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Very rarely does a Ferrari 250 GTO come up for sale, and if it does, you’ll probably never hear about it. Most sales are done behind closed doors, and the amount of said transactions are almost never disclosed to the public. That’s just part of the mystique behind the world’s most valuable car, and it’s partially why the cars are so coveted. Just 36 examples were built between 1962 and 1963, each still in existence and easily carrying an eight-figure price tag. A few years ago, a 250 GTO supposedly changed hands for nearly $30 million, but no one can completely confirm the rumor.
We will, however, have more details about the next sale of a 250 GTO. RM Auctions have announced that they will be doing a “private treaty sale” of 1963 250 GTO chassis #4675GT. The car has been in possession of its current Japanese owner, Yoshiho Matsuda, since 1996 (a low point for the value of the car compared to the high prices of the late 1980s), and it has an extensive racing history.
We saw the car at the Pebble Beach Concour d’Elegance back in 2004, and while its Series II bodywork isn’t quite as stunning as earlier models, it’s still an extraordinarily beautiful car. If you’ve got millions of dollars just sitting around, now is the time to break out the checkbook and buy your very own rolling piece of V12-powered Italian artwork. Hit the jump for the official press release from RM or click the high-res gallery below for a beautiful studio shot plus several of our photographs from our 2004 encounter with the car.
Gallery: 1963 Ferrari 250 GTO chassis #4675GT
Non-Studio Photos by Drew Phillips / Copyright (C)2010 Weblogs, Inc.
[Source: RM Auctions]
Continue reading Ultra-rare 1963 Ferrari 250 GTO up for sale by RM Auctions… will it set a record?
Ultra-rare 1963 Ferrari 250 GTO up for sale by RM Auctions… will it set a record? originally appeared on Ferrari News on Thu, 04 Feb 2010 16:56:00 EST. Please see our terms for use of feeds.
At the exclusive ‘Ferrari Leggenda e Passione’ event on May 17, RM Auctions will present the 1957 Ferrari 250 TR.
Scaiglietti-designed, “pontoon-fender” 250 TR was produced from 1957-1958, only 22 units were produced. It is one of the rarest and most iconic Ferrari racing cars.
Between 1958-1961 Ferrari 250 TRs entered 19 international championship races winning 10 of them. It is most desirable and cimpetitive racing Ferrari ever built.
RM Auctions expects that this Ferrari 250 TR will sell for over 11 million dollars (8.5 million Euros). Current world record for the most expensive vintage car ever to be sold at auction is also held by RM Auctions for a 1961 Ferrari 250 GT SWB California Spyder, which sold for $10,894,400 USD (€7,040,000 Euros). This record was set at least year’s Ferrari Leggenda e Passione, in Maranello, Italy on May 18, 2008.
