A 1962 Fer­rari 250 GTO is on the block and ex­pected to be the most ex­pen­sive car ever sold at auc­tion.

Forbes - - CONTENTS -

ANY TIME A Fer­rari 250 GTO comes up for auc­tion it’s an event. Not only is it one of the most lusted-af­ter sports cars in his­tory, it’s also one of the rarest. Only 36 were pro­duced, all from 1962 to 1964—and amaz­ingly, col­lec­tors can ac­count for all of them. (Ralph Lauren owns one, as does tech bil­lion­aire Craig McCaw.) In Au­gust 2014, a 1962 Fer­rari 250 GTO set a record at auc­tion when it sold for $38.1 mil­lion. On Au­gust 24, an­other 1962 GTO—the third one ever built—is com­ing up for sale at RM Sotheby’s. In ad­di­tion to a sto­ried rac­ing ca­reer, this Fer­rari (be­low) has an ex­traor­di­nary prove­nance and is ex­pected to speed past the auc­tion record, with a pre­sale es­ti­mate of $45 mil­lion.

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