{"id":497639,"date":"2018-06-21T11:42:42","date_gmt":"2018-06-21T18:42:42","guid":{"rendered":"https:\/\/sportscardigest.com\/\/?p=60672"},"modified":"2024-12-06T03:48:29","modified_gmt":"2024-12-06T03:48:29","slug":"will-rms-monterey-ferrari-gto-crush-auction-record","status":"publish","type":"post","link":"https:\/\/www.supercars.net\/blog\/will-rms-monterey-ferrari-gto-crush-auction-record\/","title":{"rendered":"RM Sotheby&#8217;s Monterey (2018) &#8211; Will A Ferrari GTO Crush Auction Record?"},"content":{"rendered":"<p>RM Sotheby\u2019s has announced that it has secured a <b>1962 Ferrari 250 GTO<\/b>, perhaps <i>the<\/i> ultimate collector car, for what is set to be its most exciting Monterey auction offering to date.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_0.jpg\"><img decoding=\"async\" class=\"alignnone wp-image-608529 size-full\" src=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_0.jpg\" alt=\" Patrick Ernzen \u00a92018 Courtesy of RM Sotheby's\" width=\"1080\" height=\"673\" srcset=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_0.jpg 1080w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_0-300x187.jpg 300w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_0-1024x638.jpg 1024w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_0-100x62.jpg 100w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_0-770x480.jpg 770w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_0-293x183.jpg 293w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/a><\/p>\n<p>Ferrari\u2019s 250 GTO was effectively the final evolution of the marque\u2019s famous 250 model, which debuted in 1953 and ended with the last GTOs in 1964. In total, a mere 36 examples of the 250 GTO were ever produced, all of which have survived. Widely considered <i>the<\/i> most beautiful Ferrari design, the model was one of the most successful road\/racing cars that the marque ever built, claiming overall victory or 1<sup>st<\/sup> in class in nearly 300 races worldwide. Decades down the road, the Ferrari 250 GTO has become the car collector\u2019s \u201choly grail\u201d, thanks not only to its incredible pedigree, but to a group of French collectors who organized the first gathering of GTO owners in 1982. Occurring every five years since its inception, the meeting is a glorious driving and dining tour across the country of their choosing, and the only entry into this exclusive club is ownership; making the GTO the hottest ticket in the collector car world.<\/p>\n<p>\u201cWe are thrilled at the rare opportunity to offer a legendary Ferrari 250 GTO at auction,\u201d says Shelby Myers, Car Specialist, RM Sotheby\u2019s. \u201cDue to the evolution of technology and safety regulations that followed, the GTO was essentially the final true road racer, marking the end of an era when drivers really got their hands dirty. This was the last car that you could park in your garage, drive to the track, win the race, and then drive home.\u201d<\/p>\n<p><iframe class=\"zeen-lazy-load-base zeen-lazy-load\" title=\"Monterey 2018: 1962 Ferrari 250 GTO\" width=\"1200\" height=\"675\" src=\"about:blank\" data-lazy-src=\"https:\/\/www.youtube.com\/embed\/XBp9QmDFTfY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><noscript><iframe title=\"Monterey 2018: 1962 Ferrari 250 GTO\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/XBp9QmDFTfY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/noscript><\/p>\n<p>The <a href=\"https:\/\/rmsothebys.com\/en\/auctions\/MO18\/Monterey\/lots\/r0117-1962-ferrari-250-gto-by-scaglietti\/695912\"><b>Ferrari 250 GTO<\/b><\/a> on offer, chassis no. 3413 GT, is the third of the 36 examples built, and began its life as a Series I car. Under Ferrari factory use, the GTO was a test car driven by Phil Hill for the 1962 Targa Florio road race. The car was then sold to its first owner, one of Ferrari\u2019s most favored privateer customers, Edoardo Lualdi-Gabardi. The Italian gentleman racer entered the GTO in 10 races in 1962, winning all but one (in which he placed 2<sup>nd<\/sup> in class) and securing him the Italian National GT championship that year. Lualdi-Gabardi\u2019s incredible track success with the early GTO, right out of the gate, contributed significantly in cementing what would become the GTO legend and legacy as known today.<\/p>\n<p>Mr. Lualdi-Gabardi received a second GTO in 1963 and sold chassis no. 3413 to then race car driver Gianni Bulgari, who went on to lead the renowned Bulgari jewelry company from the 1960s to the 1980s. Under both Bulgari and subsequent owner Corrado Ferlaino\u2019s ownership, the GTO handily won its class in the 1963 and 1964 Targa Florio. The car contested a total of 20 races in period, never involved in an accident, and not once failing to finish. A rare case and incredible feat for any race car, it retains its original engine, gearbox, and rear axle, as well as its factory Series II body, in which it was clothed by Carrozzeria Scaglietti in 1964.<\/p>\n<figure class='gallery-item'>\r\n            <div class='gallery-icon landscape'>\r\n                <a href='https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_3.jpg' class='tipi-lightbox'>\r\n\t\t\t\t<a href='https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_3.jpg'><img decoding=\"async\" width=\"1080\" height=\"720\" src=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_3.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_3.jpg 1080w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_3-300x200.jpg 300w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_3-1024x683.jpg 1024w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_3-100x67.jpg 100w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_3-770x513.jpg 770w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_3-360x240.jpg 360w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_3-370x247.jpg 370w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_3-293x195.jpg 293w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/a>\r\n\t\t\t\t<\/a>\r\n            <\/div><\/figure><figure class='gallery-item'>\r\n            <div class='gallery-icon landscape'>\r\n                <a href='https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_4.jpg' class='tipi-lightbox'>\r\n\t\t\t\t<a href='https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_4.jpg'><img decoding=\"async\" width=\"1080\" height=\"720\" src=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_4.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_4.jpg 1080w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_4-300x200.jpg 300w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_4-1024x683.jpg 1024w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_4-100x67.jpg 100w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_4-770x513.jpg 770w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_4-360x240.jpg 360w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_4-370x247.jpg 370w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_4-293x195.jpg 293w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/a>\r\n\t\t\t\t<\/a>\r\n            <\/div><\/figure>\n<p>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\u2019s 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.<\/p>\n<p><a href=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_5.jpg\"><img decoding=\"async\" class=\"alignnone wp-image-608532 size-full\" src=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_5.jpg\" alt=\" Patrick Ernzen \u00a92018 Courtesy of RM Sotheby's\" width=\"1080\" height=\"504\" srcset=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_5.jpg 1080w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_5-300x140.jpg 300w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_5-1024x478.jpg 1024w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_5-100x47.jpg 100w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_5-770x359.jpg 770w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_5-293x137.jpg 293w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/a><\/p>\n<p>Myers adds: \u201cThis 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\u2019s most successful racer and the world\u2019s most sought-after collector car, full stop. The fact that the GTO exists as it did in period, along with Dr. Whitten\u2019s long-term, enthusiastic ownership, only adds to the car\u2019s impeccable pedigree.\u201d<\/p>\n<p>For further event information and an updated list of entries, or to register to bid for the Monterey sale, please visit <a href=\"http:\/\/www.rmsothebys.com\/\">rmsothebys.com<\/a>.<\/p>\n<p><a href=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_33.jpg\"><img decoding=\"async\" class=\"alignnone wp-image-608533 size-full\" src=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_33.jpg\" alt=\" Patrick Ernzen \u00a92018 Courtesy of RM Sotheby's\" width=\"1080\" height=\"720\" srcset=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_33.jpg 1080w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_33-300x200.jpg 300w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_33-1024x683.jpg 1024w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_33-100x67.jpg 100w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_33-770x513.jpg 770w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_33-360x240.jpg 360w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_33-370x247.jpg 370w, https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_33-293x195.jpg 293w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RM Sotheby\u2019s has announced that it has secured a 1962 Ferrari 250 GTO, perhaps the ultimate collector car, for what is set to be its most exciting Monterey auction offering to date.\u00a0 Ferrari\u2019s 250 GTO was effectively the final evolution of the marque\u2019s famous 250 model, which debuted in 1953 and ended with the last GTOs in 1964. In total, a mere 36 examples of the 250 GTO were ever produced, all of which have survived. Widely considered the most [&hellip;]<\/p>\n","protected":false},"author":54,"featured_media":608527,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10112,56,11577],"tags":[7366,17513,60,17333,61,22323,2112,22324,22332,4495,22383,2302],"class_list":["post-497639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auctions","category-ferrari","category-auction-action","tag-auctions","tag-auctions-monterey-car-week","tag-ferrari","tag-ferrari-at-auction","tag-ferrari-250","tag-ferrari-250-for-sale","tag-ferrari-250-gto","tag-ferrari-250-gto-for-sale","tag-ferrari-250-gt-race-cars","tag-ferrari-race-cars","tag-ferrari-race-cars-for-sale","tag-rm-sothebys"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RM Sotheby&#039;s Monterey (2018) - Will A Ferrari GTO Crush Auction Record?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.supercars.net\/blog\/will-rms-monterey-ferrari-gto-crush-auction-record\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RM Sotheby&#039;s Monterey (2018) - Will A Ferrari GTO Crush Auction Record?\" \/>\n<meta property=\"og:description\" content=\"RM Sotheby\u2019s has announced that it has secured a 1962 Ferrari 250 GTO, perhaps the ultimate collector car, for what is set to be its most exciting Monterey auction offering to date.\u00a0 Ferrari\u2019s 250 GTO was effectively the final evolution of the marque\u2019s famous 250 model, which debuted in 1953 and ended with the last GTOs in 1964. In total, a mere 36 examples of the 250 GTO were ever produced, all of which have survived. Widely considered the most [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.supercars.net\/blog\/will-rms-monterey-ferrari-gto-crush-auction-record\/\" \/>\n<meta property=\"og:site_name\" content=\"Supercars.net\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Supercars.net\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-21T18:42:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-06T03:48:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2018\/06\/1962-Ferrari-250-GTO-by-Scaglietti_32-e1529606263420.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"891\" \/>\n\t<meta property=\"og:image:height\" content=\"459\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casey Annis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@supercars_net\" \/>\n<meta name=\"twitter:site\" content=\"@supercars_net\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casey Annis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/will-rms-monterey-ferrari-gto-crush-auction-record\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/will-rms-monterey-ferrari-gto-crush-auction-record\\\/\"},\"author\":{\"name\":\"Casey Annis\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#\\\/schema\\\/person\\\/02825f2c90f727d91e873a83f18cbd9f\"},\"headline\":\"RM Sotheby&#8217;s Monterey (2018) &#8211; 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Annis is the Founder and Editor of Vintage Racecar\\\/Vintage Roadcar magazine, the Petersen Museum\u2019s Finish Line and Petersen Quarterly, Alfa Owner, and The Oily Rag magazines. He founded Parabolica Publishing in 1997 after a career in biology, anatomy and neurobiology. Along with this passion for automobiles Casey is a long distance open-ocean paddleboard racer who\u2019s competed in the 32-mile Catalina to Manhattan Beach race and the 32-mile Molokai to Oahu race. 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