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What is the 70 Million Dollar Car?

Published in Automotive Records 1 min read

The 70 million dollar car is the Ferrari 250 GTO, a legendary classic automobile that holds the unofficial record for the highest price ever paid for a car. This specific vehicle was acquired by David MacNeil in a private sale.

The Historic Sale of the Ferrari 250 GTO

The transaction involving the Ferrari 250 GTO for $70 million established a new benchmark in the elite world of vintage car collecting. While other iconic classic models, such as certain Bugattis, have seen private sales in the range of $30-40 million, the Ferrari 250 GTO's sale stands as the most significant known financial exchange for an automobile.

This particular Ferrari 250 GTO is celebrated not only for its staggering valuation but also for its exceptional rarity, illustrious racing heritage, and timeless design, which collectively make it one of the most sought-after and revered vehicles among global collectors.

Key Facts About the Record-Setting Car

Aspect Detail
Car Model Ferrari 250 GTO
Sale Price $70 million
Owner David MacNeil
Record Status Unofficial World Record