One of just 36 in existence is headed to auction in November and could fetch $60 million
The record auction price for an automobile is the US$143 million paid for a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé at RM Sotheby’s last year. But there were only two of those cars built, and the other one is staying put at the company’s museum in Stuttgart, Germany. So, for stratospheric auction results in the near future, the Ferrari 250 GTO racer, of which 36 were made, is the firm focus.
The car’s race history includes a Le Mans in 1962, which wasn’t finished because of overheating, and, that same year, second place and a class first at the Nürburgring 1,000-kilometer race. Later in the 1960s, under private ownership, it was campaigned around Italy, winning three first overall results, and two second places. It came to the U.S. in 1970, and since then, has been exhibited sporadically.
The Ferrari GTO story is a fabulous one. The US$48.4 million result is the highest auction price, but it was not the most paid for an example of the model. WeatherTech CEO David MacNeil bought chassis number 4153GT privately in 2018 for more than US$70 million and then spent another large sum to restore it to its appearance at the 1963 Le Mans .
3413GT. This is the car that sold at auction for US$48.4 million in 2018. It was owned until then by Greg Whitten of Medina, Washington. Whitten is an early Microsoft employee, with titles that included Chief Software Architect. He later served as chairman of Numerix Software. This car was campaigned extensively in Italy and England before Whitten paid US$7 million for it in 2000. Under his ownership it was raced in vintage events around the U.S. The current owner is unclear.
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