250GTO to break record?
Targa Florio class winner goes under the hammer in Monterey
The record auction price for a car is set to be broken at RM Sotheby’s sale in Monterey on August 24-25. The car in question is, unsurprisingly, a Ferrari 250GTO, chassis number 3413GT, the third of the 36 GTOS built. It’s a car with impeccable provenance, used by Phil Hill as a test car for the 1962 Targa Florio. It then passed to privateer Edoardo Lualdigabardi who secured the Italian GT championship by winning nine out of the ten races in 1962.
Sold on to Gianni Bulgari of the famed jewellery company, it won its class in the 1963 and ’64 Targa Florio events. Despite all this and subsequent race activity, the car has significantly never been crashed, has completed every race, and retains its original engine and gearbox.
The current auction record depends on which currency you measure it in, but is either 250GTO chassis 3851GT sold in Monterey by Bonhams in 2014 for $38,115,000 (£22.8m) or the Ferrari 335 Sport for which Artcurial got £24,689,885 ($35.9m) at Rétromobile in 2016.
Both these look like loose change compared to the £52m paid earlier this year in a private deal for 250GTO chassis 4135GT, which won the Tour de France and finished fourth at Le Mans. Expect a result somewhere between those figures.
‘Never crashed, it retains its original engine and gearbox’
Ferrari 250GTO number 3413GT was rebodied in period to the 1964 shape