Most expensive car ever sold at auction fetches $48 million
August 27, 2018 at 11:50 AM EDT
The car, a Ferrari 250 GTO, was sold at RM Sotheby's on Saturday night as part of the Pebble Beach Concours d'Elegance — a kind of Coachella for classic cars and wealthy collectors that includes five days of auctions, parties, unveilings, tours and races around Monterey and Pebble Beach, California.
