Ferrari GTO breaks records

Ferrari GTO breaks records

a Ferrari 250 GTO Subordinate 1962 With Scaglietti chassis (in the pictures) Last November 13, it was sold at public auction RM Sotheby’s In New York for a record amount of $51.7 million (More than 48.3 million euros). It is the most expensive Ferrari ever sold at auction, as well as the most expensive classic car sold worldwide in 2023. With a crimson red body and racing color bearing the number 7, its uniqueness is due to the fact that it revolves around One of 34 examples Of the GTOs built on a 1962 Tipo chassis (chassis 3765) and the only unit originally fitted with a 4-litre engine. The car took a class win and second place overall at the 1962 Nürburgring 1,000 km race, and in 2012 won Best in Show at the Concours d’Elegance in Amelia Island, Florida.

The auctioned car had been in the hands of Jim Geiger, an important collector from Ohio, for forty years. The new owner, whose identity is currently unknown, bought it in less than 20 minutes, starting with an initial bid of $34 million. The hammer came down at $47 million, but a 10% buyer’s premium brought the total price to $51.7 million. despite of a Recordit was actually the final selling price Below expectations. In the days leading up to the sale, auction house RM Sotheby’s actually indicated the car’s value exceeded $60 million.

the Previous record It belonged to a 1967 Ferrari 412P Berlinetta, which sold for $30.2 million on August 17. 2023 has been a very successful year for Ferrari; According to data from Classic.com, 12 of the 15 cars sold at this year’s auction had the prancing horse logo. between Other cars This year’s best sellers include a 1962 Ferrari 250 GT SWB California Spider, which sold for nearly $18 million at a Gooding & Co. auction. on March 2, and a 1964 Ferrari 250LM, which was sold for 15.7 million euros on Artcurial on July 5. previouslyThe most expensive prancing horse ever sold to the public was a 1962 Ferrari 250 GTO, which sold for $48.4 million At an RM Sotheby’s auction in 2018.

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According to data processed by Classic.com, updated as of November 3, the total Classic car sales in 2023 It was down 23.4% from the previous year, from $321.4 million in 2022 to $245.9 million in 2023. Annual auctions during Monterey Car Week, considered the benchmark for market values, reached just over $400 million (a number that takes… All five auction houses considered). ) a decrease compared to $473 million last year.

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