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Ferrari GTO Sells For $38 Million

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By Paul Johnson

Monterey, California (CNN) - You are looking at one of the most-expensive cars in the world.
This 1962 Ferrari GTO Berlinetta was sold in California for $38 million dollars.
That is the highest price ever paid at auction for a car!
What makes it so unique?
This car was previously used in a race -- that crashed and killed its owner.
It was rebuilt in 1963 at the Ferarri factory, and ran in several other races.
A similar one was privately sold for 50 million dollars.
No word on the identity of the new owner or owners, though they obviously had money to burn!


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