News

1962 GTO sells for $35 Million

Discussion in 'Vintage Ferrari Market' started by Gran Drewismo, Jun 1, 2012.

  1. Gran Drewismo

    Gran Drewismo F1 Rookie

    Jan 24, 2005
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    Hope not a repost:

    http://jalopnik.com/5915005/this-35-million-ferrari-is-the-most-expensive-car-ever

     
  2. VIZSLA

    VIZSLA Four Time F1 World Champ
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    Jan 11, 2008
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    Interesting times.


    Imagine what it would have fetched if painted red ;)
     
  3. amenasce

    amenasce Two Time F1 World Champ
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    So if you bought it at $20M a few of years ago, you would still have made a ton of $$..Incredible.
     
  4. GTE

    GTE F1 Veteran

    Jun 24, 2004
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    Marnix
    surely 3505GT is not apple green. I'd say mint green at best! ;)
     
  5. Doctor7474

    Doctor7474 Formula Junior

    Jun 20, 2010
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    Ok interesting question being raised in the comments in the Jalopnik article bout this sale.

    What's the highest valued car of all time no matter if for sell or not?

    Count Trossi? Laurens Black Type 57 Atlantic? The blue Atlantic that sold year before
    last?

    Was wondering what others thought?
     
  6. ApexOversteer

    ApexOversteer F1 Veteran

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    1907 Rolls Royce 40/50 #60551 "The Silver Ghost" would be my bet...
     
  7. Doctor7474

    Doctor7474 Formula Junior

    Jun 20, 2010
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    Yea I forgot about that one...
     
  8. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
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    But the story is not just about one car :

    A Ferrari 250 GTO bought by U.K. television and radio host Chris Evans for about $18 million in 2010 has been sold for a million-dollar price “in the high 20s,” dealers said.

    “I’ve heard of eight Ferraris selling for a total of $135 million during the last eight weeks,” John Collins of the Ascot-based dealership Talacrest Ltd. said in an interview.
    Collins was directly involved in five of these high-end sales.

    And the Jon Hunt car not long ago
     
  9. CMY

    CMY F1 Veteran

    Oct 15, 2004
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    Jim has mentioned something about being offered a ridiculous amount for P 4/5.. at least on par with what this GTO sold for, if not more.

    I think the Silver Ghost is just a branding/PR tool for RR, and is worth more in that capacity than it is crossing an auction block (which will probably never, ever happen).
     
  10. greg 19425

    greg 19425 Formula 3

    Jan 6, 2011
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    The Doctor asked, "What's the highest valued car of all time no matter if for sell or not?

    I think that a few Bugatti Type 41's (Royale) sold in the eighties for BIG money, something like $15. Remember there are only six, and one chassis.
     
  11. coulthardsfriend

    Aug 13, 2007
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    Nick L.
    I thought the Bugatti Royale was
     
  12. wax

    wax Four Time F1 World Champ
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    I still recall that from my ooooooold Guinness BOWW. Nice thread elsewhere here about the Royales.
     
  13. Il Vecchio

    Il Vecchio F1 Rookie

    Dec 27, 2007
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    One would need to adjust 1986 (?) dollars to 2012 dollars, but I believe that you are correct.
     
  14. Il Vecchio

    Il Vecchio F1 Rookie

    Dec 27, 2007
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    Only six, period.
     
  15. VIZSLA

    VIZSLA Four Time F1 World Champ
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    The Esders Royale has been recreated at the Schlumpf Museum in France.
    That maybe what's being referred to.
     
  16. DAYTONASME

    DAYTONASME Formula Junior

    Jan 12, 2007
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    DAYTONASME
  17. DriveAfterDark

    DriveAfterDark F1 Veteran

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    #17 DriveAfterDark, Jun 1, 2012
    Last edited: Jun 1, 2012
    Nevermind
     
  18. VIZSLA

    VIZSLA Four Time F1 World Champ
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    Inflation is an in exact measure. It's dependent on the rate of a given currency.
     
  19. greg 19425

    greg 19425 Formula 3

    Jan 6, 2011
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    I remember going to visit the Briggs Cunningham museum and talking with John Burgess. John spent an hour or so showing me the Royale (41.1411) and a Bugatti rolling chassis. I assume that someone knows better than I do about this chassis and what happened toooo it when the collection was sold?
     
  20. mikecrml

    mikecrml Rookie

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    #20 mikecrml, Jun 1, 2012
    Last edited by a moderator: Sep 7, 2017
    We showed the Green GTO at Pebble Beach last year and had a lot of fun. Eric Herrema is a great guy with some amazing cars. You will see him at Pebble Beach in 2013 with another. Enjoy the pics. There is some great in- car video on our Facebook page- McCall Motorsports- Monterey Vintage Motorsports
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  21. mikecrml

    mikecrml Rookie

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    #21 mikecrml, Jun 1, 2012
    Last edited by a moderator: Sep 7, 2017
  22. Cris

    Cris Karting

    Jul 27, 2004
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    Vermont
    Mike, great photos. Is that Leonidis in the foreground?

    Cris
     
  23. Tenney

    Tenney F1 Rookie
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    Feb 21, 2001
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    Cool Cheetah, too.
     
  24. margarita

    margarita Formula 3

    Mar 20, 2011
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    very nice love that car
     
  25. S Brake

    S Brake F1 World Champ

    Aug 3, 2006
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    Chris Evans sold his already?
     

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