1962 Ferrari 250 GTO SI

VIN: 3413

$48,405,000

Sold

Seller details

Vehicle specs

  • Chassis/VIN

    3413

  • Body style

    Coupe

  • Engine Type

    V12

  • Horsepower

    300

  • Induction

    6 Weber Carbs

  • Generation

    1962-1964 Ferrari 250 GTO

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Borrani wire wheels, Dunlop tires, Marchal headlights, spun aluminum Talbot mirrors, sliding side windows, rollbar, Willans belts, fire system.

Condition

#3 Good

Runs and drives well. Flaws not noticeable to passersby. Most common condition.

About Hagerty’s condition ratingsClose

The third GTO built, raced when new by Edoardo Lualdi-Gabardi, 1962 Italian GT champion, class winner in the 1963 and 1964 Targa Florio. Test car driven by Phil Hill for the 1962 Targa Florio. Rebodied by Scaglietti for second owner Corrado Ferlaino with this Series II GTO/64 body in which form it won its class at the Targo Florio (Ferlaino/Taramazzo), a win crucial to Ferrari's GT Manufacturers championship. Subsequent owners include historic racers Dan Margulies, Neil Corner, Lord Anthony Bamford, Nigel Moores, Sir Lindsay Owen-Jones and the present owner, Dr. Greg Whitten. Campaigned frequently since then in historic races, tours and events. Original engine, geaerbox and rear axle (the engine is not installed but goes with it.) Good older paint, interior and glass. Lightly scuffed paint. A quality, well-used and maintained race car.

Market commentary

The star of the Monterey show, RM's vast new auction site in the rebuilt Convention Center ballroom was packed as the time for its appearance drew close. The car's quality and RM Sotheby's hype brought the highest auction price for an automobile in history, only a little disappointing that it didn't rise to the level of the low estimate. Its history is known, as are the originality of its important components. It's never been crashed to any significant degree and its ownership provenance is impeccable. Its only drawback is the Series II GTO/64 body with the extended roofline, low hood and extended oval grille, all added in period and part of its most important victory at the 1964 Targa Florio. But, it isn't the classic GTO, an image permanently fired in the synapses of car lovers. That may be the only factor that keeps it from being $50 million plus. It still represents the opportunity to cruise with the GTO owners every five years and appear at any event or historic race where the new owner wants to take it. As such it is a good value and for some (like me) the GTO/64 body is a plus. Greg Whitten observed, "I have displayed it in my collection next to a 250LM and the pair is just breathtaking." 3413 is breathtaking on its own.

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