Merged: 250 GTO sold for $20 million + | Page 6 | FerrariChat

Merged: 250 GTO sold for $20 million +

Discussion in 'Vintage Ferrari Market' started by velocetwo, Jun 26, 2008.

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  1. maxrevz

    maxrevz Rookie

    Jul 29, 2008
    5
    I heard that the recent GTO sale price was equivalent to $22.5 MM (a.k.a. current GTO membership dues paid in full ;-).

    Max
     
  2. maxrevz

    maxrevz Rookie

    Jul 29, 2008
    5
    I believe that chassis 5095 sold for $22.5 MM. Another transaction occured for a different GTO at $28 MM recently. Can anyone confirm?

    Max
     
  3. jtdoyleiv

    jtdoyleiv Rookie

    Nov 1, 2006
    49
    Full Name:
    Jamie Doyle
  4. Daytonafan

    Daytonafan F1 Rookie

    Oct 18, 2003
    2,748
    Surrey, England
    Full Name:
    Matthew
  5. jtdoyleiv

    jtdoyleiv Rookie

    Nov 1, 2006
    49
    Full Name:
    Jamie Doyle
    Thanks - I had seen that thread before, but not recently. Still, there doesn't seem to be concrete information about the trade.
     
  6. 2NA

    2NA F1 World Champ
    Consultant Owner Professional Ferrari Technician

    Dec 29, 2006
    18,214
    Twin Cities
    Full Name:
    Tim Keseluk
    "While $30,000,000 may be a mind-blowing amount of money to pay for a car, the buyer is also buying a true work of art and one of only 36 Ferrari 350 GTOs, the most famous of all Ferraris."
     
  7. cicatrix

    cicatrix Karting

    Sep 9, 2005
    231
    USA 1
    You quoted them incorrectly
     
  8. TexasF355F1

    TexasF355F1 Six Time F1 World Champ
    Silver Subscribed

    Feb 2, 2004
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    Full Name:
    Jason
    How many of the 36 are actually fully functioning, and/or driven? Be it, on rare occassions or other.
     
  9. Artvonne

    Artvonne F1 Veteran

    Oct 29, 2004
    5,379
    NWA
    Full Name:
    Paul
    Now I'm curious how many of the 36 are 350's?? :)
     
  10. 2NA

    2NA F1 World Champ
    Consultant Owner Professional Ferrari Technician

    Dec 29, 2006
    18,214
    Twin Cities
    Full Name:
    Tim Keseluk
  11. cicatrix

    cicatrix Karting

    Sep 9, 2005
    231
    USA 1
  12. 2NA

    2NA F1 World Champ
    Consultant Owner Professional Ferrari Technician

    Dec 29, 2006
    18,214
    Twin Cities
    Full Name:
    Tim Keseluk
    #137 2NA, Sep 4, 2008
    Last edited: Sep 4, 2008
    Interesting, someone there must have seen my post and done an edit, you perhaps?

    It was cut and paste, no changes to the text.
     
  13. 134282

    134282 Four Time F1 World Champ
    BANNED

    Aug 3, 2002
    40,647
    California
    Full Name:
    Carbon McCoy
    Amazingly enough, all 36 are alive today. Some of them aren't completely original, but they're all still around. There's an owner in Italy who drives his GTO a lot - a LOT - but I don't know how often the others are driven.
     
  14. cicatrix

    cicatrix Karting

    Sep 9, 2005
    231
    USA 1
    not I.
     
  15. Monteman

    Monteman Formula 3
    Rossa Subscribed

    Feb 9, 2006
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    Monte
    #140 Monteman, Sep 4, 2008
    Last edited by a moderator: Sep 7, 2017
  16. Artvonne

    Artvonne F1 Veteran

    Oct 29, 2004
    5,379
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    Paul
    Begs the question of how many of the 36 are actually real.
     
  17. rcraig

    rcraig F1 Rookie

    Dec 7, 2005
    2,948
    Maryland
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    Bob Craig
    #142 rcraig, Sep 4, 2008
    Last edited by a moderator: Sep 7, 2017
    Sorry to say, but the one above in Reston was not a real one , but a recreation. Here's a real one, (not technically, it's really a 330 GTO) but trust me, it's very real. The same gentleman owns all treee of the pretty remarkable cars in pic. GTO ,312PB, and 206 SP.
    Bob
    Image Unavailable, Please Login
    Image Unavailable, Please Login
     
  18. SimplyBenny

    SimplyBenny Formula Junior

    Dec 26, 2007
    265
    NJ
    Full Name:
    Ben
    I have a pic from when I saw that #22 GTO at the Ferrari Challenge at Infineon. My friend knew the owner and I touched the car, wonder if its the one that went for 30 mill?
     
  19. Pantera

    Pantera F1 Rookie

    Nov 6, 2004
    4,479
    Thats just crazy man 30mil for a ferrari and here I was complaining about 100k for a 355 :D.
     
  20. Steve Magnusson

    Steve Magnusson Two Time F1 World Champ
    Lifetime Rossa

    Jan 11, 2001
    25,161
    30°30'40" N 97°35'41" W (Texas)
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    Steve Magnusson
    I thought there'd be at least 42 of the original 36 still around ;)
     
  21. dretceterini

    dretceterini F1 Veteran

    Apr 28, 2004
    7,289
    Etceterini Land
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    Dr.Stuart Schaller
    No, it's more than that, just like Daytona spiders :(
     
  22. Miura Jota

    Miura Jota F1 Rookie

    May 26, 2004
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    Toluca , Mexico
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    Martin
    Fabrizio Violati has owned his GTO s/n 3851 since 1965
    but most of the time is kept at his museum COLLEZIONE MARANELLO ROSSO .

    that must be the least expensive GTO when he bought it, as it was just an used old race car. ;)
     
  23. Meister

    Meister F1 Veteran
    Silver Subscribed

    Apr 27, 2001
    5,516
    Duluth, MN
    Full Name:
    The Meister
    Withint the last 10 years, Several Van Goghs' (as an example) have gone for $40M+.....

    And they are just oil and canvas that you can hang in your vaca home...

    A 250 GTO is a living breathing entity, which by defenition is no less a work of art than any Monet, Manet, Gogh, Seret, Warhall...etc....and it's something you can actually interact with...why not $30M.... seems like a bargin to me.
     
  24. Jackmb1

    Jackmb1 F1 Rookie

    Dec 27, 2005
    3,329
    Wow, 30 millions is a lot of money, but this is a piece of art.
     
  25. nickm

    nickm Formula Junior

    Jan 20, 2004
    371
    Ventura Ca.
    I guess you have to figure there are about 1000 billionaires in the world... most of them guys...
    most guys love cars. What marque is one of the most "prestigious" to own, and of that marque
    which is the most "desirable" to own... and perhaps the hardest to get your hands on? To me
    it's hard to see why they aren't selling for $50 mil+. I am sure within the next 10 years or so,
    with all the new billionaires added to the world total every year (I think 180 new people joined
    the billionaire club just last year) It's only a matter of 10 years or so till those these GTO's start
    jumping up in price by $10 mil every time one sells. Nice car to own right now. Thing is, how do
    you get one of those billionaires to part with a gto once they have their hands on one? The money
    it's worth probably doesnt mean that much to them... what means more (I'll bet) is they have
    something everyone would like to own... and cant have. It's mine... all mine!!!!
     

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