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The Most Valuable Car Ever Offered at Auction - 1962 Ferrari 250 GTO to Headline RM Sotheby's Monterey

Following its racing career, the GTO has passed through an unbroken chain of ownership that includes some of the most prominent Ferrari collectors in the hobby. In 2000, it was acquired by current owner Dr. Greg Whitten, Chairman of Numerix, avid collector car enthusiast and former chief software architect at Microsoft. Under Dr. Whitten’s ownership, the GTO has competed in vintage events around the world over the last two decades, as well as four of the lauded GTO anniversary tours. Wonderfully maintained in highly original condition, the GTO is estimated to achieve in excess of $45 million in Monterey, making it the most valuable motor car ever offered at auction.
Myers adds: “This marks just the third time that a GTO has been offered for public sale in the new millennium. I can think of no better place than our flagship Monterey event, an auction that has borne witness to the record-smashing sale of some of the most important cars in history, for the presentation of such an exceptional example of Ferrari’s most successful racer and the world’s most sought-after collector car, full stop. The fact that the GTO exists as it did in period, along with Dr. Whitten’s long-term, enthusiastic ownership, only adds to the car’s impeccable pedigree.”
Watch the 250 GTO on the track with current owner Dr. Greg Whitten behind the wheel here: http://bit.ly/250GTO18.
Held during the world-famous Pebble Beach Concours d’Elegance motoring week, RM Sotheby’s Monterey sale (24-25 August), has been the pinnacle of collector car auctions for more than 30 years, leading the field and raising the bar with its consistent, record- setting results. This year’s Monterey sale is set at the newly reopened Monterey Conference Center following its $60-million-dollar renovation, offering collectors a stunning new experience and a beautiful space for the display and offering of 120 of the world’s most important motor cars in the ultimate collector car destination.
For further event information and an updated list of entries, or to register to bid for the Monterey sale, please visit rmsothebys.com. To speak with an RM Sotheby’s car specialist about entering an exceptional car in the auction, please call +1 519 352 4575.








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  • 1962 Ferrari 250 GTO, chassis 3413 GT (Patrick Ernzen © 2018 Courtesy of RM Sotheby’s
    1962 Ferrari 250 GTO, chassis 3413 GT (Patrick Ernzen © 2018 Courtesy of RM Sotheby’s
    Sotheby’s Auktionshaus
  • A look into the 1962 Ferrari 250 GTO set for RM Sotheby’s Monterey (Patrick Ernzen © 2018 Courtesy of RM Sotheby’s)
    A look into the 1962 Ferrari 250 GTO set for RM Sotheby’s Monterey (Patrick Ernzen © 2018 Courtesy of RM Sotheby’s)
    Sotheby’s Auktionshaus
  • The matching-numbers, original engine of the 1962 Ferrari 250 GTO (Patrick Ernzen © 2018 Courtesy of RM Sotheby’s)
    The matching-numbers, original engine of the 1962 Ferrari 250 GTO (Patrick Ernzen © 2018 Courtesy of RM Sotheby’s)
    Sotheby’s Auktionshaus
  • Edoardo Lualdi-Gabardi drives the 250 GTO at the 8 July 1962 Trento-Bondone hill climb, where it placed 1st in class and 6th overall (Courtesy of The Klemantaski Collection)
    Edoardo Lualdi-Gabardi drives the 250 GTO at the 8 July 1962 Trento-Bondone hill climb, where it placed 1st in class and 6th overall (Courtesy of The Klemantaski Collection)
    Sotheby’s Auktionshaus