1962 Ferrari Sells For Millions

CARMEL, Calif. (August 15, 2014) A rare 1962 Ferrari 250 GTO once owned by famed racing driver and Olympic gold medalist Henri Oreiller, sold for $34.65 million Thursday at auction in California during Monterey Car Week.

It’s believed to be a record public auction price for a classic car, topping the nearly $30 million paid for a Mercedes W196 last year in England.

The $38 million total price, including 10 percent buyer fees, is half of what experts said the car could fetch.

One example reportedly sold for $52 million in a private transaction.

The car is one of just 39 Ferrari GTOs produced.

Oreiller, a retired Olympic gold medal skier, died after crashing it into a building.

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