1962 Ferarri GTO most expensive car in the world

MONTEREY, CA (CNN) – A car from the 1960s is now the most-expensive cars in the world.

A 1962 Ferrari GTO Berlinetta was sold in California for $38 million! That is the highest price ever paid at auction for a car!

What makes it so unique? This car was previously used in a race that crashed and killed its owner. It was rebuilt in 1963 at the Ferrari factory, and ran in several other races.

A similar one was privately sold for $50 million. No word on the identity of the new owner or owners, though they obviously had money to burn!


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