A Rare 1962 Ferrari 250 GTO Just Became the Most Expensive Car Ever Sold at Auction
The Ferrari 250 GTO is a machine in its own class. So covetable, in fact, that Wal-Mart’s Rob Walton, Sir Anthony Bamford, and hedge fund founders Tony and Lulu Wang each own not one, but two of these classic beasts. And last Saturday at RM Sotheby’s sale during Monterey Car Week, the famed automobile reached a new level of desirability by becoming the most expensive car ever sold at auction. Yes, the 1962 Ferrari 250 GTO went for a stupefying $48.4 million USD price