1962 Ferrari 250 GTO

Arguably one of the most collectible cars in today’s marketplace. With only 33 GTOs originally built, all were designed to be race cars. Powered by the Colombo designed 2953cc V12 engine producing around 300 HP, in a car that weighs under 2000 pounds, with the optimal gearing it is capable of around 174 MPH. Only nine were built as RHD, but every one was slightly unique as all were hand made, and purpose built. The created controversy initially as the racing competition claimed it was a new car while Ferrari argued it was just an update from the earlier homologated 250 GT. Ferrari won the argument and the initial name of 250 GT/Comp became 250 GTO with the “O” for Omologato (Homologation in Italian). In their first race, the 1962 Sebring 12 Hours, they won the GT class then followed it up with a class win at Le Mans and just about every race they entered. In the years to come, Ferrari focused on Formula 1 teams and not GT racing, so the 250 GTO was the end of an era.