Classic Ferrari now the world\'s most expensive car

Cars Crazy

Cars Crazy

2015-07-06 12:04:42

A classic Ferrari 250 GTO is reported to have been sold for $52 million, making it the world's most expensive car. Bloomberg News states that the 1963 250 GTO race car was purchased last month from its previous owner, Paul Pappalardo. The identity of the new owner, who bought the car in a private transaction, is not yet known, says Bloomberg, which reports that the sale and price of the car were disclosed to it by three independent specialist traders.
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