The 1963 Ferrari 250 GTO, known as the Holy Grail model, won the Tour de France in 1964, which is one of the world’s most famous and historic motor races. For years, the Ferrari, likened to a Picasso of the motoring world, has been based in Germany but shown and driven at events around the world.
The Ferrari has now been sold for $70 million, a record-breaking figure for a car.
Mr. Massini added he was confident a GTO would be sold for $100 million within five years.
During the 1990s, the GTO was restored by Hertfordshire-based DK Engineering. The bluechip car specialist wasn’t involved in the $70 million deal.
The Ferrari 250 GTO is the most sought after classic car because of its perfect blend of looks, rarity and performance on both the track and public road.