Due to its impressive handling and Colombo 3.0-liter V12, the 250 Testa Rossa was unstoppable. Today, a 250 Testa Rossa will set you back around $40 million, not bad for a little slice of automotive history. Related: A Peek Into The Ferrari 250 Testa Rossa’s Glorious Racing Era
Mason bought the Ferrari 250 GTO in 1978. As a founding member of Pink Floyd way back in 1965. Try not to choke, but the drummer paid only ÂŁ35,000. The car is now valued at ÂŁ40 million, so it was a good investment.
As the first Ferrari with an independent rear suspension and a transaxle gearbox, it was a major improvement over the outgoing 250-series and a superb evolution of the front-engined 250 GTO. During late 1964 and early 1965, Ferrari built three 275 GTB/C Speciales, specifically for FIA homologation and factory development, each boasting unique
Even more remarkable, though, was this 1970 GTO convertible. At $1.1M, it’s one of the most expensive muscle cars ever sold at auction and the most expensive GTO, period. Well, Pontiac GTO, anyway. Mecum. This Orbit Orange droptop was the star of a nine-car collection that consisted of nothing but Ram Air IV “Goats.”
How much does a Ferrari 250 GTO cost today? Most recently, the Ferrari 250 GTO sold for $48,405,000 by RM Sotheby’s in 2018 . Breaking its own record at the time, the Ferrari 250 GTO held the title as the world’s most expensive car sold at auction for over four years.
This 1962 Ferrari 250 GTO May Be the Most Expensive Car to Sell at Auction The prancing horse appearing at the RM Sotheby’s Monterey sale may motor past the current record of $38.1 million
The final hammer price of $47 million is well below original estimates of $60M for this exceedingly rare 250 GTO. With fees added in, the final price climbs to $51.7M (approx. ÂŁ42.2 million), a record for any Ferrari selling at auction.
As a result, when original Cobras pop up for sale, they sell for huge amounts of money. A 1964 Cobra example sold for $1.1 million just last year! Ferrari 250 GTO .
It’s represented as the very last of the 106 total 250 GT California Spiders built from 1957 to ’63, and according to online Ferrari resource barchetta, it was delivered in red over black. The car stayed with its original Minnesota owner until 1972 before selling to a Californian who paid $4500 (!) for the used, nine-year-old convertible.
How much did the last Ferrari 250 GTO sell for? Another 1962 250 GTO sold for more than $48 million through RM Sotheby’s in 2018. The most recent is a 1963 version that sold privately for $70 million just last month. John goes on to refer to the Ferrari 250 GTO as “the pinnacle of the automotive world in terms of value.”
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