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The Independent UK
The Independent UK
National
Martha McHardy

Vintage 1962 Ferrari sells for more than $50m at New York auction

AFP

A vintage 1962 Ferrari sold for more than $50m at a New York auction, making it the second most expensive car ever to go under the hammer, says Sotheby’s.

The bright red GTO had belonged to an American collector for the past 38 years but was sold on Monday for $51.7 million after just a few minutes of bidding. Sotheby’s did not identify the winning bidder.

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