Thread: 1963 Ferrari 250 GTO Auction?

Read this on Autoblog.com, and seems quite interesting I gotta say. It's a timeless work of art with an extensive racing history.

Here is an excerpt from Autoblog.com:

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.

PRESS RELEASE

RM Auctions, the global leader in the collector car market with a specialization in the sale of Ferraris, is representing the 1963 Ferrari 250 GTO (chassis no. 4675 GT) – one of the most coveted cars in the world, for private treaty sale.

In addition to its impressive motor car auction results at prestigious locations around the globe, including the sale of seven of the top 10 Ferraris ever sold at auction, RM generates an average of $50 million in private treaty transactions year over year.

"The Ferrari GTO is unquestionably one of the most iconic and coveted cars in the world," says Max Girardo, Managing Director of RM Europe. "This is truly a rare occasion for collectors to acquire such an important piece of automotive history and we are pleased to be chosen by 4675 GT's current custodian to represent it on the open market."

The 1963 Ferrari 250 GTO (chassis no. 4675 GT) is one of only 36 250 GTOs originally produced and one of a limited few with Series II GTO bodywork. In addition to being considered one of the most beautiful cars ever built by Ferrari, the GTO was tremendously successful in competition, securing multiple World Championships for the Modenese car builder.

In April 1963, 4675 GT left the factory finished in Rosso Cina. It was raced by such drivers as Guido Fossati, Jean Guichet, Oddone Sigala, Vincenzo Nember and Luigi Taramazzo and proved itself a tremendously capable racing car, rarely finishing outside the top three in its class and achieving numerous race wins. It participated in the full range of competitive events, including hillclimbs, endurance races and rallies.

The present owner acquired 4675 GT in 1996, and has maintained it in his exceptional, world-renowned Japanese collection ever since. Most recently 4675 GT has participated in the ultra-private events reserved only for GTO owners, namely the 35th and 45th GTO Anniversary Tours in France and California.

Here is a picture of a 250 GTO, it is not the one for sale.

30 Mill..... Thats some stacks for that whip

(ignore odd ms-paint added numbers)

A bit different than the '62 250 shape that we are so used to..

Story with lots of current photos

Car currently carries Series II ('64) coachwork, and most likely will not pull the same money that a Series I would pull. Car was rebodied in late 1963 - early 1964 after a Tour De France accident in September of 1963. Car has since had a bit of nose work done as well. (see narrow catfish mouth compared to wide slit in B/W photos) Side note, this is the last of 4 GTOs that the current owner has held over the years.

Car has been "for sale" and offered to buyers for a while now, and being a private treaty sale, it really isn't an auction either.

I'd pick it up, but I'm a bit tall for the Series II bodywork.

Beautiful Ferrari... Not sure if I would spend anything close to 30 million even if I had it. I would take the Enzo for around $1,000,000.

Originally Posted by SellExoticCars

Beautiful Ferrari... Not sure if I would spend anything close to 30 million even if I had it. I would take the Enzo for around $1,000,000.

this > enzo times eleventy

thats nice. seen one or two here in Monaco during summer. One with english plates.
wanted to race him, but didnt want to lol. Undestandable when the car commands a 30 million pricetag and my car nearly 230 k lol.

eff u munny

I'll take two -_-

REALLY.......... WHAT do you drive?

Originally Posted by JustDoIt

thats nice. seen one or two here in Monaco during summer. One with english plates.
wanted to race him, but didnt want to lol. Undestandable when the car commands a 30 million pricetag and my car nearly 230 k lol.