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A 1962 Ferrari 250 GTO will go to auction in August, with an expected sale price around $45 million. Here's everything you need to know in order to buy and care for such a fine machine.

A 1963 Ferrari 250 GTO has been sold to Ferrari collector and WeatherTech CEO David MacNeil for a rumoured $70 million – a new world record for a classic car. The Ferrari in question, serial number 4153 GT, is one of the most celebrated of the 39 250 GTOs produced, due to its competition history and its originality – unusually for a race

CNN —. A 1962 Ferrari 250 GTO has sold for $51.705 million, becoming the most expensive car from the Italian manufacturer ever sold at auction. The record-breaking sale took place at

The auction's most expensive item might end up being this 1960 Ferrari 250 GT SWB Berlinetta Competizione by Scaglietti, which could top 10 million euros (nearly $12 million). courtesy RM

The Ferrari GTO brought $51.7 million with fees at Sotheby’s, reported to be the top price for a Ferrari at auction. Sotheby’s promoted the car as a luxury object, offering it in a stand-alone
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ferrari 250 gto auction price