Ferrari 250 GTO sells for £20.2m

Another day, another Ferrari 250 GTO. Today we find news that one of the erstwhile bedroom pin-ups has sold for £20.2 million, thus making it the UK's most expensive automotive sale.

This particular car, number 5095, is believed to have been sold by British businessman Jon Hunt who bought the car in 2008 for a paltry £15.7m. Jon Hunt, in case you wanted to know, is the man who founded - and then sold - the Foxton's estate agency.

John Collins of classic Ferrari specialist Talacrest confirmed the sale but refused to say whether Mr Hunt did actually own it - despite records showing Hunt as the current owner.

Whatever - the new owner will surely delight in that 3.0-litre V12, some 300bhp and a 0-60mph time of around 6.1 seconds and top speed of 174mph. Or somewhere near that, considering the price and rarity of the thing - just 39 GTOs were built between 1962 and 1964, of which two now belong to Chris Evans and Pink Floyd drummer Nick Mason. 

Nice car, you'll agree. But it's not immediately clear how much better this rather expensive GTO is over the UK's cheapest new car, the Renault Twizy. They're both two seaters, but the Renault - oh, wait...