This '62 Ferrari 250 GTO Could Become The Most Expensive Car Ever

This ’62 Ferrari 250 GTO Could Become The Most Expensive Car Ever

Last Updated: July 3, 2018By Mary J.

On the heels of a 1963 Ferrari 250 GTO allegedly selling for $70 million, this 1962 Ferrari is heading to an auction near you — so long as you’re in Monterey during its legendary car week. The car, chassis number 3413, is slated to sell at the RM Sotheby’s sale at Monterey and could become the most expensive car to sell at auction.

Keen-eyed Ferrari enthusiasts might be thinking that this looks a lot like a 1964 Ferrari 250 GT0, also known as the Series II cars by collectors and enthusiasts. And you’d be right — this is a 1964 Ferrari GTO body that replaced chassis no. 3414’s original 1962 shell. According to the auction listing, this was the third 250 GTO built and was driven by Phill Hill in the 1962 Targa Florio road race before heading to its first owner, gentleman racer Edoardo Lualdi-Gabardi.

From there, this Ferrari was sold to Gianni Bulgari, who raced it and eventually had it rebodied by Carrozzeria Scaglietti in 1964. According to the auction listing, the car was never in any accidents, despite it being rebodied, and retains its original engine, transmission and rear axle.

After its racing career, this Ferrari bounced around collectors’ hands — until 2000 when Dr. Greg Whitten of Microsoft fame. During Whitten’s ownership stint, the car returned to the race track during historic events and was shown publically.

It’s tough to say what this Ferrari will sell for

From there, the V12-powered Ferrari is headed to auction to likely take the crown as the most expensive car to ever sell at an auction. It’s tough to say what this Ferrari will sell for, but a good guess would be to expect nothing less than $50 million. So, you might want to talk to your money people before you catch board your private jet en route to Monterey this August.