In a record-breaking sale, RM Sotheby’s has auctioned off a 1962 Ferrari 330 LM/250 GTO for a staggering $51.7M, making it the most valuable Ferrari ever sold at auction. The sale also marks the second-highest price for any car at auction (though that first-place honor still belongs to the 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe that went for $142M in 2022).
The red racer’s pedigree is unmatched as the only GTO Tipo 1962 raced by Scuderia Ferrari, with a long history of impressive racing achievements. Having been under the delicate care of a Ferrari Club of America chairman for nearly 40 years, this pristine one-of-a-kind beauty was a must-have for some savvy collector with very deep pockets.