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World's oldest Ferrari worth $8 mn unveiled

Gautam Chhaochharia, ED & Head-India Mid Cap Research, UBS Securities advises Indian investors to be defensive. He is underweight on the financial sector. He likes Federal Bank, ICICI Bank at the current levels but not SBI. “4700-4800 is a good support le

World's oldest Ferrari worth $8 mn unveiled
The world's oldest Ferrari, which won the 1947 Turin Grand Prix, has been unveiled for the first time after restoration and is now believed to be worth a whopping $8 million.The 166 Spyder Corsa built by manufacturer Enzo Ferrari just after the World War II is believed to be world's oldest Ferrari and was restored for $500,000 by its owner Jim Glickenhaus from California, the Daily Mail reported.Capable of speeds of up to 160 kmph, w...
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