If you’ve ever driven off a car lot feeling like you spent more than you should have, you can take comfort in knowing that at least you didn’t spend as much as Craig McCaw.

The Seattle-area wireless pioneer and classic car collector has been identified as the buyer of a 1962 Ferrari 250 GTO, pictured at right, that sold last month for $35 million.

Bloomberg News broke the story, reporting that the price qualified the vehicle as the world’s most expensive car.

Who knows, maybe this is one of the reasons McCaw is selling his private island for $75 million.

Thanks to one of our Facebook followers, Travis Godbout, for pointing out the news about the Ferrari purchase in a comment about our earlier post about McCaw’s island going up for sale.

Contributing to the car’s landmark price was the fact that it was made for legendary race driver Stirling Moss.

McCaw and his brothers sold McCaw Cellular to AT&T Wireless for $11.5 billion in 1994. (Note: Date corrected since original post.)

Photo via Talacrest Limited.


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  • Guest

    Nice! That car looks much sexier than the island it is meant to replace.

  • http://www.christopherbudd.com Christopher Budd

    So what are the car tabs going to cost on that, I wonder?

    • chiapetto

      Being an antique (more than 25 years old), in Washington State, about fourty-five bucks…

  • Pat/Patty

    Good for you Craig McCaw..You have worked hard to accomplish your wealth and didn’t forget the “little guy.” Tell your brother “Bluse” hello from Sparlings Secretary, Pat :) Lots of fun memories..

  • http://www.facebook.com/bill.harding2 Bill Harding

    A $35m car isn’t cool.  You know what’s cool?  A billion dollar car.

  • http://twitter.com/bcrimmins Bob Crimmins

    Sweet ride.  

    When we were kids and we left the lights on our bedrooms, my dad would remind us that “you kids waste enough electricity to power 10 homes.”  When we didn’t clean our plates at dinner, my mom reminded us that “the food you waste in a day would feed a whole family in Africa for a week.”  If one of my kids ever buys a car for $35M, I will remind them that they could have invested that money in at least 50 seed-stage startup companies.

    • Guest

      Or saved several million people from starvation in Africa. But hey, it’s his money and maybe he does all of those and more.

  • isabel perez

    I in particular I can not buy a car of this cost, but this gentleman has a whole collection, I would need only a million and that the money left to buy many more cars would you give away a million more if you have more money than a million would mean nothing in the meantime jkejejejejejejejejeje

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