![]() ![]() Some sold for as little as $3 million before prices scorched back in in the early 2000s. In 1989, a GTO sale broke $10 million for the first time. One year later, a GTO broke $1 million for the first time. Subsequent models were sold to consumers with a base price of $18,500. They were originally built to compete at the 24-Hour Le Mans and other high profile European races. The GTO is basically like the Mona Lisa of cars.Ä«etween 19, Ferrari produced a grand total of 36 250 GTOs. ![]() There are unconfirmed rumors that secretive Spanish collector paid $52 million for a GTO in a November 2013 private sale. That broke the previous record by $8.5 million (a 1954 Mercedes). Just this past August, a 250 GTO set the world auction record when it sold for $38 million. On the rare occasion that a 250 GTO goes up for sale, it will easily fetch north of $20 million. ![]() It is without question the most expensive car that has ever been sold at auction. The Ferrari 250 GTO is widely considered the most beautiful car of all time.
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