Rediff.com« Back to articlePrint this article

Classic Ferrari to become world's most expensive car

Last updated on: December 27, 2012 16:34 IST

A 1960 classic Ferrari could fetch a whopping four million pounds and become one of the world's most expensive cars when it is auctioned next month.

The stunning 250 GT SWB Berlinetta Competizione is one of just 74 models built by the Italian car maker.

It's three-litre V12 engine gives a 0-60mph time of less than six seconds.

Click NEXT to read further. . .

Classic Ferrari to become world's most expensive car

Last updated on: December 27, 2012 16:34 IST

A similar model sold in 2011 for over 3.1 million pounds.

The classic Ferrari market has skyrocketed over the past 18 months, The Sun reported.

The 250 GT was the 17th model in the series to roll off the production line in 1960 and has had just four owners over the past 52 years.

Click NEXT to read further. . .

Classic Ferrari to become world's most expensive car

Last updated on: December 27, 2012 16:34 IST

US auctioneer Shelby Myers said: "There is nothing that trumps the magnificent style, drivability, and sound of the 250 SWB Berlinetta.

"Ultra-exclusive, it is certainly one of the most desirable Ferraris ever produced.

"Rarely do such important cars come to public market," Myers said.

© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.