Classic 1962 Ferrari sells for a whopping $51.7 million
The Ferrari 330 LM / 250 GTO, chassis 3765 becomes the second highest price achieved for a car at auction
A once-in-a-generation chance to own the rare Series I GTO has concluded. RM Sotheby’s has written the latest chapter of the greatest most-singular Ferrari example.
Selling, after 38 years under current owner, for $51.7 million on 13 November 2023 at Sotheby’s New York during its Marquee Week Sales of Modern and Contemporary Art.
The crème de la crème for Ferrari lovers was sold following nearly four decades in private ownership. Replacing the previously most expensive Ferrari ever sold in public, a 1962 Ferrari 250 GTO that took $48.4 million at a RM Sotheby’s auction in 2018.
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A delight in bright red, chassis number 3765 was equipped with a 4-liter engine and was the only GTO Tipo 1962 raced by the Scuderia Ferrari, competing in the 1962, 24 Hours of Le Mans, driven by Mike Parkes and Lorenzo Bandini.
Winner of an FCA Platinum Award, the historic car also had a class win and 2nd overall finish at the 1962 Nürburgring 1000km.
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RM Sothebys sells the most valuable Ferrari ever sold at auction for $51.7 million. (Image: Jeremy Cliff ©2023 Courtesy of RM Sotheby's)
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Driven by Mike Parkes and Lorenzo Bandini for the Scuderia Ferrari at the 1962 24 Hours of Le Mans. (Image: Jeremy Cliff ©2023 Courtesy of RM Sotheby's)
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The only GTO Tipo 1962 raced by the Scuderia Ferrari. (Image: Jeremy Cliff ©2023 Courtesy of RM Sotheby's)
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The car was formerly owned by a chairman of the Ferrari Club of America. (Image: Jeremy Cliff ©2023 Courtesy of RM Sotheby's)
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The car sold in less than 20minutes. (Image: Jeremy Cliff ©2023 Courtesy of RM Sotheby's)
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