You can buy this Ferrari 250 GTO if you have £35,000,000

Lloyd Doyle
June 23, 2018

Ferrari built just 36 examples of the model from 1953 to 1964, and these elegant race cars have generated the highest prices among all vintage automobiles in recent years.

This is a Ferrari 250 GTO.

The Ferrari 250 GTO could be on the auction market for $65m.

Widely revered as one of the ultimate collector's cars, the 250 GTO has claimed close to 300 overall racing victories worldwide.

The Ferrari 250 GTO on offer, chassis no. 3413 GT, is the third of the 36 examples built, and began its life as a Series I auto.


Later in 1962, the GTO was sold to regular Ferrari privateer customer Edoardo Lualdi-Gabardi. Phil Hill drove it in the Targa Florio, a legendary race at which this very auto won its class the following two years running.

First used as a test vehicle by American racing legend Phil Hill, the red coupe went on to win the Italian GT championship in 1962 and several other events before transitioning to the historic racing circuit, where it has competed ever since. At the time, the GTO was described by the auction house as "the most valuable auto ever to be sold at auction." .

After Lualdi-Gabardi bought another GTO the next year, he sold this one to Gianni Bulgari (of jewelry fame), who had it converted by Ferrari's coachbuilder Scaglietti with Series II bodywork in '64.

Mr Bulgari, along with the next owner Corrado Ferlaino, campaigned the GTO in the 1963 and 1964 Targo Florio, winning in its class. The vehicle contested a total of 20 races in period, never involved in an accident, and not once failing to finish. A rare case and incredible feat for any race auto, it retains its original engine, gearbox, and rear axle, as well as its factory Series II body, in which it was clothed by Carrozzeria Scaglietti in 1964. In the decades since, it's passed through the hands of several other collectors, ultimately landing in the collection of noted software architect Dr. Greg Whitten - head of Numerix and a former top dog at Microsoft.

Now comes news that yet another 250 GTO is set to head to auction, this time with an estimate of over $45 million, a figure which would set a new record for a vehicle offered for public sale.

Other reports by Iphone Fresh

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