1962 Ferrari 250 GTO $38,115,000 Bonhams Auction 2014
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1962 Ferrari 250 GTO $34,650,000 Hammer Price
Sold for US$ 38,115,000 Including Commission
This Is The ONLY Above Average Video On The ENTIRE Internet Showing The Entire Video Auction Of This Machine
WORLD Record Auction Price!
Bonhams Auction 2014
Lot 3Ω
The Ex-Jo Schlesser/Henri Oreiller, Paolo Colombo, Ernesto Prinoth, Fabrizio Violati
1962-63 FERRARI 250 GTO BERLINETTA
Chassis no. 3851GT
Engine no. 3851GT
*Offered fresh from the 49 years in a single family ownership
*Fabulously successful early Italian mountain-climb competition history
*Direct provenance includes 2nd place overall in the 1962 Tour de France
*More a maintained car than a restored car - active all its long life
*A proven historic and vintage race winning car
*One of the best-known and most often raced GTOs of them all
Sold for US$ 38,115,000 Including Commission
(£22,843,633)
Quail Lodge Auction
Monterey, California
Pebble Beach Week August 14, 2014
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#1962Ferrari250GTO
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To all the people complaining about how someone paid 40 million for a car you need to understand that to someone who has billions of dollars that amount of money is nothing. Second, this isn't 'some car that was made 50 years ago'... this is a fucking Ferrari 250 GTO. Everyone is into different things, but to genuine car lovers these old treasures are priceless. They don't buy them to show off (maybe a little) they buy them because they always dreamed about them as children and the feel of the cockpit and the engine roaring beside their feet is enough to give them an orgasm. If I had billions of dollars fuck yeah I would spend it on this car, and I wouldn't stop there either. I would buy as many classic supercars from the 50's 60's and 70's that I could afford and drive them on my private racetrack every day.
this man knows whats up!
I love u man
Thank u for this great text
Btw i also like old cars
I have a dream of getting the 73' ford falcon
Yellow with black hood
Craigslist buyer would be like, "I'll give you 12 thousand . . . CASH"
maprow eb games would probably offer 10$
no. Craigslist buyer would be like....there's somethin wrong with the engine...ill give you $500. Specially if he's mexican.
Liam Silver I will have my cousin take a look at it! !! He can fix anything! !😄😄😄😄😄😎😎😎😎🍺🍺
$38 Million ferrari, cant even get a decent video of it at auction
I bet in 500 years this car is worth 1.6 billion dollars. This car is art like a fuckin Picasso.
There's 38 of them and according to inflation 1.6 billion dollars should be enough to get you a coke bottle.
Is it insurable... if not. it's worth shit.
@@remobandini6144 according to nobody
I saw this very car racing in the early 80s, battling it out with lightweight E-types and an even more rare Aston DB4 Zagato. They were really going for it, proper racing that was. I remember the track speaker going mad that the GTO owner, Fabrizio Violati, actually raced a car worth that much. He mentioned the equivalent of about 3 million dollars. Imagine that! I also remember much debate about its engine capacity. Reportedly, it had (has?) a 4 litre engine, as opposed to the correct 3 litre. I didn't care, I just enjoyed it being raced to the max.
Thank you for posting these auctions. Really enjoy watching them. Hope to see more from you....
I would never spend 38 million for a car (I'd rather buy my dream's yacht) but Ferrari 250 GTO is the most beautiful car ever.
Michelangelo's David on four wheels..
Davide Ascanio Visconti-Borghese those buyers usually had fulfilled their dream possessions, this here is the cherry on top. Remember theyre not you typical millionaires, they are billionaires.
«Rather have a yacht» lol if u can afford this car, u can afford a yacht too.
This is the walmart for the 0.1 %
Walmart ?...hardly... more like the 0.001%.
Anything is worth what people are willing to pay.
And not all of these are hidden away. Pink Floyd drummer Nick Mason has owned a 250 GTO for years, and his wife is regularly taking it out on classic GT racing.
is not only the car is Ferrari history
they should put that car back in to production. :)
Anno 1962 -motore V12-168/62C Cilindrata 2953cc -Potenza 300 cavalli -Velocta' massima 280 Km/h -Peso 880 Kg -Costruiti solo 33 esemplari. Auto piu costosa al mondo.Thank,this car is a wonderful dream for fans
Rick Harrison: best I can do is 5 bucks
I want to see that iPad footage for laughs...
...the UI shows you that he was not even recording XD
@@Tanxmann lol
amazing...
my car ever - i lovit
& i was born in ´62
YEAHH....
It blows my mind that some of the owners of these race them at vintage racing events. That's kind of like playing hand toss with a Faberche' Egg
They use the car for it's intended use
Finally an auction without the yodaling
Stop bitching people, It's more than "just a car". Back in the eighties I read that a GTO sold for 16 mill, now look at them.
Questa prima di essere venduta apparteneva al museo della Maranello Rosso qui nella Repubblica di San Marino 🇸🇲 ed apparteneva a Fabrizio Violati!!!!
Beautiful car I'm happy its going to someone who loves it.
Michael Conner
And hopefully will drive it and won't crash it ! But, sadly, most probably another filthy rich sheik... Damn.
thats not love
Believe it or not, in 1970, the very first GTO was for sale in York, Pa. Asking price $7000! I owned a Bizzarrini and went to see the car. Verified the serial number, and a blank check in hand. The owner refused my offer, saying someone had put down a deposit on the car. So...I never got it, and with current values, how would you insure it, and where would you drive it?
B/T/W, my Bizzarrini, the last made before the company went belly up, is now in Austria. Bought from a German dealer for $886,000!
+Chris Eisenhart Really? Thats awesome! I live in Hanover and its awesome to think such a nice car was in York at one time. Do you know who the original owner was?
Dan Raven Back then, it was owned by the late George Sterner, who lived near Longstown Hill in East York. Somewhere, I have photos of it. Just viewing those six twin Webers atop the engine was a hoot!
My interest in that car was simple. Giotto Bizzarrini engineered the GTO and, of course, the ISO A3/Bizzarrini GT Strada.
+Chris Eisenhart Its a shame you weren't able to buy it and yeah, trying to insure that thing would be ridiculous, nevermind driving it!! Do you remember which one it was and where it is now?
+Chris Eisenhart Was this car 3223gt? If so, it was the first one!
+Dan Raven yes
Questa Ferrari 250 GTO TELAIO #3851# era della collezione Maranello Rosso della Repubblica di San Marino!!!🇸🇲🇸🇲🇸🇲🇸🇲
Wow a $3,465.000 Commission man I need to start Auctioning cars.
$38m is NOT the issue - the humdinger is that this Ferrari cost about $4000 the year it was made. About half the price of a small house in a run of the mill neighbourhood. Something to think about.
mediastarguest a 1962 Ferrari 250 GTO was way more than $4,000. They sold for about $12,000-$15,000 new, BIG money in 1962. $4K couldve bought you a pair of Corvettes in '62
That could buy alot of Chevettes
LOL ! :-)))
Tolles Uddo. Unser Nachbar hatte auch so einen. Ist Ihm leider weggerostet.
Gee ... What do you think I could get for my Thunder Ranch Ferrari GTO Replica 240z ?
not a bad return on a car that probably sold for 6gs in '62 . In 1962 that was a crazy sum for a car.
Hank Ron , tiene UNO !!
my god this car must be the most expensive car ive seen sold at an auction!!!
ErasmusPrime239 no shit
This is the highest price ever fetched for a car right ?
zaphod2 yes
Car sold for $34,650,000 not $38,115,000 bad description for the title.
Sold for US$ 38,115,000 Including Commission, READ Info
I could live the rest of my life, retired, with the money this car sold for. I'm not hating though and congrats to the winner, buyer.
I read here..."waste of money".....LOL
Dammmnnnnson it’s a rarri ! 🔥💯
Values are what we think they are but you can't put a price on your own life.
I love my daily driver, a 1992 Volvo 240 I purchased for 450.00$
Who cares about the commission! We're talking about more than a state lotto winning
Wow.
Just think how many C8 Corvettes you could buy instead?
This is the car of God....
ruskor87 hahahahah
This is what i CAME for.....
I said "CAME"
THAT WAS COOL
31 million dollars!!! and then he says "ONLY" omg seriously??
Just throwing millions around like it’s nothing
Does it come in blue?
Yes there are blue ones
Damn! You could buy a fleet of Bugatti Verons!
Why would you buy a turd like that when you can buy an agera R for much less
Oh wait....youre a "brony" thats why...
damn. you could buy like 10,000 acura integras or honda civic hatchbacks
Sale price was $34.650,000, not $38,115,000.
Scott Sanford The buyer Paid $38,115,000 WITH Commission as info states, so he paid $38,115,00 for the machineThanks for watching, Read the details, when you sign the bill of sale the "Sale Price" is what is paid for the machine
i was going to bid 50 million but i did not get paid until the next day
No Ferris, you can't drive this.
its only money
Absolutely crazy to pay that for a car. These people have way too much money.
Waste of money?
I call this make money from money!
Sweet car though
That was a give a way price, when you look a canvas with some paint that goes for $150 million+ that hangs on a wall, these rich billionaires take these out and drive the piss out of them them as a Ferrari should be.😁👍🍀
I know I should have waited to sell. I only got 20 mil for mine
shelby 500 hahaha everyone believes u
Alot of money
So my 69 Firebird should be worth at least $10,000,000 then ?
To all the knocers the money will now pay all the people concerned. Money must circulate.
its $34,650,000.00
Read Description, INCLUDING COMMISSION
yes, but with a buyers fee of 10% which makes it come to $38,115,000.00 Most if not all auctions charge a 10% buyers fee.
I want to know who the people are that are bidding on this
fat cats who made millions out of our misery in the recession.
Lionel Messi
Sire, how is this a waste of money?? Were you expecting it to have a 'flux-capacitor' so that you could go back in time to buy rare and cheap classic cars in 1962??
People complaining about spending this kind of money when 'people are starving...' don't have any idea what they're talking about. It took someone making around 80 million to have the half (or less if he's French) the government allowed him to keep to spend on this car. The rest went to welfare and who knows what waste. Then he has to pay taxes on THIS purcahse. The car is an investment and when he sells it he'll AGAIN have to pay taxes that go back into the economy. Then, when he dies, the government (at least in the US) will take HALF of his wealth again (so the government essentially owns half of this car) and leave the rest to his estate of who knows how many kids, grandkids and perhaps endowments. Yeah, it's much better the guy never made any money so none of that could have happened. Or maybe he should have just held onto it and not brought it back into the economy. Idiots.
+David Shaw Wow what a shithole to live in where the goverment steals half of your wealth when you die.
+David Shaw Whine, whine, whine. Most of what you say is complete nonsense. "or less if he's French" is the first clue, as that comes out of the blue.
"The rest went to welfare and who knows what waste." Actually less than a half percent goes to welfare. What waste? Well, if you consider infrastructrure, sewage, power, clean water, schools, hospitals, police departments, fire departments, courts of law, teachers and everything that keeps a country running a "waste" then by all means try living without all that. They don't come for free you know.
There's also this small detail that the armed forces are financed by taxes, that and the expensive equipment they use. Is that a "waste" too or are you going to whine about a few percent going to alms for the often hard-working?
What you're saying is also bs because the wealthy in the US have lenient taxes compared to other developed nations. Fact is most of the taxes are payed by the 80%. If anything you should complain what *they* have to pay compared to what they get over to survive on. Prat.
Whoever told you that the government takes half of somebody's wealth either is a nutcase or a fool.
Now kindly get lost and don't ever show your ignorant face here ever again.
+David Shaw +TheIronDuke W. I was going to comment on the exact same line as you but, given you replied so well, I'll simply quote you and add, "Exactly!" Evangelical libertarians should go live in Somalia or some other stateless area if they want to know what pure freedom from gov't looks like after a time - it ain't the let's-shake-on-it club fantasy imagined. For Christ's sake - literally? - the libertarians cannot even shake hands among themselves given their own division between Jesus-Gun Nutters and Satanic-Sex Nutters. (The latter are definitely more fun to party with.) Hence the need for Mom to decide a few things for the kiddies:
>>The rest went to welfare and who knows what waste.
>Actually less than a half percent goes to welfare. What waste? Well, if you consider infrastructure, sewage, power, clean water, schools, hospitals, police departments, fire departments, courts of law, teachers and everything that keeps a country running a "waste" then by all means try living without all that. They don't come for free you know.
>>Then, when he dies, the government (at least in the US) will take HALF of his wealth again
Mr. Shaw and anyone in favor of meritocracy should perhaps want even MORE taxed and redistributed after the funeral. You don't want one of those nasty little "aristocracies" to develop over time do you? One where Little Trump is a walking definition of "dumba-- dbag" yet trumps whipsmart Little Mayweather only because some dead person (Big Trump) did so well for himself it would take generations to blow it all on coke or Swedish supercars.
However, at the same time as Mr. Shaw is unable to decipher the basics of how states operate because too busy masturbating to The Collective's secret inner circle photos of Alan Greenspan's initiation, when forced to perform cunnilingus on Ayn Rand - argh, just typing that made me severely queasy, as well as Rand's shockingly hirsute appearance in those photos -, those asking if a car is really worth $38 million, or using the price as a point against inequality, are equally preoccupied with partisanship (or perhaps preferentially preoccupied picking parsnips 5 times fast?)
What is the worth of anything? Easy: exactly what people are willing to pay for it, money being the universal medium of exchange. If not "worth it", then this car won't resell for that much again and the buyer foolishly overestimated it's worth. We'll see, but I doubt he did given they aren't creating any more and a revaluation of all values, powered by whatever will powers it, will not wipe away the horizon any time soon. (You see, I try to include lots of fun insider references for the poor but smart people. And irony.)
And as a demonstration of grotesque inequality, which I assume is the point of many: this has to be one of the more obscure, tangential and irrelevant events one could use in that argument. This isn't ostentatious living or decadent waste in the least; it's the exact opposite, it's entirely an investment, saving. He, or a group more likely, could equally have invested in a building, or the lies of Steve Jobs, or anything else, but classic cars have done extremely well as investments, hence the purchase.
However, if you ever see Ayn Rand out with a boy band, disheveled in a low-cut Dior cocktail dress pulled up over her waist, no underwear - oddly hirsute, isn't she? - then later smashing champagne glasses out the window of a GTO zigzagging down Broadway, OK, f- 'em. Hang the rich.
What? So, because the government are scum that lets this fuck off the hook?
I paid 200.00 dollars for mine but I can't drive it because it's a 1:12 version
😱🤣😷
I don't even know what I would do with $34 million
+Ben Bosley i wouldnt buy this car thats for sure
George Soros iwould, its one of thw biggest investments you can make in the world, it only goes up in price
Fucking absurd.
terrypussypower You don’t understand
b
Car is fanstastic.... but it makes no sense. It'a furniture, you can't drive it, too expensive.
uuuuuuuuuuuuuuuuuuaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
Most boring auctioneer ever lol
Hepek high-end auctions are like this, you wont see some motor mouthed Texan running a Bonhams auction. Almost everyone in that room is at least a multi-millionaire
Typical Brit stuffage.
Dr. Wierd so is mostly everyone at mecum or barrett jackson lol
$38 million.
$38 fucking million.
Are cars really worth this much? I mean REALLY WORTH this much? Or is this just the 1% of the world flexing their muscles?
My number one love in life is cars. I have a poster of a 62 250 GT SWB California on my wall. But I just can't seem to justify spending $38 million dollars on a 50 year old novelty when, for lack of a better cliche, people are starving in our _own_ country. Never mind the millions in others.
If i had this car i wouldnt even sell it for 40 million dollars, since small my passion is cars and these historic Ferrari gems are priceless IMO, You also got to keep in mind that these type of cars dont lose any value in fact it will only keep getting more and more valuable as the years go by especially Ferraris which are the very childhood dream brand, i can imagine a 275 GTB/C Speciale or a 250 GTO by the year of 2035 it will probably cost more than 40 million. With that said some of these people dont buy them to keep them when in fact they buy them to resell them later on and make more money on them its actually quite a way to make money.
Its pure love for car. Old ferraries are gorgeous and run beautifully . There not many of these left. If i had that kind of money ,i would buy the car without even thinking even at 50 mil.
Stig's Italian Cousin To an avg person like me and you I can see how its hard to see a car go for this much and justify it. You have to realized for people buying this car it comes down to 2 factors. There Passion for History in the Auto world which this car is pure bliss when it comes to history. The other that 38 Million is a drop in the bucket for them.
Its not about Flexing there muscle and showing off(well it might be a tad bit). Literally the value we see in objects is different from there's. These are the same people who buy $100 Million dollar yachts that they hardly ever go on. Personally I would say I would never sell a car like that but 38 Million is a lot of money.
Stig's Italian Cousin Ask the people around the world who've been getting killed for years for those so-called 1% to have all their toys, and don't be fool enough to believe politicians give a damn about spreading freedom around the world.
germslover666 Exactly how are people getting killed so they can have there toys? I know Liberals like to think EVERY millionaire or billionaire got there money from Oil but you might want to look up who buys these toys. Before you just claim someone died for this car, and also show how. I'm not going to deny there are fucked up people in this world who have invested money in conflicts that have resulted in lives lost. I just dont go around claiming everyone who has money is evil like you and people like you do.
Why would that car bring this price tag?..Ive been restoring cars since 1989. Been in the business well over 30 years and have never under stood why the early Ferraris bring rhese stupid numbwrs at auction? I helped restore a 1947 Cisitalia back int the 1990's and it was 1 of 149 produced and at the time in 1991 only valued at $185,000... Hand built by And I Ferrari and Pinina Farrina himself...Might be worth more these day but come on 38 million for one car???
Cute
"Fuck the poor," Mel Brooks.
waste of money
no (one) car is worth that .. don't see the point on spending that on a car that you hide from the world .. yes he is rich but you could have so much more then 1 car for that .. that's all
Cosmo guinness well, that's what he wants, it's his money.
Cosmo guinness I'm sure if he has the money for the Ferrari, he has more than one car.
WiseGuy02 so true
This is one of rarest cars In the world. If I had the money I'd have this and the 250 California.
What a waste of money
What a waste!!!
What ever happen to us humans ? buying this car doesn't feed people or gives them jobs ........this is america at its worst .
siempre bmw stfu, it's not your money