Ferrari 250 GTO Transmission Causes an Unusual Lawsuit
The Ferrari 250 GTO is considered to be one of the most remarkable and rare cars ever produced, and undoubtedly has its rightful place in the list of top-requested cars. As there are only 39 original examples of this model, it is always a breaking news, when any of them changes hands. Last year, for instance, David MacNeil, the head of of WeatherTech, bought one of these famous cars for a record-breaking $80 mln. The recent newspaper headlines related to this elegant Ferrari model say about a scandalous deal that ended in court action.
The most expensive
Ferrari 250 GTO in history
According to the press reports, British racing
driver Gregor Fisken has filed a lawsuit against the lawyer Bernard Carl for failure
to comply with the contract. What provoked this? The complainant claims that
Mr. Carl failed to provide the GTO's original transmission after the
selling transaction.
It is known from the case materials that the complainant
acquired the 1962 Ferrari 250 GTO for $50 mln two years ago, without the gear
shifting unit, being under the belief that the lacking component would be
provided to him in a short while. But Fisken had an argument with the seller
over the terms of delivery, being reluctant to cover the expenses to supply it
to England and a $25 grand compensation wanted by the US dealer possessing the
transmission unit.
1962 Ferrari 250 GTO
Because of mutual intransigence in the dispute,
the defendant says that the complainant party broke the terms of their deal and
no longer has the right for the missing component. Mr. Carl, in turn, issued a
cross complaint, demanding half a million dollars from Fisken to pay for his
services consisting in locating and securing the disputed powertrain component.
Now, both parties involved in this strange case are settling their disputes in
court, while the ill-fated Ferrari has already been resold.
Earlier this year, Italian legal authorities recognized the Ferrari 250 GTO as a piece of art in the eyes of the law, prohibiting 3-rd parties from trying to emulate its design.