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Ferrari 250 GTO Sells For $51.7M, Becomes Most Expensive Ferrari Ever Sold At Auction

by Jordan Aquistapace
November 14, 2023
in Auctions, Ferrari News
Ferrari 250 GTO Main

RM Sotheby's

As part of a significant event that will be remembered for generations, RM Sotheby’s has successfully auctioned the only factory-owned Series I 250 GTO for a staggering $51.7 million making it the most expensive Ferrari ever sold at auction. This jaw-dropping sale, conducted on November 13, 2023, at Sotheby’s New York during its Marquee Week Sales of Modern and Contemporary Art, marks a momentous milestone in automotive auction history. The Ferrari GTO, known for its remarkable prestige in the classic car world, attracted an affluent group of global bidders, concluding in a historic sale that embodies automotive excellence.

This exceptional GTO (Chassis 3765) tells a storied history that transcends outside of traditional ownership. It’s the sole GTO Tipo 1962 raced by Scuderia Ferrari, making it a unique treasure in the world of vintage sports cars. Its renowned racing legacy includes a class win and 2nd overall at the 1962 Nürburgring 1000 KM, participation in the 1962 24 Hours of Le Mans, and a runner-up title in the 1965 Sicilian Hillclimb Championship. The GTO’s rich heritage is further enhanced by its previous ownership by a chairman of the Ferrari Club of America, along with numerous awards including an FCA Platinum Award and a Best of Show at the Amelia Island Concours d’Elegance.

The sale of this Series I GTO, often regarded as the Holy Grail of sports cars, offers its new owner not only a remarkable piece of Ferrari’s legacy but also the opportunity for further enjoyment in vintage racing, touring, or showcasing at prestigious concours d’elegance and marque gatherings worldwide. View all RM Sotheby’s inventory currently for sale on duPont REGISTRY by clicking the link below.

View All RM Sotheby’s Inventory

 

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Source: RM Sotheby’s

Tags: Featured
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