Ferrari 250 GTO smashes world auction record - US$38.1 million

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It was the 26th anniversary of the death of Enzo Ferrari on Thursday (August 14), and "Il Commendatore" continues to cast a shadow over the automotive industry that is perhaps now more influential than ever. On Thursday one of his creations recaptured Ferrari's "most valuable car sold at auction record" when a 250 GTO sold for US$38,115,000. Perhaps even more importantly, by Sunday evening (August 17), we expect Ferraris will populate more than half the top 100 most valuable cars ever sold at auction, confirming Maranello is more dominant than ever in the automotive investment marketplace. .. Continue Reading Ferrari 250 GTO smashes world auction record - US$38.1 million

Section: Automotive

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