$16.4M Ferrari Becomes Most Expensive Car
5:21 pm, August 21st | by Hillary Reinsberg
In the spirit of our favorite hobby: telling you about expensive stuff, here’s a car that sold for $16.39 million on Friday, the highest price ever publicly paid for a car. For car geeks: its a 1957 Ferrari 250 Testa Rossa prototype. For the rest of you: it’s a red Ferrari from the 50′s and it’s cool.
Jalpopnik reports that the car sold for $14.9 million, but with a $2 million buyers’ premium tacked on, the total comes to $16.39 million. The car sold at the Gooding auction in Pebble Beach, California. What makes this thing so hot? The Wall Street Journal says the breed of racing Ferraris is very popular in general, but that the car’s ownership record and race-winning status makes it particularly desirable. On top of that, it’s the prototype, meaning it was the first in the series of the cars produced.
Strangely, however, it’s been burned to a crisp twice though. Adds to the history, we suppose.
So, can we expect someone to be rolling down Rodeo Drive in the thing? Unlikely. “It’s more of a museum piece,” Bloomberg says.