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In Lifestyle

1962 Ferrari 250 GTO Hits Auction Block For €40 million EUR

07/29/2014 Jay Casteel

1962 Ferrari 250 GTO

One 1962 Ferrari 250 GTO of only 39 ever built is set to hit the auction block soon for the staggering pricetag of: €40 million EUR (approximately $54 million USD).

The stunning supercar was developed by Giotto Bizzarrini with styling by Sergio Scaglietti and was originally produced to compete in the FIA’s Group 3 Grand Touring Car category. When released in the 1960s, the Ferrari carried a $18,000 USD pricetag in the States. However, prospective buyers had to be personally approved by Ferrari Enzo and his US distributor, Luigi Chinetti.

Check out the original listing for here.

AuctionsCarsCollectiblesFerrari
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