This rare 250 GTO is the most valuable Ferrari ever sold at auction
Photo: RM Sotheby's
Auction of the Week: This Vintage Ferrari Just Sold for a Record $52 Million
After nearly four decades of private ownership, the 1962 Ferrari becomes the second most expensive car ever to hit the block
The 1962 330 LM/250 GTO by Scaglietti. Photo: Courtesy of RM Sotheby's
An extraordinary 1962 330 LM/250 GTO by Scaglietti hammered down for a record $51.7 million at a recent RM Sotheby’s sale, becoming the most valuable Ferrari ever sold at auction. The record-breaking deal took place in New York last Monday, when the car was offered publicly for the first time in 38 years.
This Chassis 3765 spent nearly four decades in private ownership before it was snapped up by the lucky buyer. The classic race car had a pre-sale estimate of $60 million, and while it sold for less than expected, it still made a record for the second-highest price ever achieved for any car at auction.
“The result, achieved achieved through collaboration between Ferrari, RM Sotheby’s, and Sotheby’s, echoes our mutual pursuit of perfection—mirroring the very ethos Enzo Ferrari embodied when designing this car,” RM Sotheby’s global head of auctions Gord Duff said in a statement. “Fetching $51.7 million, this transaction adds a new chapter to a vehicle with an unmatched legacy.”
The 1962 Ferrari. Photo: Courtesy of RM Sotheby's
Detail of the 1962 Ferrari. Photo: RM Sothebys
Produced between 1962 and 1964, the 250 GTO carries a Colombo V-12 engine. Only 36 examples were ever made, this particular car also boasts an impressive car-racing history, as it was raced by Scuderia Ferrari. It came second at the Nürburgring 1,000 km in May 1962, then was driven by Mike Parkes and Lorenzo Bandini at the 24 Hours of Le Mans that same year. The vehicle was also the runner-up at the Sicilian Hillclimb championship in 1965.
Cover: This rare 250 GTO is the most valuable Ferrari ever sold at auction
Photo: RM Sotheby's
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