Ferrari 250 - GTO 5111

Ferrari 250 GTO Pictured below sells for a new record of $52m. 

Awaiting photo.

 The car in question is number 5111 GT.  Why is 5111 GT worth so much?  It has race history.  For example, it was piloted by Jean Guichet in 1963 to a Tour de France victory. See also: 250 GTO Moss.

With this reported $52M price tag shows the exponential increase in GTO values.  You may remember it was only three years ago, 2010, that one was sold for $19M, less than half of the current value.