Ferrari has long been acknowledged by many people as a symbol of luxury, wealth, and blazing speed. Ever since Enzo Ferrari founded this Italian car manufacturing company back in 1939, Ferrari has produced a lot of vehicles that became dream cars for many people all over the world. With the introduction of their luxurious rod based cars, the appreciation for Ferrari vehicles increased even more. The hit and appreciation that the Ferrari cars has earned; made the company the most powerful brand in 2014 by Brand Finance and one of the undisputed names in the automobile industry.
It’s no surprise that the value of Ferrari cars has increased tremendously, and Ferrari’s classic cars are getting more valuable. They’ve become so expensive that only the richest people in the world can afford them. Below is a list of the most expensive Ferraris at auction.
$52,000,000 – 1962 Ferrari 250 GTO
As the most expensive car in the world, this 1962 Ferrari 250 GTO was sold by Connecticut-based collector Paul Pappalardo to unnamed buyer for a record $52 million in 2013. Equipped with a 3.0 L Tipo 168 Comp/62 V12 engine, the car can produce 302 bhp and 249Nm of torque. The car reaches a top speed of 174 mph and goes 0-60 mph in 6.1 seconds. It may not be the fastest car out there, but it is certainly the most valuable car in the world.