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

Поділитися
Вставка
  • Опубліковано 25 сер 2018
  • Watch the full auction portion of the 1962 Ferrari 250 GTO held by RM Sotheby's at the Monterey Conference Center.
    .
    .
    FINAL total purchase price: $44 Million bid price + $4.4 Million auction fees = $48.4 Million (SOLD)
    .
    .
    Check out the original listing of this beautiful model from the RM Sotheby's site here: rmsothebys.com/en/auctions/MO...
    .
    .
    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.
    .
    .
    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.
    .
    .
    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.
    .
    .
    This model is only one of 36 GTO's ever built and was auctioned at the recent auction held on August 25, 2018.
    .
    .
    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.
    .
    .
    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.
    .
    .
    *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.
    .
    .
    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.
  • Авто та транспорт

КОМЕНТАРІ • 595

  • @fidorover
    @fidorover 5 років тому +1191

    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 років тому +14

      LOL! Maybe next time.

    • @Jons_broken_toe
      @Jons_broken_toe 5 років тому +6

      😂😂😂😂😂

    • @Rimrock300
      @Rimrock300 5 років тому +12

      I would not sell the old sofa, better put it in the future Ferrari section of your garage

    • @gregoryscott7088
      @gregoryscott7088 5 років тому +13

      No lowballs on the sofa, he knows what he's got.

    • @kseries1981
      @kseries1981 4 роки тому +4

      lmao!

  • @erik-001-
    @erik-001- Рік тому +39

    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 років тому +498

    I have one at home. It’s on display on the shelf.

    • @m0ther_bra1ned12
      @m0ther_bra1ned12 5 років тому +3

      Yours will probably be driven more to boot. XD

    • @sesto194
      @sesto194 5 років тому +6

      @@m0ther_bra1ned12 thats a big shelf

    • @joyusa3182
      @joyusa3182 5 років тому +1

      Lol

    • @kaitlyn3386
      @kaitlyn3386 5 років тому +1

      XD 😂 😂

    • @bruh-qq1sx
      @bruh-qq1sx 5 років тому +2

      A model 250 GTO?

  • @Pulsonar
    @Pulsonar 4 роки тому +171

    I love the Ferrari legacy, but even breathing the air in that auction hall would bankrupt me!

  • @jonaslasater4784
    @jonaslasater4784 5 років тому +293

    take a shot every time he says 41 million

  • @PL-oc7vn
    @PL-oc7vn 3 роки тому +31

    Meanwhile at supermarket choosing between $1 or the expensive $3 butter

  • @aydankhaliq2967
    @aydankhaliq2967 3 роки тому +31

    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.

  • @sbrsyncro700
    @sbrsyncro700 5 років тому +308

    He could have bought Canada for that much, he made the better deal.

  • @Rhagical
    @Rhagical 3 роки тому +34

    I like how they made a mistake first by putting 3.5 mil instead of 35 mil.

    • @legendofzelda2324
      @legendofzelda2324 Рік тому

      Yea. Japan sure had different prices as well.

    • @DrayDray78
      @DrayDray78 Рік тому +1

      Lol he even offered it for 43,000 and real fast COUGHT his mistake 8:58

  • @hotwhells20
    @hotwhells20 5 років тому +122

    he adds 250,000 dollars and everyone laughs... hahahahhahahahahah... omg

    • @FUNZO1975
      @FUNZO1975 5 років тому +17

      I know right?
      ....I dream of the day when I can laugh at a quarter mil.

  • @matteilceodeimatte
    @matteilceodeimatte 4 роки тому +57

    still more exiting than the whole f1 season

    • @ImBrockatron
      @ImBrockatron 11 місяців тому

      It definitely sounds better.

  • @JetEngine85
    @JetEngine85 4 роки тому +87

    I'm watching this video with $25 in my pocket 😂

  • @KN-lq4zv
    @KN-lq4zv 4 роки тому +23

    That’s beautiful, congratulations to the owner

  • @SJAutomotiveDesign
    @SJAutomotiveDesign 3 роки тому +37

    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... 😑

  • @40rty7even4
    @40rty7even4 3 роки тому +5

    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.

  • @obryan240
    @obryan240 5 місяців тому +1

    I got to see this car in person a few months before the auction. Gorgeous ❤

  • @m0ther_bra1ned12
    @m0ther_bra1ned12 5 років тому +196

    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 років тому +3

      /M0ther_bra1ned/ same😂😂😭😭

    • @CamboMaka
      @CamboMaka 5 років тому +32

      Time to get your game up.

    • @ipadize
      @ipadize 5 років тому +14

      thats more than i will ever see in 44 lifetimes if i work till 80

    • @FUNZO1975
      @FUNZO1975 5 років тому +4

      That's why they call it .....living the dream.

    • @MassimoMSSR
      @MassimoMSSR 4 роки тому +3

      That car is worth more than human life for its history and rarity and just how special it is.

  • @youbian
    @youbian 2 роки тому +4

    Best auto purchase I ever made. The good chaps at Dothan werks keep the car in tip top.
    Cheers

  • @AndreaZzzXXX
    @AndreaZzzXXX 5 років тому +74

    at 3:30 he spoke italian 'quarantuno milioni di dollari contro di te' :-)

  • @robincook8828
    @robincook8828 5 років тому +84

    there's a red car in space right now

  • @PCGSIR
    @PCGSIR Рік тому +1

    I can not wait till Arizona RM Auction 2023

  • @crissignori7482
    @crissignori7482 2 роки тому +2

    Great deal .... Well purchased !!!

  • @DMWBN3
    @DMWBN3 3 роки тому +8

    1,000,000 per bid, this is different gravy. I'd be careful holding up a camera 🎥 in case they take a bid 👏🏼

  • @MaybeHarvey
    @MaybeHarvey 4 роки тому

    Thanks Ian

  • @Pulsonar
    @Pulsonar 4 роки тому +20

    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 😂

  • @michaelk9056
    @michaelk9056 4 роки тому +33

    I just finance it for 1 million years
    Zero down😁

  • @murphymoe753
    @murphymoe753 4 роки тому +9

    Love the car but love 48M$ much more

  • @LeadMunitions
    @LeadMunitions 4 місяці тому +1

    I’m always amazed at the enormous gap on what a human can make to afford this..

  • @victorfranco5703
    @victorfranco5703 4 роки тому +40

    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 роки тому +1

      Yep

    • @ronishsharma2989
      @ronishsharma2989 3 роки тому +11

      I mean driving a 48 mil $ car probably isn't the best idea.

    • @dhalsim-1
      @dhalsim-1 3 роки тому +1

      They have to drive it once in a while or the engine will cease

    • @tedecker3792
      @tedecker3792 2 роки тому

      I do that looking at my Chevette

  • @LesiureBoy
    @LesiureBoy 3 роки тому +3

    Jesus, what a beautiful car. Timeless and all class.

  • @marcogrossi6334
    @marcogrossi6334 2 роки тому +1

    It shouldn't have a millionaire but a museum e un patrimonio del Umanità

  • @TheGreener121
    @TheGreener121 5 років тому +7

    Thats just insane...

  • @timothylaws4549
    @timothylaws4549 2 роки тому +1

    incredible

  • @MUISHAGGY572
    @MUISHAGGY572 4 роки тому +6

    I was gonna buy a Kia Forte but this might be my next car.

  • @debbiedunn4477
    @debbiedunn4477 3 роки тому +2

    Wow!!!.... And I'm sitting here dreading getting new tires on my 2003 chevy s-10!!!😲

  • @unverified_Vids
    @unverified_Vids 3 роки тому +4

    All millionaires sitting in one place

  • @Atombender
    @Atombender 5 років тому +13

    2:00 price display fail on the left.

  • @Harry-rj6kh
    @Harry-rj6kh Рік тому +3

    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.

  • @aulbraealexanderzamora1948
    @aulbraealexanderzamora1948 4 роки тому +31

    I was gonna bid $49 million to give it to my wife and then I remembered she prefers it on pink.

  • @scotttaylor8498
    @scotttaylor8498 Рік тому

    Awesome

  • @damiencallaghan9389
    @damiencallaghan9389 4 роки тому +11

    Type in
    Salvador Mundi Auction
    That is how it is done

  • @after_midnight9592
    @after_midnight9592 5 років тому +1

    Kinetic art

  • @lebaillidessavoies3889
    @lebaillidessavoies3889 4 роки тому +7

    this is the gdp of Botswana

  • @vcapar
    @vcapar 5 років тому +3

    The Way my bank account works..I have my checking in my savings and it takes 3 business day.. 🤪😂

  • @palmbeachgrown5125
    @palmbeachgrown5125 19 днів тому +1

    Damn I hit bid but my internet cut out. Missed it by a few hundred thousand

  • @salimbagatmavereika5773
    @salimbagatmavereika5773 5 років тому +10

    why am I watching this, i cant even afford of its tire bolts

  • @rigonatmauro
    @rigonatmauro 5 років тому +6

    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 років тому +130

    Meanwhile in India. Kid works for $1 a day..

    • @sebypudilic8351
      @sebypudilic8351 5 років тому

      @@paulgilhuis1 =))))))))))))

    • @420cm
      @420cm 4 роки тому +14

      And your point is??

    • @prasunsingh7134
      @prasunsingh7134 4 роки тому

      @@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 роки тому +2

      @@prasunsingh7134 not just in India theres lots of countries like that

    • @prasunsingh7134
      @prasunsingh7134 4 роки тому +1

      @@specialed4564i know bro but pointing out one country is not good.

  • @sorapong58
    @sorapong58 5 років тому

    Woooooww !!
    Legend of Lermand Winner

  • @francescosalvioli
    @francescosalvioli 3 роки тому +3

    I was gonna bid but my wife call me on the phone remembering we have to pay house loan first!!!

  • @cll1639
    @cll1639 2 місяці тому

    Huge money but that auction had all the excitement of a caterpillar race.

  • @user-sk5cv7hj2m
    @user-sk5cv7hj2m 4 роки тому +2

    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!

  • @cryptodwayne5174
    @cryptodwayne5174 2 роки тому +1

    Holy Grail Car

  • @zelez4ever
    @zelez4ever 4 роки тому +2

    so it was sold for 44 mil not 48, wrong title

    • @angahcoleify
      @angahcoleify 4 роки тому

      Please dont be lazy to read .... U look stupid u know...

  • @asdfghjkldfghjhgcgyuigfyui9792
    @asdfghjkldfghjhgcgyuigfyui9792 5 років тому +10

    more money than I'll ever make in multiple lifetimes

  • @rrennnerr
    @rrennnerr 3 роки тому +1

    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.

  • @heokimisaac9636
    @heokimisaac9636 3 роки тому +1

    Thats crazy

  • @pseudonym5136
    @pseudonym5136 4 місяці тому

    Somehow it`s insane,but I love it!

  • @frankdavis6101
    @frankdavis6101 4 місяці тому

    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

  • @TheFunkhouser
    @TheFunkhouser 5 років тому +1

    crazy

  • @ianbarber311
    @ianbarber311 5 років тому +11

    After I win Powerball I will be back for a 250LM or a P3/4.

  • @kikarias79
    @kikarias79 4 роки тому +2

    There’s this, and about 20% of the ENTIRE WORLD is STARVING...

  • @drivewayhero
    @drivewayhero 3 роки тому +6

    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

  • @specialed4564
    @specialed4564 4 роки тому +15

    I stopped bidding when they got to $35 million

  • @sohummallapur351
    @sohummallapur351 5 років тому

    How much did the chrome p1 go for?

  • @snowlover71
    @snowlover71 5 років тому

    Nuts!

  • @i-never-look-at-replies-lol
    @i-never-look-at-replies-lol 3 роки тому +1

    Damn. This is the one I was going to buy, but I forgot my wallet at home that day.

  • @ianfernandes96
    @ianfernandes96 5 років тому +4

    I'm the Ian that he was on the phone with.
    Nah just kidding, I'm just a humble mariner 😁

    • @Loulovesspeed
      @Loulovesspeed 4 роки тому +1

      Whatever "floats your boat"! Lol

  • @marcogrossi6334
    @marcogrossi6334 9 місяців тому

    Sono macchine da museo tutti dovrebbero avere la possibilità di ammirare questa meravigliosa macchina.

  • @patricklilly2520
    @patricklilly2520 29 днів тому

    Beautiful car, with Great provenance.
    So many children going hungry...

  • @WiR3DGaMiNG
    @WiR3DGaMiNG 5 років тому +52

    I just crashed one of these … on gran Turismo sport haha!

    • @WiR3DGaMiNG
      @WiR3DGaMiNG 5 років тому +4

      20 million on gt sport :O

    • @paveantelic7876
      @paveantelic7876 5 років тому

      for how long did u save up money?

    • @WiR3DGaMiNG
      @WiR3DGaMiNG 5 років тому +1

      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 роки тому

      @@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.

  • @heavenstomurgatroyd7033
    @heavenstomurgatroyd7033 5 років тому +3

    Well considering that Leonardo Da vincis painting, The Christ sold for 450 million this looks like a bargain!

  • @8thstgarage922
    @8thstgarage922 4 роки тому +5

    And i thought $1000 for my 96 Dodge Ram was too much 🤣

  • @Leviajohnson
    @Leviajohnson 4 роки тому +3

    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.

  • @massimoanghileri2721
    @massimoanghileri2721 4 роки тому

    Che MERAVIGLIA.

  • @saching2753
    @saching2753 3 роки тому +4

    Literally sold for more than its weight in gold ahahaa

  • @TheDemoexpert
    @TheDemoexpert 4 роки тому +10

    "Easy certifiable" 1:12 Thank God! What a ripoff if it wasn't!

  • @bukharijabarazman2700
    @bukharijabarazman2700 2 роки тому +4

    Me sitting here, wondering how much 44 mil dollars actually is…

  • @427bullis
    @427bullis 2 роки тому +1

    Auction is like a wake

  • @Scratchingforcash
    @Scratchingforcash Рік тому +1

    What’s it worth when the frame rots out?
    Craigslist add: Ferrari for sale!! originally paid $44 million dollars, asking $2500 frame needs welded.

  • @doubleu207
    @doubleu207 5 років тому +1

    Wtf.. Final Bid was 44million and wrote 48million in caption..

    • @FUNZO1975
      @FUNZO1975 5 років тому

      48 includes the "buyers premium" which goes to the auction house for their fee/cut.

  • @samharrill7676
    @samharrill7676 5 років тому +29

    Just Bought By Saudi Prince $58,000.0000

  • @epithet052
    @epithet052 4 роки тому

    Did the driver come with the purchase?

  • @ivankowalski8923
    @ivankowalski8923 4 роки тому +8

    hello this is my shoe - cost 5 $
    hello this is Cr7 shoe - cost 50 000 $

  • @user-el5mg4it9t
    @user-el5mg4it9t 3 роки тому +2

    -He wants to win, I think I'm gonna drop 48 for this one.
    -48 grand?
    -48 million.

  • @mrgavkel1
    @mrgavkel1 4 роки тому

    was that Stroll i seen down the back

  • @josetapia8878
    @josetapia8878 4 роки тому +3

    Forgot one zero when the bid first started lol

  • @fredyeezy4895
    @fredyeezy4895 4 роки тому +3

    I have one. It’s still in the hot wheels package tho...

  • @imhappyandyou.4003
    @imhappyandyou.4003 3 роки тому +13

    $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 Рік тому +2

      Imagine spending 70m for car u won't drive at all

    • @imhappyandyou.4003
      @imhappyandyou.4003 Рік тому +1

      @@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 Рік тому

      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 Рік тому +3

      @@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.

  • @markarrivi3818
    @markarrivi3818 4 роки тому

    I have one too in a basement drawer its a slot car. Whats the bid 48 million

  • @coledione2539
    @coledione2539 4 роки тому

    History

  • @michaelclyburn5858
    @michaelclyburn5858 4 роки тому +1

    Hey! My hand's up over here...

  • @Johan92Johansson
    @Johan92Johansson 4 роки тому +1

    How hard could it be to get the tilte right? the car sold for $44M and not 48

    • @Mechanicalcircus1
      @Mechanicalcircus1 4 роки тому

      Johan Johansson IKR People are stupid!

    • @angahcoleify
      @angahcoleify 4 роки тому

      Wow u guys so stupid and very lazy to read... Seriously u look stupid with this comment..😂😂😂

  • @hanphasareo6224
    @hanphasareo6224 2 роки тому +1

    Iam watching this video with 100 rupees in my pocket which is equal to 1.33 $🤣🤣🤣😥😥😥

  • @wl1896
    @wl1896 4 роки тому

    Whats the mileage again?

  • @Pirustae
    @Pirustae 3 роки тому +1

    Now, was it sold for 48 or 44million?

    • @smctrout4423
      @smctrout4423 3 роки тому +1

      The additional $4million was the buyer's premium.

  • @shashwat4883
    @shashwat4883 5 років тому

    How much does the seller get

  • @TheNKO173
    @TheNKO173 5 років тому +3

    WONDERFULLLL one of most beautiful car in the world !!! thats all !!

  • @megapet777
    @megapet777 3 роки тому +1

    didnt it sell for 44m tho?

  • @garyslama7163
    @garyslama7163 2 роки тому

    Whew, the bidding really stalled out there at the end.