In what seems a never-ending escalation of sales prices--despite the global economy--another Ferrari 250 GTO has claimed the title of world's most expensive car. This time, it's a 1963 250 GTO Ferrari 250 GTO - $38,115,000 (£30,750,300) It will come as little surprise to many that three of the four most expensive cars sold at auction to date are Ferrari 250 GTOs, although this example The Ferrari 250 GTO went on sale on Monday after a few minutes of bidding in the auction room, but at a price lower than the expected $60 million. The bright red roadster had been the property of Ferrari 250 GTOs already held the record for the highest prices paid for any car, with a private sale last year reaching well above $50 million. In August 2014, the highest price ever paid at a collector car auction was recorded by a 1963 example that went for more than $38 million at a Bonhams sale held at the Quail Lodge during Monterey Car Week. A 1962 Ferrari 250 GTO became the second-most expensive car ever sold at auction on Monday, fetching $50,705,000 (roughly €47,500,000) at Sotheby’s in New York. The classic scarlet chassis, formerly a Ferrari works racer but later refitted for road use, had been the property of an American collector for the past 38 years. 1985 Ferrari 288 GTO. Broad Arrow. Broad Arrow Auctions, lot 121. Contrary to recent Montereys, this year’s catalog is surprisingly light on analog supercars, with “only” three F40s and a lone F50 up for grabs—a surprising outcome given that segment’s meteoric rise in recent years. Also on the block is Broad Arrow’s 1985 288 GTO The red 1963 Ferrari 250 GTO that sold for $52 million in 2013 was raced by Jo Schlesser in 1960. Before being sold in 2013, it was owned by Paul Pappalardo, who reportedly restored it and raced it in a number of heritage race series. In 2018, another Ferrari 250 GTO in silver blue became the most expensive vehicle ever sold at $70.2 million. A rare, bright-red Ferrari 250 GTO that initially sold for $6,000 in 1964 is soon going on auction for $60 million. RM Sotheby's has put up a 1962 Ferrari 250 GTO for auction for With a $70 million-plus sale price, this Ferrari 250 GTO is (probably) the most expensive car in the world roughly double the $38.1 million another Ferrari 250 GTO achieved at auction in 2014. The auction's most expensive item might end up being this 1960 Ferrari 250 GT SWB Berlinetta Competizione by Scaglietti, which could top 10 million euros (nearly $12 million). courtesy RM iH84KpU.