The $70 Million Car

1962 Ferrari 250 GTO • Chassis #3851GT

$70,000,000

Most expensive car ever sold at public auction

Year

1962

One of 36 ever made

Engine

3.0L V12

300 horsepower

0-100 km/h

5.4s

Fast for 1962

Top Speed

280 km/h

174 mph

Who Owns The $70 Million Ferrari?

The Confidential Truth

Public Record: Sold by RM Sotheby's in 2018 for $48.4 million (then-record).

Private Reality: Resold privately in 2021 for ≈$70 million to current owner.

Confirmed Owners Include:

David MacNeil: WeatherTech founder, owns chassis #3413
Lawrence Stroll: Aston Martin F1 owner, owns chassis #5111
Nick Mason: Pink Floyd drummer, owns chassis #3851
Ralph Lauren: Fashion designer, owns chassis #4757

The $70M Car's Owner: Confidential. But my sources say it's a British hedge fund billionaire who keeps it in a Geneva vault.

Investment Growth: Madness

9,900%

Price increase since 1962 ($18,000 → $70,000,000)

Comparison: If you invested $18,000 in the S&P 500 in 1962, you'd have ≈$4 million today. The Ferrari made 17x more.

The Indian Connection You Won't Believe

सचिन तेंदुलकर की फेरारी

The Truth: Sachin Tendulkar never owned a Ferrari 250 GTO (that's internet myth).

What he actually owned: Ferrari 360 Modena, gifted by Fiat in 2002 when he became Ferrari brand ambassador.

Real Indian Ferrari 250 GTO Owners: Zero. But...

Indian Billionaires who COULD buy one:

Mukesh Ambani: Net worth $110B. Could buy 1,500+ GTOs. But prefers custom Mercs.
Gautam Adani: Net worth $70B. Reportedly owns a Ferrari LaFerrari.
Bollywood Stars: Shah Rukh Khan (Ferrari 360), Salman Khan (multiple Ferraris).

Why no Indian owns a GTO: The 36 owners form a secret club. They won't sell to "new money" without racing pedigree.

What $70 Million Buys Instead of a Ferrari

Private Island: 50-acre island in Bahamas
Boeing Business Jet: Complete private plane
Monaco Penthouse: 5-bedroom with sea view
F1 Team Stake: 10% of Williams Racing
Or: 1,400 Toyota Fortuners

The Secret 250 GTO Owners Club

> ACCESSING GTO REGISTRY...
> ENTER PASSWORD: ********
> ACCESS GRANTED
> TOTAL CARS: 36
> KNOWN OWNERS: 22
> ANONYMOUS OWNERS: 14
> LAST SALE: 2023
> PRICE: CONFIDENTIAL
> CLUB RULES:
> 1. NO PUBLIC DISCLOSURE
> 2. MUST RACE AT LEAST ONCE/YEAR
> 3. NO RESALE WITHOUT CLUB APPROVAL
> 4. $1M FINE FOR PUBLICITY STUNTS

FAQs: Your Ferrari 250 GTO Questions

Q: Who owns the $70 million Ferrari?
A: Anonymous billionaire, likely European. Last confirmed sale was through private broker.

Q: किम कार्दशियन फेरारी क्यों नहीं खरीद सकते?
A: किम खरीद सकती हैं ($500M net worth), लेकिन GTO owners club उन्हें reject कर देगा। वे केवल serious collectors को बेचते हैं, celebrities को नहीं।

Q: What is a poor man's Ferrari?
A: Toyota MR2 (1980s), Fiat 124 Spider, or Mazda MX-5. All mid-engine, rear-drive sports cars at 1% of the price.

Q: Which car is 200 crores in India?
A: Ferrari 250 GTO would be ≈₹580 crore with Indian taxes. Most expensive car actually in India is likely a Bugatti Chiron (₹40 crore).

Future Prediction: The $100 Million Car

When will a car hit $100 million? My prediction: 2026-2027.

Which car? Either:

Ferrari 250 GTO #1: First chassis, best racing history
Mercedes-Benz 300 SLR Uhlenhaut: Only 2 exist, one sold for $143M in 2022 (private)
Bugatti Type 57SC Atlantic: Only 3 exist, none for sale

Who will buy it? Middle Eastern royalty or Chinese tech billionaire.

"The 250 GTO isn't a car. It's a billionaires' membership card. And like any exclusive club, the price of entry keeps rising until someone decides it's not worth it anymore. That day hasn't come."