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Full Auction of the $48M 1962 Ferrari 250 GTO (Monterey Car Week) 

Society of Supercars
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Watch the full auction portion of the 1962 Ferrari 250 GTO held by RM Sotheby's at the Monterey Conference Center.
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FINAL total purchase price: $44 Million bid price + $4.4 Million auction fees = $48.4 Million (SOLD)
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Check out the original listing of this beautiful model from the RM Sotheby's site here: rmsothebys.com/en/auctions/MO...
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At the recent RM Sotheby's auction, there were many iconic and legendary auto machines that date back from as early as the 1930's to the current 2000's.
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Needless to say, of the variety of vehicles up for auction there were a few that caught the attention of many collectors. Some automotive masterpieces that held an admirable list of past awards and distinguished trophies.
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The moment that the entire audience had been waiting in anticipation for ever since its announcement back in Spring of 2018. The attention garnered revolved around one particular model, the 1962 Ferrari 250 GTO.
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This model is only one of 36 GTO's ever built and was auctioned at the recent auction held on August 25, 2018.
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The final sale price of this astonishing #23 model of the Ferrari 250 GTO closed at $44,000,000 + $4,400,000 in buyer auction related fees. This auction sale breaks the previous world record as the most expensive vehicle sold at public auction compared to the last publicly sold GTO that went for $38,000,000.
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As a select group of vehicles and their respective owners, it's no wonder that the legendary Ferrari 250 garners an attention that few automobiles can command.
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*DISCLAIMER: No copyright infringement intended and is for educational purposes only of how auctions look like and how a rare vehicle is auctioned off. This belongs to RM Sotheby's.
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Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, new reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise by infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

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25 авг 2018

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Комментарии : 595   
@fidorover
@fidorover 5 лет назад
I was _gonna_ bid, but was having a bit of trouble selling my old sofa on Craigslist and couldn't quite come up with the cash. Bummer.
@TheFriendlyTroll
@TheFriendlyTroll 5 лет назад
LOL! Maybe next time.
@Jons_broken_toe
@Jons_broken_toe 5 лет назад
😂😂😂😂😂
@Rimrock300
@Rimrock300 5 лет назад
I would not sell the old sofa, better put it in the future Ferrari section of your garage
@gregoryscott7088
@gregoryscott7088 5 лет назад
No lowballs on the sofa, he knows what he's got.
@kseries1981
@kseries1981 4 года назад
lmao!
@erik-001-
@erik-001- Год назад
For everyone that’s confused by the title: car sold for $44mil + auction house fee (usually 10% of the final bid) which is $4.4mil = $48.4mil
@aig1111
@aig1111 5 лет назад
I have one at home. It’s on display on the shelf.
@m0ther_bra1ned12
@m0ther_bra1ned12 5 лет назад
Yours will probably be driven more to boot. XD
@sesto194
@sesto194 5 лет назад
@@m0ther_bra1ned12 thats a big shelf
@joyusa3182
@joyusa3182 5 лет назад
Lol
@kaitlyn3386
@kaitlyn3386 5 лет назад
XD 😂 😂
@bruh-qq1sx
@bruh-qq1sx 5 лет назад
A model 250 GTO?
@Pulsonar
@Pulsonar 4 года назад
I love the Ferrari legacy, but even breathing the air in that auction hall would bankrupt me!
@aydankhaliq2967
@aydankhaliq2967 3 года назад
The great thing about this car is that most of the people who has it, still drive it. Some notable owners are nick mason and Lawrence stroll, who has 2.
@stevezisk3415
@stevezisk3415 Год назад
Mason has some Beauties
@sbrsyncro700
@sbrsyncro700 5 лет назад
He could have bought Canada for that much, he made the better deal.
@fuckugplus
@fuckugplus 5 лет назад
in 1810 yeah
@IIIIllllllllIIIIIllll
@IIIIllllllllIIIIIllll 5 лет назад
I don't think so..
@tacolove892
@tacolove892 4 года назад
@John Smith ...................dddduuurrrrrrrrr.....it's ass hole humor.
@Cheops2112
@Cheops2112 4 года назад
An asshole in every group...🙄
@ImBrockatron
@ImBrockatron 3 года назад
yes he did lol.
@PL-oc7vn
@PL-oc7vn 3 года назад
Meanwhile at supermarket choosing between $1 or the expensive $3 butter
@Rhagical
@Rhagical 3 года назад
I like how they made a mistake first by putting 3.5 mil instead of 35 mil.
@legendofzelda2324
@legendofzelda2324 Год назад
Yea. Japan sure had different prices as well.
@DrayDray78
@DrayDray78 Год назад
Lol he even offered it for 43,000 and real fast COUGHT his mistake 8:58
@jonaslasater4784
@jonaslasater4784 5 лет назад
take a shot every time he says 41 million
@joyusa3182
@joyusa3182 5 лет назад
I csnt evrn tuypr amu mir
@Ivanthegreat141
@Ivanthegreat141 4 года назад
joyusa 31 22 times
@ranveerbose7617
@ranveerbose7617 3 года назад
and your toyota will turn into that car for free
@SJAutomotiveDesign
@SJAutomotiveDesign 3 года назад
Man, I'm so sad I missed this one. I was gonna buy it, but my Dodge broke down on my way to the auction and didn't make it... 😑
@hotwhells20
@hotwhells20 5 лет назад
he adds 250,000 dollars and everyone laughs... hahahahhahahahahah... omg
@FUNZO1975
@FUNZO1975 5 лет назад
I know right? ....I dream of the day when I can laugh at a quarter mil.
@KN-lq4zv
@KN-lq4zv 4 года назад
That’s beautiful, congratulations to the owner
@chrissmith8469
@chrissmith8469 2 года назад
Thanku
@matteilceodeimatte
@matteilceodeimatte 4 года назад
still more exiting than the whole f1 season
@ImBrockatron
@ImBrockatron 11 месяцев назад
It definitely sounds better.
@JetEngine85
@JetEngine85 4 года назад
I'm watching this video with $25 in my pocket 😂
@zixto76
@zixto76 2 года назад
🤣🤣🤣🤣
@user-ru6mq5sc5n
@user-ru6mq5sc5n 2 года назад
Yes but how much in the bank?
@C.I.A_Unclassified
@C.I.A_Unclassified 2 года назад
Best comment of the year 😂
@AndreaZzzXXX
@AndreaZzzXXX 5 лет назад
at 3:30 he spoke italian 'quarantuno milioni di dollari contro di te' :-)
@nieleda2561
@nieleda2561 3 года назад
qrantuno ha detto
@40rty7even4
@40rty7even4 3 года назад
I bid $43 million, but I had to go to the toilet. When I came back it was sold. Shouldn't have had that damn Pepsi before the auction.
@m0ther_bra1ned12
@m0ther_bra1ned12 5 лет назад
That's more money than I'm ever going to see in my entire lifetime and probably two or three generations after... FOR ONE CAR. XD
@skywalkinonthesehaters8659
@skywalkinonthesehaters8659 5 лет назад
/M0ther_bra1ned/ same😂😂😭😭
@CamboMaka
@CamboMaka 5 лет назад
Time to get your game up.
@ipadize
@ipadize 5 лет назад
thats more than i will ever see in 44 lifetimes if i work till 80
@FUNZO1975
@FUNZO1975 5 лет назад
That's why they call it .....living the dream.
@MassimoMSSR
@MassimoMSSR 4 года назад
That car is worth more than human life for its history and rarity and just how special it is.
@youbian
@youbian 2 года назад
Best auto purchase I ever made. The good chaps at Dothan werks keep the car in tip top. Cheers
@obryan240
@obryan240 5 месяцев назад
I got to see this car in person a few months before the auction. Gorgeous ❤
@Pulsonar
@Pulsonar 4 года назад
I saw a beautiful highly detailed 250 GTO 1/8 scale model priced at £6K. It seems like a bargain of the century and probably more mobile compared to this real legendary car that is now just a museum artefact 😂
@mattlawton4715
@mattlawton4715 Год назад
I'm just going to buy a new one
@GinolasVideos
@GinolasVideos Год назад
most of them all still get driven, and raced :o
@DMWBN3
@DMWBN3 3 года назад
1,000,000 per bid, this is different gravy. I'd be careful holding up a camera 🎥 in case they take a bid 👏🏼
@crissignori7482
@crissignori7482 2 года назад
Great deal .... Well purchased !!!
@michaelk9056
@michaelk9056 4 года назад
I just finance it for 1 million years Zero down😁
@debbiedunn4477
@debbiedunn4477 3 года назад
Lol
@robincook8828
@robincook8828 5 лет назад
there's a red car in space right now
@lindsayknuth906
@lindsayknuth906 4 года назад
Elon musk what goes up must come down
@rien9281
@rien9281 4 года назад
@20GRIZZ20 just a joke dumbass
@mathiashermansen785
@mathiashermansen785 3 года назад
This car is history
@imjustaviewer8709
@imjustaviewer8709 3 года назад
Yea ik its a tesla
@kingsofkings_5661
@kingsofkings_5661 3 года назад
That’s red Tesla Elon musk
@MaybeHarvey
@MaybeHarvey 4 года назад
Thanks Ian
@LeadMunitions
@LeadMunitions 4 месяца назад
I’m always amazed at the enormous gap on what a human can make to afford this..
@PCGSIR
@PCGSIR Год назад
I can not wait till Arizona RM Auction 2023
@TheGreener121
@TheGreener121 5 лет назад
Thats just insane...
@murphymoe753
@murphymoe753 4 года назад
Love the car but love 48M$ much more
@damiencallaghan9389
@damiencallaghan9389 4 года назад
Type in Salvador Mundi Auction That is how it is done
@debbiedunn4477
@debbiedunn4477 3 года назад
Wow!!!.... And I'm sitting here dreading getting new tires on my 2003 chevy s-10!!!😲
@victorfranco5703
@victorfranco5703 4 года назад
I bet they won't even drive that car. It will sit in a showroom while the owner has a very expensive glass of wine and smoke a cigar just admire the vehicle.
@debbiedunn4477
@debbiedunn4477 3 года назад
Yep
@ronishsharma2989
@ronishsharma2989 3 года назад
I mean driving a 48 mil $ car probably isn't the best idea.
@dhalsim-1
@dhalsim-1 3 года назад
They have to drive it once in a while or the engine will cease
@tedecker3792
@tedecker3792 2 года назад
I do that looking at my Chevette
@MUISHAGGY572
@MUISHAGGY572 4 года назад
I was gonna buy a Kia Forte but this might be my next car.
@marcogrossi6334
@marcogrossi6334 2 года назад
It shouldn't have a millionaire but a museum e un patrimonio del Umanità
@LesiureBoy
@LesiureBoy 4 года назад
Jesus, what a beautiful car. Timeless and all class.
@user-sk5cv7hj2m
@user-sk5cv7hj2m 4 года назад
Imagine the commissions payed by the seller and the buyer it’s usually 12% unless negotiated.thats almost 20 million Dollars auction house profit in10 minutes. The whole deal is mind boggling!
@rigonatmauro
@rigonatmauro 5 лет назад
250 GTO chassis 3413 GT is the queen of 1962 TRIESTE-OPICINA HILLCLIMB. LUALDI GABARDI at the wheel of 3413 GT won a legendary TRIESTE-OPICINA HILLCLIMB. An overall win with new speed record of the race
@theforcer1762
@theforcer1762 5 лет назад
Meanwhile in India. Kid works for $1 a day..
@sebypudilic8351
@sebypudilic8351 5 лет назад
@@paulgilhuis1 =))))))))))))
@420cm
@420cm 4 года назад
And your point is??
@prasunsingh7134
@prasunsingh7134 4 года назад
@@420cm his point is in india everyone works , they are not like him waste product. And how many years it will take for him to buy $48 million car🤔.
@specialed4564
@specialed4564 4 года назад
@@prasunsingh7134 not just in India theres lots of countries like that
@prasunsingh7134
@prasunsingh7134 4 года назад
@@specialed4564i know bro but pointing out one country is not good.
@timothylaws4549
@timothylaws4549 2 года назад
incredible
@salimbagatmavereika5773
@salimbagatmavereika5773 5 лет назад
why am I watching this, i cant even afford of its tire bolts
@Harry-rj6kh
@Harry-rj6kh Год назад
In the 1960's I saw two GTO's compete at Pacific Raceways in Kent, Wash against 3 Cobras. Does anyone know where they ended up? I had heard that at one time Innes Ireland was offered one for less than 10 thousand but it was just another old race car to him.
@Atombender
@Atombender 5 лет назад
2:00 price display fail on the left.
@aulbraealexanderzamora1948
@aulbraealexanderzamora1948 4 года назад
I was gonna bid $49 million to give it to my wife and then I remembered she prefers it on pink.
@royalbank5567
@royalbank5567 4 года назад
How
@rrennnerr
@rrennnerr 3 года назад
The gentlemen able to buy this car grew up with it dreaming about it. Once that generates passes away, I do not believe that car will be worth as much. I am in my 20’s and cars like the McLaren F1 and MC-12 will probably some of the top priced cars.
@vcapar
@vcapar 5 лет назад
The Way my bank account works..I have my checking in my savings and it takes 3 business day.. 🤪😂
@ianbarber311
@ianbarber311 5 лет назад
After I win Powerball I will be back for a 250LM or a P3/4.
@user-tg3bx9rz8y
@user-tg3bx9rz8y 5 лет назад
P3/4 the best.
@FUNZO1975
@FUNZO1975 5 лет назад
Me too brother.
@after_midnight9592
@after_midnight9592 5 лет назад
Kinetic art
@unverified_Vids
@unverified_Vids 3 года назад
All millionaires sitting in one place
@RougeComputer
@RougeComputer 27 дней назад
Damn I hit bid but my internet cut out. Missed it by a few hundred thousand
@lebaillidessavoies3889
@lebaillidessavoies3889 4 года назад
this is the gdp of Botswana
@frankdavis6101
@frankdavis6101 5 месяцев назад
This car has the power to save the world from an apocalypse. Has unrivaled technology modern day cars still can not match. Has a ride to die for like riding on a cloud
@asdfghjkldfghjhgcgyuigfyui9792
more money than I'll ever make in multiple lifetimes
@heavenstomurgatroyd7033
@heavenstomurgatroyd7033 5 лет назад
Well considering that Leonardo Da vincis painting, The Christ sold for 450 million this looks like a bargain!
@imhappyandyou.4003
@imhappyandyou.4003 3 года назад
$44 million plus $4 million in auction fees is just insane.. Even if I had a billon dollars I still wouldn't spend that much on any car.
@hottiemcscottie5952
@hottiemcscottie5952 Год назад
Imagine spending 70m for car u won't drive at all
@imhappyandyou.4003
@imhappyandyou.4003 Год назад
@@hottiemcscottie5952 Right!.. Even if it was a 1 of 1 never to be made again!, it's getting driven and it will be USED!. LOL I don't "Collect" anything to just let it sit around looking good!, I enjoy everything that I've collected to the fullest and don't care if it depreciates the value of whatever it is. That's the whole reason I bought it lol.
@epicon6
@epicon6 Год назад
Auctions like this aren't even about the car. They are bidding just for the thrill of bidding higher than their peers. If they were privately buying the same car they wouldn't even pay 4 million for it.
@justinsu7241
@justinsu7241 Год назад
@@epicon6 not true, this is what these cars are worth, they're all bid by people behind those phone calls who stay away from the live event because the excitement and adrenaline can cause them to overbid due to excitement, staying at home or their office desk can keep them calm and just pay the most they're willing to pay for said item.
@francescosalvioli
@francescosalvioli 3 года назад
I was gonna bid but my wife call me on the phone remembering we have to pay house loan first!!!
@scotttaylor8498
@scotttaylor8498 Год назад
Awesome
@cll1639
@cll1639 3 месяца назад
Huge money but that auction had all the excitement of a caterpillar race.
@specialed4564
@specialed4564 4 года назад
I stopped bidding when they got to $35 million
@cryptodwayne5174
@cryptodwayne5174 2 года назад
Holy Grail Car
@marcogrossi6334
@marcogrossi6334 10 месяцев назад
Sono macchine da museo tutti dovrebbero avere la possibilità di ammirare questa meravigliosa macchina.
@sorapong58
@sorapong58 5 лет назад
Woooooww !! Legend of Lermand Winner
@pseudonym5136
@pseudonym5136 4 месяца назад
Somehow it`s insane,but I love it!
@WiR3DGaMiNG
@WiR3DGaMiNG 5 лет назад
I just crashed one of these … on gran Turismo sport haha!
@WiR3DGaMiNG
@WiR3DGaMiNG 5 лет назад
20 million on gt sport :O
@paveantelic7876
@paveantelic7876 5 лет назад
for how long did u save up money?
@WiR3DGaMiNG
@WiR3DGaMiNG 5 лет назад
I didn't have to buy the car. it was on a daily race to use for free brands hatch I believe it was
@aydankhaliq2967
@aydankhaliq2967 3 года назад
@@WiR3DGaMiNG just bought mine. Had to sell a couple of lancia's and LMP1 cars. 250 gto has so much more grip than other cars of the time.
@i-never-look-at-replies-lol
@i-never-look-at-replies-lol 3 года назад
Damn. This is the one I was going to buy, but I forgot my wallet at home that day.
@ianfernandes96
@ianfernandes96 5 лет назад
I'm the Ian that he was on the phone with. Nah just kidding, I'm just a humble mariner 😁
@Loulovesspeed
@Loulovesspeed 4 года назад
Whatever "floats your boat"! Lol
@fredyeezy4895
@fredyeezy4895 4 года назад
I have one. It’s still in the hot wheels package tho...
@drivewayhero
@drivewayhero 3 года назад
For someone like Bezos or Bill Gates whose net worth is say $50 Billion dollars, spending $44 Million is like someone with a $200,000 net worth spending $192 dollars
@mikestang679
@mikestang679 5 лет назад
Who says there is a Ferrari "bubble" prices seems to be holding up, starting bid $35 million, WOW, these vehicles are approaching fine art pricing, not to far-away will be a $100 + million car someday, which isn't a problem in the fine art auctions, common actually
@SocietyofSupercars
@SocietyofSupercars 5 лет назад
Absolutely! These prices for these extremely rare models will likely continue to double or quadruple in value over the next decade or so. The day of the next $100M Ferrari will be approaching.
@fredschriks8554
@fredschriks8554 5 лет назад
Saw a video about a Mercedes 300SL racecar. Rumour goes it costs over $100 million.
@DonLee1980
@DonLee1980 5 лет назад
SL gull wings go for ~1-1.5 mill.
@fredschriks8554
@fredschriks8554 5 лет назад
@@DonLee1980 Was about a very rare racecar, only 2 units build. It wasn't a normal 300SL.
@DonLee1980
@DonLee1980 5 лет назад
Fred Schriks lol I see. Good thing I really couldn’t care less about it
@user-el5mg4it9t
@user-el5mg4it9t 3 года назад
-He wants to win, I think I'm gonna drop 48 for this one. -48 grand? -48 million.
@8thstgarage922
@8thstgarage922 4 года назад
And i thought $1000 for my 96 Dodge Ram was too much 🤣
@saching2753
@saching2753 3 года назад
Literally sold for more than its weight in gold ahahaa
@heokimisaac9636
@heokimisaac9636 3 года назад
Thats crazy
@Leviajohnson
@Leviajohnson 4 года назад
Mine went on the forza horizon 4 auction house for only 3,000,000 credits. what a rip off. I'm assuming. Not sure what the exchange rate is.
@hanphasareo6224
@hanphasareo6224 2 года назад
Iam watching this video with 100 rupees in my pocket which is equal to 1.33 $🤣🤣🤣😥😥😥
@TheDemoexpert
@TheDemoexpert 4 года назад
"Easy certifiable" 1:12 Thank God! What a ripoff if it wasn't!
@patricklilly2520
@patricklilly2520 Месяц назад
Beautiful car, with Great provenance. So many children going hungry...
@garyslama7163
@garyslama7163 2 года назад
Whew, the bidding really stalled out there at the end.
@ivankowalski8923
@ivankowalski8923 5 лет назад
hello this is my shoe - cost 5 $ hello this is Cr7 shoe - cost 50 000 $
@samharrill7676
@samharrill7676 5 лет назад
Just Bought By Saudi Prince $58,000.0000
@bukharijabarazman2700
@bukharijabarazman2700 2 года назад
Me sitting here, wondering how much 44 mil dollars actually is…
@two-sense
@two-sense Год назад
It's one car.
@427bullis
@427bullis 2 года назад
Auction is like a wake
@TheFunkhouser
@TheFunkhouser 5 лет назад
crazy
@Scratchingforcash
@Scratchingforcash Год назад
What’s it worth when the frame rots out? Craigslist add: Ferrari for sale!! originally paid $44 million dollars, asking $2500 frame needs welded.
@josetapia8878
@josetapia8878 4 года назад
Forgot one zero when the bid first started lol
@sohummallapur351
@sohummallapur351 5 лет назад
How much did the chrome p1 go for?
@michaelclyburn5858
@michaelclyburn5858 4 года назад
Hey! My hand's up over here...
@zelez4ever
@zelez4ever 4 года назад
so it was sold for 44 mil not 48, wrong title
@angahcoleify
@angahcoleify 4 года назад
Please dont be lazy to read .... U look stupid u know...
@robertmiles6492
@robertmiles6492 3 года назад
I remember hearing a noise from a body shop next door , the storage racking had collapsed onto a 250 GTO destroying the front end , it was in the 1990s so only a mere 1.5m
@snowlover71
@snowlover71 5 лет назад
Nuts!
@massimoanghileri2721
@massimoanghileri2721 4 года назад
Che MERAVIGLIA.
@epithet052
@epithet052 4 года назад
Did the driver come with the purchase?
@10DKB
@10DKB 5 лет назад
I waited for that extra 4 million.
@joyusa3182
@joyusa3182 5 лет назад
Looks like some one wants to boost the 1962 250 GTO market
@lapamful
@lapamful 5 лет назад
Imagine in 100 years time, kids will be watching this and laughing saying "48 million? My iPhone cost that much nowadays" 😂 Okay okay kids of the future. I realise that neither iPhones nor Apple may be around for that long.
@JanneWolterbeek
@JanneWolterbeek 5 лет назад
If Apple still exists they are probably creating interactive eyeballs by then...
@Johan92Johansson
@Johan92Johansson 4 года назад
How hard could it be to get the tilte right? the car sold for $44M and not 48
@Mechanicalcircus1
@Mechanicalcircus1 4 года назад
Johan Johansson IKR People are stupid!
@angahcoleify
@angahcoleify 4 года назад
Wow u guys so stupid and very lazy to read... Seriously u look stupid with this comment..😂😂😂
@Lou-kq1ng
@Lou-kq1ng 5 лет назад
He could have bought 32,301 of my car for that
@mrgavkel1
@mrgavkel1 4 года назад
was that Stroll i seen down the back
@mchristr
@mchristr 5 лет назад
How do we know that the person who bought the car doesn't also donate substantial sums? It's not about how much wealth a person has but how generous they are with their money.
@clicheguevara5282
@clicheguevara5282 2 года назад
True. ..but most "philanthropy" from the rich is fake too. A couple years ago, Bill Gates "donated" tens of billions into his own charities - and then made a huge profit on the deal. The media praised him for being so charitable. Straight out of the Rockefeller playbook. Lol
@markarrivi3818
@markarrivi3818 4 года назад
I have one too in a basement drawer its a slot car. Whats the bid 48 million
@andyvankerkhove6902
@andyvankerkhove6902 Год назад
6882...44 million dollars.... me checking the title again...
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