Why is a 250 GTO so expensive?
What makes the ferrari 250 gtos so incredibly special to command such prices? First, it’s the final evolution of ferrari’s famous 250 model, the first ferrari gt berlinetta with a five-speed gearbox. Second, the 250 is the last great front-engine gt car, as the design evolved to mid-engine. The ferrari 250 gto is extremely rare during its limited production run between 1962 and 1964, ferrari produced only 36 gtos (33 with the original, series 1 body work), and quite amazingly, all the chassis are still accounted for.The 250 GTO model is a sports car produced from 1962 until 1964 only in 39 units, all still existing, and that it is recognised as one of the most glorious and iconic Ferrari cars ever created.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.Ferrari built only 36 250 GTOs (33 of the 1962-design Series I cars and three 1964-design Series II cars, with revised bodywork).On its first outing at Monza in September 1961, prior to the Italian Grand Prix, the 250 GTO earned the nickname ‘Il Mostro’ (The Monster), due to its rough-hewn and ill fitting prototype body.
Who is the richest Ferrari owner?
Piero Ferrari (born Piero Lardi, 22 May 1945; later Piero Lardi Ferrari) is an Italian billionaire businessman and sport personality. He is the second and only living son of Enzo Ferrari, and a 10. Ferrari automotive company, of which he is the vice chairman. He owns 13. Ferretti Group. Luxury Italian car manufacturer Ferrari owns the Formula 1 team Scuderia Ferrari. Ferrari is co-owned by Dutch holding company Exor, which is majority-owned by the billionaire Agnelli family, and Piero Ferrari.Ferrari Shareholders: What Company Owns Ferrari? The primary owner of Ferrari is the investing public, while Piero Ferrari — Enzo’s second son — also holds a significant ownership stake, with Exor N. V.Ferrari is co-owned by Dutch holding company Exor, which is majority-owned by the billionaire Agnelli family, and Piero Ferrari. The Italian entrepreneur Enzo Ferrari died in 1988, having founded the car brand in 1939 after leaving Alfa Romeo.
How much is a 1964 Ferrari 250 GTO worth?
The value of a 1964 Ferrari 250 GTO SII can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $39,100,000 for a 1964 Ferrari 250 GTO SII in good condition with average spec. GTOs have repeatedly broken records for most expensive car ever sold at auction or private sale. The current record for world’s most expensive Ferrari was set in June 2018 when a 1963 250 GTO (chassis 4153GT) was sold to David MacNeil in a private sale for $70 million.The current record for world’s most expensive Ferrari was set in June 2018 when a 1963 250 GTO (chassis 4153GT) was sold in a private sale for $70 million.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.While 3765 is now the most expensive Ferrari ever to sell at auction, another 250 GTO holds the record for most expensive Ferrari ever sold. Renowned car collector David MacNeil, founder and CEO of automotive floor-mat company WeatherTech, bought chassis number 4153 GT for $70 million in 2018.
What is the cheapest Ferrari?
The cheapest current Ferrari is the Roma, and although it might come with a starting price well north of $200K, used models from its debut 2021 model year have fallen under the $190,000 mark. What do you get with the Roma? Ferrari 250 GTO ($52 Million and $70 Million) With the 4 most expensive Ferraris ever sold all being the same model, even the smallest of differences can lead to massive shifts in value. Nearly $20 million separates two 1963 Ferrari 250 GTO models, and that’s due in large part to the shape it’s in.The Ferrari 250 GTO Is Extremely Rare During its limited production run between 1962 and 1964, Ferrari produced only 36 GTOs (33 with the original, Series 1 body work), and quite amazingly, all the chassis are still accounted for.The Ferrari 250 GTO is widely considered one of the most aesthetically pleasing cars ever and the most expensive in history.The most expensive Ferrari ever sold at auction is a 1962 Ferrari 250 GTO, which fetched $48. Crores) at RM Sotheby’s. However, in a private sale, a 1963 250 GTO was sold for an astounding $70. Crores), making it the most expensive Ferrari ever sold overall.Ferrari car prices in India range from ₹3. Cr to ₹7. Cr (Ex-showroom). The top 5 popular Ferrari models and their prices are the 296 GTB (₹5. Cr), Roma (₹3. Cr), F8 Tributo (₹4. Cr), SF90 Stradale (₹7. Cr), 812 (₹5. Cr). Explore the complete price list of all Ferrari models as of June 2025 below.
What Ferrari cost $2 million?
Among the some of the other most expensive offerings is the Ferrari Daytona SP3, which was priced at about $2. A hybrid hypercar, the LaFerrari features a V12 engine paired with an electric motor to deliver a combined 949 horsepower. While the vehicles are still built in England, Rolls-Royce is actually owned today by BMW. The most expensive Rolls-Royce is the Phantom; Phantom pricing starts at more than $450,000.Rolls-Royce La Rose Noire Droptail is the world’s most expensive car, priced at $30 million (Rs. Contrary to Rolls Royce’s earlier four-seater layout, La Rose Noire is a two-seater supercar with a removable hardtop.Spending Rs 10 Crore On A Car! In India, a car like Rolls-Royce is extremely expensive, with prices ranging anywhere between Rs 7. Crore and Rs 11. Crore (on-road, Mumbai). Rolls-Royce recently launched the Spectre Black Badge with a price tag of Rs 11. Crore (on-road, Mumbai).