Ferrari 250 GTO (1962 – 1963)

Arguably the most expensive car in the world, the Ferrari 250 GTO is indeed an Italian icon of motor sport and with more curves than a race track it looks every bit the part. Since the 1940’s Enzo Ferrari has been building and designing winning sports cars for the track and thanks to homologation, for the road as well. The Ferrari 250 GTO is just one of such cars and all 36 ever made are still alive and accounted for today.

Prior to the 1962 racing season Ferrari had already built 200 competition cars based on the 250 GT constantly improving it until they finally produced the 250 GTO which became the production car responsible for spreading the Ferrari name worldwide. Early tests with Sterling Moss behind the wheel at Monza and then further input off track with aerodynamics and structural requirements helped get the GTO ready for production and at a press release on 24th of February 1962 a Ferrari was born.

PRICE GUIDE

Launch Price – N/A

Excellent – £17,000,000

Good – £10,000,000

These rare Ferrari’s fetch millions so we won’t be writing a buyer’s guide, although with only 50 LWB and 56 SWB versions of the California Spyder ever, made you would expect everyone to be in excellent condition still today. The 250 GTO is ultra rare with just 39 being made with everyone accounted for today and one going for $38 million in 2014

Ferrari 250 GTO image

Specification

Years Produced1962 - 1963
Performance0 - 60mph 4.4sec / Top Speed - 174mph
Power & Torque296bhp / 217Ib ft
Engine2953 cc 24 valves /V12
Drive-trainfront engine RWD
TransmissionFive speed manual
Weight880kg

Interesting Fact

The most expensive car ever sold at auction is the Ferrari 250 GTO fetching $38,114,000 at Bonham’s in August 2014. This is just under £28,750,000.

Mark Wilkinson, Managing Director Says:

“Clearly these iconic GT cars are out of most people’s price range but the fact that they exist today is sheer testament to the engineering and design from way back in the sixties. Will the cars of today hold a candle up to these classics in the future I wonder?”

mark says

Request an insurance quote

MORE VITAL STATS

October 3rd, 2016

Porsche 924 (1976-1988)

The Porsche 924 was a financial stabiliser when the company was at a low in the mid – seventies originally designed by Porsche and commissioned out to VW using many VW/Audi parts and then being sold back to Porsche when VW changed their initial plans. Early models namely pre 1980 cars were not fully galvanised so although all 924 will show signs of rust if not treated accordingly the earliest models will generally be the worst.

VIEW MORE

August 22nd, 2016

Porsche 944 Turbo (1985-1991)

The Porsche 944 was all the good bits of the 924 with added 928 sparkle. The 944 bridged the gap between the 924 and the 911 and was accepted as a true Porsche unlike the 924 although it came from the same factory which was Audi in Neckarsulm. With a 2.5 litre inline four cylinder engine developed by Porsche it had the right credentials to earn its status in the family album.

VIEW MORE

April 6th, 2017

Mercedes-Benz SL (1980 – 1989)

If we look back at the 1980’s Mercedes-Benz stood for wealth, power and taste in the guise of the formidable SL range. Mention Gullwing or Pagoda and any enthusiast will know you were talking about a classic Mercedes SL.

VIEW MORE