Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Ferrari Sells for $38-Million at Auction, Breaking World Record
The Globe and Mail ^

Posted on 08/17/2014 12:29:57 PM PDT by nickcarraway

A red 1962 Ferrari 250 GTO Berlinetta, which was once involved in a fatal accident, has set the world record for a car sold at auction, going for $38.1 million at a sale in California, auction house Bonhams said.

The price offered on Thursday by a bidder whose identity was not disclosed surpassed the $30 million (all figures U.S.) paid last year for a 1954 Mercedes Benz W196 race car, also sold by Bonhams, the auctioneers said in a press release.

“We’ve always maintained that we would exceed the current world record and that the car would bring between $30-$40-million and today the GTO did just that,” Robert Brooks, chairman of Bonhams, said in a statement.

(Excerpt) Read more at theglobeandmail.com ...


TOPICS: Business/Economy; Hobbies; Weird Stuff
KEYWORDS:
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-77 last
To: HANG THE EXPENSE

No, I’ll have to check that out. Sounds beautiful.


61 posted on 08/17/2014 4:00:49 PM PDT by CrazyIvan (I lost my phased plasma rifle in a tragic hovercraft accident.)
[ Post Reply | Private Reply | To 52 | View Replies]

To: AnAmericanInEngland

I understand Ferrari mandates some repairs be done only at the factory. Any idea of the rate?


62 posted on 08/17/2014 4:08:59 PM PDT by W. (LBJ, edited: 'I'll have 'em riotin', lootin' and votin' dem0crat for the next 100 years!--Sarc?)
[ Post Reply | Private Reply | To 58 | View Replies]

To: Paladin2

Many, many years ago I saw a listing of a GT-40 (or two) for sale. Some guy bought it and made it street legal. He even had to reinforce the body/fenders to make it hold up. It was very expensive, IIRC.


63 posted on 08/17/2014 4:14:04 PM PDT by USMCPOP (Father of LCpl. Karl Linn, KIA 1/26/2005 Al Haqlaniyah, Iraq)
[ Post Reply | Private Reply | To 37 | View Replies]

To: dfwgator

“Parts is parts.”

What was that old commercial? Kind of like “Where’s the beef?”


64 posted on 08/17/2014 4:16:15 PM PDT by USMCPOP (Father of LCpl. Karl Linn, KIA 1/26/2005 Al Haqlaniyah, Iraq)
[ Post Reply | Private Reply | To 44 | View Replies]

To: USMCPOP
"It was very expensive, IIRC."

Ferraris too, especially when it came to parts and labor rates. I passed at the time.

65 posted on 08/17/2014 4:18:02 PM PDT by Paladin2
[ Post Reply | Private Reply | To 63 | View Replies]

To: HANG THE EXPENSE

66 posted on 08/17/2014 4:22:13 PM PDT by Paladin2
[ Post Reply | Private Reply | To 54 | View Replies]

To: doorgunner69

me too you prolly knew my older sister a yes titos was the place owjh yup went there too


67 posted on 08/17/2014 5:16:42 PM PDT by al baby (Hi MomÂ…)
[ Post Reply | Private Reply | To 59 | View Replies]

To: Paladin2
I always wanted a GT40 with the head clearance bump. Bad to use for a commute to the East in the morning and to the West in the evening though.

Tough to crawl out of that car in a normal parking space, though, with the way the doors wrap into the roof. My dream garage would still have one, though - right next to a Cobra Daytona Coupe and a Lamborghini Miura.

68 posted on 08/17/2014 5:30:55 PM PDT by Charles Martel (Endeavor to persevere...)
[ Post Reply | Private Reply | To 37 | View Replies]

To: Charles Martel
"right next to a Cobra Daytona Coupe and a Lamborghini Miura. "

We are apparently contemporaries....

69 posted on 08/17/2014 5:34:57 PM PDT by Paladin2
[ Post Reply | Private Reply | To 68 | View Replies]

To: doorgunner69

I started working for FoMoCo in 1973.

Out at Livernois Engineering (who were supplying “Garage Services”) there were a number of GT40s hanging out in the corners.

At the (Engine) Dynamometer Lab lobby were a couple of DOHC LeMan engines on display stands.

Emission controls were the order of the day for my times there (A 2.3L engine, auto trans and axle were occupying the LeMan durability cell - one dyno for each end of the axle) and so the great feats of the past were but (recent) legend....


70 posted on 08/17/2014 6:05:54 PM PDT by Paladin2
[ Post Reply | Private Reply | To 50 | View Replies]

To: TigerClaws

I have a Carpenters’ Album with Karen and her brother sitting in her GTO.


71 posted on 08/17/2014 6:30:16 PM PDT by JaguarXKE (1973: Reporters investigate All the President's Men. 2013: Reporters ARE all the President's men d)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Paladin2

AINT THAT BEAUTIFUL.


72 posted on 08/17/2014 6:45:01 PM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
[ Post Reply | Private Reply | To 66 | View Replies]

To: CrazyIvan

I think they are out of North Carolina and they maybe from South Africa.You wont be disappointed.


73 posted on 08/17/2014 6:46:37 PM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
[ Post Reply | Private Reply | To 61 | View Replies]

To: HANG THE EXPENSE
I was only able to afford a GT40 slotcar.

Today I'd spend my money on a highly capable winter street ride.

74 posted on 08/17/2014 7:26:18 PM PDT by Paladin2
[ Post Reply | Private Reply | To 72 | View Replies]

To: USMCPOP

Nah. (grin)


75 posted on 08/18/2014 6:09:01 AM PDT by headstamp 2
[ Post Reply | Private Reply | To 34 | View Replies]

To: doorgunner69

“I worked at Hughs Aircraft for a bit in 1969-72. Very close by was TRACOR, engine builder for many Can-Am teams. We often could hear them dyno testing at night. What a sound.”

Can-Am, those were the days. Nothing like a constructive work environment. (grin)


76 posted on 08/18/2014 6:13:21 AM PDT by headstamp 2
[ Post Reply | Private Reply | To 48 | View Replies]

To: Paladin2

I’ll take one of those and a Porsche 917K.

Saw one in metallic blue (917K) at the NY Auto Show in 1971 when I was 9 years old. I looked at it for what seemed like an eternity. Even Craig Breedlove’s Blue Flame rocket car couldn’t get my attention. LOL

Well, I did just see the movie “Lemans” at the time.


77 posted on 08/18/2014 6:26:52 AM PDT by headstamp 2
[ Post Reply | Private Reply | To 66 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-77 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson