The Ferrari 250 GTO of 1963 has become the most expensive classic car in the world. The collector David MacNeil, CEO of WeatherTech, a well-known automobile parts company and a renowned collector of Ferraris, has become its new owner after paying the 70 million dollars in which the car was appraised.
Its high price is due to the exclusivity that surrounds this model: only 39 units were manufactured. This car, in particular, is considered one of those in better condition. In addition, the history of competitions behind this car also adds value to the car.
In ‘250’ of its name refers to the capacity of each cylinder (250 cc). Thus, the acronym GTO expresses its status as ‘Gran Turismo Omologata’ (Gran Turismo Homologado). Under the hood, a 3-liter V12 engine with 300 hp, which is still considered one of the best in the world.