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1962 Ferrari Sells for $51.7 Million

hank
edited November 2023 in Off-Topic
”A 1962 Ferrari 330 LM / 250 GTO by Scaglietti, the coveted Italian coachbuilder, sold for $51.7 million at a RM Sotheby’s auction Nov. 13 in New York City. It was the most expensive Ferrari ever to sell at auction and the most expensive classic car sold publicly anywhere in the world this year.”

https://fortune.com/2023/11/13/ferrari-gto-race-car-1962-auction-record-51-7-million-sothebys/

I’d consider buying it. But afraid what collision coverage would cost. Maybe go with a $5 million deductible?

Comments

  • Observant1
    edited November 2023
    The Ferrari 250 GTO is a true classic sports car.
    It must be a blast to drive with a 300 HP V-12 engine and a dry weight of under 2000 lb.
    Unfortunately, it will most likely be a garage queen.
  • CrashCrash
    Some people have WAY too much money.
  • MarkMark
    @Crash - Indeed
  • AnnaAnna
    Some people just have too much pocket change.
  • CrashCrash
    Anna said:

    Some people just have too much pocket change.

    Quite correct. More correct than I was.
  • hank
    edited November 2023
    + 1 2 3

    If I was a cop and this thing was out on the street, I’d be tailgating him everywhere. Just waiting for a chance to pull him over. Red cars especially. AVOID!
  • Old_JoeOld_Joe
    Darn!!! I was going to bid on that thing but all the cash is tied up in CDs and Treasuries right now. Maybe FD100 got it.
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