Multiple luxury car brands have created incredible cars with ridiculously high prices.
For example Lamborghini created the Veneno,
each costing 4.5 million dollars.
For this price you could buy yourself a luxury villa in Los Angeles.
Koenigsegg built the CCXR Trevita,
that was sold for 4.8 million dollars.
And Bugatti made the La Voiture Noire,
with a price tag of 18.7 million dollars after taxes!
For this price you could buy your own private island
with luxury villas and still have a few million to spare.
But Bugatti hasn’t made the most expensive car in the world.
That honor goes to Ferrari,
a brand that needs no introduction.
It has established itself as one of the leading brands in the industry
as well as a role model for others to follow.
The first Ferrari was created in 1947
and 74 years later Ferrari is still creating amazing sports cars.
Apart from their unique designs and appearance,
one other thing that the Ferraris are popular for is their outrageous price,
and that brings us to the most expensive car ever sold in the world:
The Ferrari 250 GTO
The car was produced from 1962 to 1964
and buyers had to be personally approved by Enzo Ferrari.
The 2-door Berlinetta sports car could reach a top speed of 174 miles per hour or 280 kilometers per hour,
which was very impressive at the time.
But that’s not all.
It could reach 60 miles per hour in just 2.9 seconds!
Due to the exceptional performance, the GTO won many races
including the Tour de France Automobile,
not just once but 2 years in a row!
And it won the International Championship for GT manufactures,
even 3 years in a row!
A new 250 GTO in the United States was sold at the time for only $18,000 dollars!
Adjusted for inflation that would be 150,000 dollars today,
but that’s not even half the price of a Lamborghini Aventador.
In 2014, a 1962 Ferrari 250 GTO was sold for
a whopping $38 million dollars at an auction at Bonhams!
Keep in mind that it was sold for 18,000 dollars in 1962,
if you would have bought it as an investment
you would have made more than 2,000 times your original investment.
But surprisingly that record has been broken since.
In 2018 another 250 GTO was sold at an auction in Monterey California for 48 million dollars!
Setting a record for the most expensive car ever sold at an auction.
The race car won the 1962 Italian GT championship
and has 15 overall wins from 1962 to 1965.
But even this car wasn’t the most expensive car ever sold.
That honor goes to this special version of the 1963 Ferrari 250 GTO
with chassis number 4153 GT.
In 2018 it was privately sold to David MacNeil,
the CEO of WeatherTech,
an experienced sports car racer and car collector.
MacNeil paid...
wait for it...
70 million dollars for the car!
Now I know you’re asking yourself,
“Why is this Ferrari the most expensive car in the world?”
Well, the Ferrari 250 GTO is a very rare car.
In the 2 years the car was manufactured only 36 of these racecars were produced.
The 4153 GT wasn’t just any 250 GTO.
It’s a special version that is painted in silver rather than red,
and it won the 1964 Tour de France Automobile.
Luckily, the car never crashed unlike many other GTOs.
The 250 GTO is considered to be the holy grail in collectible cars.
You could say it’s like the Mona Lisa of cars.
Its rarity combined with its desirability makes it the most expensive car in the world.
But here is where things get even crazier.
Ferrari historian Marcel Massini said he expects that the 250 GTO will fetch
100 million dollars in the next five years!
Thanks for watching and see you in the next video!