Tuesday, 27 February 2018
The 1963 Ferrari 250 GTO Is Worth $52 Million But Even Nirav Modi-Like Money Can't Buy It
Nirav Modi is one of the most talked about people in the country right now. But, this story has nothing to do with him. Apart from the fact that even his 11,000 crores aren't enough to buy this 1963 Ferrari 250 GTO. Why? Let us explain... © Ferrari First, let's take a look at why it's so expensive: The market for classic cars is huge. © Ferrari Just 39 250 GTO's were manufactured by Ferrari. Every single one of them was hand-made. © Ferrari The GTO in question was the winner of the 1963 Tour de France road race. © Ferrari Okay, now you may be wondering why there's a 1962 Ferrari 250 GTO worth $38 million that keeps popping up when you search for the most expensive car in the world. The reason is because that's a different GTO altogether. Why is this $52 million GTO not considered? Simply because it was sold in a private transaction and not at auction! But, if you ask us we'd say that it could have fetched much more if it were on auction. © Ferrari Now, on to the most important question. Why can't Nirav Modi buy one? It's just $52 million, right? Nirav Modi ran away with almost $1.7 billion. Well, there are some things that money can't buy and this just happens to be one of those things. © Warner Bros. Pictures What makes it even harder is the fact that the identity of the latest owner of this car is a secret. Considering how Nirav likes to collect expensive cars, we're guessing this one would interest him too. Unfortunately, like how PNB feels about him, this GTO will always be the one that got away.
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