RM Sotheby’s celebrated a historic auction in Monterey this weekend, selling a total of $158 million of cars over its exclusive two-day auction. A new world record was set for the most valuable car ever sold at auction, with a 1962 Ferrari 250 GTO making $48,405,000. Other notable auction results saw a one-off 1963 Aston Martin DP215 Grand Touring Competition Prototype achieve $21,455,000, and a 1966 Ford GT40 Mk II make $9,795,000.

1962 Ferrari 250 GTO

The Monterey auction’s headline lot, a 1962 Ferrari 250 GTO with chassis no. 3413, was up for sale after two decades in the collection of noted businessman, Ferrari enthusiast, and vintage racing driver Dr. Gregory Whitten. Long considered the ‘Holy Grail’ of the collector car world, the GTO created a telephone bidding battle between three collectors, sometimes bidding in million-dollar increments. After nearly 10 minutes, the car sold for a final $48,405,000, exceeding the previous record for the most valuable car ever sold at auction by more than $10 million.

1963 Aston Martin DP215 Grand Touring Competition Prototype

The one-off 1963 Aston Martin DP215 Grand Touring Competition Prototype saw a final bid of $21,455,000, making it one of the most valuable British motor cars sold at auction. Regarded as the pinnacle achievement for Aston Martin’s racing programme, DP215 was developed specifically to compete in Le Mans, and was the first car to break 300 km/h during the renowned endurance race.

1966 Ford GT40 Mk II

From great American classics to historic racers and the rarest of modern supercars, landmark prices were achieved across the 150 cars presented at the RM Sotheby’s Monterey sale. The 1966 Ford GT40 Mk II, chassis no. P/1016, part of the iconic trio of GT40s that swept 1st, 2nd, and 3rd place at the 1966 24 Hours of Le Mans, reached $9,795,000 on the auctions opening night.

Modern supercars drive strong numbers

Modern supercars showed continued strength at Monterey, with a US-spec 1990 Ferrari F40 selling for an above-estimate $1,710,000, and the one-of-25 1998 Mercedes-Benz AMG CLK GTR breaking the previous record for the model at $4,515,000.

This story was written by automotive PR specialists Torque Agency Group.