Update: Rare Ferrari Nabs Double at Auction

Two luxury auto auctions recently hit Arizona: RM Auctions and Barrett-Jackson. While Barrett-Jackson may have attracted the most attention, the most expensive car was sold at RM: A 1960 Ferrari 250 GT for $8 million USD!  The classic Berlinetta was expected to net around $4 million, so it doubled sale projections. The highest sale at Barrett-Jackson was a Barris Batmobile, which nabbed a cool $4.6 million.

A 1960 Ferrari 250 GT sold for $8 million at RM Auctions in Arizona, setting a record high for the state. read more