1964 Ferrari 250 GTO

Model History

Auction sales research

Specifications

Body styles and Chassis Data

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Coupe Chassis Num: 5319GT   Sold for $264,000 at 2006 RM Auctions. World Driving Champion Phil Hill and Belgian Oliver Gendebien were seated behind the Ferrari 250 GTO when it made its appearance at the 12 Hours of Sebring in 1962. The two were a little upset that they had been stuck in the GT class rather than sitting behind a prototype vehicle. At the drop of the checkered flag the duo had driven the 250 GTO to an astonishing second place finish overall behind the prototype Testa Rossa of Bonnier and Scarfotti. This would be one of many victories for the 250 GTO. By the time the 250 GTO was discontinued, it would have captured the World Manufacturer's Championship three years in a row. Thirty-nine examples of the 250 GTO were built. The cost of a new 250 GTO would cost the buyer $18,000. This low production number and backed by the vehicles racing success has driven the cost of an original 250 GTO into the millions. In 1988 an original 250 GTO was sold at auction for $2 million. The price has continued to escalate. In an effort to replicate the car and offer near-originals to potential buyers, a select few were built upon existing Ferrari 250 chassis. The result were nearly flawless reproductions of the original cars. The 1964 Ferrari 250 GTO bearing number 18 was offered for sale at the 2006 RM Auction in Monterey, CA. It is a replica 250 GTO built atop a 1964 Ferrari 250 GT Lusso which has chassis number 5319GT. The first owner after the replica process were two American brothers who purchased the vehicle for competition in vintage racing events. The vehicle did not live up to their standards so they commissioned Ferrari GTO expert Mark Gerisch of Manitowoc, WS to build a brand new body. Chassis number 3223 was used as a comparison model. This replica was a unique opportunity to own a Ferrari 250 GTO. The cost of the replica is considerable less than an original. At auction the vehicle did find a new owner, selling for $264,000. By Daniel Vaughan | Dec 2006

Auction Sales Information
Auction	Monterey Sports & Classic Car Auction
Estimated Value:	$275,000-$325,000
Sale Price	$264,000

Event	Group
Monterey Sports & Classic Car Auction	1960-1964