1962 Ferrari 250 GTO available at $41 million makes bid for world’s most high-priced car.

 

A green 1962 Ferrari 250 GTO built for Sir Stirling Moss dealt hands for $35 million, which makes it the most expensive car at any time sold. That record may not endure another month if a nameless American seller gets his selling price of $41 million for his 250 GTO — a symptom that the market for Enzo Ferrari's most well-known race cars may soon overheat.

Offered available for sale by a London broker, there's little public detail about which one of the 39 known GTOs has been put available on the market. It's one of 29 Series I GTOs, and one regarding 22 left-hand-drive versions, and the broker claims it has "great provenence and a perfectly cared for history by previous and current owners, " which only means it likely hasn't been burned in a wreck about the track.

When Ferrari built the actual V-12, 170-mph GTOs to race, with wins at Le Mans and worldwide, there was never a thought which the cars would someday turn directly into near-venerated objects. Even a 10 years after their heyday, GTOs have been often considered worn-out sports vehicles by collectors. Only in the past few years, as the world's wealthy have begun to discover collector cars as works of art, profit and coolness combined possess their prices risen to stratospheric altitudes. By comparison, the most expensive new car easily obtainable in the world — the Bugatti Veyron, commencing at $2 million — looks a downright bargain.

The world of people who account for GTOs and their owners will know if so when a buyer puts down the actual $41 million. If no one particular bites, the collector car world will are aware that there's at least a temporary ceiling to demand for that right cars. If someone does cash, the question then becomes the location where the top really is, and who else may be willing to pay tomorrow's price for any 50-year-old Ferrari today.