David Lee, CEO of the Hing Wa Lee luxury watch and jewelry group and noted Ferrari collector, brokered the deal for a 1962 ...

Classic Ferraris with racing pedigree are the blue-chip investments of the auto world, steadily rising in value as time goes on – good news for anyone planning to pick up an F80 or an 849 Testarossa.

The only factory white Ferrari 250 GTO ever built is about to test the upper limits of the collector-car market, with expectations that it could change hands for a figure that would make even seasoned ...

More than 60 years after the 36th and final Ferrari 250 GTO was built, the front-engined homologation specials are still the most desirable cars to ever wear the Prancing Horse. That makes GTOs the ...

Built in only 36 units from 1962 to 1964, the Ferrari 250 GTO is one of the company's most successful race cars. It also developed into arguably the most iconic rig to wear the Prancing Horse badge.

A 1962 Ferrari 250 GTO sold for $48.4 million at RM Sotheby's annual Monterey collector car sale -- a world record for any car ever sold at auction. Up until now, a 1962-63 Ferrari GTO, which sold for ...

A 1962 Ferrari 250 GTO Bianco Speciale brought in a whopping $38.5 million dollars at Mecum's recent auction in Kissimmee. Read full article: The Central Florida Fair is back in town Feb. 26 - Mar. 8 ...

MONTEREY COUNTY, Calif. (KSBW) — Mecum Auctions has unveiled the rare 1962 Ferrari 250 GTO to the public for the first time ahead of its scheduled auction in January in Kissimmee, Florida. The car, ...

Ferrari only manufactured 39 of the cars. — -- A 1962 Ferrari 250 GTO Berlinetta sold at auction Thursday for $38 million, including a buyer’s premium -- the highest auction price ever realized ...