Ferrari 250 GTO sells for N27 billion becomes the most expensive car has ever been sold worldwide

06/08/2018

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The Ferarri 250 GTO costs its owner up to £52million (~N27b), setting a new record of a price for a car.

The 1963 Ferrari 250 GTO, the one used to win the Tour de France 1964, has just found its new home and cost its owner up to $70m (~N27b), setting a new record of a price for a car.

As Marcel Massini, a Ferrari historian, the car is considered to be one of 4 best GTOs on earth. He added it now comes to hands of an American tycoon. Beside, Massini believes it will soon be worth $100m (~N36b) in 5 coming years.

angular front of the Ferrari 250 GTO

The Ferrari 250 GTO is nicely called the Picasso of the auto world​

From the point of view of James Cottingham, a specialist at DK Engineering that restored the car in the 1990s, this Ferrari 250 GTO is obviously one of the best GTOs for its history and originality with no accidents recorded.

The Ferrari 250 GTO is nicely called the Picasso of the auto world and has conquered various road challenges from long-haul road rallies, track races, and hill climbs.

1964 was the most memorable milestones of the GTO when Ecurie Francorchamps and his teammates crown the Tour de France.

Ferrari 250 GTO in tour de france

Ecurie Francorchamps and his teammates crown the Tour de France in GTOs

Video: £50MILLION Ferrari 250 GTO - World's Most Expensive Car

The Ferrari 250 GTO takes the 3L V12 engine that puts out over 300 HP and is able to accelerate from rest to 60 mph in 6.1s and reach a top speed of over 174 mph.

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