How much is a 1970 Ferrari?
Protect your 1970 Ferrari 365 GT from the unexpected. Typically, you can expect to pay around $153,000 for a 1970 Ferrari 365 GT in good condition with average spec. The highest selling price of a 1970 Ferrari 365 GT at auction over the last three years was $325,000. In 2018, Chassis 4153 GT, a 1963 Ferrari 250 GTO, was sold in a private transaction for a staggering $70 million, setting the record for the most expensive classic car ever sold. The buyer? David MacNeil, the founder and CEO of WeatherTech, the premium automotive accessories company.Ferrari 250 GTO ($70 million) The 1963 Ferrari 250 GTO represents the apex of front-engine competition Ferrari engineering.
Is Ferrari a luxury brand?
Ferrari S. A. Italian: [ferˈraːri]) is an Italian luxury sports car manufacturer based in Maranello. Founded in 1939 by Enzo Ferrari (1898–1988), the company built its first car in 1940, adopted its current name in 1945, and began to produce its current line of road cars in 1947. Ferrari became a public company in 1960, and from 1963 to 2014 it was a subsidiary of Fiat S. A. It was spun off from Fiat’s successor entity, Fiat Chrysler Automobiles, in 2016. The company currently offers a large model range which includes several supercars, grand tourers, and one SUV.Currently, Ferrari is primarily owned by the public: 67. Public. Exor N. V. Owners of FCA) 10. Piero Ferrari.