World’s Most Expensive Car: 1962 Ferrari 250 GTO Sold For $35 Million

By on Jun 3, 2012 in Amazing, Automobile Comments

A 1962 Ferrari 250 GTO built specifically for Stirling Moss has been sold for $35 million, making it the most expensive car in the world.

1962 Ferrari 250 GTO
A 1962 Ferrari 250 GTO
Credit: Talacrest Limited via Bloomberg

According to a Bloomberg report published online on June 2, 2012, the car was sold in a private transaction last month by the Dutch-born businessman Eric Heerema to car collector Craig McCaw. McCaw was a co-founder of McCaw Cellular which was acquired by AT&T for $11.5 billion in 1993. The transaction and price were independently confirmed by two specialist traders to Bloomberg News.

The apple-green Ferrari car is listed among May’s high-end sales at, a website for classic car dealers. The car was acquired by Heerema for about $8.5 million about 10 years ago from Japanese collector Yoshiho Matsuda.

The new sales record beat the $30 million to $34 million paid for a 1936 Type 57SC Bugatti Atlantic in 2010 by Peter Mullin, owner of the Mullin Automotive Museum in Los Angeles, reports said.

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