Meet the Man Who Sold His Ferrari 250 GTO for a Record $48.4 Million | Forbes 

Some years ago Greg Whitten had his brand new La Ferrari at the Issaquah Triple X Drive In where the Fiat Club was hosting its All Italian Car Show. He had the doors open and was letting people sit in the car to have a better look. Greg is not exactly an over the top extrovert but more of a low-key personality. So he was simply standing nearby with most of the car's admirers not even realizing he was the owner. I got looking at his very new Ferrari and noticed the front tires had notable wear and the rears were half gone! "Greg, what's up with your tires?" Seems he had it out at Pacific Raceway and put a good 70 laps on it one day. Love these owners who put their cars through their paces.

I’ve met Greg on a few accounts. Super nice and humble guy. Was sad to see this car go but glad I had the experience of seeing it in person. Greg will find another crazy pinnacle car, he always does.

"Who knows, maybe I'll buy one later..." - this is the F YOU level of money.

That moment when you have so much money that you're unfazed about selling a Ferarri 250 GTO...

1:46 He doesn't look happy to sell the car, thats why all throughout the interview he's not even excited. His wife looks to be the one excited which means its her that kept pressuring him to sell the car.

Great car, congrats to the seller & buyer. The seller obviously made all his money from doing the Kermit the Frog 🐸 voice over. 👍😎

Thanks Greg...for being such a GREAT 'CARETAKER' of this 250 GTO 'Holy Grail'....for the past 18 years!!! Well Done SIR!!

Doesn't even have a backup camera what a rip off

Ferrari 250 GTO is an absolute masterpiece, truly a piece of automotive art. Lucky people who get to own these amazing machines.

Really awesome piece of machinery, and clearly so well looked after. A Unicorn of the Automobile World indeed. I can only imagine what it would mean to Ferrari collectors.

Anyone else notice Derek Bell was the one to drive the car on stage?

So happy for him.

The record is actually the grey kessel 62 body 250 gto which went for $72m (about £52m)

This is rolling art a masterpiece the holy grail of cars it should be placed in a museum next the finest paintings in the world

I wouldn’t have it over a 33 stradale.

And this is what being so rich that you are just bored with money and an almost $50 million car doesn't even register any emotion with you. I have a neighbor that made $20 million more than this car sold for last year, that's just crazy how much some people make in this world.

'maybe i'll buy one later', like a pair of socks. love it.

The sound....heaven

What a beautiful designed car. She looks, drives and sounds amazing. Thank you for sharing.

My question is how do you even insure that? How much would it cost?

Gee I wonder what this guy does for a living?! Looks like a UPS driver.

New sitcon, Everybody Loves Greg.

While the amount is staggering, i don't really like this one. I like the one that has the 3 front intake holes, 2 hole side fender vent and 1 hole rear fender vent. Also the bubble style rear window with rear exit exhaust. This one looks like a kit car. IMHO.

When the car was produced in 1962 it costed 10K

Dude this car is like wtf!!!!!.... It's awesome.....

Respect the previous owner for actually using the car.

1:51 when she knows u can definitely get her a few more cars for the rally

And the award for the most excited person ever goes to......

The price of used cars really has gone up.

i got reg plate GTO 28V for sale if you know of any buyers ??? thanks love that car

Never thought I would see someone cash in $44 million and be sad about it

wow 48 million is a nice paycheck

The Ferrari 275 in Ft Lauderdale is the unicorn! Est value of $100,000,000.00 It is reported $75,000,000.00 offer was hung up on and told not to call back when the owner was alive.

His ERA is far more interesting, it's the most desireable car in the world for me!

I must ask this question as a point of reference only, not as a criticism or oneupmanship. Is the correct description of this particular Ferrari not 250 GTO LM? LM being for LeMans? The earlier 250 GTO was most similar to the 250 GT SWB and is the more familiar GTO variant. I failed to purchase a 250 GT SWB in 1969 for $4800...

Great car,one of a kind.

It's lit !!!!!!!

BIG MONEY!😳🤑

WOW.......👍🇦🇺

He seems nice

The good life~

the background music ruined the video

Is it the lights? Why does it look pink?

Aholly Grail of car period < very Humble PO

"best i can do is 5 dollars..."

How much does IRS get a cut of the $48.4 million?

for comparison; the most expensive van gogh did 135 mln.

The world has completely lost perspective.

Who is The current seller??

How come some 250 GTO’s look different? This one looks different than what a normal 250 GTO looks like. This one doesn’t have the three holes in the hood.

A old car costs more than a cruise ship

It was sold for 44M not 48.4M.

this is a 250 GTO with bodywork designed by Scaglietti, who was a prsonel friend of Enzo Ferrari. i think they made only 4 with this bodywork.

Dude looks about one burger away from a heart attack

Some reported "private sales" of this model in the last 5 years ranged from $53 million to $70 million, sounds like this guy sold short. Unless these reported sales were bogus, to begin with, just used to generate interest in this model, looks a lot like a kit car to top it off..........

Should’ve gotten lot 250 I mean it was just 3 away

Has Michael Jordan’s colours and Number aswell

Sounds like a bored Kermit, "Oh yeah geez, I guess I just made $44 million dollars." What a fun guy.

“I’d rather be the guy that owns a 250 GTO, than the guy that sold one” - Nick Mason

Bet they register that in Montana

At least his wife looks happy

Well 42m usd is certainly Not in My Hobby Account

#3413GT 1st OA in 1962 TRIESTE-OPICINA HILLCLIMB at the wheel of EDOARDO LUALDI GABARDI

Ferrari the best in the world

This one car is worth more than most Ferrari owners entire collection.

this guy is selling cars as if he was trading pokemon cards

Never seen someone get 48m & act like they just got a food stamp check 😂😂😂😂

You can have it. Most I'd give is 10,000.

This guy acts like $44 million is no big deal. I wish I knew what having one percent of that feels like.

Cant even fart on the seat. Now he can buy 40 new Ferraris. One for almost every week of the yr lol.

Everyone early at Microsoft sounds like Kermit the frog

I thought the auction said $44M?

To think i once owned this car.... In Forza Horizon 3

40 million and no fckin Bluetooth in it??!! I want his money back!!!

THIS IS WHAT ME WITHOUT A FUCHING EURO WOULD DO... SPEND A FORTUNE IN A VINTAGE FERRARI!!

44 million? Where’s that 48.4 million title come from? 😂

See and I thought my uncle having over 2 million dollars in house money and 1 million in cars was rich. Then you see a single car sold for 45 million dollars.. welp looks like my uncle is poor again.

Nope. Even if I had 48 million to spend on a car i would rather get someone to build me an exact replica for like let´s say 1-2 million.

😮😮😮

Whoever bought it will eventually make more money on the transaction than we’ll all earn in a lifetime.

Such a shabby guys driving these beautiful Cars. Kind of dissatisfying.

its turn into pink color on stage lol

Ehh who knows maybe I’ll buy my 50 million dollar car later

The car was sold for $44 million but the video title says $48.4 million. Which is it?

The owner also own prince Bira maserati

He can reallly live is live and buy two three buggatis and even start his own car company like lambo and and buy lambo and ferreari like peanuts

They are not cars anymore. They are speculative objects.

Looks like you don’t pass too many eateries, either.

Can't believe he outbid me. I simply wasn't willing to go over $48 million. Oh well.

Rumor has it the buyer is from the Philippines.

Maybe ill buy one later he says, seems bored

Lol but now its worth .. or been sold for 64 million! .. crazy!

What do you do if your wife wants a car for rallys? *you buy her a 48Mio Ferrari GTO* Seem legit!

is what i would have done...spend a fortune in abstract art...but now i am 45 years,... now i would buy Figurative!..., spend a fortune there...this i would do... or better...Antiques… FOR U MEN FOR U... FOR THE RICH... CONTINUE EARNING MONEY!...THAT ME … ME … ME... 25 YEARS ON HOLIDAYS... I HAVE ALREADY SPENT IT ALL MEN!! ...

The guy said $44 m not $48 m

Isnt that the one whoever was racing it at the time crashed and died in it

Too expensive for a 50 year old car

48 million and no digital dash or tablet? #Suckers

That is not a '62 GTO, it looks like a '64 body. Unless its a '62 chassis that's been rebodied

people pretending to be rich wearing expensive suits, person that is rich wears polo shirt and slacks.....and a baseball cap