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Extremely Rare 1963 Ferrari 250 GTO sold for $31 million

By Adrian Prisca

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This extremely rare Ferrari 250 GTO used to be priced at just £6,000 when it was launched and manufactured back in 1963. Nowadays, it was sold for a mind-boggling £20 million or roughly $31 million if you’re American. The model 5095 GTO has supposedly been sold by the Brittish businessman Jon Hunt that had previously bought the vehicle for a humongous £15.7 million.

Thus, this classic Ferrari sports-car becomes the second-most expensive car on the planet, by far the most expensive in Great Britain. Its cost is only exceeded by a 1936 Bugatti Type 57SC sold for a whopping $40 million in 2010. The 250 GTO was produced in 39 units, between 1962 and 1964, the owners having been particularly selected by Enzo Ferrari in person.

The car features a 3-liter V12 engine producing 300 HP, reaching 62 mph from a standstill in 6.1 seconds. Its top speed used to be 174 mph, but has probably gone a bit down, due to the time passing. If checking the numbers, you’d probably say it isn’t worth the sum, but considering the numbers of 250 GTOs ever produced, it’s both a rarity and an automotive treasure.

[Luxuo]

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About Adrian Prisca

Founder of Luxatic and countless other projects, Adrian has shaped this website into a go-to source for discerning readers looking for the latest in luxury products and experiences. He has over 15 years of experience in creating, managing and publishing lifestyle content across numerous platforms and he’s considered a leading voice in the luxury industry. Learn more about Luxatic's Editorial Process.

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