The Legendary Ferrari 250 GTO in Full On Racing Mode
Thee 250 GTO to Ferrari (NYSE:RACE) purists is the pinnacle of The Scuderia, it is a rare, exotic, and thoroughbred racecar, and the most expensive car in the world.
There are just 39 examples, including one 330 GTO and the 3 Series II’s.
The 1964 model is mechanically similar to the ’62 and ’63 models, the ’64 breaks the mold with a wider track made possible by fitting slightly wider wheels. From an aesthetic POV, the ’64 resembles the 250 LM a bit.
For the 1964 GT racing reason, Enzo Ferrari wished to field the mid-engined 250 LM. But the FIA rejected Ferrari’s homologation, forcing the Scuderia to use the GTO.
And that, Ferrari lovers, is how chassis no. 5571GT, 5573GT, and 5575GT became 250 GTO ’64 or Series II.
The entire GTO line up is expensive in the extreme, they have Blue-Chip investment appeal to them. Though in Y 1969 one was just an old race car, I know we had one, and spit blood to sell it for $11,000.00. Today, is worth about $60-M.
Watching one run in full racing mode is impressive to watch as it runs a fast and winding circuit.
The owner of this particular ’64/Series II took his racer to Circuit Park Zandvoort in the Netherlands, a race track with 13 highly-technical corners.
The last time a Formula 1 Grand Prix was held at Zandvoort was Y 1985, with Niki Lauda winning the race with the McLaren MP4/2B. Alain Prost finished 2nd in his McLaren, at a mere 0.2 secs behind Niki Lauda.
Press play if you want to see and hear arguably the best 2.5 mins you will spend today.
There are 50 Tier 1 Vintage & Classic Golden Era Ferrari sports and racing cars, the 250GTO is in the Top 3. Stay tuned, from now until the end of this 70th Anni year I will feature them in this column.
|NYSE:RACE||68.43||17 March 2017||-0.91||69.28||69.28||68.4||293,600|
|Bullish (0.48)||Bullish (0.29)||Very Bullish (0.73)||Bullish (0.42)|
Have a terrific weekend.
Latest posts by Paul Ebeling (see all)
- Wall Street’s Key Stock Analysts Research Report, All Buys - March 31, 2020
- Have We Have Seen ‘The Golden Age’ of Restaurants? - March 31, 2020
- This is a Very Volatile Stock Market, What Does it Mean? - March 31, 2020