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Ferrari 250 GTO Could Fetch $75 Million at Auction!

August 14, 2014 11:10 AM
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Ferrari 250 GTO Could Fetch $75 Million at Auction!

At the start of July it emerged that a 1962 Ferrari 250 GTO was heading to the Quail Lodge auctions and set to be sold by Bonhams. What makes the upcoming auction so unique is that the car is being offered with no reserve. Now it has emerged that at tomorrow’s auction, the car could sell for as much as $75 million.

Last year, a 1963 Ferrari 250 GTO became the most expensive car ever sold after changing hands for $52 million in a private sale. According to Hagerty Group, a Michigan-based insurer and classic car database however, the Bonhams 250 GTO should eclipse that quite comfortably. As a matter of fact, it ...

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