Rare Ferrari Sold For Over $34M

By: Nick Viviani
By: Nick Viviani

MONTEREY, Calif. (CBS) -- A rare 1962 Ferrari 250 GTO once owned by famed racing driver and Olympic gold medalist has sold for $34.65 million. The sale at an auction yesterday in Carmel, California during Monterey Car Week is believed to be a record public auction price for a classic car. .

The Ferrari was acquired by young Italian enthusiast Fabrizio Violati 49 years ago, in 1965. He was scion of a wealthy family with considerable business interests in agriculture and mineral water bottling and distribution under the brand name Ferrarelle.

But before that, French privateer Jo Schlesser owned the car with driver Henri Oreiller. Oreiller was a national celebrity in the 1940's and 50's, winning two gold medals and a bronze, to become one of the Olympic Games' most successful athletes.

At the age of 26, he went on to pursue his alternative interest in motor racing and rallying, but died in a accident on October 7, 1962.

People like Bob Farino came from far and wide to check out this one of a kind car. Farino, from New Jersey, has been coming to the auctions since the late 1990's.

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