M2 Magazine
Home iPad Subscribe M2 Magazine Opinion Make this your Home page
Categories
Subscribe to M2 Magazine http://www.m2magazine.co.nz
Subscribe and receive the History of The Eagles
An intimate look into the history of the band and the legacy of its music, the Eagles partnered with Academy Award-winning film maker Alex Gibney (Taxi to the Dark Side) to produce the film. Directed by Alison Ellwood (Magic Trip: Ken Kesey's Search for a Kool Place),...
KEEP READING 
VIEW SIMILAR 
LEADERSHIP QUOTE OF THE DAY (19 May 2013): If your actions inspire others to dream more, learn more, do more and become more, you are a leader. - John Quincy Adams
Sign up for the free M2 Emailer

CARS & GADGETS

Brought to you by LEXUS
CARS & GADGETS

$35 Million Ferrari

$35 Million Ferrari image
Click to enlarge

Heerema, a Dutch-born business mogul now living in southern England, sold his 1962 Ferrari 250 GTO to Craig McCaw, a US-based car collector, for the reported sum of $35,000,000.

McCaw certainly had the cash, selling McCaw Cellular to AT&T in 1993 for a whopping $11.5 billion, according to Bloomberg. This is just the latest in a string of high-dollar Ferrari sales that have taken place in 2012, but little is known about the other multimillion-dollar Fezzas that have changed hands in the past few years.

1962 Ferrari 250 GTO
McCaw's new ride is one of only 39 250 GTOs ever produced between 1962 and 1964, and its heritage is even more exclusive than its VIN or price tag.

This 250 was designed to competed in the 24 Hours of LeMans and was built for none other than Sir Stirling Moss. The odd hue was in line with Moss' period racing livery, but he never had the chance to turn the 250's wheels in anger after his massive shunt in 1962 that ended his career. Thankfully, the GTO did serve its intended purpose just once, driven by Innes Ireland at the 1962 LeMans before it was promptly retired.

As you'd expect, the 250 GTO takes several of the top sales spots, including a 1963 model (numbered 5095) that was reportedly sold this past January to an undisclosed buyer for somewhere in the neighborhood of $30 to $32 million.

UK radio personality Chris Evans has also reportedly sold his 250 after purchasing the 1963 model in 2010 for $18,000,000. The exact sum Evans' GTO sold for is unknown, but dealers estimate something in the high $20 million range.



Share Click to share this article on Twitter
CARS & GADGETS
Romance In A Phone
CARS & GADGETS
Romance In A Phone
This crystal encrusted phone is not just for the lovers...
Keep reading : Romance In A Phone View similar
The Mazda2
CARS & GADGETS
The Mazda2
Great style always seems effortless, but a lot of work goes into looking good...
Keep reading : The Mazda2 View similar