Rare Ferrari 250 GTO May Fetch Record $45 Million at Auction
- RM Sotheby’s to offer 1962 Ferrari at Pebble Beach in August
- A similar car sold privately for $70 million this year
1962 Ferrari 250 GTO
Source: RM Sotheby’sAnother year, another trophy to test millionaires’ desires for classic Ferraris.
A red 1962 Ferrari 250 GTO will be auctioned in August during the annual Pebble Beach Concours d’Elegance motoring week in California. The car is being offered by RM Sotheby’s, which estimated it at more than $45 million, the highest valuation ever for a vintage auto at auction.