1962 Ferrari 250 GTO sells for US$51.7 million at Sotheby’s becoming second most expensive car

A 1962 Ferrari 250 GTO has been sold for a staggering US$51.7 million ( 18.6 million baht) at Sotheby’s in New York, making it the second most costly car ever auctioned.

The sleek red vehicle had been held by an American collector for the preceding 38 years. The record for the highest auction price is still held by a Mercedes 300 SLR Uhlenhaut Coupe, which fetched 135 million euros (US$144 million at current exchange rates) last year.

The Ferrari was sold yesterday, November 13 through a few minutes of energetic bidding. However, the final price did not reach the anticipated sum of over US$60 million as projected by RM Sotheby’s, the luxury car branch of the auction house. Sotheby’s has not disclosed the identity of the successful buyer.

The 1962 Ferrari 250 GTO is a historic vehicle in the motor racing world. Sporting a 4-litre engine capable…