The final hammer price of $47 million is well below original estimates of $60M for this exceedingly rare 250 GTO. With fees added in, the final price climbs to $51.7M, a record for any Ferrari
The 250 GTO was produced from 1962 to 1964 for homologation into the FIA's Group 3 Grand Touring Car category. GTO stands for "Gran Turismo Omologato", Italian for "Homologated Grand Tourer". When new, the GTO sold for $18,500 in the United States, and buyers had to be personally approved by Enzo Ferrari and his dealer for North America, Luigi
Unveiled at the annual pre-season Ferrari press conference in January 1962, the 250 GTO was the sole front-engine model amongst a line-up of mid-engine racers. New owners needed to afford the $18,000 price tag, as well as be personally approved by Enzo Ferrari.
A 1962 Ferrari 250 GTO could set an auction record when it comes up for sale in August. A fast history of the world's most coveted car. The price for such a beauty was $18,000 (about $150,000
The 250 GTO has risen to white-whale status among car collectors. A 1963 example—one of only three dozen that Ferrari built from 1962 through 1964—sold privately in October for a reported $52
A 1962 Ferrari 250 GTO sports car has sold for US$51.7 million, making it the second most expensive car ever sold at auction, Sotheby’s said. and its auction price was surpassed only by that
Kevin O’Rourke quality controlling the tail section repair on the Ferrari 250 GTO. Every component is fitted, removed and re-fitted at every stage of the restoration to ensure that the end result is perfection. The paint work was then impeccably finished in Ferrari Red and the whole car reassembled like a fine Swiss watch by the Moto
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The 1962-3 Ferrari 250 GTO, chassis 3851, sold at Bonhams Quail Lodge 2014 for $38,115,000 to take the world record price from a 1955 Mercedes-Benz W196R Silver Arrows Formula 1 racing car that Bonhams sold for $29,650,000 at the Goodwood Festival of Speed Sale in 2013. Tom Price, owner-racer, describes his 1962 250 GTO at Ferrari Maserati of Silicon Valley, Redwood City, CA. There is nothing as sweet as listening to a proud owner talk about their car. Listen to Mr. Price graciously talks about his car and at the end, the sound of the engine as the Ferrari group readies the Creme de la Creme for the party. Ferrari Collection 1/43 RED Ferrari 250 GTO 1962 USA SELLER $34.99 Trending at $49.99 eBay determines this price through a machine learned model of the product's sale prices within the last 90 days.
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The Ferrari 250 GTO made its debut in 1962 at the 12 hours of Sebring which was a Formula One championship at the time and this was a GT car. But to the surprise of everyone, it finished second
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1962 Ferrari 250 GTO Estimated value or price: $48.4 million Considered by many collectors to be the holy grail of classic cars, the 250 GTO was one of Ferrari's most successful race cars, said
Only 39 examples of the 250 GTO were built by the legendary Italian marque between 1962 and 1964, and it’s extremely rare for an owner to part with one at any price. Ferrari 250 GTO is the
A 1962 Ferrari 330 LM / 250 GTO achieved a record-breaking sale price of $51,705,000 at RM Sotheby's Marquee Week Sales of Modern and Contemporary Art. While it is the priciest Ferrari sold at
In August of 2018, a red 1962 Ferrari 250 GTO was sold at auction for $48.4 million. And in October 2017, Washington, D.C.-based lawyer Bernard Carl sold his blue 1962 Ferrari 250 GTO to British
A British dealer is asking $55 million for a 1962 Ferrari 250 GTO, potentially the highest-ever price for a car. Bonhams sold this 1962 GTO that had belonged to Fabrizio Violati, an Italian 1962 Ferrari 250 GTO is the most expensive car sold at auction. The key to the GTO’s stratospheric price is the car’s rarity — just 36 were built between 1962 and 1964 — and racing
Story behind. Ferrari 250 GTO at 24h Le Mans. Few cars are held in such high regard as the Ferrari 250 GTO. Created between 1962-1964 by a team led by Giotto Bizzarrini, each buyer of the 39 produced had to be personally approved by Enzo Ferrari – and today, the prestige has only intensified.
Unbelievable 1962 Ferrari 250GTO by Scaglietti Sells for $48.4 Million This gorgeous GTO was the top seller at RM Sotheby's auction in Monterey. By Andrew Wendler Updated: Aug 26, 2018 View
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