June 10, 2012 - 19:05 AMT
1962 Ferrari 250 GTO most expensive car purchased in history

A 1962 Ferrari 250 GTO race car originally built for racing legend Stirling Moss has been sold and is reportedly the most expensive car purchased in history, weighing in at a cool $35 million, according to TG Daily.

The 250 GTO isn't in a color a Ferrari might be expected to be covered in, as it is painted in the mint green color Moss used for his UDT-Laystall race team. This particular Ferrari was ultimately raced by a British driver named Innes Ireland at the 1962 24 Hours of Le Mans - instead of Moss. Ireland ended up piloting the 250 GTO to a win in the 100 lap Tourist Trophy, the report says.

The Ferrari 250 GTO is chassis number 3505 and was purchased by American billionaire Craig McCaw for $35 million, beating the previous purchase price record by $1 million. The former record was held by Peter Mullin, who owns the Automotive Museum in Los Angeles. Mullin reportedly paid between $30 and $34 million for 1936 Type 57SC Bugatti Atlantic in 2010.