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☆ A 1954 Mercedes worth up to $70 million will be among legendary racing cars up for sale soon
▼ + stars: | 2024-08-13 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

CNN —A 1954 Mercedes-Benz W196 Streamliner valued between $50-70 million is among the historic cars set to be sold by the Indianapolis Motor Speedway Museum. “These vehicles will be some of the world’s most significant cars ever sold,” Gord Duff, global head of auctions at RM Sotheby’s, said in the statement. The cars will be sold at different events late this year and in 2025, according to the statement. In 2022, a very rare 1955 Mercedes-Benz SLR coupe that had been kept in the German automaker’s collection was sold to a private buyer for €135 million ($142 million at the time). “The Ferrari 250 GTO is the motoring market’s equivalent of Van Gogh’s ‘Sunflowers’ and a talisman for any top-end collection,” he said.

Persons: Mercedes, Juan Manuel Fangio, Stirling Moss, Fangio, Moss, Ferrari 250LM, Ferrari, Ford GT40, ” Gord Duff, Joe Hale, “, Laurin, Mercedes Brookland, Craig Breedlove, Lee, David MacNeil, James Knight, Van, ” Organizations: CNN, Benz, Indianapolis Motor Speedway Museum, Chief, Sotheby’s, Prix, Le, Sotheby's, Chevrolet Corvette SS, XP64, Ford, Indianapolis, Indianapolis Motor, Indianapolis Motor Speedway, Le Mans, IMS, Klement, Ferrari Locations: Buenos Aires, Argentina, Monza

☆ Most expensive Ferrari ever auctioned fetches $51.7 million
▼ + stars: | 2023-11-15 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —A 1962 Ferrari 250 GTO has sold for $51.705 million, becoming the most expensive car from the Italian manufacturer ever sold at auction. “Now, it ranks among the most expensive cars sold at auction, a true testament to its singular place in history,” he added. Only 39 examples of the 250 GTO were built by the legendary Italian marque between 1962 and 1964, and it’s extremely rare for an owner to part with one at any price. Renowned car collector David MacNeil, founder and CEO of automotive floor-mat company WeatherTech, bought chassis number 4153 GT for $70 million in 2018. “The Ferrari 250 GTO is the motoring market’s equivalent of Van Gogh’s ‘Sunflowers’ and a talisman for any top-end collection,” said Knight.

Persons: Gord Duff, ” Duff, Le, ”, David MacNeil, James Knight, Van, “ Organizations: CNN, Ferrari, Scuderia Ferrari Locations: Sotheby’s, New York

☆ A rare, bright-red Ferrari 250 GTO that initially sold for $6,000 in 1964 could soon be auctioned for $60 million
▼ + stars: | 2023-08-18 | by ( Nidhi Pandurangi | ) www.businessinsider.com time to read: +3 min

RM Sotheby's has put up a 1962 Ferrari 250 GTO for auction for around $60 million. Car collectors love the GTO model Ferraris because of their championship history, Gord Duff, RM Sotheby's global head of auctions, told the Journal. In fact, another 1962 Ferrari 250 GTO was auctioned by RM Sotheby's for more than $48 million back in 2018, CNBC reported. A 1963 Ferrari 250 GTO was reportedly bought by David MacNeil, the founder, and CEO of WeatherTech, for $70 million in 2018, per various media reports at the time. RM Sotheby's sold a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe for the equivalent price of $142 million last year.

Persons: Jim Jaeger, Jaeger, Ferrari, Gord Duff, That's, David MacNeil, Sotheby's, Duff Organizations: Sotheby's, Ferrari, Service, Street, Scuderia Ferrari, CNBC, CNN, Benz Locations: Wall, Silicon, Ohio, Detroit, New York, Monterey , California, it's

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