Ferrari 250 GTO (1962–1964)

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A homologation racing Ferrari that became the most valuable car in the world.

The 250 GTO existed for one reason: to go racing. To qualify for the FIA's grand touring class, Ferrari needed to build a run of road-legal cars, so the GTO arrived as a thinly civilised competition machine — a 3.0-litre Colombo V12 making around 300 hp in a beautiful, hand-formed aluminium body, weighing just 880 kg. It duly won its class championship in 1962, 1963 and 1964.

Only 36 were built between 1962 and 1964, and remarkably, every one survives. That combination — genuine racing pedigree, exquisite looks, and absolute scarcity — has made the 250 GTO the most coveted car on Earth. One changed hands privately in 2018 for a reported 70 million dollars, the highest price ever paid for a car at the time.

The GTO is where a racing car became a work of art, and then an asset. No single model better captures why old Ferraris are worth what they are.

Written and fact-checked for every.autos · every claim checked against the sources below · 2026-07

Sources (2)

Background

The Ferrari 250 GTO is a V12 front engine grand tourer produced by Ferrari from 1962 to 1964 for homologation into the FIA's Group 3 Grand Touring Car category that required at least 100 made within 12 months, including 250 GT SWB that had been homologated in June 1960.

Text adapted from “Ferrari 250 GTO” on Wikipedia ↗ · CC BY-SA 4.0 ↗ · retrieved 2026-07

Specification