1962 Ferrari 250 GTO Sets New Auction Record at $48.4 Million

RM Sotheby’s shattered the record for most valuable car to sell at auction Saturday night with the highly anticipated sale of a 1962 Ferrari 250 GTO for $48.4 million dollars. RM opened bidding on the car at $35 million and within a minute bidding had moved up in million-dollar increments to $38 million. From there, […]

The post 1962 Ferrari 250 GTO Sets New Auction Record at $48.4 Million appeared first on Motor Trend.