A No-Reserve Ferrari 250 GTO up for Grabs

The 250 GTO always was an exceptional car. Ferrari only built 39 of them, and since they were handmade, no two are exactly alike. They were only bought by the rich and famous so they quickly became a very good investment.

One of them could now become the world’s most expensive vehicle in history. Chassis number 3851 GT will cross the Quail Lodge auction block on August 15. However, the interesting part is that this is a no-reserve auction, meaning that whoever bids the highest goes home with the car, regardless of the amount of said bet!

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This 250 GTO already has an impressive pedigree: it won second place in the 1962 Tour de France (not the cycling race, mind you), with Henri Oreiller behind the wheel. Sadly, an accident a few days later totalled the car and killed the pilot. Ferrari chose to rebuild the two-seater; it then went on to win multiple races in the sixties.

At the upcoming Quail Lodge Auction, the 250 GTO is expected to sell at a prodigious price. So far, the record belongs to the Mercedes-Benz W196R driven by Juan Manuel Fangio, which sold for $29.6 million. However, there are numerous rumors stating that another Ferrari 250 GTO sold privately for $52 million. This would make it the most expensive car in the world.

So if you have multiple millions burning a hole in your pocket, this rare Ferrari just might be a sound investment!