Ferrari 250 GTO Becomes Most Expensive Car In History

Hot damn!

Check this out: the Ferrari 250 GTO, which is considered by many to be the most beautiful car in history, has just become the world’s most expensive car, ever. I am talking beyond Bugatti Veyron expensive, as cars like this are thought to be worth, I believe, around fourteen million euros. No, this is not a joke: 14 million euros. But it gets crazier. This specific example just became history’s most valuable automobile at a, hell, forget sky scraping, this is a sky-piercing-space-entering-just-shot-down-the-Galileo-satellite price of— waaiiit for it… twenty million euros. That’s euros (about double the dollar’s value). So in dollars this Ferrari just sold for 40 million. Words are inadequate to describe the event (and my stroke + heart attack brought on by pure shock). Unbelievable.

Oh, and the buyer was an anonymous English guy who wipes his ass with 1,000 pound bills (does England even have 1,000 pound bills?). That’s pounds, people, which also holds about double the dollar’s value.

He wipes his ass with multiple 1,000 pound bills.

As a final thought, this car broke the once record of 7 million euros, which was held, interestingly enough, by another Ferrari, this one a 1961 California Spider. And, if I’m not mistaken, I believe that all of the world’s most expensive cars are Ferraris. No Lamborghinis, no Porsches. Tells you a little something about who makes the better cars, don’t it?

Some Ferrari 250 GTO facts after the jump:

Part of what makes this car so desirable is that only 39 250 GTOs were ever built, from 1962 to 1964. The other part, I guess, is that it is widely regarded to be the most beautiful car in the world. I don’t share that view myself, but hell, for 40 million bucks I’d call even Rosie O’Donnell hot.

Engineered and designed by Giotto Bizzarrini, every part of the car was meticulously engineered. All the vents and louvers are functional, and like always, top-notch Ferrari racing technology was used.

And since it is a Ferrari, you can expect “performance” to be the main codon in its DNA. It boasted either a 3.0 or 4.0 liter V-12 engine that was good for 302 horsepower. It had a top speed of 185 mph, which was sensational back then. The GT version of the 250 GTO spent about a decade dominating so hard on races that it made Porsche cry. It was finally retired when Ferrari decided to focus on the F1.

Filed Under: Car News • Ferrari