Not all Ferrari 250 GTOs are red. The unusual colors on this car reflect its early race history in Sweden. Before going to Sweden in the summer of 1963, it raced at LeMans, in the Tour de France, and in the Paris 1000 Kilometers at Monthlhery in 1962. It finished fifth overall at Sebring in March of 1963.
This car was originally obtained by Count Giovanni Volpi (SSS Scuderia Serenissima Repubblica di Venezia). It was driven by Vacarella and Scarlatti, two works Ferrari drivers of the period, in the 1962 24 Hours of LeMans, and won outright the Nine Hours of Auvergne at Clearmont Ferrand later that year. It's believed that Volpi owned the car on paper only and that SEFAC Ferrari handled the race entries and driver assignments. Swedish racing driver Ulf Norinder owned the car from 1963 through 1971, racing the car at the Targa Florio, Monza, Daytona, Spa, Nurburgring, Reims and at a number of Swedish venues. It's believed that he received direct assistance and entry in several races through SEFAC Ferrari. On occasion, Norinder had this car driven by other famous drivers of the period, including Jackie Stewart and Chris Amon. Over the years, this car scored many points for Ferrari in the World Sports Car Manufacturers Championship.
A stunning 250 GTO is restored by the Classiche departmentMaranello, 28 November 2014
– One of the stars of the tracks of the 1960s was a Ferrari 250 GTO which has just emerged from a two-year-plus renovation at the Ferrari Classiche department, ready to return to its owner in America. During its stay in Maranello, the car was restored to the original engine and bodywork configuration in which it was delivered to Bologna-based publisher Luciano Conti in 1962. The latter also drove it in its maiden race, the Bologna-Passo della Raticosa.
The Volpi era. In June 1962, however, Chassis no. 3445 was sold to Count Giovanni Volpi di Misurata, a passionate racing driver, who competed under the S.S.S. Repubblica di Venezia insignia. During this particular stage of its career, the car also won the Trophée d'Auvergne with Carlo Maria Abate at its wheel.
A change of livery. In April 1963, the 250 GTO was purchased by Swede Úlf Norinder who, to comply with the racing regulations of the day, changed its livery from the original red to blue and yellow colours of Sweden. Mr Norinder then drove it to victory in the Vastkustloppet in his home nation. The car also finished second twice in the Targa Florio (with Bordeu and Scarlatti in 1963, and 1964 with Norinder and Pico Troiberg, the latter time as no. 112 which it still bears today). It subsequently changed hands several times before being sent to the Classiche department in 2012 to be restored to its original splendour. That process now complete, the 250 GTO once again sports the Swedish colours and is back with its owner.Source - Ferrari