Ferraris have always been the greatest fantasy for all racers in the world.And this tradition is being followed for decades.With all the globalisation and other competitors soaring in the auto market the Italian Auto Major seems to be the undisputed King in the racing and luxury car segment.
The legendary Ferrari 250 GTO was auctioned for €20 million (22 Mil $)-setting the world record for the Most expensive car.Only 39 models of the legendary Ferrari 250 GTO model were ever built, from 1962 to 1964.
Powered by a three-litre V12 engine, the 302-horsepower Ferrari 250 GTO can reach speeds of 283km per hour. It was already considered one of the most valuable cars in the world, previously thought to have been worth approximately €14 million. But with the recent record-breaking sale, it seems the Ferrari 250 GTO is even more valuable than had been thought.
And this price race for the famous racing car did not just stop here.The record has some more accolades under its belt as it proved to be a record breaker of the previous one.The previous holder was a 1961 Ferrari California Spyder sold for a mere 7 million pounds.
The Ferrari 250GTO proved to be a champion not only in the race but also in commanding an escalated price.With the ever green design of these models and the snob appeal brand impression makes this car a force to reckon with.
The most expensive car for $22 million(20million pounds) was set by the Ferrari 250 GTO at London,United Kingdom on Sptember 20,2008.
The legendary Ferrari 250 GTO was auctioned for €20 million (22 Mil $)-setting the world record for the Most expensive car.Only 39 models of the legendary Ferrari 250 GTO model were ever built, from 1962 to 1964.
Powered by a three-litre V12 engine, the 302-horsepower Ferrari 250 GTO can reach speeds of 283km per hour. It was already considered one of the most valuable cars in the world, previously thought to have been worth approximately €14 million. But with the recent record-breaking sale, it seems the Ferrari 250 GTO is even more valuable than had been thought.
And this price race for the famous racing car did not just stop here.The record has some more accolades under its belt as it proved to be a record breaker of the previous one.The previous holder was a 1961 Ferrari California Spyder sold for a mere 7 million pounds.
The Ferrari 250GTO proved to be a champion not only in the race but also in commanding an escalated price.With the ever green design of these models and the snob appeal brand impression makes this car a force to reckon with.
The most expensive car for $22 million(20million pounds) was set by the Ferrari 250 GTO at London,United Kingdom on Sptember 20,2008.
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