Filed under: Classics , Coupe , Performance , Auctions , Ferrari , Racing It’s not every day that a Ferrari 250 GTO changes hands. It is, after all, one of the most highly coveted cars ever made, and there were only 39 of them built in the first place. So when one goes up for sale, it tends to fetch millions.

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Ferrari 250 GTO heading to The Quail with no reserve

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