The 2018 Monterey Car Week and Pebble Beach Concours d?Elegance ended on a high note. There were two record sales that dominated this year?s event. It commemorated the most expensive American car ever sold at an auction. Total sales amounted to a staggering $368 million. This is a 12 percent increase over 2017, which managed a cumulative total of $323 million by comparison.
Here are the five most expensive cars sold during the 2018 Monterey Car Week.
1. 1962 Ferrari 250 GTO – $48.4M
The 1962 Ferrari 250 GTO earns the distinction of being the most expensive car sold at auction in history. It exchanged hands for a staggering $48,405,000 at RM Sotheby?s. It eclipsed the old record established by a similar Ferrari 250 GTO back in 2014. Why the exorbitant price tag" The car competed in twenty official races and was never involved in a crash. It also happens to be the original test car of Phil Hill, who happens to be the only American driver to win the Formula One World Driver?s Championship.
1962 Ferrari 250 GTO. Photo: RM Sotheby?s.
2. 1935 Duesenberg SSJ Roadster – $22M
This 1935 Duesenberg SSJ Roadster sold for an eye-watering $22,000,000 by Gooding & Company, the most expensive American-made car ever sold at auction. Equipped with a massive supercharged 7.0-liter inline eight-cylinder motor that produces 400 horsepower, it?s no wonder why this Duesy was able to surpass the previous sales record set by the 1962 Shelby “CSX 2000” 260 Cobra in 2...