A Ferrari 250 GTO was sold at RM Sotheby's on Saturday night for a record $48.4 million as part of the Pebble Beach Concours d'Elegance.
This article screams of a top in the financial markets, $48M for a car, people are making stupid money in the markets and have nothing better to do with it then waste it on toys like this. The Ferrari 250 GTO is a beautiful car, no doubt, but come on, $48M, no way.
Read the full story here...
https://www.cnbc.com/2018/08/27/most-expensive-car-ever-sold-at-auction-fetches-48-million.html