Filed under: Car Buying , Motorsports , Classics , Coupe , Performance , Ferrari , Racing Records are made to be broken, and it seems that one may have just been snapped again. An Italian website is reporting that a Ferrari 250 GTO , owned by American collector Paul Pappalardo, recently sold for $52 million . Now, this is far from confirmed – Pappalardo responded to questions about the sale saying, “I do not confirm these things, I have no comment about!” – and if it’s a private sale, it’s unlikely that we’ll ever know the exact amount of the transaction

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Ferrari 250 GTO may have set new sale record at $52M