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.
Car collectors heading to Monterey Car Week in August will have plenty of treasures vying for their money, including two 1967 Ferrari 330 GTS models in very different condition offered at the RM Sotheby’s auction. A restored blue car originally owned by artist James Wyeth looks like it just drove off the showroom floor, and it has won many awards. A silver 330 GTS offered will need restoration. It’s one of 20 rare Ferrari that sat in a Florida barn for years before Hurricane Charley destroyed the building in 2004. The Ferrari then sat in an Indianapolis warehouse until this year. Offered at no reserve, it will definitely be going to a new home.
Ferrari built its reputation on dual-purpose machines, the sports and GT cars one could drive on the road during the week and to the track on the weekend. There were more comfort-oriented models, such as the 250 GT Lusso, but the 250’s immediate successor, the 275 GTB and 275 GTB/4, skewed closer to the pure sports car side of the family.
You’d be hard pressed to find a Ferrari buff who doesn’t consider the 1962-1964 250 GT Berlinetta Lusso, a.k.a. 250 GT/L, one of the top five most beautiful Ferraris. Many consider it the most beautiful Ferrari ever, an automobile worthy of possessing for its stunningly elegant Pininfarina design alone.