Monterey Car Week Auctions Total $367.5 Million — So Far

A 1962 Ferrari 250 GTO sold for a stunning $48,405,000 — yes that is $48.4 MILLION — at RM Sotheby’s Monterey Auction.

The sale of the GTO — the world record for a car sold at auction — helped RM Sotheby’s to a record $158 million total for their August 24-25 auction in downtown Monterey.

That sale also turbocharged total sales at the 2018 Monterey Car Week to $367.5 million, which is the third-highest total ever. Total sales were $463 Read More