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Feb. 8th, 2010

Legendary Ferrari 250 GTO Offered for Sale, Could Top $25 Million

Luxury Cars: An extremely rare example of Ferrari’s legendary 250 GTO from 1963 is being offered for private treaty sale by RM Auctions. The car chassis no. 4675 GT, is one of only 36 250 GTOs originally produced and one of a limited few with Series II GTO bodywork. In addition to being considered one of the most beautiful cars ever built by Ferrari, the GTO was tremendously successful in competition, securing multiple World Championships for the famed Italian marque. RM, which is offering the vehicle on behalf of a Japanese collector, has not named a price, but the final sale could easily top $25 million or more.

In 2008 British real estate baron Bill Ainscough reportedly sold his 250 GTO for about $28 million to an anonymous tycoon, making it the world’s most expensive car. Other GTO owners include Pink Floyd drummer Nick Mason, Ralph Lauren and Anthony Bamford. “The Ferrari GTO is unquestionably one of the most iconic and coveted cars in the world,” notes Max Girardo, Managing Director of RM Europe. “This is truly a rare occasion for collectors to acquire such an important piece of automotive history.”

Photo credit: Simon Clay © 2010 courtesy of RM Auctions
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