(June 4, 2012) Bloomberg News reported last week that a 1962 Ferrari 250 GTO sold sometime in the latter half of May for a verified $35 million billionaire Craig McCaw of Seattle, Wash., who with his younger brother, Bruce, has had as many as 400 cars, and is thought to have spent well over $100 million on new acquisitions over the last 20 years.

Over the last decade, though, the McCaws have been selling off much of their collection to concentrate on a smaller number of truly extraordinary cars, such as the 1952 Le Mans-winning Mercedes-Benz 300 SL, which they recently showed at Amelia Island.

According to Barchetta.cc’s Ferrari registry, the car was up until recently owned by Eric Heerema, who bought it about 10 years ago from Yoshisho Matsuda for about $8.5 million. Heerema actually used it quite a bit and was a regular sight at Goodwood, before commissioning a restoration completed in 2010.

Originally sold to Stirling Moss, 3505GT was never raced by Moss, but instead entered in the 1962 24 Hours of Le Mans by Innes Ireland and Masten Gregory. A failed alternator put Ireland and Gregory out of the race, but Ireland later won at Goodwood to take that year’s Tourist Trophy.

Source: Hemings Blog