Tycoon’s son loses court battle with siblings over ‘Mona Lisa of Ferraris’ - News Summed Up

Tycoon’s son loses court battle with siblings over ‘Mona Lisa of Ferraris’


Fewer than 40 examples of the Ferrari 250 GTO were made between 1962 and 1964The Ferrari 250 GTO is sometimes described as the finest car ever made. Given that fewer than 40 examples were manufactured in Italy between 1962 and 1964, they are a collector’s dream. But for the children of Pierre Bardinon, the late French luxury goods tycoon who had one of the world’s greatest Ferrari collections, it has proved to be a source of accelerating legal wrangles. SponsoredThe Cour de Cassation, France’s highest court, has ruled that Patrick Bardinon, 64, the tycoon’s eldest son, was wrong to sell the so-called “Mona Lisa of Ferraris” — a 1964 250 GTO — to a Taiwanese businessman for $48 million (£35 million) in 2014 without permission from Jean-François, 62, his brother, and Anne, 67, his sister. Bardinon told the court


Source: The Times August 03, 2021 13:09 UTC



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