Estimated Value: $17.6 Million. Selling at auction in 2015 for a whopping $17.6 million, the 1964 Ferrari 250 LM is the seventeenth most expensive Ferrari in the world. It’s considered one of the very best examples of a ’64 LM and has multiple first-place victories to its name. Fujimi model kit in scale 1:24, 12337 is a NEW tool released in 2008 | Contents, Previews, Reviews, History + Marketplace | Ferrari 250 GTO | EAN: 4968728123370 The GTO name returned for the first in 1984, on the Ferrari 288. A spiritual successor to the 250 GTO, the 288 was related to the 308 GTB and acted as the company's flagship vehicle until the F40 The GTO was an evolution of the 250 GT SWB (the ‘O’ was for ‘Omologato’) an upgrade overseen mainly by young upstart Giotto Bizzarini, then working for Ferrari before he and several others were unceremoniously sacked in 1962 when they dared to challenge the Great Man. Ferrari had seen the threat coming from Shelby’s Cobra and Jaguar’s E-type and thought he might do something fairly Released at the end of the 1957 race season due to Ferrari’s response to rule changing that limited engines to only 3.0-liters, the Ferrari 250 Testa Rossa was a machine of a race car that was built between 1957 and 1961. In many ways, the 250 was a close relative to the earlier Ferrari race cars such as the 500TR and other 250 models 25 Mar 2020, 3:47 am. GTO. Three letters that can get any Ferrari fanatic’s heart racing. GTO stands for Gran Turismo Omolagato, which loosely translates to Gran Turismo Homolgated, and means that it was a road car made for homologation purposes for GT racing. The first one in this line of cars was the 250 GTO, followed by the 288 GTO and A 1962 Ferrari 250 GTO sees a record bid of $48.4 million (over Rs 338 crore). The extremely rare Ferrari was brought under the hammer by RM Sotheby at the Monterey Week. The 1962 Ferrari 250 GTO Then one of Ferrari’s best known privateer racing teams, Count Volpi’s Scuderia Serenissima, asked Bizzarrini to rework a 250 GT SWB (the team’s GTO order now having been snubbed by Ferrari). Bugatti Upcoming Cars in India. Bugatti is expected to launch 1 car in the year 2024-2025. Bugatti Chiron, is launching soon in India at an estimated price of Rs. 19.21 Crore respectively. The car is, to be specific, a 1962 Ferrari GTO by Scaglietti (chassis number 3413), the third of 36 examples built by The Prancing Horse for use in road-racing and grand touring throughout the 5YAy.