2. Ferrari 250 GTO – $70,000,000 (£52,300,000)A vintage 1962 Ferrari sold for more than $50m at a New York auction, making it the second most expensive car ever to go under the hammer, says Sotheby's. The bright red GTO had belonged to an American collector for the past 38 years but was sold on Monday for $51.7 million after just a few minutes of bidding.Ferrari 330 LM / 250 GTO

NEW YORK – A 1962 Ferrari 330 LM / 250 GTO by Scaglietti, the coveted Italian coachbuilder, sold for US$51.7 million (S$70.2 million) at an RM Sotheby's auction on Monday in New York City.

What is the most expensive 250 GTO auction : 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 Sotheby's in New York on Monday as the car was offered publicly for the first time in 38 years.

Which is the no. 1 richest car

1. Rose Noire Droptail – AED 117.7 Million ($32 Million) The La Rose Noire Droptail (French for “The Black Rose”), a bespoke 2-seat roadster by Rolls Royce, is a symbol of opulence and intricate craftsmanship. The Droptail is the third car launched under Rolls Royce's Coachbuild program.

Why is the Ferrari 250 GTO so rare : FIA regulations in 1962 required at least one hundred examples of a car to be built in order for it to be homologated for Group 3 Grand Touring Car racing. Ferrari built only 36 250 GTOs (33 of the 1962-design Series I cars and three 1964-design Series II cars, with revised bodywork).

David MacNeil

Car broker Lukas Hüni was involved in the sale and the new owner is David MacNeil, CEO of car accessories company WeatherTech. According to sources with insight, the purchase price was 70 million dollars, at today's exchange rate 616 million kroner.

Piero Ferrari

10% of Ferrari was and continues to be owned by Piero Ferrari (son of Enzo).

Who owns the $70 million Ferrari

Car broker Lukas Hüni was involved in the sale and the new owner is David MacNeil, CEO of car accessories company WeatherTech. According to sources with insight, the purchase price was 70 million dollars, at today's exchange rate 616 million kroner.Besides its stunning beauty, the Ferrari 250 GTO is also known for its drivability, its forgiving handling, and its sheer love of the road. It's considered the most successful road/racing car Ferrari ever built, placing first in its class or winning overall in nearly 300 races worldwide.The 250 GTO was a homologation special built as the final evolution of Ferrari's 250 GT series of cars. Production ran for just two years starting from 1962, and just 36 examples were built during that time.

Besides its stunning beauty, the Ferrari 250 GTO is also known for its drivability, its forgiving handling, and its sheer love of the road. It's considered the most successful road/racing car Ferrari ever built, placing first in its class or winning overall in nearly 300 races worldwide.

Is there a billion dollar car : Is there a car worth $1 billion No, and with the most expensive car in the world being the Mercedes-Benz 300 SLR Uhlenhaut Coupé with a sale price of $142 million, we're far from a car hitting that mark.

What car is worth 70 million : Classic Bugatti models are likely to have fetched $30-40 million in private deals, but David MacNeil now holds the unofficial record for his $70 million Ferrari 250 GTO.

What is the rarest car

Here are six of the rarest cars in the world.

• McLaren F1 LM. The McLaren F1 LM is the fastest and most powerful McLaren ever made一and yes, it was built for the streets instead of the tracks.
• Lamborghini Veneno.
• Mercedes-Benz 300 SL “Gullwing”
• Ferrari Testarossa Spider.
• Bugatti La Voiture Noire.
• Ferrari 250 GTO.

36 Ferrari 250 GTO models

Altogether, only 36 Ferrari 250 GTO models were ever produced. Each model is currently accounted for, with notable owners over time including the likes of Ralph Lauren, jewelry heir Gianni Bulgari, and the WeatherTech founder and CEO David MacNeil who paid a reported $70 million for his 1963 Ferrari 250 GTO.Bezos also owns a car collection reportedly worth around $20 million. His collection includes several high-end vehicles such as a Cadillac Escalade, Land Rover Range Rover, Mercedes-Benz S450, Ferrari Pininfarina Sergio, W Motors' Lykan HyperSport, Bugatti Veyron Mansory and Koenigsegg CCXR Trevita.

Is a 250 GTO road legal : The V12 delivers a significant boost in performance, making the 250 GTO a street-legal racecar capable of hitting a top speed of 174 mph. Additionally, the engine is mounted longitudinally in the front of the car, offering excellent weight distribution and handling characteristics.