Ferrari 250 GTO in the context of FIA

⭐ Core Definition: Ferrari 250 GTO

The Ferrari 250 GTO is a grand tourer produced by Ferrari from 1962 to 1964 for homologation into the FIA's Group 3 Grand Touring Car category. It was powered by Ferrari's Tipo 168/62 Colombo V12 engine. The "250" in its name denotes the displacement in cubic centimeters of each of its cylinders; "GTO" stands for Gran Turismo Omologato, Italian for "Grand Touring Homologated".

Just 36 of the 250 GTOs were manufactured between 1962 and 1964. This includes 33 cars with 1962–63 bodywork (Series I) and three with 1964 (Series II) bodywork similar to the Ferrari 250 LM. Four of the older 1962–1963 (Series I) cars were updated in 1964 with Series II bodies.

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Ferrari 250 GTO in the context of List of most expensive cars sold at auction

This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process. The record is held by a 1955 Mercedes-Benz 300 SLR Uhlenhaut coupe sold in 2022 for €135 million to a private collector.

On June 1, 2018, it was announced that a 1963 Ferrari 250 GTO had sold for $70 million at a private auction, at the time a world record.

View the full Wikipedia page for List of most expensive cars sold at auction

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⭐ Core Definition: Ferrari 250 GTO

Ferrari 250 GTO in the context of List of most expensive cars sold at auction