Last year, a Ferrari 250 sold for $32 million . This price certainly sounds like a bargain, when compared to the price paid for a 1963 Ferrari 250 GTO racecar . Numerous reports indicate that an unknown man paid $52 million to get the car. There is no official confirmation on this, but according to Bloomberg, the price was confirmed by three specialist traders.
If this sale price is accurate, this easily trumps the $34,711,200 sale of a Ferrari 250 GTO that was once driven by Stirling Moss.
The car was once owned by the Greenwich, Connecticut-based collector, Paul Pappalardo, then by a Spanish collector. Pappalardo bought the car in 1974, paid a handsome fee to restore it and after that, it saw use in many historic races, including the 2002 Le Mans Classic. After that the car was sold.
When asked about this subject, Pappalardo said he has no comment, but it’s pretty clear that the Ferrari 250 is becoming a great collection.
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