Ferrari 250 GTO Reportedly Sells for $80M to WeatherTech CEO

The car is one of the best 250 GTOs in existence according to experts

The 1963 Ferrari GTO - one of only 36 that were made by Ferrari - was sold in a private deal, according to Marcel Massini, the world's top collectible Ferrari expert.

A 1963 Ferrari described as the Holy Grail of cars has been sold for a record $70 million (£52 million).

David MacNeil, founder of the WeatherTech auto floor mat company, recently acquired the vehicle from German collector and avid vintage racer Christian Glaesel, sources told CNBC, who confirmed the sale via Marcel Massini, a renowned marque expert. The car's only competition on the market right now is itself, as one reportedly just sold for $80 million. It was based in Germany for years but shown and driven at events across the world. Back in 2014, a fetching 1962 example sold for an eye-watering $38 million.

One of just 39 ever built by Ferrari, chassis No. 4153 GT is a well-known 250 GTO and considered to be among the best of them, with notable longtime racing history and exceptional originality, having never been crashed during its competitive career. "It won the Tour de France, which is big tick, and was fourth overall at Le Mans, which was a mega result", he added.

Veteran collector auto expert, market watcher and appraiser Dave Kinney said he had heard about the Ferrari GTO sale and that the result was not unexpected, considering the upward trajectory of these cars.

Massini predicts that GTO prices will continue climbing, since the number of billionaire Ferrari collectors is growing but the number of top-quality GTO's remains constant - with very few willing sellers.



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