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News18 » Auto
1-min read

Ferrari 250 GTO Sold for Whopping Rs 537 Crore, Becomes World’s Most Expensive Car [Video]

Only 36 examples of the Ferrari 250 GTO were ever built from 1962-1964 and this particular unit is a 1963 model that won Tour de France Automobile.

Arjit Garg | News18.comArjit_Garg

Updated:June 5, 2018, 2:43 PM IST
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1963 Ferrari 250 GTO
1963 Ferrari 250 GTO. (Image: YouTube Screengrab)

Back in 2014, a rare Ferrari 250 GTO fetched a whopping $38 million at Bonhams’ Monterey Auction, making it one of the most exclusive and expensive Ferrari ever sold in an auction. Reportedly, another rare Ferrari 250 GTO has fetched stunning $80 million in a private sale, making it the most expensive car ever sold in an auction.

Only 36 examples of the Ferrari 250 GTO were ever built from 1962-1964 and this particular unit is a 1963 model. The Ferrari, known as 4153 GT won the Tour de France Automobile in 1964, which is one of the world’s most famous and historic motor races.

As per a report on The duPont Registry, the buyer of this rare Ferrari could be David MacNeil, CEO of WeatherTech, the company that makes and sells floor mats and cargo-area covers. MacNeil is known for his love for Ferrari and is a Ferrari collector and driver.

The 1963 Ferrari 250 GTO spent most of its time in Germany and during the 1990s, it was restored by Hertfordshire-based DK Engineering. James Cottingham, a vehicle acquisition specialist at DK Engineering, said: "This is without doubt one of the best 250 GTOs in existence in terms of history and originality.

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The Ferrari 250 GTO is known for fetching high amounts at various auctions and is a worthy classic car because of its looks, rarity and performance on both the track and public road. Ferrari fitted the 250 GTO with a 3-litre V12 engine producing 300bhp, pushing it from 0-100 kmph in 6.1 seconds and a top speed of more than 174mph.

The 1963 Ferrari 250 GTO is often called the Holy Grail of cars.

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| Edited by: Arjit Garg
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