Ferrari 250 GTO Claims Most Expensive Title at $52 Million

It was not that long ago that a special Ferrari 250 GTO tore across headlines when it nabbed over $30 million at auction. It is said that owning a classic Ferrari like the GTO is the key to rounding out an enviable exotic car collection, and they are certainly fetching top dollar. This explains why the new most expensive car is a 1963 Ferrari 250 GTO that changed hands for a staggering $52 million at auction.

Ferrari 250 GTO

According to sources, the actual $52 million dollar car is pictured above. 

About the car

This fiery red number is one of just 39 Ferrari 250 GTO cars ever produced. Ferrari’s 250 GTO cars were born in 1962 with the purpose of dominating the world racing circuit. Today, these cars are so sought after that the prices simply continue to skyrocket. One could own about 45 Bugatti Veyron supercars for the price of the 1963 Ferrari 250 GTO that was just sold. Imagine if Ferris Bueller so much as scratched this bad boy. The car in the film “Ferris Bueller’s Day Off” was a 1961 Ferrari GT California.

Ferrari 250 GTO

The 1962-63 Ferrari 250 GTO 

Specifications for the Ferrari 250 GTO

  • 2.953-liter V12 engine
  • Front, longitudinally mounted
  • Naturally aspirated
  • 302 bhp/ 225 kw at 7500 rpm
  • 5-speed manual transmission
  • Rear wheel drive
  • Aluminum body on steel tubular frame

Ferrari 250 GTO

Chassis no. 5111 has an impressive history in competitive racing. It won the 1963 Tour de France road race with French driver Jean Guichet manning the cockpit.

So why all the fuss for this particular type of Ferrari? Don Williams of Blackhawk Collection summed it up very nicely with the following statement in a recent interview: “Today the GTO is considered the top car to own. It’s like the Mona Lisa. It has mystique. If you have a GTO, you have a great collection.”

Ferrari 250 GTOPost by Imagine Lifestyles Luxury Rentals