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02/06/2012
Ferrari 250 GTO sells for $35m

US financial website Bloomberg reports that the RHD, 1962 Ferrari 250 GTO, chassis 3505 GT, has been sold by its current owner for $35 million. Driven by Innes Ireland, the car won the 1962 Royal Automobile Club Tourist Trophy at Goodwood.

Bloomberg also states that the buyer is Craig McCaw, the Seattle-based co-founder of McCaw Cellular, which was acquired by AT&T for $11.5 billion in 1993.

The pale green Ferrari was originally part of the UDT Laystall team and was to be Stirling Moss’s car for the 1962 racing season – the year he had his life-threatening crash at the Sussex circuit in a Formula One Lotus.

It was raced extensively by Ireland in 1962, who shared it with the bespectacled American Masten Gregory at Le Mans where it failed to finish.

While Classic Driver is reluctant to report on hearsay, it is understood that this is the third GTO to have traded hands in recent months, all at ever-increasing values.

Text: Steve Wakefield
Photos: Classic Driver

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