Ferrari Expert Claims that the $64 Million Ferrari 250 GTO is a Fake

Someone’s being a little sneaky with a certain 1962 Ferrari 250 GTO that one Ferrari expert has called out as a replica. You might remember that 250 GTO that popped up on Mobile.de a few weeks ago and came with a price tag of $64 million . The car received worldwide coverage because 1), it’s a Ferrari 250 GTO and 2), it costs $64 freakin’ million!

But Marcel Massini, regarded as the world’s leading Ferrari historian, is calling BS on the $64-million 250 GTO. "It’s a replica," Massini told. "I can tell you that with 100 percent certainty. I know where all of these cars are today. And this is not one of the original GTOs."

That part about knowing where all 39 250 GTOs are is apparently what separates Massini from the other Ferrari experts out there. Not only does he know where each one is, but he has photos and detailed histories of them. All 39 of them.

Massini also pointed out the car’s rather astronomical price tag as an indication that it’s fake, saying that anybody who owns a 250 GTO will use different methods to sell a car that’s expensive and incredibly rare. In short, posting it on a website isn’t one of them.

I personally have had no business dealings with Mobile.de so its hard to tell if they themselves were duped into selling a replica. The site has yet to issue any comments on Massini’s allegations, but it’s hard to go against someone who most agree is the authority on Ferrari’s history.

Updated 05/08/2014 @ 12:00 p.m.: Apparently the Ferrari expert was right, as the ad has been removed from mobile.de.

Click past the jump to read more about the Ferrari 250 GTO.

Source: CNBC

Why It Matters

If you had just purchased this 250 GTO for that price and then found out later that it was a fake, you’d be pretty ticked. Whether it’s legitimate or not, it’s a good thing that it’s being questioned this early. This way, Mobile.de can do a proper background check to ensure the car is what the seller claims it is.

Otherwise, the website could suffer some serious backlash from this, one that could be difficult to survive.

Ferrari 250 GTO

Ferrari 250 GTO

The Ferrari 250 GTO holds a special place in automotive history as one of Maranello’s finest models. When it was first unveiled in 1962, the automaker initially intended to use it in GT racing. The model was built on a chassis from the 250 GT SWB and was powered by a 3.0-liter, V-12 engine that came from the 250 Testa Rossa . Along with the V-12 engine, the 250 GTO also came with a hand-welded tube frame, an A-arm front suspension, a live-axle rear end, and disc brakes.

The 250 GTO’s legacy remains unblemished to this day, so much so that snagging one up for anything less than $20 million is considered a "bargain" in today’s world. The fact that only 39 units were built — 33 "normal" models, three with four-liter 330 engines, and three "Type 64" cars with revised bodywork — only adds to the overall appeal and esteem of the 250 GTO.


What is your take?

Back to top