1957 Ferrari 250 Testa Rossa Sells for $12million at Auction, Breaks World Record

In that case why dont you give any extra income you make and give it away to "starving" people?

the guy that bought this car is rich , he must own a business or two , he created a job or two , he pays a lot of taxes , give him a break, let the guy buy his toy.

what would you do if you were rich give it all away or buy toys like this?

The automotive industry is one of the purest examples of hardcore capitalism in the world; if you're concerned about the poor, you might have to reconsider being a petrol head. =P

This is the most ridiculous statement I've ever heard. Having the rich give all their money to the poor... I think we all know what ideology stems from that. People shouldn't be penalized for being rich. Working hard and earning a lot of money is a blessing, not a crime. Ridiculous.

When you have that much money you are ion the charity business. I am sure this guy has given a good amount of money off to charity. Even if he hasn't, he made the money, he made the sacrifices, and he can spend it any way he wants.

let's play with our wild imagination.. if i am cash loaded.. i'll buy out detroit and hopefully i can afford mr. carlos ghosn

If more people think like catchmyshadow world would be a better place. Instead, we now pick the fruits (the crisis) of a bad managed capitalist society. There are frequent examples of rich guys owing very expensive goods (including cars) but who were proven to have stolen from other people's money or not having payed the taxes due to the public budget. Don't get me wrong, I lived both in communism and capitalism and I don't want to ever live again the communist experience. IMO, capitalism is bad and communism is worse. So a free market economy, but with more solidarity among people, would be desirable.

Can you confirm that? Did a bit of Googling seeems that the Testa Rossa is the most expensive...

I don't know the exchangerate, but was that the $28.5 million 250 GTO? Look at ferrarichat (dot com) they discussed about these expensive cars

Why is that "too much" ? too much for you maybe, if a guy has 500 million in the bank, 12 million to him is the equivalent of you buying a new computer.