This Ferrari GTO Will Probably Sell for Over $50 Million
On Thursday, around 5:30 pm PST, someone is going to buy a 1962 Ferrari GTO. They’ll likely spend more than $52 million, which will make it the most expensive car ever sold at auction.
The car is being sold by Bonhams at The Quail in Monterey, California. Why does the auction house expect to rake in so much cash? Because the GTO is one of the most beautiful, accomplished, and generally awesome race cars ever. Only 39 were made, so ownership is reserved for all-star collectors like Ralph Lauren and Walmart heir Robson Walton. And the specific GTO that’s up for grabs is especially noteworthy.