His automotive adventure started reporting on various motorsport events as a sports writer before moving onto a full-time auto career with various sites, including This Week In Motors and ...

The New York Times reported that the "hammer price," or the actual final bid for the car, was $34.65 million. Adding the buyer's premium took it to the $38.1 million. See All 14 Photos14 The previous ...

A 1962 Ferrari 250 GTO sold at auction Thursday night in Carmel for about $38 million — a record, but far less than many experts had predicted. Classic car experts had expected the car could bring up ...

The 1962 Ferrari 250 GTO that went up for auction yesterday during the Bonhams sale at The Quail, A Motorsports Gathering finally sold for $38,115,000, setting a new record for the highest price paid ...

A Ferrari 250 GTO Berlinetta fetched the highest-ever recorded price at a public auction, selling for $38.1 million. The 1962 red two-seater was initially expected to go even higher at between $60 ...

A beautiful Ferrari 250 GTO Berlinetta has set a new global auction record this week, with the 1962 coupe seeing bidding hit $38.1m. The sale – which eclipses the previous record holder, a ...

(CNNMoney) — A 1962-63 Ferrari GTO Berlinetta was sold in California on Thursday for $38,000,000, the most ever paid for a car at auction. The price included a 10% “buyer’s premium” paid to the ...

If you want to watch the numbers fly past in dizzying array, California's Monterey Peninsula is the place to be this weekend — or this whole week, for that matter. Yes, there's the fabled Pebble Beach ...

The world record for an automobile at auction was broken for the fifth time in six years on Thursday evening (August 14, 2014) when a 1963 Ferrari 250 GTO sold at Bonham's Quail Auction for ...

Step aside, Fangio’s Mercedes-Benz W196: There’s a new auction sale price record-setter in town. Perhaps the most-anticipated car to go up for auction ahead of the Pebble Beach Concours d’Elegance-- a ...