier Gendebien driving in its first race, the 12 Hours of Sebring in 1962. Chassis 4153GT was a regular GT-class competitor from ’62 to ’64. During its time on the track, the Ferrari competed in the biggest race of its day… and showed well. It finished fourth overall at the 1963 24 Hours of Le Mans. It added ‘race winning’ to its pedigree by taking the checkered flag in the 1964 Tour de France rally.

The Ferrari was purchased in a private sale by avid Ferrari fan and CEO of WeatherTech floor mat company, David MacNeil.

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