A 1962 Ferrari 250 GTO sold for $48.4 million at RM Sotheby's annual Monterey collector car sale -- a world record for any car ever sold at auction.

Ferrari seems to have a monopoly on the world's most expensive cars. A 1963 Ferrari 250 GTO took that title last year with a $52 million sticker price.Yet it could be on the verge of being usurped ...

According to media reports, in February 2012, a 1964 Ferrari 250 GTO became the most expensive car ever sold, fetching $32 million. Then, just a few months later, a 1962 GTO sold for $35 million.

1962 Ferrari 250 GTO Becomes Most Expensive Car Ever Sold at Auction. Eric Weiner Writer Aug 15, 2014. See All 28 Photos.

A 1963 Ferrari 250 GTO racer has become the world's most expensive car, selling for $52 million. The red competition car, formerly owned by the Greenwich, Connecticut-based collector Paul ...

The Ferrari 250 GTO, perhaps the bluest of blue-chip collector cars, has never exactly been underappreciated. Only 33 were been produced in this desirable body style (a handful of variants ...

The Ferrari 250 GTO, introduced in 1962, was crafted for racing dominance and is now regarded as the world's most valuable car. Out of a total of 36 produced, its elegant design and engineering ...

ALBAWABA - The "Ferrari 250 GTO" from 1962 has become the second most expensive car ever sold at auctions worldwide. It was successfully auctioned in New York for a staggering $51.7 million ...

A 1962 Ferrari 250 GTO became the second-most expensive car ever sold at auction on Monday, fetching $50,705,000 (roughly €47,500,000) at Sotheby's in New York. The classic scarlet chassis, formerly a ...

The sale not only beat the previous auction record for a Ferrari 250 GTO — another model sold for $38.115 million in 2013 — it also became the most expensive car ever sold at an auction.

Stephen Edelstein July 29, 2014 Comment Now! Ferrari seems to have a monopoly on the world's most expensive cars. A 1963 Ferrari 250 GTO took that title last year with a $52 million sticker price.