We may see a new car receive the world’s most expensive title at this year’s The Quail, A Motorsports Gathering event on August 15, as a 1962 Ferrari 250 GTO is going under the hammer. Another 250 GTO sold for a staggering $52 million just last year, and the car coming up for sale next month could see that figure surpassed given the current mania in classic cars—only last weekend a 1954 Ferrari 375-Plus sold for $18.3 million, and the 250 GTO is a much, much more desirable vehicle in the world of collectors.
The 250 GTO coming up for sale is the car with chassis #3851 GT. It was the 19th 250 GTO to be built, out of a 39-car run, and it has been in the one family’s care for no fewer than 49 years from 1965 until now. It will be sold by auction house Bonhams — at no reserve.