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1962 Ferrari 250 GTO for sale in Germany at $64 million

Prices keep climbing for the Ferrari 250 GTO with virtually no end in sight. In 1969 one sold for just $2,500, but by the 1980s they were trading for hundreds of thousands, then millions, then tens of millions to the point that the last last year, one was reported to have changed hands at $52 million. But now there's a GTO for sale in Germany that could eclipse even that gargantuan price tag.
Ferrari made 39 examples of the 250 GTO between 1962 and 1962, and the item listing on mobile.de doesn't give much in the way of specifics as to which exactly we're looking at. But last we checked, there were only two GTOs in Germany, and the other one was silver. That leaves chassis number 3809GT, which was delivered new in '62 to Switzerland and participated in numerous endurance races and hillclimb events throughout the early 60s. 3809GT has been owned until now by one Hartmut Ibing, who bought it in 1976 when values were in the tens of thousands, not tens of millions. Given how his asset has appreciated so dramatically, and with less than 10,000 miles on the odometers over 52 years, we could understand how Ibing would want to cash out.
Of course we could be mistaken and we could be looking at an entirely different example - the vast majority were, after all, painted red and fitted with blue upholstery just like this one - but either way, we're looking at a price tag of 47.6 million euros. That's nearly $64 million at today's rates, inclusive of Germany's 19 percent VAT rate that adds a staggering $10 million in taxes to the pre-tax price of 40 million euros, which comes in under $54 million but would still be the most ever paid for a GTO (or really, just about any car ever made).

Ferrari 250 Testa Rossas assemble by the shore at Pebble Beach

Seeing one Ferrari 250 Testa Rossa could be a once-in-a-lifetime experience for many people because so few exist, and those that do generally trade hands for tens of millions of dollars. At this year's Pebble Beach Concours d'Elegance, there are 20 of these amazing rarities lined up next to each other.
Situated right on the shore of the Pacific Ocean, you can actually hear the waves lapping against the rocks during the quiet moments. Just a few feet away these thoroughbred Prancing Horses are on display and being polished to perfection. The Testa Rossas represent some of the most important historic racers in the world, and the mix here include a prototype, a Le Mans winner and models that counted drivers like Phil Hill and Dan Gurney behind the wheel.
Not all Testa Rossas were created equal, though. Ferrari built both factory racing and customer versions, and they came with curvaceous bodies from Scaglietti and a bit more angular look with dual snouts from Fantuzzi. Many of them also had further modifications from there to make each one about as unique as a snowflake. Check out our fabulous gallery of all 20 of these beautiful red heads on display together.

Race Recap: At the Abu Dhabi grand prix, the caravan chases a mirage

Both championships have been claimed this year, with Sebastian Vettel taking the Driver Championship and Infiniti Red Bull Racing the Constructor's. But there's no skunk rule in Formula One, so the last three races of the schedule are going on as scheduled.
Abu Dhabi was the latest venue, and what the Yas Marina Circuit has lacked in racing excitement, it has more than made up for in drama. It's where Lewis Hamilton always does well and should have won but for an engine blow-up. That lead to Kimi Räikkönen taking the first win of his return, and giving Lotus its first win. It's where a championship was decided when Fernando Alonso was stuck behind Vitaly Petrov and Timo Glock and couldn't put up a fight against Vettel. And this year, it was where Mark Webber again out-qualified his Red Bull teammate and grabbed pole, just three rounds away from retirement.
He was followed by Vettel, the Mercedes-AMG Petronas pair of Nico Rosberg and Lewis Hamilton, the unstoppable Nico Hülkenberg in the first Sauber in fifth, Romain Grosjean in the first Lotus, Felipe Massa in the first Ferrari, Sergio Perez in the McLaren, Daniel Ricciardo in the Toro Rosso and Alonso in the second Ferrari in tenth. Tenth.