Ferrari 250 GTO s/n 3729GT 67 - engine installed from 2735GT (250 GT SWB).. - 250 GTE 2+2 engine installed by Bob Houghton 0. - new engine block from Ferrari Classiche installed A Grand Prix International magazine had just printed an advertisement saying, "It was still possible to buy a GTO250 at a reasonable price." A reasonably priced GTO was quite surprising at that time when a genuine would sell at 2 million dollars. What William Phillipe Favre did was to recreate the charismatic 1962 Ferrari GTO 250. The last time I checked, a Series I Ferrari 250 GTO was worth upwards of $50m – if you could find one for sale – because only 40 GTOs were made between 1961 and ’64, including two prototypes. There were thirty-two of the revered Series I 3.0-litre V12 GTOs, three 4.0-litre ‘330’ GTOs, a 250 GTO LM Berlinetta, and three Series II models. Set to be built entirely at the firm’s UK facility, the Squalo will feature a 4-litre, quad-cam V12 capable of revving at up to 10,000rpm, and produce in excess of 460bhp. GTO Engineering is targeting a sub-165kg figure for the engine, achieved through the use of obsessive lightweighting within the engine’s components. Take the 250 GTO of 1962 for example. These are now the gold standard of classic Ferraris and worth in the region of $50 million; but back in the Seventies GTOs were yesterday’s news, replaced The Ferrari 250 GTO is the most expensive car ever bought, but it is also one of the most expensive automobiles purchased at an auction. A 1962 250 GTO was purchased for $48.4 million at an RM The 250 GTO is an emblem of rarity and desirability, holding the record for the most expensive car ever sold at auction - a staggering $48.4 million in 2018. The upcoming auction threatens to 1965 ferrari 330 gto recreation: --Rosso Corsa, Blue seats, 4.5 liter V12 engine with 5-Speed gearbox, Superb in all respects and extremely fast! The concept and build commenced in 1990 for a project that would incorporate proper elements for an homage to not just a 250 GTO, but its illustrious brother, the even more exclusive 330 GTO having Description. This exceptional Ferrari 250 which started life in 1963 as a GTE, serial number 4861GT was delivered new in Italy. In the early 1990s Terry Hoyle, the renowned competition engine builder who has a passion for classic Ferraris running deep in his veins, converted the car into what is widely acknowledged to be one of the most faithful GTO recreation. Ferrari has lost a legal battle to trademark the shape of its legendary 250 GTO to Italian car atelier Ares Design. The move overrules an Italian court judgement that protected the GTO as a work of art. Ares Design is best known for its Panther Progettouno, a DeTomaso Pantera recreation, based on Lamborghini underpinnings. eEG02k.