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Page last updated at 15:00 GMT, Tuesday, 19 May 2009 16:00 UK

'Most expensive' car sells for millions

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A Ferrari has been sold for 9.02m Euros (£7.9m) making it the most expensive car ever bought at auction, smashing the previous record set at a similar sale.

The winning bidder of the black 250 Testa Rossa 1957 has chosen to remain anonymous.

The auction took place at Ferrari's headquarters in Modena, northern Italy.

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