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Ferrari breaks auction record

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This Ferrari GTO Berlinetta sold for $38 million at auction. (Source: CNN) This Ferrari GTO Berlinetta sold for $38 million at auction. (Source: CNN)

MONTEREY, CA (CNN) – One of the most expensive cars in the world was recently sold in California when a 1962 Ferrari GTO Berlinetta went for $38 million at auction.

That’s the highest price ever paid at auction for a car. What makes it so unique is that the car was previously used in a race. The car crashed and killed the owner.

The Berlinetta was rebuilt in 1963 at the Ferrari factory and ran in several other races.

A similar one was privately sold for $50 million.

No word on the identity of the new owner or owners.

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