1963 Ferrari 250 GTO: The Most Expensive Car in the World

1963 Ferrari 250 GTO

A 1963 Ferrari 250 GTO has been sold for $70 million dollars in a record breaking auction. Many consider the 1963 Ferrari 250 GTO to be a sort of “holy grail” among hyper cars. It features era defining aesthetics and once set a high bar for performance. It should come as no surprise that the Ferrari GTO once one the Tour de France.

Still, $70 million is an extremely high price tag for any car. So who forked over the cash for this classic beauty? That’d be David MacNeil, the founder of WeatherTech, which produces all-weather floor mats that are highly popular in garages. MacNeil is also known for being an avid car collector and is highly regarded in the hypercar collector community.

1963 Ferrari 250 GTO

That’s important to note because the 1963 Ferrari 250 GTO is often likened to art work. Many consider it to be the auto equivalent of a Picasso or Da Vinci painting. Other famous GTO owners include Ralph Lauren, Pink Floyd drummer, and Lord Anthony Bamford. In total, there are only 36 versions of this car, making it one of the rarest models on Earth.

By today’s hypercar standards, the 1963 Ferrari 250 GTO is a bit of a slow poke. It can hit 60 miles in less than 6 seconds, but a modern Ferrari would leave it in the dust. The top speed of 174 miles per hour isn’t too shabby even today but there are many faster cars. Yet when it comes to the Ferrari 250 GTO, none of that matters. Art is art.

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1963 Ferrari 250 GTO