This legendary car was the most sought-after in the world, let alone there are 36 models of cars that were produced between 1962 to 1964, according to the Daily Mail. Ferrari 250 GTO was bought by a collector from Connecticut Paul Pappalardo in 1974 and recently sold to a buyer whose name is not known. Antique sports car sale value is up 49% this year. In 2012, one of the apple green 250 GTO worth $ 35 million by the owner of Stirling Moss.
1962 Ferrari 250 GTO is in Ralph Lauren Car Collection
Substitution 250 GTO owners also make it as the most expensive sale in the UK. John Collins, chairman of classic Ferrari Talacrets community, says, "classic Ferrari makes more profit than others, this car like his Picasso automotive world." "The Ferrari 250 GTO is the golden boy of his age, everyone wants to have. Car is bought by those who have a high sense of love towards the car and see it as an investment. Models sold Pappalardo - chassis number 5111 - has been used in many races, one of them while driving Jean Guichet to win the race the Tour de France in 1963.
Ferrari 250 GTO using a 3-liter V12 engine that can produce 300 horsepower, acceleration from 0-96 km / h in 6.1 seconds and has a top speed of 280 km / h. Ferrari's official website says, "250 GTO is the best form of the series Ferrari 250 GTO. Car is no different when on the road or on the race track - probably the last car produced a dual function - and has become a legendary car."