Old Ferraris just keep getting more expensive
Just months after a rare Ferrari GTO sold in Europe for a record-breaking $32 million, Bloomberg BusinessWeek reports that an apple green Ferrari 250 GTO from 1962 has topped it, selling for $35 million.
The fantastic Ferrari was built for race car driver Stirling Moss, and was bought by cellphone industry tycoon (and classic car collector) Craig McCaw, who just listed his private island off the coast of Vancouver for a tidy $75 million. The Ferrari is one of just 39 GTOs made between 1962 and 1964.
The seller was Dutch-born businessman Eric Heerema, who owns the Nyetimber vineyard in southern England. He bought it a decade ago for $8.4 million, according to Bloomberg.
Download Bulletin PDF