Tuesday, July 10, 2012

$30 million Ferrari 250 GTO crashed on 50th Anniversary Tour

It often seems that cars worth millions of dollars are kept under lock and key in climate-controlled garages, never to see the open road. Christopher Cox's 1962 Ferrari 250 GTO is not one of the those cars. The American investor drives the car, one of just 39 built, regularly and has participated in numerous events around the world since he purchased it in 2005. In fact, we've seen the brightly colored 250 GTO, worth an estimated $30+ million, in person no less than five times including last summer in Monterey where it was entered in the Pebble Beach Tour and Concours d'Elegance.

Of course, driving a car always comes with the chance of an accident, and unfortunately that's just what happened when Cox recently had the 250 GTO out on track as part of the model's 50th anniversary tour in France last week. Details of the extent of the accident are scarce, but the off-track excursion at the Reims-Gueux race track was bad enough that his wife broke her leg on impact.

We wish a speedy recovery to both Christopher and his wife, and we're sure the car will up and running in no time. Hopefully we'll see it back in action in the near future.

You can see our photos of Cox's 1962 Ferrari 250 GTO at various events in the gallery below.