1962 Ferrari GTO Sells for Record $48 Million at Auction

The transcript discusses an auction at the Concorde d'elegance auto show in California, highlighting the sale of a rare 1962 Ferrari 250 GTO, one of only 36 ever made. The car, used in 116 races, was auctioned for $48 million. Additionally, a replica car from the movie Ferris Bueller's Day Off was sold for several hundred thousand dollars. The transcript also mentions another Ferrari 250 GTO that was privately sold for $70 million, emphasizing the high value of these rare cars.

What is the significance of the 1962 250 GTO mentioned in the text?

What does the text imply about the rarity of the 1962 250 GTO?

What connection does the speaker make between the auction and Ferris Bueller?

How many replicas of the car used in Ferris Bueller's Day Off were auctioned?

What was the highest auction price mentioned in the text?