This 1963 Ferrari 250 GTO made $52 million | At stake in the case is ownership of two classic cars that could be worth as much as $40 million.
Chen says his former business associate falsified his financial reports and lied about how much he spent on property deals, before using the spoils to buy a 1998 McLaren F1 and a 1963 Ferrari 250 GTO Berlinetta. He is asking a judge in the British capital to order the cars to be sold or handed over to him. The 1963 Ferrari 250 GTO Berlinetta is likely worth around $25 million. The model is a Series 2, with the Series 1 fetching at least $40 million. 39 of the Italian brand’s 250 GTOs were produced. | |
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