Throughout automotive history, there are certain vehicles that stand out as true icons. The 1962 Ferrari 330 LM / 250 GTO by Scaglietti, chassis number 3765, is undoubtedly one such masterpiece. On November 13th 2023, this one and only factory-owned Ferrari 250 GTO Series 1 race car is going to auction with RM Sotheby’s in New York.
It is estimated to sell for in excess of £47,000,000, thanks to its historical significance, rarity, and racing pedigree.
1962 Ferrari 250 GTO – A Rare And Remarkable Car
With only 36 Ferrari 250 GTOs ever being produced, every one of them is special. However, this one, chassis 3765 is extra special as it was the only one that was owned by the Ferrari factory and raced by the Scuderia Ferrari team.
Other than the Ferrari factory, the car has also been owned by the chairman of the Ferrari Club of America. Its current ownership has lasted 38 years and has included fastidious care keeping the vehicle in stunning condition.
A Racing Heritage Unlike Any Other
Beyond its stunning visual appeal and rarity, chassis number 3765 boasts an awe-inspiring racing pedigree. The 1962 Ferrari 330 LM/250 GTO was born in an era when motorsport was a crazy mix of skill and bravery, and this car achieved huge success throughout its racing life. Under the guidance of legendary drivers such as Mike Parkes and Lorenzo Bandini, this vehicle raced in some of the most well-known races in the world, including the 24 Hours of Le Mans.
Gord Duff, Global Head of Auctions, at RM Sotheby’s, said:
“The 1962 Ferrari GTO we’re bringing to market is more than a classic; it’s a legend. Being the only series GTO to ever race as a factory campaigned car, it represents an unparalleled piece of automotive history. Its appeal transcends the automotive sphere and reaches every kind of collector. This is the one–the car that collectors can only dream of acquiring and we’re thrilled to be able to provide someone the chance to make a dream come true. To me, there is no better place to showcase this automotive icon than New York City at Sotheby’s.“
Mari-Claudia Jiménez, Sotheby’s Chairman, President, Americas and Head of Global Business Development said:
“As the holy grail of collector cars, it is entirely fitting that Sotheby’s is presenting this icon of motor history and design during our Marquee sales of Modern and Contemporary Art this November in New York. Our Fall auction series has borne witness to record-breaking sales of some of the most important objects of Fine Art and Design in history. The presentation of such an exceptional example of one of Ferrari’s most successful sports cars ever campaigned and their most sought-after collector car, marks an exciting chapter with our partners at RM Sotheby’s and solidifies our deep commitment to offer our clients universally desired masterpieces.“
1962 Ferrari 330 LM/250 GTO
With its racing pedigree, unique lineage, and unparalleled rarity, this piece of automotive history is set to become one of the most expensive cars ever sold at auction. The new owner will certainly be in possession of one of the best and most rare cars out there.
- The only factory-owned Series I GTO raced by Scuderia Ferrari
- Class win and 2nd overall finish at the 1962 Nürburgring 1,000 KM
- Driven by Mike Parkes and Lorenzo Bandini for the Scuderia Ferrari at the1962 24 Hours of Le Mans
- 1965 Sicilian Hillclimb Championship runner-up
- Formerly owned by a chairman of the Ferrari Club of America
- Benefits from 38 years of fastidious care under current ownership
- Winner of an FCA Platinum Award and the Coppa Bella Macchina at the Cavallino Classic
- 2nd in the GTO class at the 2011 Pebble Beach Concours d’Elegance, among 23 total GTOs
- Best of Show at the Amelia Island Concours d’Elegance
- Blue Ribbon winner at the Meadow Brook Concours d’Elegance
- Desirably documented with copies of factory build sheets, owner’s correspondence, period racing coverage, and magazine feature articles
- Pre-auction estimate: In excess of $60M (approximately £47 million)
- Selling in New York on 13 November 2023 during Sotheby’s marquee sales of Modern and Contemporary Art.