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Multimillion $ Ferraris & More in London Sale

Filed under: Wheels , Auctions On October 29, RM Auctions will present an amazing collection of classic sports cars, including several stunning multimillion dollar Ferraris , at their Automobiles of London event. The star of the sale is a highly-prized 1963 Ferrari 250 GT SWB California, estimated at $5 million - $6 million. Other hot-ticket Ferraris on the London block include a 1965 250 LM Berlinetta,...

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Ferrari 250 GTO Becomes Most Expensive Car In History

Hot damn! Check this out: the Ferrari 250 GTO, which is considered by many to be the most beautiful car in history, has just become the world’s most expensive car, ever. I am talking beyond Bugatti Veyron expensive, as cars like this are thought to be worth, I believe, around fourteen million euros. No, this is [...]

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Could Art and Wine be the Safest Investments?

Last week, Damien Hirst sold more than $200 million of pickled animals and splatter paintings in London. A unnamed buyer recently paid $28.5 million for a vintage Ferrari 250 GTO in a private sale. The easy explanation for these big-ticket blow-outs is that the super-rich simply aren't effected by what [...]

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Ferrari 250 GTO sold at auction for 20 million euros

This incredible news comes from England where a very rich (and anonymous) Ferrari fan has purchased at auction, one of the rarest Ferraris ever for 15.7 million pounds. That’s about 20[...]

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Ferrari 250 GTO: The most expensive car in the world

A car widely renowned as the most beautiful of all time is also now officially the most expensive after a model sold for €20 million at an auction, German newspaper Bild reports.

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Most expensive car: Ferrari 250 GTO

There were lots of rumors about pricing of most expensive car - Ferrari 250 GTO. These rumors showed up on the FerrariChat forums and no one confirmed it so far. And at last Ferrari 250 GTO shattered all records by fetching $28.5 million, including a commission of $500,000. The seller was in Scotland, buyer is [...]

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Ferrari 250 GTO sold for $28.5 million!

Posted on 09.18.2008 12:30 by Simona Alina Filed under: Ferrari | classic cars | sports cars | auction A Ferrari 250 GTO just took the honors of being the world's most expensive car after it was sold for $28.5 million. The car is now in England with its new owner, and you can imagine he wants the exact location of his new treasure to remain secret. There were only 39 GTOs ever produced (most cars...

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English bloke drops $28.5 million on a Ferrari 250 GTO

$28.5 million. That’s a whole lot of money that you can spend on a whole lot of things. Like buy a couple of Ferraris, a couple of Lamborghinis or even a couple of $2 million Bugatti Veyrons....

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Ferrari 250 GTO rumored to have sold for $28.5 million

Filed under: Car Buying , Auction Action , Ferrari Click above for high-res gallery of the Ferrari 250 GTO The going rate for vintage Ferraris seems to be at an all time high, as evidenced by the record sale of a 1961 Ferrari 250 GT California Spyder back in May and the incredible selection of million dollar Ferraris at the RM Auction in Monterey this year. All of those are easily topped, however,...

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$3 million stolen Ferrari. Think that counts as grand larceny?

Image: Greenwich Concours d’Elegance For the last few days, Sports Car Market’s been covering the developing story of an infamous 1958 Ferrari 250 Pininfarina Cabriolet, # 0799GT. Its clouded and disputed history became a little less this week, when Connecticut State Police seized it from its owner. Check out the warrant for seizure of the car, [...]

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Connecticut Police seize rare stolen Ferrari 250 PF Cabrio

Filed under: Time Warp , Government/Legal , Ferrari We're tying to figure out which is the greater nightmare scenario. On one side, you have a collector who had his ultra-rare and extremely valuable classic Ferrari stolen. On the other, you have another collector who had the same Ferrari seized by state troopers. One car, two collectors, and one very unfortunate set of circumstances. The car in question...

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Stolen Ferrari Worth $5 Million Found In Conn.

Connecticut state police say a rare Ferrari worth millions of dollars that was stolen in Spain 15 years ago has been found in Sharon. State police say car thieves falsified documents and records for the 1958 Ferrari 250 PF, then sold it in 2000 to an apparently unsuspecting car enthusiast in Sharon for $550,000. It's worth somewhere between $4 million and $5 million.

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1958 Ferrari 250 PF Recovered In Connecticut 15 Years After Theft In Spain [Offbeat News]

A very rare, and very stolen, 1958 Ferrari 250 PF worth over $4,000,000 has been found in a private Connecticut collection, 15 years after being pinched in Spain. The Connecticut State Police Motor Vehicle Task Force and the Connecticut State Police Auto Theft Task Force tracked the Ferrari down with help from Interpol and the Swiss owner. Shockingly, the car was smuggled into New Jersey and registered...

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Gratuitous Car Pic

For some reason, the Ferrari 250 “California Spider” has been on my mind recently. It’s my current wallpaper, in fact. Does anyone else see the fascination, apart from the typical one? - Comments

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Auction news: Top bidder gets a 1961 Ferrari for $4.5 million

Eleven cars sold for more than $1 million, and a 1961 Ferrari 250 GT SWB Berlinetta was the biggest attraction at an auction in Monterey, Calif., last weekend.