Home / News / A 1962 ‘Prancing Horse’ is officially the world’s most expensive car

 

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A 1962 apple green Ferrari 250 GTO which was made for racing legend Stirling Moss has become the world’s most expensive car, selling in a private transaction for $35 million.

The distinctively colored Ferrari, one of 39 GTOs produced from the year 1962 to 1964, was listed amongst the high end sales at anamera.com, a website for classic car dealers. The car was sold by Dutch born businessman Eric Heerema, owner of the Nyetimber vineyard in Sussex, England. The buyer was a U.S. based classic car collector Craig McCaw.

James Cottingham, acquisition consultant for DK Engineering, a Ferrari dealer based in Hertfordshire, U.K stated that, the market is very active at the moment. A lot of new buyers are expanding their collections and the baby boomer generation of collectors has reached an age when they’re not using their cars as much as they used to, they just want to sell.

Two specialist traders independently confirmed the price at $35 million, officially making it the worlds most expensive transaction for a car.

 

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