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$30 Million+ Car Wrecked…Say It Ain’t So

by recycler on July 13, 2012

One of the 39 Ferrari 250 GTOs.

Last week, one of the most well-known of the 39 ultra-rare (aka ultra-uber-expensive) Ferrari 250 GTOs was involved in an accident. Christopher Cox’s distinctive blue and yellow 1962 Ferrari 250 GTO (shown in this video) was involved in a collision.

Cox and his wife, Anne, were in central France at an event marking the 50th anniversary of the 250 GTO when another car collided with the Coxes’ blue and yellow masterpiece. The front end was apparently ripped to shreds and V-12 engine was wrecked.

Anne reportedly suffered a broken leg and other minor injures while Christopher only had some scrapes and bumps, but both were released from a French hospital.

Only 39 of the 250 GTOs were produced between 1962 and 1964, so the cars are extremely collectible and, therefore, extremely expensive.

A similar Ferrari 250 GTO built for racer Stirling Moss sold in May for $35 million in a private auction, making it the most expensive vehicle ever to change hands. (Y! Autos blog Motoramic)

Luckily for the Coxes, Ferrari Classiche, Ferrari’s restoration department, rebuilds and services old Ferraris, so the car should be able to return to the road eventually. Near tragedy but only an accident.

We do have to give credit to the Coxes and the other Ferrari 250 GTO owners, who are willing to put their vehicles in harm’s way by driving them routinely on race tracks and in public. Granted, I would cry many more tears over a nick or an accident if I owned a $30 million+ sportscar rather than a cheap gas saver.

We wish Mr. Cox, Mrs. Cox and the ’62 250 GTO all a speedy recovery.

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