WhichCar
Powered by
  • WheelsWheels
  • MOTORMOTOR
  • 4X4 Australia4X4 Australia
  • Street MachineStreet Machine
  • Trade Unique CarsTrade Unique Cars

The world's most expensive car: $55 million Ferrari

By Wheels staff, 07 Oct 2013 Features

Ferrari, 250 GTO, rare, world's, most, expensive, car, sold, auction, America

The world’s economy might be in the toilet, but that hasn’t stopped the super-rich from dropping big bucks on shiny pieces of metal like this ultra-rare Ferrari 250 GTO.

The world’s economy might be in the toilet, but that hasn’t stopped the super-rich from dropping big bucks on shiny pieces of metal like this ultra-rare Ferrari 250 GTO.

Yep this 250, known as ‘chassis 5111’ has just sold for…$55.63 million ($52m US) in a private deal, easily making it the world’s most expensive car.

Sold by car collector Paul Pappalardo, the 250 GTO’s price tag is a staggering 49 percent higher than the previous most expensive car – another 250 GTO previously owned by Stirling Moss – which fetched $36.6 million in July.

But then again, Pappalardo’s 250 has got quite a history, having won the 1963 Tour de France. Add in the fact it’s one of just 33 Series 1 GTOs left in the world, and you can begin to understand the supersonic price tag.

But $55 million? That’s 30 LaFerrari hypercars. Or 1567 Holden Commodores.

Ouch.