What crisis? People say there is a monetary crisis all over the world, but if you take a look at the recent auctions made in the automotive industry, you’d be scratching your head about what the heck everyone was talking about. Just recently a 1936 Bugatti Type 57SC Atlantic was sold for an amazing $30-$40 million, bringing it to the top of the list of the most expensive cars sold. Today we bring another piece of news like the Bugatti story: a 1963 Ferrari 20 GTO was sold by RM Auctions for an amazing $25 million. Not the most expensive car sold, but damn near close to it.
That’s not such a big surprise considering the 250 GTO is a very exclusive car. It was built between 1962 and 1964 and only 39 units were produced. It was powered by a V12 engine delivering an impressive 302 bhp at 7500 rpm. The 250 GTO is capable of making the 0 to 60 mph sprint in 5.4 seconds and can hit a top speed of 174 mph.
Max Girado – R.M.’s Euro M.D. – said: "The exclusivity of Ferrari’s 250 GTO cannot be understated. As they rarely come to market, new owners become part of a very exclusive ‘club’ and are welcomed with open arms at literally any of the world’s great concours events, races, and rallies. We are pleased to have been able to unite this exceptional car with a new and immensely enthusiastic owner. It’s fantastic that this car will now be used in earnest on the classic car scene around Europe."