Record $37m Ferrari rumour

 

Buy a vintage Ferrari.

Classic examples of the desirable marquee have been hitting the headlines, with James Coburn’s 1961 250 GT California Spyder fetching the equivalent of more than $11 million in May this year.

Now we’re hearing rumours that a Ferrari 250 GTO has sold for a whopping $28.5US – topping over the $37 million mark in Aussie dollars.

We can’t find any proof of the story, there’s no mention just yet of which particular car it was, who bought it and who previously owned it. But the Ferrari sources who are talking about it are generally reasonable authorities.

On other sites, one writer has mentioned Jay Leno – in which case the car would be joining marque stablemates like his 250 P5 Berlinetta Speciale and 1959 250 GT California Spyder. But Leno is not shy about broadcasting his purchases.

Only 36 of the 250 GTO were built in the early 1960s, selling for about $20,000 at the time, although buyers had to be personally approved by Enzo Ferrari.

The build featured a hand-welded tube frame, wire wheels, live-axle rear and A-arm front suspension.

It was powered by the 3.0-litre V12 engine from the 250 Testa Rossa, with each of the cylinders having the cubic centimetre displacement that gave the car part of its name. The GTO is an acronym for Gran Turismo Omologato, which is Italian for Grand Touring Homologated.

 

Related story

Record sale for Coburn Ferrari

 

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