Car News 22 Jun 2018

Ferrari 250 GTO to lead auction with $45m estimate

A 1962 Ferrari 250 GTO could potentially sell for $45m (£34m) at the upcoming Pebble Beach Concours d’ Elegance, making it the most expensive car in auction history. Its exclusivity stems from only 36 ever being produced, of what is arguably one of the prettiest Ferrari’s ever made.

This GTO, chassis no. 3413, still has its original engine, gearbox and transmission, as well as having undergone a refit with the Scaglietti-penned, series 2 body, two years after it left the factory. This particular example started out as a test car and ran in the 1962 Targa Florio and then won nine out of the ten races it entered in the 1962 Italian National GT Championship with its owner.

The GTO featured a carburettor-fed, 3-litre V12 that generated 296bhp and speeds exceeding 170mph. The Ferrari 250 GTO goes to auction during RM Sotheby’s Monterey Sale, on the 24th-25th August 2018 in California.

   

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