The Most Valuable Car Ever Offered at Auction

1962 FERRARI 250 GTO TO HEADLINE RM SOTHEBY’S FLAGSHIP MONTEREY SALE The Holy Grail: highly original, numbers-matching 1962 Ferrari 250 GTO set to star at RM Sotheby’s Monterey sale, 24-25 August One of just 36 built, the GTO boasts successful period racing history, including winning the 1962 Italian National GT Championship (victories in 9 out of 10 races) and 1st in class at the 1963 and 1964 Targa Florio Estimated to bring in excess of $45 million, the GTO is the most valuable car ever offered for public sale View Ferrari 250 GTO on track with current owner Dr. Greg Whitten, an early Microsoft employee, at the wheel: Further information and updated list of entries for Monterey...

1962 Ferrari 250 GTO at Cars and Coffee Oct04

1962 Ferrari 250 GTO at Cars and Coffee

While a large number of rare and beautiful cars made their way out to to the October’s Scuderia Southwest Cars and Coffee, a stunning blue ’62 Ferrari 250 GTO (serial number 3387) was without a doubt the star of the show. It’s the second GTO produced and was raced at Sebring in March of ’62 where it placed second over all and first in GT with Phil Hill and Oliver Gendebien behind the wheel. It later raced at Le Mans in June of ’62 and then went on to race in NART and by a privateer after that and is one of very few GTOs raced as a factory team car. It’s been repainted a number of times since it was built and received a number of minor cosmetic changes at those times, but...