Records are made to be broken, and it seems that one may have just been snapped again. An Italian website is reporting that a Ferrari 250 GTO, owned by American collector Paul Pappalardo, recently sold for $52 million.
The entry list for all of the events in this year's Rolex Monterey Motorsports Reunion totaled 15 single-spaced pages long. That's explains how the field for this past weekend's Trans-Am race contained 41 cars, which is a larger field than ever competed in a real Trans-Am race.
It often seems that cars worth millions of dollars are kept under lock and key in climate-controlled garages, never to see the open road. Christopher Cox's 1962 Ferrari 250 GTO is not one of the those cars. The American investor drives the car, one of just 39 built, regularly and has participated in numerous events around the world since he purchased it in 2005. In fact, we've seen the brightly colored 250 GTO, Drew Phillips
Bloomberg reports that a 1962 Ferrari GTO has been sold for $35 million, making it the most expensive car in the world. The record price eclipses the $32 million paid for a 1964 Ferrari 250 GTO back in February and the $30-34 million dish
Widely regarded as one of the most sought-after cars ever made, it's not every day that a Ferrari 250 GTO changes hands. But that day, according to reports out of the UK, has come.
As wanderers of the infinite Internet wastelands, we've seen some pretty bizarre drag races, but nothing compares to the event that takes place in the video after the jump. In it, a classic Ferrari 250 GTO is pitted against the most unlikely of competitors; a Polaris Ranger RZR XP 900. The Ferrari gets the benefit of a tarmac launch while the UTV is left to put its 875cc engine's motive powe
Nobody can throw an anniversary party like the folks at Pebble Beach. To celebrate 50 years of the Ferrari 250 GTO, the world's most famous classic car show convened an incredible collection of Enzo's most coveted creation. And what a gathering it was. More than half of the 39 250 GTOs in existence were on display – the official number quoted was 22, although we could only count 21. The line of cars literally stretched farther than our cameras could capture. Factoring in the going rate of
Seeing a Ferrari 250 GTO in action is something that should be on every car enthusiast's bucket list. For us, it's been checked off this weekend. Last week we saw several 250 GTOs participate in the Pebble Beach Tour, driving up and down Hwy 1 on the Monterey coastline, and just a few days later we headed to the track to see them in action at Mazda Raceway Laguna Seca.
Every year on the Thursday before the Pebble Beach Concours, each of the entrants is given the opportunity to prove its roadworthiness on the scenic roads of 17 Mile Drive and Highway 1. A good selection of cars are usually up to taking on the challenge, although some are better equipped than others.
Ferrari and Ford retro supercars on The Smoking Tire – Click above to watch the video after the jump
1963 Ferrari 250 GTO #4675GT - Click above for high-res image gallery
1963 Ferrari 250 GTO #4675GT – Click above for high-res image gallery
Much like the Sex Panther cologne in Anchorman, which was "made with bits of real panther," Alfred Dunhill's enthusiast-oriented Provenance cufflinks are shaped like miniature Ferrari 250 GTOs, and are made of actual Ferrari 250 GTO aluminum body panels. Worry not, friends, as we're quite certain that Dunhill isn't wantonly slaughtering GTO
