The Ferrari 250 GTO that sold at the RM Sotheby’s auction in Monterey, California on Saturday for 48.4 million dollars. This beauty won the 1962 Italian GT championship, as well as over 15 race victories from 1962 to 1965. Among its drivers were Phil Hill, who was the first American to be a Formula 1 World Champion. I wanted to buy this, but I needed to spend my money on a new water heater.
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