Ferrari Auctioned for Almost $35 Million

A 1962 Ferrari 250 GTO was recently hammered at $34.65 million at auction, the highest price ever paid for a car by auction. The sale was held by the Bonhams Auction House during the Pebble Beach Concourse d'Elegance. Only 39 Ferrari GTOs were ever produced.

This car won the Tour de France in 1962, but involved in a fatal crash at that time. After it was fixed up, it was raced in many other events, and eventually ended up in a museum.

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