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A legendary Ferrari is set to become the world’s most expensive car after being offered for sale by a UK-based Ferrari specialist for £45 million (A$75 million).
High-end classic Ferrari broker Talacrest has listed the 1962 Ferrari 250 GTO, which was the second of just 36 to roll off the production line.
It was used by Ferrari for testing and developing the 250 GTO series before being sold to the North American Racing Team.
In 1969 it was sold for US$5400 and flipped for $11,000 and again changed hands in 1975 when it was bought by a Mr Steve Griswold for $13,000 who restored it and later sold it $125,000 in 1978.
Since then it has been an international Concours star and was recently on display in a museum.
“I’ve been looking for a 250 GTO for a while and the opportunity came up with this one, which is the second GTO built,” said Collins.
“After the US election, people are going to be looking at investing in assets and this is a lot better than a painting on the wall,” Collins added.
In 2013 a 250, known as ‘chassis 5111’ and once owned by Stirling Moss sold for around A$55 million in a private deal, while a 1963 250 GTO was sold by Bonhams during 2014 Monterey Car Week for around A$50 million.
