30 Million Dollar Ferrari

[fg1227]

I have it by an extremely reliable source that a ferrari 250 GTO just sold for 30,000,000;please don't ask me any questions,I will not answer them

so much for the doom sayers

[neilk]

What are the odds that it was sold to a Russian? When you spend $750 million on a villa, what's $30 million?

[Flat Six, inc.]

If you ask me China, Russia and India are going to drive it all from now on.

[Soterik]

I have it by an extremely reliable source that a ferrari 250 GTO just sold for 30,000,000;please don't ask me any questions,I will not answer them

so much for the doom sayers

I heard the same thing yesterday..... that's pretty rare air up there...

[SandyI]

Indian, Russian, Chinese or American -- it's always a good time to be a card carrying member of the Super Rich. This sale makes the guy who paid $10M for Coburn's Ferrari seem like a bargain-hunter.

[kenikh]

Big money buyers will always be able to spend big money. External economics have no sway. If you someone has that kind of money and wants something badly enough, you get sales like these. IMHO, sales like these (ultra rare race cars/huge money) are so far out of the norm that taking a reliable temperature of the vintage sports car market is pretty big stretch.

[fg1227]

the auctions at monterey had sales of 129 million!! if I 'm not mistaken

[Soterik]

Monterey was good to the sellers of open 356's, either soft top, or sunroof:

62 Roadster (twin grille), $170K
58 Speedster non match engine, $170K
55 Pre A Speedster, non engine match, $167.5
58 Speedster, #'s match, silver/red, $258.5 (not a 4 cam car....)
60 Roadster, Rudge wheels, $170.5
65 SC Cab, $143K
65 S/R coupe, $139K
58 A rally look Coupe, also S/R, $130K

68 912 Softie, $35K
68 S, discussed here earlier, $86K

[NV Stig]

Good on him if he sold it for that price, but I'm skeptical. The boss has the 48 Barchetta that took Le Mans that year, and thinks it's worth half that with its pedigree. He'll never unload it, but enjoys the speculation on the value.

[Mark Morrissey]

That would be the car to get there. I wonder if Nick Mason still has his GTO?