David Lee, CEO of the Hing Wa Lee luxury watch and jewelry group and noted Ferrari collector, brokered the deal for a 1962 ...

This Ferrari LaFerrari prototype, still wearing the camouflage from the development phase, was sold for $2,450,000 at an ...

Collector David S.K. Lee takes delivery at Hing Wa Lee Plaza, drives the white GTO around Walnut, and even leaves it parked ...

The 1963 Ferrari 250 GTO sits at a strange intersection of racing history, industrial design and high finance, a place where a purpose-built competition car has become almost too valuable to use for ...

A 1962 Ferrari 250 GTO sold for $48.4 million at RM Sotheby’s annual Monterey collector car sale — a world record for any car ever sold at auction. Up until now, a 1962-63 Ferrari GTO, which sold for ...

Widely regarded as one of the most sought-after cars ever made, it’s not every day that a Ferrari 250 GTO changes hands. But that day, according to reports out of the UK, has come.

As a rare and historically noteworthy race car of literally unrivaled value, the 250 GTO has every reason to be closely guarded by Ferrari. Permitting the replication of its most coveted model, after ...

Back in 2014, a red Ferrari 250 GTO sold for a mind-boggling $38.1 million, beating expectations by more than $8 million. Then, in February of this year, a Ferrari 335 Sport sold for $35.7 million.