Billionaire Christopher Cox $30 million Ferrari 250 GTO car crash
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Billionaire Christopher Cox $30 million Ferrari 250 GTO car crash

Billionaire Christopher Cox $30 million Ferrari 250 GTO car crash

Produced by the automotive marvel Ferrari from 1962 to 1964, the Ferrari 250 GTO ‘Gran Turismo Omologata’ was the car that summed up Ferrari‘s philosophy best; the highest level of performance, power and styling. And, with only a relatively small production of 39-cars, this artistically crafted machinery has become one of the icons of Ferrari production history, with a revered position in collector’s circles. With the recent sale of

Billionaire Christopher Cox $30 million Ferrari 250 GTO car crash

Ever since, this much-talked about investor Christopher Cox bought this rare 250 GTO, estimated to be worth more than $30 million, back in year 2005, he drives it regularly in public and even participates in numerous events around the world. Owned by Cox and his wife Ann, this particular 250 GTO example had been raced worldwide in the 1960s by a Swedish driver. Hence, it sports blue-and-yellow color scheme rather than the traditional Ferrari red.

Billionaire Christopher Cox $30 million Ferrari 250 GTO car crash

Actually, the crash happened when one of another car collided with the Coxes, which unfortunately resulted in suffering of Ann Cox with broken legs and other injuries, while Christopher Cox had only minor scrapes. Both were immediately treated and later released from a French hospital.

Billionaire Christopher Cox $30 million Ferrari 250 GTO car crash

Details of the accident are however very limited, but according the crash witnesses, the entire front end of the stunning 250 GTO and its 300-hp V-12 engine was wrecked. And, all this happened while Cox was taking a turn when he was hit from behind. Interestingly, it’s not the first time this particular example got crashed, as it was damaged back in year 1976 and was restored to original factory condition.

Billionaire Christopher Cox $30 million Ferrari 250 GTO car crash

Historically, the 250 GTO model was the pinnacle of development of the 250 GT series in competition form, whilst still remaining a popular road car.

Also, check out the most expensive luxury car crashes of 2012, besides the story of Lindsay Lohan crashing her Porsche 911 into a back of a heavy-goods 18-wheeler vehicle in Los Angeles.

Via: AutoBlog / BusinessInsider

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