Collecting

Ferrari Sets Record for Most Expensive Car Ever Sold Online

During the pandemic, summer car auctions go online. It’s a mixed bag of results. 

In an auction that ended Aug. 7, Gooding & Co. sold a 1966 Ferrari 275 GTB the color of a white sand beach for $3.08 million. Even more unbelievable: It was done online. The uniquely engineered, 1-of-40 coupe commanded the most expensive sum ever paid for a car sold on the Internet.

Such a high sale for a car not actually seen in person is a canny indicator of the relative health of the collector-car market in the midst of Covid-19. But not a surprise.