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Trump's once owned old Ferrari sells at auction for record $270,000

Posted April 3rd, 2017, 11:10 AM IST

Trump's once owned old Ferrari sells at auction for record $270,000

Washington: U.S. President Donald Trump once owned old Ferarri was sold at auction this weekend at a record $270,000.

Trump purchased the 2007 Ferrari F430 F1 Coupe a decade ago, reported the CNN.

Though he didn't drive the Ferrari much, Trump sold it in 2011 with fewer than 2,400 miles on it.

The supercar got a new owner on Saturday at an Auction in Florida.

As per reports, at first, it looked like the car wouldn't sell. It left the auction block with a top bid of $245,000 -- which didn't meet the reserve price, or the minimum bid required for a sale.

The Ferrari's new owner, whose name was not revealed by the auction house, will get the car with just over 6,000 miles on it. (ANI)

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