Carmel - The 1962 Ferrari 250 GTO, known by connoisseurs as, 'chassis number 3851 GT', that sold in California in August 2014, set a new high for a classic car at $38 million. The Ferrari 250 GTO beat the previous sale record of approximately $30 million, for a Mercedes W196. The Ferrari 250 GTO is among the world's most rare and sought-after cars. Only 39 Ferrari 250 GTOs were built. See whole story,
www.latimes.com.
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