Skip advert
Advertisement

Ferrari 250 GTO could be world's most expensive car with £45 million price tag

A Ferrari 250 GTO has hit the market with a price tag that could make it the most expensive car ever sold

Ferrari 250 GTO outdoors

A UK based Ferrari specialist has listed a 1962 Ferrari 250 GTO which could become the most expensive car in the world, thanks a price tag of £45 million.

If that lofty asking price was realised, it would eclipse the current record for a car sold at auction by a significant margin – £23 million was paid in 2014 for another 250 GTO, sold by Bonhams during Monterey Car Week. Of course, the record for the most expensive car ever sold is a little bit harder to pinpoint as the exact figures involved in private sales are rarely made public. There's no doubt that at £45 million, however, this Ferrari would be there or thereabouts.

Advertisement - Article continues below

This particular example comes with a very special pedigree. Finished in metallic blue with a white stripe, it was completed in March 1962 and briefly used for development purposes by Ferrari at Monza. It’s the second of 39 cars built, but this one has the distinction of being the first 250 GTO to be raced. It was sold into private hands in 1962 and took part in that year’s Sebring 12 hours. Driven by Phil Hill and Olivier Gendebien, it finished first in class and second overall.

Most expensive cars ever sold at auction

Later that year, the car made its way to Le Mans, placing third in its class and finishing sixth overall. The vast majority of its pro appearances on track took part in the United States before its final one in 1965, winning its class that year’s Tourist Trophy at the International Bahamas Speed Week at Nassau.

Since then the car has traded hands numerous times, appearing at concours events, the Goodwood Revival, and most recently appearing on display at the Simeone Foundation Museum in Philadelphia.

The 250 GTO consistently places as one of the most sought after collectable cars. Using a 3.0-litre V12 with 300bhp, and with a weight of just 880kg dry it was capable of a top speed of 174mph. A full breakdown of the car’s extensive history is available over at Talacrest

Would a 250 GTO be on your shopping list if you hit the Euromillions jackpot? Let us know in the comments...

Skip advert
Advertisement
Skip advert
Advertisement

Recommended

Best 60s cars: the 35 greatest cars of the 1960s
Best cars of the 1960s - header image

Best 60s cars: the 35 greatest cars of the 1960s

The swinging sixties brought a vast array of unforgettable cars that would establish the path of the industry for decades to come. We pick our top 35 …
Best cars & vans
16 Jun 2026
New Ferrari Luce: full details on the 1,000bhp EV and why it “will take time to digest”
Ferrari Luce at Le mans

New Ferrari Luce: full details on the 1,000bhp EV and why it “will take time to digest”

Ferrari’s first-ever electric car looks unlike anything made before in Maranello, because it was styled by the former Apple design boss
News
14 Jun 2026
I studied car design and this is why the Ferrari Luce just doesn’t look right
Opinion - Ferrari Luce design

I studied car design and this is why the Ferrari Luce just doesn’t look right

Let’s cut through the outrage and just focus on the car for a second. This is the right movement, but the wrong canvas.
Opinion
30 May 2026
The Ferrari Luce is the Apple Car that no one wanted
Opinion - Ferrari Luce

The Ferrari Luce is the Apple Car that no one wanted

Tom Jervis thinks the new Ferrari Luce looks more like a posh consumer appliance than a supercar
Opinion
27 May 2026

Most Popular

New Honda Super-N 2026 review: little EV is fun and full of character
Honda Super-N and Richard Ingram

New Honda Super-N 2026 review: little EV is fun and full of character

Honda's quirky Super-N is compromised on paper, but in reality it's a fun and efficient small EV
Road tests
19 Jun 2026
Renault 5 and Renault 4 could get even cheaper thanks to Twingo’s battery tech
Renault 5 E-Tech Iconic Five - front action

Renault 5 and Renault 4 could get even cheaper thanks to Twingo’s battery tech

The Renault 5 and Renault 4 will eventually get LFP tech to help make them even more accessible
News
19 Jun 2026
New Mitsubishi Outlander PHEV 2026 review: plug-in SUV is back and better than ever
Mitsubishi Outlander PHEV - front

New Mitsubishi Outlander PHEV 2026 review: plug-in SUV is back and better than ever

The Mitsubishi Outlander PHEV is a plug-hybrid pioneer, and now there's an all-new version coming to the UK
Road tests
18 Jun 2026

Find a car with the experts