Can Money buy Happiness?

23 February 2023

The world of high-end classic cars and supercars looks recession-proof, regardless of the state of the global economy.

For decades, the prices have constantly been rising, and buying a unique and highly sought-after artwork on four wheels seems a great way to invest.

The newest record sale in the classic car world is the 1955 Mercedes 300 SLR Uhlenhaut Coupé with an almost $143 million sale price.

For years, the 250 GTO held the title of the world’s most expensive car. With only 36 cars ever produced, with incredible history, every time one comes on for sale, you can be sure that the price tag will be astonishing.

A 1963 Ferrari 250 GTO, Chassis Number: 4153GT, which won the 1964 Tour de France race, set the record at an estimated $70 million, although this is considered conservative.

The buyer, Mr David MacNeil, is already a well-known owner of numerous Ferraris.

Whilst Mr MacNeil was committed to the car, which was already in excellent condition, he still felt it wasn’t perfect; he decided to restore it to its original at an estimated cost of $20m.

David MacNeil’s pleasure comes from his family and his displaying and racing his other Ferraris’.

I wonder if the same fate awaits 4153GT.