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A 1962 Ferrari 250 GTO has been offered on the RM Sotheby’s public sale for a hammer value of $51.7 million, effectively beneath the preliminary estimate of $60 million. Nevertheless, it nonetheless tops the record of the costliest Ferraris offered at public sale.

Ferrari 250 GTOs typically fetch astronomical costs at auctions. This 1962 instance although was a bit particular. It was the one Tipo 1962 campaigned by the manufacturing facility racing crew. It completed first in school on the 1952 Nurburgring 1000 Kilometers. It additionally raced on the 24 Hours of Le Mans however didn’t take the checkered flag as a consequence of overheating points.

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This 250 GTO was acquired by its present proprietor in 1985. Since then, it has been in the US and has featured in numerous classic racing occasions, and even gained ‘Better of Present’ on the 2011 Amelia Island Concours d’Class. The automobile was initially powered by a 4.0-liter V12, which was later swapped out for a 3.0-liter engine by the manufacturing facility.

That being stated, the costliest automobile to ever promote at public sale stays the Mercedes 300 SLR Uhlenhaut Coupe, which fetched $143 million in 2022.

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Supply: RM Sotheby’s

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