The rare 1962 Ferrari 250 GTO that was expected to sell for more than CA$55 million at Bonhams' Quail Lodge Auction in Carmel, California, ended up finding a taker at just CA$41.5 million. It's still a new record for the most valuable car ever sold at an auction, though.

The previous record was set by a 1954 Mercedes-Benz W196 R F1 Racer that sold for $30 million at Bonhams' Goodwood Festival of Speed Auction last year.

The most expensive car of all, however, remains a 1963 Ferrari 250 GTO that was purchased for US$52 million by an unidentified buyer in a private transaction.

Bidders from around the world were in attendance in the audience and on the phones. The auction pavilion was filled to total capacity with overflow on the lawns watching the happenings live on the numerous television screens.

The combined total for the very special Maranello Rosso Collection of ten important Ferraris amounted to nearly CA$72 million.

Source : Bonhams

Photo: Wikipedia