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How did a Ferrari 250 GTO fetch $70 million?

News

How did a Ferrari 250 GTO fetch $70 million?

Newspaper headlines expressed astonishment recently when a 1962 Ferrari 250 GTO (chassis number 4153 GT) changed hands for $70 million. This mind-boggling sum, equivalent to about £52.3m, is the highest price ever fetched by a car - but why? To begin to answer this, it’s worth recalling that several other 250 GTOs have also commanded huge amounts of money in recent years. These set a benchmark which influenced the amount the buyer of 4153 GT, American entrepreneur and WeatherTech founder David MacNeil, was prepared to pay. The first monumental price realised by a GTO was at Bonhams’ Quail Lodge Auction in...

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Book signings at XK70

Behind the Scenes Book Signing Events News

Book signings at XK70

The event saw the launch of a brand-new venture for us – our first children’s book. There were also plenty of book signing sessions with some of our authors.

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Derek Bell’s dazzling Porsche career shows how the greatest never give up

Derek Bell’s dazzling Porsche career shows how the greatest never give up

May 09, 2018 You might expect a professional racing driver who’s won Le Mans five times and represented Ferrari in Formula One to have led a charmed life, but Derek Bell drove as many terrible cars as great ones during his long career and for many years he struggled to make racing pay. Just 18 months before hitting his winning streak at Le Mans, scoring four victories for Porsche between 1981 and 1987, Derek came close to quitting the sport. He was hired to race on merely six occasions in ’78 and by mid-’79 had reached the conclusion he “really...

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Youngster, Grandpa, Motor Car, Spy

Youngster, Grandpa, Motor Car, Spy

  Since starting work at Porter Press International, the XK Club and E-type Club in July 2017, I have been involved in many different activities. I have proofread books; written and designed magazine pages for the XK Club, the E-type Club and the Midlands Automotive Club and done scriptwriting and editing for a film about the XK Club’s Round Britain Coastal Drive in aid of Prostate Cancer UK. These varied tasks have immersed me in the world of classic car ownership with its associated stories and history. From tales of ‘barn-finds’ and restoration projects and seeing these beautiful cars in...

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When a “drinking driver” and a Colditz prisoner won Le Mans in Jaguar’s C-type

Under the Covers

When a “drinking driver” and a Colditz prisoner won Le Mans in Jaguar’s C-type

Lewis isn’t the only Hamilton to have achieved international success as a racing driver. Exuberant Englishman Duncan Hamilton, sometimes nicknamed ‘Drunken Duncan’, also enjoyed time in the limelight after winning the Le Mans 24 Hours in 1953 - and later confessing that he’d stayed up all night before the race, because  he’d thought his works-run Jaguar C-type had been disqualified, enjoying a tipple or three. This French fable is made even more colourful by the fact that Hamilton shared the victorious Jaguar with former army officer Tony Rolt, who escaped from German Prison of War camps eight times before being...

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