A 1962 Ferrari 250 GTO made for race driver Stirling Moss has become the world’s most expensive car, selling in a private transaction last month for $35 million.
The distinctive apple-green Ferrari, one of 39 GTOs produced from 1962 to 1964, is listed among May’s high-end sales atanamera.com, a website for classic car dealers. Two specialist traders last night independently confirmed the transaction and price to Bloomberg News.
The car was sold with the last two weeks by the Dutch-born businessman Eric Heerema, owner of the Nyetimber vineyard in Sussex, southern England. The buyer is U.S.-based classic car collector Craig McCaw, the dealers said. Heerema was not available for comment when Nyetimber was contacted by Bloomberg News. McCaw was also unavailable for comment when his company Eagle River Investments was telephoned.
“The market is very active at the moment,” said James Cottingham, acquisition consultant for Ferrari dealer DK Engineering, based in Hertfordshire, U.K. “A lot of new buyers are expanding their collections and the baby-boomer generation of collectors has reached an age when they’re not using their cars as much as they used to. They want to sell.”
McCaw, who is based in the Seattle area, was the co-founder of McCaw Cellular, which was acquired by AT&T for $11.5 billion in 1993.
