Classic Ferrari 250 GTO set to become world's most expensive car

A classic Ferrari is expected to become the world's most expensive car after it was put up for sale at £45 million.

The 1962 Ferrari 250 GTO - one of the world's most sought after classic cars - was the second to roll off its production line and is one of only 36 ever made.

It was raced at Le Mans and Sebring and, despite being more than 50 years old, is capable of 0 to 60mph in around six seconds and a top speed of more than 170mph.

The Ferrari has now come onto the open market for the first time in 20 years. John Collins, who runs Ascot-based Ferrari specialist Talacrest, is selling it for more than £45 million ($56 million).

Mr Collins said: "I've been looking for a 250 GTO for a while and the opportunity came up with this one, which is the second GTO built.

Source: Classic Ferrari 250 GTO set to become world's most expensive car with £45 million price tag