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May 19, 2008

1961 Ferrari 250 GT SWB Sold for a Record Breaking $10,976,000

A new world record for the most expensive car sold was set on Sunday May 18th, when RM Auctions, in association with Sotheby’s, managed to auction a 1961 Ferrari 250 GT SWB California Spyder for a mind blowing $10,976,000 or €7,040,000 (exchange rates on May 19, 2008). The winning bidder was UK radio DJ, Chris Evans. Last year’s record was set by a 1962 Ferrari 330 TRI/LM that went down for $9.3 million -see more details on 2007’s most expensive cars here. -Continued