Attention billionaires! A Ferrari 250 GTO will soon crosses the auction the block at Bonhams Quail Lodge event in August. The reason you should care about this is because the last 250 GT was sold for a record $52 million dollars, making this Ferrari model the most valuable car in the history.
This particular 1962 Ferrari 250 GTO is chassis number 3851 GT and the 19th GTO ever built, and it’s been privately owned by Violati family since 1965. The car has remarkable motorsport history with various hill climb titles and a second place finish in the classic Tour de France car race.
Powered by a 300 horsepower V12 engine, this Ferrari 250 GTO cost the family $18,500 back in the Sixties. Since then, it’s been increasing in value at an incredible pace – almost $2 million every year – and now it can potentially become the world’s most expensive car by breaking the previous record.
Bonhams Auction will offer this GTO with no reserve, which kind of shows the confidence they have in this car.