There’s rich, there’s actually rich, and then there’s mega-wealthy. Match any of these categories? Lucky you—chances are, you can get whatever vehicle you want, whenever you want. But even the mega-wealthy may require to verify their bank account to see if they have the funds to snap up this gorgeous red Ferrari 250 GTO Berlinetta, which is crossing the auction block for the duration of the Bonhams’ annual Quail Lodge auction August 14–15 at the 2014 Pebble Beach concours. The GTO is getting provided at no reserve, meaning that, theoretically, you could pick it up for a buck. But you will not, and here’s why.
The automobile, chassis number 3851 GT, was the 19th 250 GTO Berlinetta built, and was completed new on September 11, 1962. It is described as obtaining enjoyed the world’s longest period of single ownership among GTO Berlinettas, having effectively been in a single fortunate family’s care for 49 years, from 1965-2014. The Ferrari’s early history is rather interesting (a lot of it is detailed by Bonhams in a press release), and entails a bunch of racing (of course), a wreck, and a young Fabrizio Violati, who “saved the auto from scrap” and hid it from his parents, only driving it at night so they wouldn’t uncover out as you’ve possibly surmised, he and his family were the happy longtime owners.
So what will this uncommon piece go for? Vintage Ferrari prices have catapulted into the outer insane-isphere in current years, and this sale requires location specifically one year right after a Ferrari 275 GTB4 NART spyder sold for $ 27.5 million. Since then, one more 250 GTO sold privately for a record $ 52 million. How significantly this 1 could fetch is quite significantly impossible to predict, but it is protected to say that it’ll be someplace in the mid-to-high 8-figure range. The onus is on you, über-wealthy.
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World’s Longest-Held Ferrari 250GTO Up for Auction—Brace for One more (Possible) Record Sale
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