Car News 24 Feb 2016

Ferrari 250 GTO becomes the world’s most expensive car ever sold in the UK

Having enjoyed an illustrious racing career, a classic Ferrari has changed hands for £20.2 million, making it the UK’s most expensive car sale. The rare Ferrari 250 GTO, one of only 39 to be built between 1962 and 1964, had a 6,000 price tag when it was manufactured in 1963.

The sports car, number 5095, is understood to have been sold by British businessman Jon Hunt who bought the car for what was then a world-record at £15.7million in 2008. The GTO is now thought to be on its way to Spain.

Chairman of classic Ferrari specialist Talacrest, John Collins, confirmed the sale but declined to say whether Mr Hunt did actually own the GTO.

Finishing second, the GTO made its motorsport debut in the 1963 at the Tour de France road race, driven by Carlo Maria Abate and Lucien Bianchi. It then went on to win three competitions the following year; the Rallye du Limousin, the Rallye de Picardie and Les Andelys hillclimb.

The 250 GTO was fitted with a 3.0 litre V12 engine, and had a 0-60mph time of around 6.1 seconds and a top speed of 174mph.

The GTO is the second most expensive car ever sold in the world after a 1936 Bugatti Type 57SC was sold ‘between £20 and £26million’ in 2010.

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