#2 Most Expensive Collectible Car Ferrari 250 GTO $35 million

Since the day it was manufactured Ferrari 250 GTO managed to stay in the first when it comes to racing and pricing, it’s one of most appreciated cars in collectors community.

Selling history: Ferrari 250 GTO was made for race driver Stirling Moss, it has become the most expensive car sold in private transaction for $35 million.

Brief history: Ferrari 250 GTO was produced by Ferrari from 1963 to 1964  for homologation into the FIA’s Group 3 Grand Touring Car category. Numeric part of it’s title denotes the displacement in cubic meters of each cylinder of the engine. GTO stands for “Gran Turismo Omologata”, Italian for “Grand Touring Homologated”.When new, the GTO commanded an $18,000 purchase price in the United States, and buyers had to be personally approved by Enzo Ferrari and his dealer for North America, Luigi Chinetti.

Specifications: Ferrari 250 GTO was designed to compete in GT racing. It was based on the 250 GT SWB .Chief engineer Giotto Bizzarrini installed the 3.0 L V12 engine from the 250 Testa Rossa into the chassis from the 250 GT SWB and worked with designer Sergio Scaglietti to develop the body. After Bizzarrini and most other Ferrari engineers were fired in a dispute with Enzo Ferrari, development was handed over to new engineer Mauro Forghieri, who worked with Scaglietti to continue development of the body, including wind tunnel and track testing. Unlike most Ferraris, it was not designed by a specific individual or design house.

 

Contribution appreciated: add your suggestions for high priced automobiles or alternative for this one.

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