Why is the Ferrari 250 GTO so special?
Combined with its 300hp output, 282km/h top speed and feathery 880kg without fluids (sizeable improvements of 20hp, 7mph and 60kg over the 250 GT SWB), the 250 GTO was immediately competitive, clinching the over 2. FIA’s International Championship for GT Manufacturers three years on the bounce in ‘ . 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.With nearly 100,000 units sold within a single year, the 1966 Pontiac GTO is by far one of the most popular muscle cars in history. The beautiful coupe’s iconic styling helped it to become an instant classic. Here are some facts about this storied automobile.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.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.
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. Typically, you can expect to pay around $40,217 for a 1967 Pontiac GTO in good condition with average spec. The highest selling price of a 1967 Pontiac GTO at auction over the last three years was $671,000.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.Typically, you can expect to pay around $36,883 for a 1964 Pontiac LeMans GTO in good condition with average spec. What is the highest selling price of a 1964 Pontiac LeMans GTO? The highest selling price of a 1964 Pontiac LeMans GTO at auction over the last three years was $181,500.Upon initial release, the price point of the Ferrari 250 GTO sat at $18,000. While roughly $150,000 in today’s money may have been a distinguishing prerequisite, each owner was personally approved by none other than Enzo Ferrari himself.
What is the most collectible Ferrari?
A Ferrari 250 GTO is worth a fortune today, with prices often reaching well over the $50 million mark. These classic cars are incredibly rare and highly coveted, making them some of the most valuable in the world. Amongst the numerous international successes of the 250 GTO were wins in the Tour de France in 1963 and 1964; GT class wins in the Targa Florio in 1962, 1963 and 1964; victories in the Tourist Trophy at Goodwood in 1962 and 1963; with GT category wins at Le Mans in 1962 and 1963, and in the Nurburgring 1000 km in 1963 .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.
What is the nickname of the Ferrari 250 GTO?
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. Blame to gearing and wind-blocking shape, top speed was a laughable 115 mph. Ridiculously, John Z. DeLorean chose the same name as Ferrari’s 160 mph supercar, the 250 GTO, but without explaining its meaning. Obviously, the Pontiac was neither a Grand Turismo nor a homologation special.
What does GTO stand for?
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. This ritual is summarized by the three most famous letters ever worn by an automobile: GTO stands for Gran Turismo Omologato, which, loosely translated from the Italian, means homologated (recognized for competition) grand-touring car.GTO in Pontiac vehicles stands for Gran Turismo Omologato, an Italian term meaning Grand Touring Homologated. In the automotive world, homologated means that a car has been approved for a specific racing series or class. The name, GTO, was John DeLorean’s idea, inspired by the iconic 1962 Ferrari 250 GTO.