1962 Ferrari 250 GTO is the most expensive car ever sold

Posted by Shane McGlaun

Just uttering the name Ferrari sounds expensive, as any exotic Italian car to roll off the assembly line in Maranello will cost you a pretty penny.

However, out of all the vehicles Ferrari has ever produced, many consider the GTO (1962-1964) to be the most coveted of all, as only 39 were ever manufactured.

And now a 1962 Ferrari 250 GTO race car  originally built for racing legend Stirling Moss has been sold and is reportedly the most expensive car purchased in history, weighing in at a cool $35 million.

The 250 GTO isn't in a color you might expect a Ferrari to be covered in, as it is painted in the mint green color Moss used for his UDT-Laystall race team. This particular Ferrari was ultimately raced by a British driver named Innes Ireland at the 1962 24 Hours of Le Mans - instead of Moss. Ireland ended up piloting the 250 GTO to a win in the 100 lap Tourist Trophy.

The Ferrari 250 GTO is chassis number 3505 and was purchased by American billionaire Craig McCaw for $35 million, beating the previous purchase price record by $1 million. The former record was held by Peter Mullin, who owns the Automotive Museum in Los Angeles. Mullin reportedly paid between $30 and $34 million for 1936 Type 57SC Bugatti Atlantic in 2010.