A Ferrari originally built for Stirling Moss has sold for a world record £22.7million.
The
Ferrari 250 GTO, which was owned by UK-based businessman Eric Heerema,
has been sold to a businessman in the US for the eye-watering sum.
It
is one of eight classic Ferraris to change hands over the past six
weeks for a staggering £97million ($150 million), with demand in the
classic car market showing no sign of relenting. The car was made by the
Ferrari factory in 1962 for Moss.
Another seller is Chris Evans, with the radio presenter
understood to have sold his Series II Ferrari 250 GTO for around
£18million - a £6.5million profit in just two years.
John
Collins, who runs Ascot-based blue chip dealer Talacrest, has been
involved in five of the eight deals and describes the current situation
as 'crazy'.
The dealer has refused to confirm the owners involved
in the transactions - but he believes prices are going to continue to
soar for classic Ferraris.
He said: 'I've never seen anything like it. It has gone crazy.
'I
was speaking to a Chinese customer and asking him why it’s happening
and he said there are three things worth investing in at the moment -
diamonds, Andy Warhols and classic Ferraris.
'You get a lot more
from owning a classic car and driving it than worrying at night about
whether your money is safe in the bank.
'And there’s also a lot of the kudos with the 250 GTO celebrating its 50th anniversary this year.
'In the 1980s and 1990s it was different, people were borrowing to buy these cars but now it is all cash.
'Back
then I could pick up a phone and buy any Ferrari I wanted. I can't do
it now, everything has changed over the past four years.
'I have
sold the Stirling Moss GTO twice before. In the mid-90s it was in my
showroom for three months before I sold it for £4million.
'In
that showroom I had around 20 cars worth about £20million. That was
1996. If I still had those cars they would be worth £200 million. I wish
I hadn't sold them.'
The cars sold over the past eight weeks
includes three Ferrari 250 GTOs totaling just around £58million
alongside two Ferrari 250 California Spyders and a short wheelbase 250
Berlinetta.
The strongest market at the moment is for Ferraris
built in the 1950s and 1960s - with the 250 GTO the car investors are
clamouring to buy.
Just 39 Ferrari 250 GTOs were made between 1962 and 1964 with Enzo Ferrari selling them for £6,000.
The
250 GTO was fitted with a 3-litre V12 engine developing 300bhp -
meaning a 0-60mph time of 6.1 seconds and a top speed of 174mph.
Jon
Hunt, who owned the Foxtons estate agency, sold his Ferrari 250 GTO in
February for a then world record £20.2 million - only to have that
record shattered by the sale of Heerema’s green model.
Other 250
GTO owners include Ralph Lauren and Nick Mason, with the Pink Floyd star
often spotted driving around England in his model, which has the plate
‘250 GTO’.
Mr Collins revealed customers are coming from all over the world to get their hands on the Italian cars.
The
dealer currently has a 1967 Ferrari 330 P4 which Jackie Stewart
described as one of his favourite cars to drive. He wants £16.2million
for it.
He added: 'If someone wanted to sell their Ferrari 250
GTO I could find a buyer in 30 seconds. I have got two people looking
for one as we speak.
'I am selling all over the world including the Middle East and China.
'If China really opens up it could spell trouble for the market as they will all be shipped over there and never sold on.'