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The Most Valuable Car Ever Offered at Auction

The Ferrari 250 GTO is a car that needs no introduction. Built for competition, the 36 examples produced claimed overall victory or 1st in class in nearly 300 events worldwide by the end of the 1960s. They are decidedly beautiful cars, and likely the most famous Ferraris ever built. GTO ownership is an exclusive club-one that rarely offers new opportunities for membership.


1962 Ferrari 250 GTO by Scaglietti

Chassis No. 3413
Estimate: In excess of $45,000,000


RM Sotheby’s is extremely proud to offer this 1962 Ferrari 250 GTO, chassis no. 3413, at our flagship Monterey auction 24-25 August. The third of 36 examples built, this car's initial outing was with Phil Hill running factory testing for the Targa Florio in 1962. The car was sold into private ownership and campaigned several times that same year, winning all but one of its races, earning its first owner the Italian National GT Championship in 1962. In 1963 the car finished 1st in class and 4th overall at the Targa Florio. In 1964 the factory converted the car to the new Series II body, with which the car again took a 1st in class victory at the Targa Florio. Chassis no. 3413 never once crashed or failed to finish a race, and it retains its original engine, gearbox, rear axle, and Series II body to this day.

After an impressive early racing career, 3413 passed through an unbroken chain of ownership comprising some of the most prominent Ferrari collectors in the hobby. In 2000, the car was purchased by its current owner, Dr. Greg Whitten. Under his ownership, 3413 competed in a number of vintage events around the world as well as four of the lauded GTO anniversary tours. The next chapter of this car's rich history will be written on the block at Monterey.


RM Sotheby's sale in Monterey, California, is one of the most important events over the course of the annual auction calendar. It brings some of the greatest collector cars from all eras and interests to be auctioned off as part of the incredible Monterey auction weekend. We are still accepting select consignments to be part of this fantastic offering, and we encourage you to register to bid online. This is an event you won't want to miss.

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