A Rare Gem: The Iconic 1962 Ferrari 250 GTO Up For Grabs

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A Rare Gem The Iconic 1962 Ferrari 250 GTO Up For Grabs
A Rare Gem The Iconic 1962 Ferrari 250 GTO Up For Grabs

Currently on the market at British dealership Tom Hartley Jnr is the epitome of classic Ferraris, the 1962 Ferrari 250 GTO. However, this piece of automotive history comes with a hefty price tag, catering exclusively to serious buyers with deep pockets.

Crafted as the ultimate evolution of Ferrari’s 250 GT series, the 250 GTO was a homologation special produced for a brief two-year period starting in 1962, with only 36 units ever built.

This particular 250 GTO, previously sold by Tom Hartley Jnr in 2019, stands as a prime example within the lineage. Bearing chassis number 3527 and adorned in Rosso Cina red paint over tan leather, the car retains much of its original components, including the body, engine, transmission, and rear axle.

Recently restored, it boasts an unbroken provenance from its initial departure from the Maranello factory. Originally delivered to Lucien Bianchi of Écurie Francorchamps, the car has a rich racing history, competing in prestigious events such as the Tour de France in 1962.

The Interior Of A 1962 Ferrari 250 GTO (Credits Ferrari)
The Interior Of A 1962 Ferrari 250 GTO (Credits: Ferrari)

Later, under the banner of Scuderia Filipinetti from 1963 to 1965, it concluded its racing career before being sold to a U.K. resident. Powering the 250 GTO is a 3.0-liter V-12 engine capable of nearly 300 hp, paired with a 5-speed manual transmission driving the rear wheels.

With a 0-60 mph time of approximately six seconds and a top speed exceeding 150 mph, the car promises exhilarating performance. Beyond its scarcity, the 250 GTO’s allure lies in its racing pedigree, securing victories in prestigious competitions of its era.

Not merely a beautiful design, it represents a true race car that could be driven to the track, compete fiercely, and then return home—an attribute cherished by enthusiasts. Today, these automotive treasures can command staggering sums, with recent sales hovering around $50 million.

In 2018, a 250 GTO associated with racing legend Phil Hill fetched $48 million at auction, while private transactions may have reached even loftier figures, such as the rumored $70 million sale in 2018.

Another testament to its value is the recent auction of a rarer 330 LM with matching bodywork, which sold for nearly $52 million in 2023.


By Annie Linardos

I'm a journalist student and completed my masters in Journalism and Mass Communication. With a strong track record as an intern at Mathrubhumi News and The New Indian Express as a reporter and content writer, I'm creative, motivated, and have a keen eye for the truth and attempting to use the expertise and talents to contribute to the emerging field of journalism. I have also been working as a freelance writer and have the capability of producing interesting and bold articles.

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