If you own a 1962 Ferrari 250 GTO with a value estimated at around $31-million guess what thanks to Christopher Cox your car just went up in value!

U.S. businessman Christopher Cox was driving his Ferrari 250 GTO through France, en route to Le Mans. He was traveling with a convoy of Ferrari fans, including Pink Floyd drummer Nick Mason and JCB boss Sir Anthony Bamford.

The car, pictured above, is was worth an estimated $31 million. But when Cox collided with another vehicle in front of him, its value plummeted somewhat; reportedly, the vehicle is a write-off

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