The 1962 Ferrari GTO is the holy grail to car collectors. Only 36 were ever built and in 2018 it smashed car auction sales records by selling for $48,405,000, or $10 million more than the last record holder, another GTO which sold for $38,115,000 in 2014 ($42,900,000 today).
Edoardo Luildi-Garardi drove this record breaking Ferrari to victory in the 1962 Italian GT Championship, and it's only one of seven with Series II coachwork. The car's history is fascinating.
There have been more succressful Ferrari models, such as the 250 L, which has its engine mounted behind the driver, but the front-engined GTO is more popular because it's easier to drive.
All 36 of the 250 GTOs ever made are still running and their ownership has created a very exclusive club. They all know one another and get together for road rallies.
This particular GTO was only the third one built, but it was given a new body in 1963, incorporating changes from the improved aerodynamics and handling.
But this GTO is not the most expensive GTO ever sold. A silver 1963 GTO sold to the founder of WeatherTech for $70 million in 2018 in a private sale. That car won the 1964 Tour de France.
Engine: 3.0 L V-12
Horsepower: 296 HP
Top speed: 174 mph
Weight: 1.940 pounds.
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