There are literally a handful of cars in the history of the industry that’s revered more than the Ferrari 250 GTO. Really, you can probably count in one hand those models and we’re guessing you’re even going to have a hard time doing it. Such is the level of respect people have of this true classic. Consider how much a 250 GTO fetches in auctions these days. Last November, a variation of the 250 GTO - the 250 LM - sold for $14.3 million. But even that pales in comparison to the incredible $52 million price Connecticut-based collector Paul Pappalardo paid for a 1963 250 GTO. So yeah, unless there’s a DeLorean out there that actually flies, no car today - classic or modern - will even come close to sniffing that record purchase.

So imagine what it must have felt for Petrolicious to get its hands on a 250 GTO. In this video, Derek Hill, the son of former Formula One champion and Ferrari factory driver Phil HIll, managed to acquire a 1964 250 GTO. We can only wonder what it must have felt like to be entrusted with a car that probably has a higher value that the GDP of some countries. But if anybody understood the value of this car, it’s Hill. After all, his father actually raced this exact 250 GTO at the Daytona Continental, which the older Hill ended up winning.

You really can’t understate the rarity of this particular GTO, chassis #5571. It’s actually one of the last GTOs ever built and was also the first of the Series II bodies and it came with a 3.0-liter V-12 engine that produces 300 horsepower.

Not that we’re pining for it to hit any kind of auction in the future, but can you imagine how much it would fetch in a setting like that? It’s not just a 250 GTO; it’s a 250 GTO with a real racing history attached to it.

North of $50 million? We’d be fools not to at least consider it.

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Kirby Garlitos
Kirby Garlitos
Automotive Aftermarket Expert - kirby@topspeed.com
Kirby’s first exposure into the world of automobiles happened when he caught Knight Rider on television as a five-year old boy. David Hasselhoff didn’t leave much of an impression on him (that happened later on in Baywatch), but KITT certainly did. To this day, Kirby remains convinced that he will one day own a car with the same ‘spirit’ as the original KITT (not the 2008 monstrosity). He doesn't know when that will be, but until then, he’s committed to expressing his love for KITT, and all cars for that matter, here at TopSpeed.  Read full bio
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