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1962 Ferrari 250 GTO Expected to Shatter All Previous Auction Records

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Bidders, purchase your paddles: One of a initial Ferrari 250 GTOs ever built will be offering adult for auction during Monterey Car Week, pleasantness of RM Sotheby’s. Initial estimates say that this GTO, framework #3413 GT, will fetch in additional of $45 million when it goes adult for sale in August.

Why is a 250 GTO such a special beast? For starters, it was innate to race. With a 300-hp 3.0-liter V-12 and a quell weight of usually 1,940 pounds, it had a challenging power-to-weight ratio. The physique was fine-tuned by breeze hovel contrast to make a many aerodynamic figure possible. Then there’s a introduction of an iconic Ferrari hallmark: a delivery push nestled in a discriminating steel gate.

Finally, there’s a rarity: Only 36 GTOs were constructed between 1962 and 1964. And of those 36, each singular one is still surviving, a attainment done even some-more extraordinary given a endless racing involvement.


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As a highly-original, numbers-matching example, tracing a timeline of this sole GTO reveals a storied history. Chassis 3413—the third one ever produced—started out as a Series we exam car, driven by Phil Hill in a 1962 Targa Florio highway race. From there, a GTO was sole to Edoardo Lualdi-Gabardi, famous for racing (and winning) his secretly purchased cars. In 1963 a GTO once again traded hands to Gianni Bulgari, whose grandfather was a owners of a Bulgari watch company.

Bulgari was also a eminent racer, and took a GTO to a prize in a 1963 and 1964 Targo Florio along with associate motorist and owners Corrado Ferlaino. During a racing years, 3413 defended a strange engine, gearbox, and behind axle, and was never concerned in an accident. In 1964, 3413 perceived a new Series II physique by Carrozzeria Scaglietti.

In 2000, a stream owner, Greg Whitten, acquired it. Not calm to keep it usually as a showpiece, Whitten raced it in selected events around a world. This is a usually a third GTO to be offering for open sale in a past 20 years, ensuring an intensely high-profile coming during Sotheby’s in August.

Way behind in 2005, we ranked a GTO as a biggest Ferrari ever built. If a passion surrounding this auction is any indication, that ranking hasn’t changed.

Photo source: RM Sotheby’s

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