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Thursday’s sale culminates months of furious speculation about the final price of the Ferrari, which is known by its chassis number 3851GT. Though bidding failed to meet expectations, $38 million sets a new high for a classic car market that has surged in recent years. It beats the previous record sale of nearly $30 million, for a Mercedes W196 sold in England last year.
The GTO is among the world’s most rare and coveted cars.
The car that sold Thursday, like many Ferraris of its era, was hardly coddled in its early years. The 3851GT was raced, wrecked and rebuilt more than once. Two months after it was purchased, French race driver Henri Oreiller, a retired Olympic gold-medal skier, slammed the car into the side of a building and died shortly thereafter.
Some experts had speculated that the fatal crash — the only one involving a GTO — could hurt the value of the car. Others predicted its extreme rarity — and a history of one owner for nearly a half century — would overcome any such concerns.
originally posted by: 74Templar
a reply to: Unity_99
Unfortunatly, even though I agree with your sentiments, 20 million would be like chump change for these idiots to shut you down with.
I'm sure every one of us here would take that kind of money and use it to help those closest to us and even those who need it the most, but to take on the big corps and even have a chance of winning you'd need 10x that sadly.