GTO 5095GT sold?

According to Barchetta.cc:

Ferrari prices are on top right now and it seems that this boom will last for long. The benchmark for this market, a Ferrari 250 GTO'62 has changed hands recently for reportedly € 14.0mio+. Chassis 5095GT went from its long time German storage to the UK and hopefully we will see this car soon back on the track.

http://www.barchetta.cc/All.Ferraris/mercato.summary/index.html

Any confirmations to this report and where did the the car went?

 

Sold $18 million +. May 2007
To Scotland

Paul

 

cheap

 

i am assuming its the same one that was at silverstone in june for the 60th anniversary celebrations ?

 

was the car stored in germany ? 5095GT was one of the few GTO i´ve never seen in person.
i thought it was owned by the samsung chairman lee in korea.

 

Correct

 

No.
The one at Silverstone was Irvine Laidlaw's, registered 6 GTO.
# 3527

Paul

 

Is there a 250 GTO Registry on F- Chat?

If not, can someone start one? (an expert hopefully!)

 

Any pic ?

 

Wasn't it the car that was in a Museum (Nurburg) and had lost its original engine ?

 

The barchetta registry isnt too far off.

A few GTOs have traded over the last couple of years and have passed in to the hands of very private collectors who have requested to remain anonymous and these details aren't listed on barchetta.

With respect to these anonymous owners I dont think it should be disclosed here

 

im in 2 minds about this.

maybe the prices paid could remain anonymous but im not so sure about the ownership.
when someone buys a historic car like this they become part of its history.
no one enters into such a deal without knowing these cars are much loved and followed etc, so to expect to remain an anonymous owner is somewhat shortsighted and even in some ways selfish.

 

I dunno.

If I buy a GTO and spend $18MM for it, maybe I don't want every Tom, Dick and Harry to know who I am. Maybe my insurance company would prefer I remain somewhat anonomous to get the best possible rate, whcih still must be a pretty hefty sum for the car.

Or perhaps, like any other Ferrari owner, what I own is my business, not the world's business.

I've been to shows where very exculsive Ferraris have be displayed for all to see and enjoy. Without disclosing ownership. Did that in any way take away from the experience, I don't think so. The owner, or owners, were free to mingle with the crowd without being mobbed like some bizarre automotive superstar.

I've also been to see a collection worth in excess of $100MM where everyone knows who the owner is, and what cars he has. Did that add to the experience? Nope.

I think ownership is a private issue, and it should be left to the individual owner to decide if his information is added to the public domain.

DM

 

Whew. That shouldn't be far away from the most expensive car purchase ever, are there any numbers about such a record?

 

26 million $ for a GP MB Silver Arrows

 

Which one?

 

Strange, I recently saw a list in German magazine "Auto Bild" which claimed that the record was around 6 million for Bugatti, I knew it was inaccurate simply because I knew GTOs were far more expensive, but 26M is... a lot. Well - Auto Bild. Thanks!

 

Auto Bild are partially correct - the Royale still holds the record for the most expensive car to sell at auction.

Ben

 

It was a while ago but I think it was one like these:


http://www.classicdriver.com/uk/magazine/3300.asp?id=13499

 

This is the rumoured price that the only Mercedes W196 in private hands sold to Bahrain a couple of years ago. Would be interesting to know if we will ever see a car like a Bugatti Royale or GTO sold at auction. What would it go for, would anyone bid to that level in public ??. We will see what happens, wont we ??
Timothy

 

The Bugatti Royale that sold about 12 years ago reported went for 18 million.

 

There are two GTO's for sale here http://www.ferraribuy.com/ under "250". Both at the same place in Italy, euro - 23,500,000 and 13,500,000, I wonder if they are genuine ads though? Anyone want to call!!!

 

Was this one bought by Volkswagen? I heard or read somewhere (must be true then...) that they bought two Royales around '99 - the Henry Binder Coupe de Ville, and the Berline de Voyager. Deep pockets indeed.

Anyway, back on topic - I have a remote feeling that I might know who the buyer of 5095GT is, just a shot-in-the-dark hunch though, brought on by a couple of interesting circumstances that I know of. If my thinking's right, it's nice to know someone not that far from me has indulged in such fabulous exotica - if I had the means, I certainly would!

Ben

 

I would just like to point out that no w196 was sold in Bahrain ... interesting rumor wonder where that came from .. I find F-Chat fascinating sorry of this is off topic

 

"Maybe the prices paid could remain anonymous but im not so sure about the ownership.
when someone buys a historic car like this they become part of its history.
no one enters into such a deal without knowing these cars are much loved and followed etc, so to expect to remain an anonymous owner is somewhat shortsighted and even in some ways selfish"

I couldn't agree more -

There was talk of a GTO traded in the US for a California Spyder and cash 3-4 yrs ago; the highlighted Mercedes W196 was supposedly brokered by a UK dealer to a new German owner; Bentley Old No1 was allegedly the subject of a similar deal involving a UK bank and Volkswagen has relatively recently discreetly purchased Bentley "Old No 2" for its collection in Crewe UK.

If you're a billionaire collector - if you want a "No -stories" history GTO or Alfa 2.9 or Mercedes W196 or Bugatti Royale whether its €14 million or €18 million is of little consequence, there's only so many cars to choose from - if the opportunity presents itself to "do a deal" out of the public spotlight, either directly or via a discreet broker -you'll take it! Remember what happened to the "big ticket" lots at the first all Ferrari sale in Maranello somtime back!

The global market knows who the owners of these cars are and whilst agreeing that a degree of anonymity in the purchase transaction is a good thing, the new owner has an obligation as a custodian to maintain the history of a given prized automotive jewel.

There are doubtless many deals that have been completed in this way and if it is the case - its good to know that 2 of the GTO's that have changed hands in recent times are with new custodians in the UK - and of equal importance, used for intended purpose.