​Ferrari 250 GTO Crash Totals $31 Million Car

Author: John LesterBy:
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July 15, 2012

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The world’s most costly car crash involved a classic Ferrari 250 GTO worth over $31 million.

Christopher Cox, a U.S. business man, and his wife, Ann, were cruising through central France, in their pricey vehicle, when they crashed into another automobile. He was unharmed, but she is reportedly suffering with a broken leg from the accident that took place just outside of Saint-Etienne-des Guirets, near Blois.

In addition, there were also two passengers in the other vehicle who were taken to a nearby hospital.

Apparently, the couple was in France to participate in the 50th anniversary tour of the Ferrari 250 GTO. During the 5-day tour, the car lovers drove the well-known Gueux racing circuit in the city of Reims, prior to stopping by the Abbey of Hautvillers, the home of French Benedictine monk Dom Pérignon.

The accident happened on the morning of July 6, when the Italian convoy, worth close to £500million or over $775 million was on their way to Le Mans, which is the world’s oldest active sports car race in endurance racing.

Two passengers in the other vehicle involved in the accident were taken to a nearby hospital, according to French reports.

The 250 GTO sports car was built by Ferrari between 1962 and 1964 and sold for a mere $9,300. However, the price of the vehicle has skyrocketed since, and last month one green model built for Stirling Moss sold for $22.7 million