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(CNN)   Car sells for $38 million, still doesn't have a cup holder   (money.cnn.com) divider line 37
    More: Dumbass, GTO, Ferrari GTO, Ferrari  
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2757 clicks; posted to Geek » on 15 Aug 2014 at 5:10 PM (9 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



37 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest
 
2014-08-15 03:01:59 PM  
Worth it.
 
2014-08-15 04:17:09 PM  
I'd like to see the accumulated numbers at the end of the week for all the cars sold at auction in Monterey.

Russo & Steele has a gorgeous 21 window VW bus I've been drooling over.
 
2014-08-15 04:35:27 PM  
pfft, mid year model.. little bit of 62 little bit of 63, you can never find parts for them

had a damn 72/73 camero that had the sport trim and the base drive train. worthless piece of crap, sold it to some twit for $1500
 
2014-08-15 05:03:53 PM  

Tr0mBoNe: Not Worth it.


FTFY.
 
2014-08-15 05:16:11 PM  
I'm guessing we are in the midst of a Ferrari bubble. Suddenly thousands of collectors are going to realize "WTF am I doing!?!" and flood the market, killing the prices over night.
 
2014-08-15 05:16:48 PM  
Ahh, high school! When wasn't with the chess club or crawling through an imaginary dungeon I could always be found out in the garage, covered in grease working on my car. Nothing says 'geek' quite like hanging out with the guys talking about cars!
 
2014-08-15 05:34:10 PM  
gopher321: Tr0mBoNe: Not Worth it.

FTFY.


FTFY
 
2014-08-15 05:35:25 PM  

cgraves67: I'm guessing we are in the midst of a Ferrari bubble. Suddenly thousands of collectors are going to realize "WTF am I doing!?!" and flood the market, killing the prices over night.


Dude, in my neighborhood what qualifies for rednecks around here use Ferraris as lawn ornaments.

i.imgur.com
 
2014-08-15 05:36:31 PM  
This is the one and only time autoplay video won't make me stabby.
 
2014-08-15 05:38:29 PM  

Cerebral Knievel: pfft, mid year model.. little bit of 62 little bit of 63, you can never find parts for them

had a damn 72/73 camero that had the sport trim and the base drive train. worthless piece of crap, sold it to some twit for $1500


Camero/Ferrari, same thing really.....


www.gifsforum.com
 
2014-08-15 05:41:55 PM  

redsquid: Ahh, high school! When wasn't with the chess club or crawling through an imaginary dungeon I could always be found out in the garage, covered in grease working on my car. Nothing says 'geek' quite like hanging out with the guys talking about cars!


I'm currently surrounded by car geeks.

It isn't high school any more.
 
2014-08-15 05:41:57 PM  

Tr0mBoNe: Worth it.


Yep.  I'm amazed to see it sell for nearly twice the price the last one sold at (which held the record until I think a Bugatti came along and matched it.)
 
2014-08-15 05:58:46 PM  

cgraves67: I'm guessing we are in the midst of a Ferrari bubble. Suddenly thousands of collectors are going to realize "WTF am I doing!?!" and flood the market, killing the prices over night.


Doubt it since you can't make any more of them and they are beautiful.  New ones sure but 1960s Ferraris will always be worth a huge premium.
 
2014-08-15 06:05:25 PM  

Tr0mBoNe: Worth it.


Compared to the $50mil reported private sale this is a deal. I can only imagine the collection of cars that could be built and bought for that price...hell 6 new lightweight jags are in the works...could buy them all and still have change for dinner.
 
2014-08-15 06:09:42 PM  
Better lock the garage, eh Mr. Frye.
 
2014-08-15 06:26:01 PM  
img1.fark.netimg1.fark.netimg1.fark.netimg1.fark.netimg1.fark.netimg1.fark.netimg1.fark.netimg1.fark.net
 
2014-08-15 06:43:07 PM  

brandent: cgraves67: I'm guessing we are in the midst of a Ferrari bubble. Suddenly thousands of collectors are going to realize "WTF am I doing!?!" and flood the market, killing the prices over night.

Doubt it since you can't make any more of them and they are beautiful.  New ones sure but 1960s Ferraris will always be worth a huge premium.


Yup. The number of guys for whom $40 million is "doable" exceeds the number of 250 GTOs.

The guy who bought it will sell it in a few years, and the difference he makes will be more than I'll earn in my lifetime
 
2014-08-15 07:02:54 PM  
Is the price lower because someone died in it or higher because of the great backstory?
 
2014-08-15 07:14:03 PM  

Massa Damnata: Cerebral Knievel: pfft, mid year model.. little bit of 62 little bit of 63, you can never find parts for them

had a damn 72/73 camero that had the sport trim and the base drive train. worthless piece of crap, sold it to some twit for $1500

Camero/Ferrari, same thing really.....


[www.gifsforum.com image 320x235]


Is a camero something like a Camaro?
 
2014-08-15 07:32:37 PM  
Filthy-rich moron wraps car around light post in 5....4....3....2.....
 
2014-08-15 08:00:23 PM  

Herr Flick's Revenge: Massa Damnata: Cerebral Knievel: pfft, mid year model.. little bit of 62 little bit of 63, you can never find parts for them

had a damn 72/73 camero that had the sport trim and the base drive train. worthless piece of crap, sold it to some twit for $1500

Camero/Ferrari, same thing really.....


[www.gifsforum.com image 320x235]

Is a camero something like a Camaro?


Something like that, only weigh better
 
2014-08-15 08:01:15 PM  
I don't have an issue with this thing selling for this price.  What I think is completely obscene is that these are are generally not driven and loved.  They are normally placed in their own special spot in a private showroom and shown to friends, business associates, etc.

It needs to be driven, raced and loved.

//sad.
 
2014-08-15 08:05:42 PM  

paulleah: It needs to be driven, raced and loved.


Some actually are raced at the Goodwood Festival of Speed.
 
2014-08-15 08:12:23 PM  

paulleah: I don't have an issue with this thing selling for this price.  What I think is completely obscene is that these are are generally not driven and loved.  They are normally placed in their own special spot in a private showroom and shown to friends, business associates, etc.

It needs to be driven, raced and loved.

//sad.


Agreed. Most of these cars see 5000km worth of usage, at most, and then are resold. (and that doesn't consider all the time they sit idle collecting dust)

Say what you will about the value, but that isn't vehicle enjoyment.

/Has met Ferrari owners who refuse to take theirs out because the sky is overcast. Lame!!!
 
2014-08-15 08:12:52 PM  

Glitchwerks: paulleah: It needs to be driven, raced and loved.

Some actually are raced at the Goodwood Festival of Speed.


I am currently sitting at Laguna Seca watching historic races. I have seen cars from 1911 thru 1992 on the track. Cars that have ran Le Mans, F1, the Indy 500 etc. The Ferrari in the article is a different beast. I'm sure it will get a little road time, but if its tires ever touch a track it will be a parade lap.
 
2014-08-15 08:20:53 PM  
users.rcn.com
 
2014-08-15 08:32:18 PM  

blacksharpiemarker: /Has met Ferrari owners who refuse to take theirs out because the sky is overcast. Lame!!!


I don't like that either.  I own one (a California; the chick Ferrari).  I love driving it in the rain.  I also drive it all the time with the dogs.  I see it as just a car, albeit an expensive one.  Don't think I'd do that with an Enzo-period Ferrari though.  Unlike mine, that would really be an irreplaceable piece of history.
 
2014-08-15 09:08:48 PM  

crotchgrabber: I am currently sitting at Laguna Seca watching historic races. I have seen cars from 1911 thru 1992 on the track. Cars that have ran Le Mans, F1, the Indy 500 etc. The Ferrari in the article is a different beast. I'm sure it will get a little road time, but if its tires ever touch a track it will be a parade lap.


Seriously, 250 GTOs do show up at historic races like Goodwood.

Speedhunters even commented on it during a write up of the event that they were amazed that the owners were taking such a big risk with a $20 million (at that time) car.
 
2014-08-15 09:18:52 PM  
 
2014-08-15 10:08:00 PM  
Yeah. I lived in Monterey (Ok Seaside) and you are right.  Some owners are very appreciative of the cars and let them out to stretch their legs. Goodwood is another example.

Its not the rule.  But I salute those guys who will take these beautiful machines and let them run as intended.
 
2014-08-15 10:13:11 PM  
So what do you say? Is it the new Farkmobile or what?

Fix the cigarette lighter.
 
2014-08-15 10:13:47 PM  

Glitchwerks: I found the article for you, if you are interested:

http://www.speedhunters.com/2008/10/event_gt_gt_the_goodwood_revival _t he_right_crowd_the_right_stuff/


Well that is quite cool. Thank you.

There always seemed to be a disconnect between vintage racers and ultra high end collectible cars in my experience. Usually the top end stuff we have racing here is in the 7-10 million range. Or the one off race cars with insane provinonce. I'm glad there is at least one wealthy lunatic willing to put a car like that out there.

And if I never see another Ferrari it will be too soon. If there happens to be a cool car thread next week I'll have some pictures of some strange shiat I see this weekend.
 
2014-08-16 01:10:52 AM  

Geotpf: [img1.fark.net image 77x27][img1.fark.net image 77x27][img1.fark.net image 77x27][img1.fark.net image 77x27][img1.fark.net image 77x27][img1.fark.net image 77x27][img1.fark.net image 77x27][img1.fark.net image 77x27]


Seriously, why the fark does the CNN logo look like this?
 
2014-08-16 12:48:13 PM  
Great. You bought the car that is almost as fast, controllable and masculine as the Shelby Cobra... which was built for the sole purpose of destroying the GTO.

On the other hand, you can now buy a Bluetooth headset, wraparounds and look like a California Cock.

img.photobucket.com

Owning a Ferrari (which are little more than Fiats at this point - or in the early '60s) is akin to having a supermodel girlfriend: Pretty. Useless.
 
2014-08-16 02:41:11 PM  

Iwouldhitit: blacksharpiemarker: /Has met Ferrari owners who refuse to take theirs out because the sky is overcast. Lame!!!

I don't like that either.  I own one (a California; the chick Ferrari).  I love driving it in the rain.  I also drive it all the time with the dogs.  I see it as just a car, albeit an expensive one.  Don't think I'd do that with an Enzo-period Ferrari though.  Unlike mine, that would really be an irreplaceable piece of history.


That's the right attitude as far as I'm concerned. Good for you my friend. :)

It's important thing to recognize the artistry and engineering the brand represents. It's another thing entirely to lose perspective to the point where you don't allow yourself to enjoy it!
 
2014-08-16 02:50:04 PM  

Jedekai: Owning a Ferrari (which are little more than Fiats at this point - or in the early '60s) is akin to having a supermodel girlfriend: Pretty. Useless.


What do you have against Fiats? Both are fantastic brands full of character. Few vehicle brands are as enjoyable to drive as a Fiat or a Ferrari.

www.lmpcars.com
 
2014-08-16 06:48:16 PM  

blacksharpiemarker: Jedekai: Owning a Ferrari (which are little more than Fiats at this point - or in the early '60s) is akin to having a supermodel girlfriend: Pretty. Useless.

What do you have against Fiats? Both are fantastic brands full of character. Few vehicle brands are as enjoyable to drive as a Fiat or a Ferrari.

[www.lmpcars.com image 574x408]


Agreed. check out the Fiat 600 Jolly I saw today...

i.imgur.com
 
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