Red Ferrari Coupe Sells for Auction Record $38.1 Million
Aug 17, 2014
534
by Meghan Morris
A Ferrari 250 GTO Berlinetta sold for $38.1 million in California, setting a record for a car sold at auction globally.
The 1962 red two-seat coupe was estimated to sell for $30 million to $40 million at yesterday's Bonhams auction in Carmel. Before the sale, Robert Brooks, Bonhams chairman, had expected the price to surpass the record for a car sold at any auction -- $29.7 million for a 1954 Mercedes-Benz W196R Formula 1 racing car sold by Bonhams in 2013.
Source: http://www.businessweek.com/
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