What we find amazing is that a 250 GTO allegedly recently traded for over three times that, at 70m dollars. Sure, the GTO has become something of an enigma, spoken about in hushed whispers and shrouded in mystery. And yes, it was dominant in the period and clinched Ferrari the GT titles in 1962, ’ 63, and ’ 64. 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". [4] [5] [6] Just 36 of the 250 GTOs were manufactured between 1962 and 1964. Sixty years ago, Ferrari unveiled the 250 GTO, a road-usable racer that went on to become the world’s most desirable car. In this left-hand driver it’s best Dual-purpose Ferrari 250 GT berlinettas are some of the most valuable cars ever produced, with a 250 GTO sale being the highest known auction sale of any automobile. However, lately prices have been slipping. The high-water mark for a 250 TdF was a $13.2 million sale in 2015. No longer here. #10 Sep 1, 2004. 3873GT, the chassis number shown on the windshield sticker, was built as a 250 GTE 2+2, originally consigned to Maranello Concessionaires in the UK. So, as previously stated, this is a replica. And Pete, the presence of a five speed gearbox provesthat it has a five speed gearbox. Ferrari / By The GearShifters Team. Despite the widespread belief that all 36 of the 250 GTOs are still in existence today, it was just the third 250 GTO to ever roll off the Maranello assembly line. The 1964 Ferrari 250 LM, one of only 32 of its kind, fetched $17.6 million at RM Sotheby’s, setting a record price for the vehicle. Half a century has passed since the Ferrari 250 GTO was born. After two consecutive podium finishes in the 24 Hours of Le Mans and three World Championship titles, it is now one of the world's most expensive collectors cars. On the 24th February 1962 at the annual presentation of the Ferrari racing cars in the courtyard of the factory in In 1964, Ferrari produced a car called the 330 GTO that had the same body and chassis as the 250 GTO but a different engine. Despite a total of three 330 GTOs being produced, the first one was scrapped by the factory to build the second one, resulting in only two left. mr5x99W.