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.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)