What does GTO stand for?
The name, gto was inspired by the ferrari 250 gto. The moniker is an italian abbreviation for gran turismo omologato (grand tourer homologated), designating being certified by the fia for racing in the grand tourer class as a production car with at least a hundred units made. The ferrari 288 gto holds a special place in the hearts of automotive enthusiasts as one of the most iconic and sought-after supercars ever produced. Built between 1984 and 1987, it was designed as a homologation special to meet the requirements for group b racing.Racetrack Strength, High Street Style. With only 272 ever produced, the 288 GTO was a stroke of genius from Leonardo Fioravanti, the man behind some of Ferrari’s most iconic body designs.Despite this, the GTO was 5mm shorter than the 308, due to a reduced rear overhang. It is also the first Ferrari to have ever been fitted twin turbochargers. Boasting a top speed of 189mph (305km/h), the 288 accelerated to 62mph (100km/h) in a speedy 4.
Why are GTO so expensive?
Hagerty considers that the Ferrari 250 GTO is at the pinnacle of collectable cars because it combines so many of the attributes that enthusiasts lust after: a dominant racing record in period; a beautiful and instantly recognisable body; a phenomenal engine; very limited production numbers; and that special prancing . Ferrari 250 GTO ($52 Million and $70 Million) Before being sold in 2013, it was owned by Paul Pappalardo, who reportedly restored it and raced it in a number of heritage race series. In 2018, another Ferrari 250 GTO in silver blue became the most expensive vehicle ever sold at $70.The value of a 1984 Ferrari 288 GTO can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $2,550,000 for a 1984 Ferrari 288 GTO in good condition with average spec.How much is a 1985 Ferrari 288 GTO worth? The value of a 1985 Ferrari 288 GTO can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $2,550,000 for a 1985 Ferrari 288 GTO in good condition with average spec.Ferrari 250 GTO ($52 Million and $70 Million) Before being sold in 2013, it was owned by Paul Pappalardo, who reportedly restored it and raced it in a number of heritage race series. In 2018, another Ferrari 250 GTO in silver blue became the most expensive vehicle ever sold at $70.In 2018, Chassis 4153 GT, a 1963 Ferrari 250 GTO, was sold in a private transaction for a staggering $70 million, setting the record for the most expensive classic car ever sold. The buyer? David MacNeil, the founder and CEO of WeatherTech, the premium automotive accessories company.
How much is a 1984 GTO worth?
Typically, you can expect to pay around $2,550,000 for a 1984 Ferrari 288 GTO in good condition with average spec. Typically, you can expect to pay around $163,000 for a 1984 Ferrari Testarossa in good condition with average spec.What is the most expensive Ferrari of all time? The most expensive Ferrari of all time is the 1962 Ferrari 250 GTO, which sold for a whopping $70 million in a private sale.A: The average price of a Ferrari Testarossa is $151,988. Q: What years was the Ferrari Testarossa sold? A: The Ferrari Testarossa was sold for model years 1984 to 1992.The highest selling price of a 1985 Ferrari 288 GTO at auction over the last three years was $4,405,000. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.
How many 288 GTO exist?
Ferrari had no issues with the 288 GTO, having sold all 200 before production even began. Despite the race series ending, 272 cars were built in a three-year run. Ferrari built only 36 250 GTOs (33 of the 1962-design Series I cars and three 1964-design Series II cars, with revised bodywork).Road Cars Were Only Built Because Of The Race Cars In 1962, the FIA regulations required a minimum of 100 examples to be built to be homologated for Group 3 GT racing. Ferrari only made 36 examples of the Ferrari 250 GTOs which was a long way off from the minimum requirement of the FIA.Ferrari built only 36 250 GTOs (33 of the 1962-design Series I cars and three 1964-design Series II cars, with revised bodywork).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.
How many Ferrari GTO are left?
There Are 33 Ferrari 250 GTOs Left In The World. However, what can be agreed upon is the fastest muscle car built in the 2000s. The model in question is the Pontiac GTO, specifically the 2006 model, the last year the GTO would ever be made, as Pontiac folded as a whole just four years later.The first generation of the GTO is credited with popularizing the muscle car market segment in the 1960s. Some consider the Pontiac GTO to have started the trend with all four domestic automakers offering a variety of competing models.
Which is the rarest Ferrari?
Ferrari 375 Plus With only five units ever produced, its rarity is unmatched, making it one of the most sought-after collectibles in the automotive world and one of the rarest Ferrari models ever made. Listed at Automobiles Etcetera for the price of just over $4. Ferrari has ever made, and stands out in its greatness even among the pantheon of Ferrari’s hallowed Big Five.