{"id":121286,"date":"2023-11-13T20:50:24","date_gmt":"2023-11-13T20:50:24","guid":{"rendered":"https:\/\/cottontailsonline.com\/?p=121286"},"modified":"2023-11-13T20:50:24","modified_gmt":"2023-11-13T20:50:24","slug":"1962-ferrari-gto-auction-could-set-a-record-watch-it-live-here","status":"publish","type":"post","link":"https:\/\/cottontailsonline.com\/auto-news\/1962-ferrari-gto-auction-could-set-a-record-watch-it-live-here\/","title":{"rendered":"1962 Ferrari GTO Auction Could Set A Record: Watch It Live Here"},"content":{"rendered":"

Today at 5:00 PM EST, there’s a possibility that a 1962 Ferrari 250 GTO could set a new record for the most expensive car to ever sell at auction. To achieve that goal, it must top the astounding $143 million commanded by a Mercedes 300 SLR Uhlenhaut Coupe during a closed-door auction in 2022. You can watch all the action live, right here at Motor1.<\/em><\/p>\n

All 250 GTOs are exceptional, but this one is particularly important as it was the only\u00a0Tipo 1962 campaigned by the factory racing team. The machine even scored a first-in-class finish at the\u00a01962\u00a0N\u00fcrburgring 1,000 Kilometers. However, it failed to complete that year’s 24 Hours of Le Mans due to overheating issues.<\/p>\n

Gallery: 1962 Ferrari 250 GTO Auction <\/h3>\n


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This Ferrari originally had a 4.0-liter V12 \u2013 the only Scuderia-raced GTO to receive such an engine. But after Le Mans it was swapped out for a standard 3.0-liter unit by the factory. A privateer bought the revamped car to take racing in 1963.<\/p>\n

Eventually, this 250 GTO reached the United States where the current owner acquired it in 1985. He used the car for vintage racing and on the high-end auto show circuit, garnering a Best of Show win at the\u00a02011 Amelia Island Concours d’Elegance.<\/p>\n

The auction includes the official build sheets for preparing the car to race at the N\u00fcrburgring, Le Mans, and the factory-performed 250 GTO conversion. This extensive documentation establishes the car’s historical provenance to potential buyers and could increase the vehicle’s value.<\/p>\n

Check back here after the auction to find out how much this very special 250 GTO brings when it crosses the block. If it doesn’t dethrone the Mercedes 300 SLR Uhlenhaut Coupe, it could still set a record for the most expensive Ferrari sold at auction. That title is currently held by \u2013 you guessed it \u2013 another GTO that sold for $48.4 million in 2018.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Today at 5:00 PM EST, there’s a possibility that a 1962 Ferrari 250 GTO could set a new record for the most expensive car to ever sell at auction. 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