1962 Ferrari 250 GTO

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Red 1962 Ferrari 330 LM/GTO front view

If you plan to be in New York City on November 13 and have easy access to about $60 million, why not take a chance bidding on a one-of-one Ferrari? The RM Sotheby’s Modern and Contemporary Art auction will offer a 1962 Ferrari 250 GTO that’s also known as the 330 LM. The car was built to suit a new race class at the time, which allowed replacing the 25 GTO’s 3.0-liter V12 with a more powerful 4.0-liter. Ferrari kept this special GTO for its own Scuderia Ferrari race team. Will this car surpass the reported $70 million a private collector paid for a 250 GTO in 2018? We shall see on November 13.

Vc Aug17

This month, another GTO is likely to set the record for the most ever paid for a car at auction. RM Sotheby’s Monterey sale is offering a 1962 GTO, #3413, which is one of a few that were re-bodied by Scaglietti with the Series II/GTO 64 body. It is expected to bring $45-$60m.