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Amelia Island Concours to Celebrate Ferrari 250 GTO's 50th Anniversary

Filed under: Luxury Cars & Autos, Events


The legendary Ferrari 250 GTO, built between 1962 and 1964, is a holy grail for car collectors. The last one that came on the market is said to have sold for about $28 million. Ralph Lauren has one of course, as does Pink Floyd's Nick Mason, UK Ferrari maniac Chris Evans, and many men whose fortunes exceed all measure of normality. Now the renowned Amelia Island Concours d'Elegance in Florida has announced plans to celebrate the 50th anniversary of the iconic car at its 2012 show. The organizers are hard at work delving into the history of the incredible vehicle in order to properly honor significant milestones in its evolution. The 250 GTO's anniversary will be celebrated at the event by figures who participated in its storied past, and an eye-popping assortment of the cars will be on display. Meanwhile the 2011 Concours is slated to take place from March 11–13 at the Ritz-Carlton, Amelia Island.

Chris Evans Ad For Gucci Guilty For Men

Filed under: Cosmetics and Fragrance


We've already seen Chris Evans steaming up the screen with Evan Rachel Wood in the ads for Guilty for Women. Now ads for Guilty for Men have been released showing some of the same sultry images but this time with the focus on Evans. The masculine metal and glass bottle contains a fairly soft-sounding juice. It's described as opening with lavender and lemon, a heart of orange blossom and a base of cedar and patchouli. The 1.7 ounce eau de toilette spray sells for $75. The perfume aficionados over at Basenotes are already dissecting the new offering and the ads. One thing up for debate is Evans' ample carpet of chest hair. After years of waxed smooth pecs in fragrance and clothing ads, is the world ready for the return of hair?

The Classicist: Rash of New World Records Says "The Rich Are Back"

Filed under: Estates, Timepieces / Watches, Luxury Cars & Autos, Auctions, Art, The Classicist, Wealth


Following an incredible number of record-breaking sales of some of the world's most expensive items, from cars to art to watches, diamonds and estates, that have taken place just in the past two weeks, we are hereby making an official declaration: The Rich Are Back. While the economic recovery has been slow to materialize in some quarters, those with the money to make multimillion-dollar purchases are suddenly not shy about dropping the coin. The megabucks deals mean an optimistic outlook has finally taken a firm hold, and the wealthy no longer feel the need to pinch their pennies in the fear that more hard times could be lurking right around the corner. We say it's about time too.

In one hectic twelve-day period, from May 3 to May 14, we saw the record-breaking sales of a $106 million Picasso painting; a $50 million mansion in Bel-Air; a $46 million ranch in Colorado; a $40 million Bugatti; a $32 million Warhol self-portrait; a $26 million Jasper Johns painting; an $18 million Ferrari; an $8 million blue diamond; and a $5 million Patek Philippe chronograph – about $330 million worth of the world's most expensive possessions. The astonishing sales have given an immediate boost to the art, classic cars, real estate and collector's timepieces markets, many of which faltered in the wake of the economic downturn, losing billions of dollars in value. Here's a rundown of the nine history-making deals as they unfolded over the twelve-day whirlwind of wealth disbursement; see the gallery for images:

Ferrari 250 GTO Sold to Private Buyer for $30 Million? [UPDATED]

Filed under: Luxury Cars & Autos, Wealth

ferrari 250 gt
The legendary 1963 Ferrari 250 GTO offered for private treaty sale by RM Auctions that we wrote about back in February has been sold to an undisclosed buyer for a price that some speculate could clock in at $25–$30 million. The car, chassis no. 4675 GT from an important collection in Japan, is one of only 36 250 GTOs originally produced and one of a limited few with Series II GTO bodywork. In 2008 British real estate baron Bill Ainscough reportedly sold his 250 GTO for about $28 million to an anonymous tycoon. It ranked as the world's most expensive car until two weeks back when, as Luxist's Noah Joseph reported, an ultra-rare 1936 Bugatti Type 57SC Atlantic changed hands privately for $30–$40 million.

UPDATE: The buyer has been revealed as UK radio host Chris Evans, who claims he got the 250 GTO at the bargain basement price of about $18 million. He might be dissembling, however; Top Speed says the price was $25 million, and Top Gear notes that Evans said he expected to pay closer to $25 million when originally announcing his intention to acquire one of the rare cars for his Ferrari collection, which also includes a $12 million 250 California Spider SWB, 275 GTB, 288 GTO, F40 and an Enzo. Quite a score in any case.

"The exclusivity of the Ferrari 250 GTO cannot be understated," notes Max Girardo, Managing Director of RM Europe. "As they rarely come to market, new owners become part of a very exclusive 'club' and are welcomed with open arms at literally any of the world's great concours events, races and rallies. We are pleased to have been able to unite this exceptional car with a new and immensely enthusiastic owner. It's fantastic that this car will now be used in earnest on the classic car scene around Europe." Evans joins the exalted ranks of Ralph Lauren, Pink Floyd drummer Nick Mason and some of the richest men in the world with 250 GTOs in their garages.

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