Ther's been confusion on
who's involved, but the price is an all-time record
A Ferrari 2506GT0 is
reported to have sold for $52 million, the highest known price paid for a
historic car.
Athough the reaction
was that the report was incorrect or exaggerated, it does now seem as though
the figure is reasonably accurate, even though the vendor had been named
incorrectly by some sources. In fact, the car was sold by an anonymous Spanish
collector, who is thought to have bought it in 2008 from its previous tong-term
owner Paul Pappatardo of Greenwich, Connecticut. He bought the GTO, chassis
number 5111GT, in 1974 and had it restored soon after. He went on to use it
regularly in historic racing and tours.
From new, 5111GT was
campaigned by gentleman racer Jean Guichet, who raced as a privateer and as a
Ferrari works driver, winning the 1964 Le Mans in a later-specification GTO. In
5111GT Guichet won the 1963 Tour de France and the 1964 and '65 runnings of the
Ratlye Neige et Glace.
The car was later owned by,
among others, Road & Track journalist Henry Manney III.
The previous highest known
prices for GTOs were the $35,000 paid for the ex-Stirling Moss car and the
£20.2- million car sold by Foxtons estate agent founder Jon Hunt, both in 2012.
Although record prices
always set alarm bells ringing, there's no sign of the demand stowing down for
the 250GTO, of which just 36 were built between 1962 and '64.
There comes a point when somebody has too much money, and these people have clearly passed it.
ReplyDeleteI love cars yet in my book people come first so too spend that much on a car is obscene.
ReplyDeleteAgain, un-Constitutional to prosecute one for NOT engaging in commerce.
ReplyDeleteEven iff you pay an independent mechanic to inspect the car and then decide not tto buy it, you should not consider it
a waste of money. To help prevent dangerous and inconvenient tyre failure, examine tyres for uneven or excessive tread wear.
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ReplyDelete