A 1962 Ferrari by Scaglietti, the prestigious Italian coachbuilder, was sold for $51.7 million at a Sotheby’s auction in New York City, becoming the most expensive Ferrari ever sold at auction.
The sale of the 330 LM / 250 GTO also marked it as the most expensive classic car sold publicly worldwide this year.
The car, previously owned by collector Jim Jaeger, had a final hammer fall of $47 million, with a buyer’s premium of 10% bringing the total to $51.7 million. Despite the record, the final sale price was lower than the expected “in excess” of $60 million.
The Ferrari holds a special place in history as the only GTO example originally equipped with a 4-litre engine and raced by Scuderia Ferrari in 1962, earning class and overall wins. The car sold in less than 20 minutes and started at $34 million, with bidding primarily from phone bidders.
