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£20mil Ferrari in “world’s most expensive car crash”

July 11, 2012
Posted in Car news — Written by National Numbers

A 20 million pound Ferrari has been involved in what has been described as “the world’s most expensive car crash”.

US businessman Christopher Cox drove a Ferrari 250 GTO as part of the car’s 50th Anniversary Tour but collided with another vehicle.

Three people were taken to hospital following the incident, including Cox’s wife Ann who is understood to have suffered a broken leg.

Pictured: Cox and his wife heading a convoy of Ferraris

Pictured: Cox and his wife heading a convoy of Ferraris

Fanatics

The accident itself occurred near Saint-Etienne-des Guirets, near Blois, putting a stop to a five-day tour by 21 multi-millionaire car enthusiasts.

En route to Le Mans, the drivers travelled the legendary Gueux racing circuit in Reims and were expected to visit the Abbey of Hautvillers.

It is thought that the convoy of Ferraris have a combined worth of almost £500million.

Pink Floyd drummer Nick Mason and JCB chairman Sir Anthony Bamford were also involved in the tour.

Rare

The 250 GTO has been called “the Picasso of the motoring world” in the past.

Production of the model started in 1962 and ended in 1964, only 39 were built.

Initially sold at £6,000 the 174mph sports car has had a surge of value in recent years.

Chris Evans is said to have sold his 250 GTO for £18million recently, while last month a green model built for Stirling Moss was sold for a record £22.7million.

Cox’s car was a blue and yellow model bought in 2005. It runs on a 3-litre V12 engine and can go 0-60mph in 6.1 seconds.

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