Radio 2 breakfast DJ Chris Evans has reportedly splashed out a record £12m on a car that originally cost just £6,000 when it first came out. Evans bought the Ferrari 250 GTO at an auction, but sold three other cars from his collection first.
The 1963 GTO (chassis no. 4675 GT) is one of only 36 originally produced and one of a limited few with Series II GTO bodywork.
The insurance is said to cost a staggering £1000 a month. Evans, who took over breakfast duties from Terry Wogan earlier this year, is said to be worth a reported £45 million.
Good on ya Chris!
