1962 Ferrari GTO grows 10-folds in a decade, fetaches $35 million under the hammer


A 1962 Ferrari GTO fetched $35 million to become the most expensive car in the world. With this sale, the car beat its younger sibling a 1964 Ferrari 250 GTO that sold for $32 million in February.This stunning car bearing chassis number 3505GT was created for Stirling Moss. He never really raced the car as his career ended in a crash in April of 1962, but the car by itself has won quite a few races. It competed in the 1962 24 Hours of Le Mans but couldn’t reach the finish line.

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The lime-green car has had a few high-profile owners in the past, with the recent one being a Dutch businessman, who picked it up for $8.5 million around 10 years ago. The cars newest owner is car collector Craig McCaw, the former owner of telecom company AT&T.
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[Autoblog]