There's rich, there's really rich, and then there's mega-rich. Fit any of these categories? Lucky you—chances are, you can buy whatever car you want, whenever you want. But even the mega-rich might need to check their bank account to see if they have the funds to snap up this gorgeous red Ferrari 250 GTO Berlinetta, which is crossing the auction block during the Bonhams' annual Quail Lodge auction August 14–15 at the 2014 Pebble Beach concours. The GTO is being offered at no reserve, meaning that, theoretically, you could pick it up for a buck. But you won't, and here's why.
The car, chassis number 3851 GT, was the 19th 250 GTO Berlinetta built, and was completed new on September 11, 1962. It is described as having enjoyed the world's longest period of single ownership among GTO Berlinettas, having effectively been in one lucky family's care for 49 years, from 1965-2014. The Ferrari's early history is rather interesting (much of it is detailed by Bonhams in a press release), and involves a bunch of racing (of course), a wreck, and a young Fabrizio Violati, who "saved the car from scrap" and hid it from his parents, only driving it at night so they wouldn't find out; as you've probably surmised, he and his family were the happy longtime owners.
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So what will this rare piece go for? Vintage Ferrari prices have catapulted into the outer insane-isphere in recent years, and this sale takes place exactly one year after a Ferrari 275 GTB4 NART spyder sold for $27.5 million. Since then, another 250 GTO sold privately for a record $52 million. How much this one could fetch is pretty much impossible to predict, but it's safe to say that it'll be somewhere in the mid-to-high eight-figure range. The onus is on you, über-rich.
from Car and Driver Blog http://ift.tt/nSHy27
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