Another example of Ferrari 250 GTO, one of the most highly coveted classic car in the world, has sold for £20.2 million to a British buyer.

One of the only 39 250 GTOs ever made, the car was a property of UK businessman Jon Hunt, who bought it back in 2008 for £15.7 million. He enjoyed the car for three years and then made a £4.5 million profit selling it. No wonder he is so rich.

This record selling price makes this GTO the most expensive car ever sold in the UK, and the second most expensive, after the Bugatti Type 57SC, in the world.

The car has chassis number 5095 and was actively racing until 1996, when it was restored and became a collectible. It has a 3.0L V12 developing 300 bhp. That in combination with a 5-speed manual gearbox and curb weight of just 1,100 kg gives it a top speed of 280 km/h, although it’s highly unlikely for the new owner to go out and try that out!

The identity of the buyer remains secret, but GTO owners in UK are mostly high-profile celebs such as Chris Evans and Nick Mason.