We thought that the biggest price that will ever be paid for a car is $52 million paid for a Ferrari 250 GTO in 2013. It looks like we were wrong. The ultimate classic Ferrari has just traded hands for a rumored $70 million, which if accurate makes the figure the highest known price ever paid for a car.
The buyer was none other than WeatherTech CEO David MacNeil, who already owns a number of notable classics and is an avid racer.
His son, Cooper Macneil, is also a racer and will pilot a Ferrari 488 GTE in the 2018 24 Hours of Le Mans.
There are some details on the 250 GTO’s sale that are released to the public. For example, FErari confirmed the $70 million price have been confirmed .
4153 GT also raced in the 1963 24 Hours of Le Mans
4153 GT also raced in the 1963 24 Hours of Le Mans, it was placed fourth overall. Despite two solid years of racing, the car never ended up in a crash, a rarity for the era.
The front-engined, V-12-powered 250 GTO is considered the Mona Lisa of classic cars. While there are cars that a rarer or have better racing pedigrees, the 250 GTO, just like the Leonardo da Vinci painting, has a special mystique about it. With just 39 ever built, don’t be surprised if $70 million doesn’t end up being the ceiling.
Note, Ferrari is considering cashing in on the crazy prices being paid for 250 GTOs. In March, Ferrari Chairman Sergio Marchionne said something like a 250 GTO continuation car was planned.