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Siblings Battle Over Highly Collectible 1964 Ferrari

Yahoo!Autos | Motorious
By Steven Symes
September 2nd, 2024

A 1964 Ferrari 250 GTO is at the center of a bitter legal battle among siblings.

With under 40 ever made for the 1962-1964 model years, values for these classic Italian sports cars are high enough to make even well-heeled collectors feel completely overwhelmed at the idea of ever owning one. With that kind of money at stake, it’s easy to see why the children of the late Pierre Bardinon are now at each other’s throats.

Patrick, who is Bardinon’s youngest son, sold the Ferrari 250 GTO to a car collector in Taiwan for a whopping $48 million back in 2014. The problem is Patrick didn’t get permission from his little brother, Jean-Francois, or his older sister, Anne. That’s when they got the attorneys involved, so naturally the resolution took years and cost all three of them a small fortune, so it was totally worth not settling out of court.

The defense Patrick used was that the Ferrari had been gifted to him by his father. That was news to his brother and sister…

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French court orders US$42M payout in ‘Mona Lisa’ Ferrari battle