Ferrari 250 gto red

The red Ferrari 250 GTO is one of the most iconic and valuable cars in the world, the ultimate symbol of Italian automotive engineering and design from the 1960s.

About this subject

The Ferrari 250 GTO was produced from 1962 to 1964 by Scuderia Ferrari, with only 39 units built. Designed for the FIA's Gran Turismo category, it combined a 3.0-liter Colombo V12 engine with a lightweight chassis and aerodynamic bodywork penned by Giotto Bizzarrini and Sergio Scaglietti. Originally developed for endurance racing, the 250 GTO won the World Manufacturers' Championship in 1962, 1963, and 1964, cementing Ferrari's dominance on the track.

The design of the 250 GTO is often hailed as a timeless masterpiece. Its flowing curves, functional air intakes, and iconic front grille contribute to an aggressive yet elegant aesthetic. The red paint, known as Rosso Corsa, not only reflects the tradition of Italian racing teams but also accentuates the sculpted body lines. Each example has minor variations due to hand-built construction, making every GTO unique.

Market value of the Ferrari 250 GTO has skyrocketed in recent decades. In 2018, a single example sold for over $48 million at auction, setting a world record for a car. Its rarity and winning racing history make it the holy grail for collectors. Owners such as racing driver Stirling Moss and actor Ralph Lauren helped immortalize the model, which remains a symbol of status and automotive passion.

Beyond racing success, the 250 GTO influenced generations of supercars. Its front-engine, rear-wheel-drive layout and lightweight philosophy were replicated in later models like the Ferrari 250 LM and 275 GTB. Even after 60 years, the 250 GTO tops the wish lists of enthusiasts and is celebrated at events such as the Pebble Beach Concours d'Elegance and the Goodwood Festival of Speed.

Frequently Asked Questions

How many Ferrari 250 GTOs were built?

Only 39 units of the Ferrari 250 GTO were built between 1962 and 1964, making it extremely rare and highly sought after.

What is the current value of a Ferrari 250 GTO?

The value can exceed $48 million, as seen in recent auctions, depending on provenance and condition.

What engine does the Ferrari 250 GTO have?

The 250 GTO is powered by a 3.0-liter Colombo V12 engine producing around 300 horsepower, paired with a 5-speed manual transmission.