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

| Updated: Apr 03, 2017 10:43 IST

Washington D.C. [U.S.A.], Apr. 3 (ANI): 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)