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 Photos The previous ...

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 ...

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 ...

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 ...

Fittingly, a classic high-profile Ferrari made history before the exclusive Pebble Beach Concours d’Elegance could even get started this weekend. An extremely rare 1962 Ferrari 250 GTO – a car ...

It's big. It's bad. It's blown. It's bright. It's a real Goat, buster. And it belongs to the lucky Lynwood Wood, who lives in Tinley Park, Illinois, and sells wood floors for a living. Best of all, he ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The First Church of Christ, Scientist, and we’ve always been transparent about that. The church publishes the ...