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Ferrari 250 GTO

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Ferrari 250 GTO: The most valuable Ferrari (1962-1964). Race-derived V12. 39 cars total. Auction prices over $70 million.
Photo: Liam Walker / Wikimedia Commons · CC BY-SA 4.0

The most valuable Ferrari (1962-1964). Race-derived V12. 39 cars total. Auction prices over $70 million.

The Ferrari 250 GTO is a Grand Touring car produced from 1962 to 1964. The 250 GTO is widely considered the most valuable production car ever made. Only 39 cars were produced (36 standard plus 3 Series II variants), all originally for FIA Group 3 GT racing competition. The 3.0L V12 (Colombo design) makes 295 horsepower. The 250 GTO has been the most expensive Ferrari at auction for years. A 1962 250 GTO sold privately for over $70 million. Auction prices have set records repeatedly. The 250 GTO is the apex of Ferrari road racing engineering of the 1960s. On WhipJury, 250 GTO submissions are essentially impossible due to extreme rarity but reliably top voting if they appear.

250 GTO specifications

3.0L V12 (Colombo design), 295 horsepower. Race-derived FIA Group 3 GT car. Production: 39 cars total (36 standard + 3 Series II) 1962-1964. Auction values: $50-70+ million.

Frequently asked questions about Ferrari 250 GTO

Why is the 250 GTO so valuable?
Multiple factors. Limited production (39 cars total). Cultural significance as the apex of Ferrari road racing engineering. Race-derived chassis with exceptional handling. Beautiful Pininfarina design. The 250 GTO is the most desirable Ferrari for collectors.
How much does a 250 GTO cost?
Auction values: $50-70+ million. A 1962 250 GTO sold privately for over $70 million in 2018, one of the highest known sales ever. Pricing has been climbing for decades.
Are 250 GTOs original cars?
All 39 production cars are documented. Originality matters for valuation; cars with documented history and original components command premium pricing. Pagani has restored several 250 GTOs over the years; original components matter significantly.
Can I drive a 250 GTO?
Yes, in original specification. Most 250 GTOs are owned by collectors who use them sparingly for events and shows. Some have been driven on tours and rallies. Insurance and maintenance for a $50+ million car are significant considerations.
What is the difference between 250 GTO and 250 GT?
The 250 GT was a road car series; 250 GTO was the racing variant. GTO stands for Gran Turismo Omologato (Italian for grand touring homologated). The GTO was specifically designed for FIA Group 3 GT racing homologation, requiring road-legal versions to qualify for racing. Both share the V12 platform but the GTO is racing-derived.

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