Ferrari is worth 51.7 million, making it the most expensive classic car in 2023

Mondo Cars Updated on 2024-01-19

Among the most expensive cars of 2023, Ferrari is in the spotlight, with the 1962 Ferrari 330 LM 250 GTO being the most expensive car ever auctioned at a record $51.7 million. This classic race car designed by Scalidi has aroused a lot of interest among collectors and underlines Ferrari's unique position in the car auction market. Remarkably, six of the ten most expensive cars in the 2023 public auction are Ferraris, further underlining the brand's preeminence.

Other notable deals include the 1962 Ferrari 250 GT SWB California Spider for $18 million, the 1964 Ferrari 250 LM for $17 million, and the 1967 Ferrari 412P Berlinetta for $30.2 million**.

In addition, the 1957 Jaguar XKSS cost $13.2 million.

The 2022 Bugatti Chiron Profilée at 9.7 million euros.

and the $18.8 million sale of a Formula 1 Mercedes-Benz car, both showcasing the dynamism of the vintage and modern car markets.

However, while the automotive market has always been a hot area for collectors, weak results in the second half of the year and macroeconomic factors, such as the Russia-Ukraine war, may have had an impact on collector interest. **classic., which collects data on classic carsCarlis, founder and CEO of com, noted that top collectors are starting to pay attention to macroeconomic events and think about future investment trends. While the automotive market still attracts passionate collectors, the changing market trends have caused some cautious wait-and-see within the industry.

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