Most people buy used cars to save some money.
Not Craig McCaw. The former cellular tycoon just picked up a 1962 Ferrari 250 GTO for $35 million, according to Bloomberg News. It's believed to be the most expensive car sale ever.
The apple green Ferrari was one of only 39 produced by the Italian sports car manufacturer between 1962 and 1964. What makes it even more valuable is the man who once owned it: the legendary British race car driver Sir Stirling Moss.
Bloomberg said the sale is listed among May's high-end sales at anamera.com, a website for classic car dealers.
The car was sold by the Dutch businessman Eric Heerema, owner of the Nyetimber vineyard in England, Bloomberg said.
McCaw is a classic car collector and the co-founder of McCaw Cellular, which was acquired by AT&T in the early '90s for $11.5 billion.
The sale tops a recent $25 million sale of the Ferrari 250 Testa Rossa in which American Phil Hill won the 1958 24 Hours of Le Mans, according to anamera.com.
If you're interested in acquiring a Ferrari in excess of $20 million, best not dally.
"I've heard of eight Ferraris selling for a total of $135 million during the last eight weeks," John Collins of British dealership Talacrest Ltd. told Bloomberg.
Moss raced from 1948 to 1962, winning 16 Formula One races. He retired after a crash left him in a coma for a month.
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