An extremely rare Ferrari 250 GTO which had a £6,000 price tag when it was manufactured in 1963 has been sold for more than £20m ($31m).
This 1963 model – number 5095 – is believed to have been sold by British businessman Jon Hunt, who bought it in 2008 for a then world record £15.7million.
The title for the most expensive car belongs to 1936 Bugatti Type 57SC, which was sold for approximately $40 million back in 2010.
Ferrari produced on 39 units of 250 GTO sportscar ever, which were built between 1962 to 1964. Back then, Enzo Ferrari himself selected who can own a 250 GTO.
The 250 GTO was fitted with a 3-litre V12 engine developing 300bhp – meaning a 0-60mph time of 6.1 seconds and reach a top speed of 174mph.