What is a GTO Ferrari?

What is a GTO Ferrari?

The ferrari gto (often referred to as ferrari 288 gto) (type f114) is an exotic homologation version of the ferrari 308 gtb produced from 1984 until 1987 in ferrari’s maranello factory. It was designated gt for gran turismo and o for omologata (homologated in italian). Ferrari 288 gto. Overview. In italian,grand turismo omolagatois correctly abbreviated as gto, but in english itshouldhave been grand touring homologation, or gth. The ferrari 250 gto , however, was on the minds of race fans internationally as the ferrari had experienced a spate of road racing successes in europe and in the states.

How many Ferrari 250 GTO exist?

Altogether, only 36 Ferrari 250 GTO models were ever produced. Each model is currently accounted for, with notable owners over time including the likes of Ralph Lauren, jewelry heir Gianni Bulgari, and the WeatherTech founder and CEO David MacNeil who paid a reported $70 million for his 1963 Ferrari 250 GTO. Classic Bugatti models are likely to have fetched $30-40 million in private deals, but David MacNeil now holds the unofficial record for his $70 million Ferrari 250 GTO.World’s most expensive car ever: Rs 1,100 crore Mercedes-Benz 300 SLR. The vintage 300 SLR was sold by Canadian classic car auction company RM Sotheby’s on May 5, at the Mercedes-Benz Stuttgart Museum.Experts believe his 1965 Ferrari 275GTB/C Speciale could be the single most valuable car in the world. If it ever goes to auction, we might see sheiks and oligarchs jockeying the price toward a record-breaking $100 million.

Why is 250 GTO so expensive?

Second, the 250 is the last great front-engine GT car, as the design evolved to mid-engine. Third, there were just 36 250 GTOs built, and incredibly, all 36 chassis are still accounted for, a testament to the intrinsic value of the model. The rarest GTO ever made is the nineteen seventy-two four fifty-five CI high output post coupe MT. While it’s no GTO judge, it’s still Bow some impressive specs for the 1972 model year. As we’ve discussed previously, the 455 high output V8 amps up horsepower numbers from 250 in the standard 455 V8 to 300 horses.

What is a 1970 GTO worth today?

Typically, you can expect to pay around $48,650 for a 1970 Pontiac GTO in good condition with average spec. The highest selling price of a 1970 Pontiac GTO at auction over the last three years was $187,000. Typically, you can expect to pay around $27,300 for a 1972 Pontiac LeMans GTO in good condition with average spec. What is the highest selling price of a 1972 Pontiac LeMans GTO? The highest selling price of a 1972 Pontiac LeMans GTO at auction over the last three years was $80,300.A 2006 Pontiac GTO has depreciated $890 or 7% in the last 3 years and has a current resale value of $11,213 and trade-in value of $9,794.

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