Ferrari 250 gto red

The Ferrari 250 GTO is one of the most iconic and valuable automobiles in history, produced between 1962 and 1964 for endurance racing.

About this subject

The Ferrari 250 GTO was developed by Scuderia Ferrari to compete in the FIA GT category, aiming to win the 24 Hours of Le Mans and other endurance races. Only 36 units were built between 1962 and 1964, including Serie I and Serie II specifications. The 3.0-liter Colombo V12 engine originally produced 300 hp, later tuned to 320 hp in racing trim. The steel tube chassis and aluminum body, designed by Sergio Scaglietti, combined lightness and aerodynamics, achieving a top speed of around 280 km/h.

The name "250" refers to the individual cylinder displacement in cubic centimeters, while "GTO" stands for "Gran Turismo Omologato" (homologated for Grand Touring). To obtain homologation, Ferrari needed to produce at least 100 units, but Enzo Ferrari exploited rule loopholes by registering cars with progressive modifications, classifying each variant as a different model. The 250 GTO was the last Ferrari to win the FIA World Constructors' Championship for three consecutive years, from 1962 to 1964.

The model's rarity and racing pedigree command astronomical values. At public auctions, examples have fetched over $50 million, including a 2018 sale for $48.4 million. Many collectors keep the cars in original race condition, preserving details like hood vents and side air intakes. The classic red paint (Rosso Corsa) is most common, but some were delivered in other colors.

Despite its desirability, the 250 GTO is not a comfortable daily driver. Its cabin is spartan, with fiberglass seats, four-point harnesses, and a Nardi wood steering wheel. The four-speed manual gearbox has precise but heavy engagement. Nevertheless, drivers like Stirling Moss and Phil Hill praised its handling and balance. Today, Ferrari runs a certification program to authenticate original parts and cars, combating counterfeits.

Frequently Asked Questions

How many Ferrari 250 GTOs were produced?

36 units were built between 1962 and 1964, accounting for series variations and homologation modifications.

What is the value of a Ferrari 250 GTO today?

At auctions, examples exceed $50 million. The current record is $70 million in private sale.

Did the Ferrari 250 GTO win Le Mans?

Not outright, but it achieved class wins and won the FIA World Constructors' Championship for three consecutive years.