The First Art Newspaper on the Net Established in 1996 United States Saturday, May 23, 2015


Red 1962 Ferrari 250 GTO Berlinetta becomes the most expensive car ever sold at auction
A 1962 Ferrari 250 GTO Berlinetta, one of 36 built in 1961-64. A 1962 Ferrari 250 GTO Berlinetta set a record on the evening of August 14, 2014 for the most expensive car ever sold at auction, for $38,115,000 USD at a Bonhams auction in Carmel, California, local media reported. The previous record was held by a 1954 Mercedes-Benz W196, which was acquired last year for about $ 30 million USD at a Bonhams auction in England. The Ferrari auction was held in a tent next to a golf club not far from Monterey, California where car auctions and shows have been going on all week. BONHAMS.
CARMEL, CA.- The 1962 Ferrari 250 GTO Berlinetta has become the most valuable car in history to be sold at auction when it realized $38,115,000 (£22,843,633 or €28,528,626) moments ago at Bonhams’ Quail Lodge Auction in Carmel, California.

Surpassing the current record of the most valuable car sold at auction, which was also set by Bonhams with the 1954 Mercedes-Benz W196 R F1 Racer that sold for $30-million at Bonhams’ Goodwood Festival of Speed Auction last year, the Ferrari GTO had been the subject of intense international interest.

Bidders from around the world were in attendance in the audience and on the telephones. The auction pavilion was filled to total capacity with overflow on the lawns watching the happenings live on the numerous television screens. After the start of a passionate bidding war that at times resembled a tennis match, complete with moments of silence interrupted by cheers, the audience erupted in applause when the fall of the gavel confirmed the final price.

Says Robert Brooks, Chairman of Bonhams, “It’s been a genuine privilege to represent this outstanding car and we are absolutely delighted with today’s results. We’ve always maintained that we would exceed the current world record and that the car would bring between $30-$40-million and today the GTO did just that.”

Demonstrating the confidence in the collector car market and the strength of the Ferrari brand, today’s new world record also reaffirms Bonhams’ position as one of the world’s leading auctioneers of rare and important motorcars.

Other cars from the very special Maranello Rosso Collection of ten important Ferraris also sold extremely well for a combined total $65,945,000 (£39,522,440 or €49,359,559).

Today (15th August) promises to be another extraordinary day as Bonhams hosts the second day of its two-day auction at Quail Lodge. Another 107 exquisite automobiles of numerous British, European and American makes and models and every vintage will cross the auction block starting at 11:00am local time. Complete details can be found at Bonhams.com/Quail.





Today's News

August 16, 2014

Red 1962 Ferrari 250 GTO Berlinetta becomes the most expensive car ever sold at auction

After Dark, the winning project in the inaugural IK Prize is revealed at Tate Britain

Sotheby's Hong Kong presents a superb 8.41-Carat Internally Flawless Fancy Vivid Purple-Pink Diamond

15 metre long floating Sea Turtle launches undersea exhibition at SEA LIFE Sydney Aquarium

A summer group exhibition featuring video-based works on view at Pace Beijing

Phillips announces Auction of Photographs from the Collection of the Art Institute of Chicago

National Gallery of Australia receives major donation from contemporary artist Dale Frank

Sotheby's Gallery in New York announces a retrospective selling exhibition of works by Rudolf Bauer

Exhibition of recent paintings by Carl Ostendarp on view at Elizabeth Dee in New York

Faggionato celebrates its 20th anniversary with ambitious group show

Historic Willoughby-Baylor House reopens with new exhibitions and updated Norfolk History Museum

Striking photographic portrait of the landscape and people of North Philadelphia published

Dürer, Rembrandt prints, British landscapes, among highlights of Norton Museum of Art's new season

Frick Collection announces election of two new board members

The Thing Itself: A summer group show on view at Yancey Richardson

Fresh Mud Pies Sitting On the Windowsill: Four artists exhibit at Samson

'Jie (Boundaries): Contemporary Art from Taiwan' at the Johnson Museum

Returning to Governors Island this September: The 7th Annual Governors Island Art Fair

Bridie Lunney named winner of 5th John Fries Award for Emerging Art

The Michael Jacksons: An Ethnographic monograph by Lorena Turner

Most Popular Last Seven Days



1.- Picasso masterpiece becomes the most valuable work ever sold at auction: $179,365,000

2.- Conceptual artist David Ireland's restored home at 500 Capp Street to open in January 2016

3.- After last month's 7.8-magnitude earthquake in Nepal, century-old Kaiser Library left in ruins

4.- Team of American explorers say pirate Captain Kidd's treasure found off Madagascar

5.- Christoph Buechel's church-cum-mosque causes controversy at Venice Biennale

6.- World's oldest complete example of 10 Commandments on rare display in Israel

7.- Go West: Artists flee exorbitant and over-crowded New York for Los Angeles

8.- All the World's Futures: 56th International Art Exhibition curated by Okwui Enwezor opens

9.- Exhibition at Museum of Modern Art explores Yoko Ono's groundbreaking early work

10.- Tsibi Geva presents a new installation for the Israeli pavilion at the 56th International Art Exhibition



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher:Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez
Social Network Manager and Translator: Norma Cristina Pérez Ayala Cano
Special Contributor: Liz Gangemi - Marketing: Carla Gutiérrez
Contributing Editor: Carolina Farias - Special Advisor: Carlos Amador

Royalville Communications, Inc
produces:

ignaciovillarreal.org theavemaria.org juncodelavega.org facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site