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1962 Ferrari 250 GTO with $45M estimate most expensive car offered at auction

Not long after a 1963 Ferrari 250 GTO was sold for a staggering $70 million, another is coming up for sale. At RM Sotheby's Monterey sale in late August, a 1962 250 GTO carries a pre-auction estimate of more than $45 million. Reportedly all original 250 GTOs built between 1962 and 1964 have survived, and they are all worth serious money. This 250 GTO, chassis number 3413GT, started its life as a works car tested by American racer Phil Hill at the 1962 Targa Florio road race. The third one built in a 36-unit production run, the car won numerous races in the hands of its first private owner, Edoardo Lualdi-Gabardi, who won the Italian National GT championship with it. Later on, Gianni Bulgari of Bulgari jewelry fame continued to race the car, and miraculously it was never crashed, nor did it have to discontinue a race. Despite that, 3413GT received a new, Series II specification body by Carrozzeria Scaglietti in 1964. The Ferrari was last sold in 2000 for an already respectable $7 million, and it wasn't stowed away for two decades: it's been seen at countless classic events and vintage races. RM Sotheby's says the car has been maintained in "highly original" condition, and it will be interesting to see how it performs at the auction, compared to a previous 250 GTO auction record of $38 million in 2014. At the very least, 3413GT's estimate makes it the most valuable car ever put up for auction. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery 1962 Ferrari 250 GTO auction Image Credit: RM Sotheby's Ferrari Auctions Car Buying Racing Vehicles Performance Classics RM Sotheby's ferrari 250 gto 1962 ferrari 250 gto ferrari auction

The List #0125: Visit the birthplace of Ferrari

Jessi and Patrick travel to Italy to visit the literal and figurative birthplace of Ferrari, one of the world's most storied automakers. The duo tours the Italian countryside in an all-wheel-drive Ferrari FF, making stops at Museo Ferrari in Maranello and in the founder's hometown of Modena. Join our hosts as they check "Visit The Birthplace of Ferrari" off of their list. Have an RSS feed? Click here to add The List. Click here to subscribe to The List in iTunes. Click here to learn more about our hosts, Jessi and Patrick. Related Gallery 2015 Ferrari FF View 12 Photos Ferrari Performance The List Videos ferrari ff maranello the-list modena

Ferrari 458 Scuderia to be unveiled in Frankfurt?

We're heavy on the speculative side with this, but Auto Express is saying that "Rumours of Ferrari 458 Scuderia emerge, with possible debut at the Frankfurt Motor Show." To be clear, that's the possible debut of a car that is still only a rumor, and we're not sure it will be called "Scuderia," either - remember, the track-day 360 was the Challenge Stradale. Admittedly, the rumor of its existence is strong and there is plenty of precedent: Ferrari has introduced some model or variant of its mid-engined V8 sports car at the last three Frankfurt Motor Shows.
Car and Driver went into a great deal of indepth speculation about the coming, track-focused 458 in a piece back in May, and also predicted it would be shown first in Frankfurt. According to C/D we can expect "roughly 600" horsepower and 9,300-rpm redline - up 300 rpm from standard - a faster shifting seven-speed gearbox, a dry weight under 2,900 pounds thanks to "exotic compound materials" and a "slightly stripped interior," less exhaust silencing, uprated carbon-ceramic brakes and active aerodynamics on the rear diffuser.
As far as rumors go this one sounds thoroughly lovely. We hope to see it in made metal in Frankfurt in two months, you can enjoy a detailed gallery of the 563-horsepower Ferrari 458 Challenge above for now.