Auction Block: 1962 Ferrari 250 GTO

Nov 15, 2016

Category: Rides

In 2014, a 1962 Ferrari 250 GTO sold for a record-breaking 38 million dollars at Bonhams’ Monterey auction – making it the most expensive vehicle ever sold at auction. Another reportedly sold privately in the year prior for $52 million. So when we heard that another just hit the market with a reported price tag of $56 million, we weren’t entirely shocked. Especially when we found out that it’s the 2nd one ever built.

Immediately enlisted for track duty following it’s completion on March 16th, 1962, this was the first 250 GTO ever to race. And that makes it even more special. Beneath its hood sits a monstrous 3.0 liter V12 engine. The very same engine that helped it place 2nd overall at the Sebring 12-hour and 6th overall at the LeMans 24-hour. So, not only is it a member of an historically significant model run, but it has partaken in a number of historical events itself. The fact of the matter is, a gorgeous vehicle such as this is rarely offered for public sale. This car is history incarnate. And we sincerely hope that whomever gets behind the wheel knows how truly lucky they are. [Purchase]

1962 Ferrari 250 GTO 01

1962 Ferrari 250 GTO 02

1962 Ferrari 250 GTO 03

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