All hail the rarest sports car in history: The Ferrari 250 GTO. From their first inception in 1962, only 36 of these supercars were ever made.
What’s the coolest part you ask? Each of them is still in existence and in great condition!
These cars currently go for tens of millions of dollars and are delighting behind the wheel. At the time, the Ferrari 250 GTO far surpassed other Grand Touring cars that had been built. Motor Trend Classic once listed this car as the “Greatest Ferraris of All Time”. If you know anything about Ferraris, you know exactly why. For those that don’t believe it, let’s dig into the details.
The History of the Ferrari 250 GTO
The Ferrari 250 GTO, released in 1962, was the last of the 250 models to hit the market, GTO meaning ‘Gran Turismo Omologato’. While it was meant for racing, it was also used as a street car. The car was manufactured with a 12-V 3L engine with 300 hp, a bold feat at the time.
The original 250 GTO cost $18,000 at the time, which may not seem like a lot, though that number comes out to $150k in today’s standards. Enzo Ferrari personally chose each owner, meaning the car never truly went “up for sale”.
Technology and Innovations of the Ferrari 250 GTO – The Rarest Car On Earth
The Ferrari 250 GTO is a 2-door berlinetta-style sportscar with a front-engine, rear-wheel drive layout. It was built with a Tipo 168/62 Colombo V-12 engine, providing the car with 296 hp at 7500 rpm.
In terms of the body design, the car was made with all aluminum, though it was a bit heavy at about 1,940 pounds. The front suspension feature independent, unequal-length wishbones and telescopic shock absorbers while the rear features live axle, twin radius arms and telescopic shock absorbers. It was available in 5-speed manual transmission.
Timeline of the Ferrari 250 GTO
- Ferrari 250 GTO Series I (1962-1963)
The Ferrari 250 GTOs that were produced from 1962-1963 had the original bodywork. The chassis drew influence from the 250 GT SWB, though was lighter in weight and a bit stiffer overall. It incorporated A-arm front suspension and Borrani wire wheels. The 5-speed manual transmission was very similar to that of the Porsche synchromesh.
While the car was manufactured in a variety of colors, one of the most popular ended up being the “Rosso Cina” red color. The interior is cloth-upholstered and the car lacks a speedometer. The metal gate shift pattern was around until they replaced them in many production models during the 2000s.
- Ferrari 250 GTO Series II (1964)
In 1964, the Ferrari 250 GTOs went through a redesign with bodywork that drew influence from the Ferrari 250 LM. They even updated a few GTO Series I cars with this bodywork as well. There were a variety of additional aerodynamic characteristics added to this car to make it more similar to the 250LM for racing purposes.
Ferrari 250 GTO In the News
According to a recent hearing in an Italian court, the Ferrari 250 GTO is now legally considered a “work of art”. Ferrari brought this case to court after a Modenese body shop proposed that they were going to manufacture a line of 250 GT replicas. The court finalized the hearing in Ferraris favor, comparing the car to the Mona Lisa, in that only a few were created, meaning the reproduction rights were Ferrari’s.
A body shop in Brazil just recently got shut down for manufacturing a surprisingly legitimate-looking line of Ferraris and Lamborghinis, including a Ferrari 250 GTO. The shop is just under a 1,000 miles from Rio de Janeiro. They were caught because they were promoting the cars on social media for about $60,000, a tiny fraction of what these cars actually go for when put on the market.
Celebrity Endorsements of the Ferrari 250 GTO
As of now, you know that there are only 36 of these iconic cars throughout the world. Are you interested to see who owns them? If so, you can visit this website to find the information of all of the Ferrari 250 GTO owners in the world. There aren’t any celebrities on the list, just a bunch of extremely wealthy people, or those who got extremely lucky.
As an easy super to spot, you can find the Ferrari 250 GTO in a wide variety of television shows and movies throughout history.
Best Ferrari 250 GTO Groups
Because these vehicles are so limited, there aren’t any true 250 GTO “clubs”. There really aren’t even enough people who own them in the same are to form a club. This recent Road and Track article has information on the GTO club, which centers on the fact that each member owns a 250 GTO.
While they don’t have big discussion groups or meetings, nor actually consider themselves a “club”, they do organize anniversary reunions every five years, which they dub “tours”.
The Ferrari 250 GTO – A Vehicle of Exclusivity
The Ferrari 250 GTO remains the most luxurious car on Earth. While it was never the fastest or the most beautiful, it did possess the Ferrari brand and an exclusivity that drew car enthusiasts from all over the world to it. There will only ever be 36 of these cars in existence, so if you want to get your hands on one, you’ll have to either wait for one of the owners to sell it or wait for it to go up on auction when one of them kicks the bucket.
From a historic racing career to an exciting auction record, there’s something truly fascinating about the Ferrari 250 GTO.