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The world’s Most Expensive Car ever sold at auction

The world’s Most Expensive Car ever sold at auction

Ferrari 250 GTO

Ferrari 250 GTO is a sports car manufactured by Ferrari from 1962 to 1964. 39 250 GTO Ferrari cars are produced from 1962 to 1964. The car designed by Giotto Bizzarrini and Sergio Scaglietti. Giotto Bizzarrini focused on top speed of the car. The body design of this car tested in Pisa University and testing with different designs.

Enzo Ferrari North America Agent

Luigi Chinetti is first dealer agent for Enzo Ferrari in North America. Luigi Chinetti was the first founder of the North America racing team also. This team is on the top ranking of racing team in United States. Chinetti sold out his first Dealership Ferrari to Briggs Cunningham for racing purpose, which ended up in his motorcar museum. Chinetti kept safe the information of the Ferrari buyers. The new 250 GTO cost in United States is US$18,000 at that time and this cost was personally approved by Enzo Ferrari.

Thought behind 250 GTO design

250 GTO is actually designed for the competition of sports car racing. In 1962 the designer of this car Giotto Bizzarrini and many other engineers were fired from company due to controversy with Enzo Ferrari. Then Mauro Forghieri was the 2nd person who works with Scaglietti Design Company for further development of 250 GTO body. 250 GTO engines, chassis parts proved in earlier racing car competitions. The chassis of this car were same as 250 GT SWB with a little difference in their design and less weight.

In 2004 sports car International nominated 250 GTO on top of the list of top racing cars. Motor trend rated 250 GTO on top of the list as greatest Ferrari car of all the time. Motor trend is an automobile magazine publishes by TEN: The Enthusiast Network in 1949, 67 years ago. Popular Mechanics rated this car the hottest car of all the time. Popular Mechanics is firstly issued by Hearst Company in January 11, 1902, 115 years ago.

Body and Chassis

  • Control arm suspensions
  • Live axel with Watt’s Linkage
  • Disc brakes
  • Borrani wire wheels
  • Tipo 168/62 Comp. 3.0 L V12 engine used in this car
  • six 38DCN Weber carburetors
  • GTO 250 has 300 house powers
  • This car has FR layout
  • small radiator inlet
  • This car was related to 330 LMB and to 250 LM
  • GTO 250 has 2-door berlinetta
  • The transmission of this car is 5-speed dog leg manual
  • GTO 250 manufactured on hand-welded oval tube frame
  • This car has 5-speed unit with Porsche gearbox

GTO 250 manufactured in many colors but the best color ever was Rosso Cina. This car brings revolution in Ferrari Company. 250 GTO was the styling car ever. In May 2012 at Bonham's Quail Auction Ferrari 250 GTO serial number 3851GT was sold out by British race driver Stirling Moss at US$38 million including buyer’s premium and set highest selling price of a car ever. In October 2013, the chassis number 5111GT 1963 Ferrari 250 GTO sold out by Paul Pappalardo to an unknown buyer at US$52 million. So that’s the world most expensive 250 GTO car ever sold in the world.

Eisha.Mehtab

Author: Eisha.Mehtab

Eisha Mehtab is currently in college completing her A levels, holds an avid interest in psychology & philosophy and lives by the motto to "do a little bit of everything."