Ferrari ownership is an entry into an exclusive club, but not all Ferraris are treated the same. Some of the models from the brand's history are worth a substantial amount of money, even when put up next to the newer models, such as the 2022 Ferrari Daytona SP3 with a starting price tag of $2,226,935. As you will see shortly, the classic Ferraris from the '50s and '60s may not have the comfort or the technological gadgets of the trim models today. Still, they have something that the new models will not have for a very long time: age.

The classic Ferraris from the past were built with technology that has long been outdated and found to be obsolete, but when it was being used, it was the best of the best. It may not make for a smooth ride compared to the ones offered today, but as with most classic cars that are on the collectible radar, as they grow older, they gain value. A few will always be thrown in throughout a vehicle's history that does not follow the average trends, such as a special edition created in the middle of the line with a limited production run. However, they have still not achieved the financial stardom of the original Ferraris.

With that in mind, here is a list of the priciest and most exclusive cars wearing the iconic prancing horse.

Updated May 6, 2023: The prices of classic cars are hard to keep on top of because each time they are auctioned off or even sold in private sales, their value fluctuates. The prices here have been updated to reflect the most current values to date, but updates do happen regularly, so keep in mind that these numbers are not set in stone. They are just values that portray which Ferraris are truly the most valuable.

Related: 10 Reasons Why The Roma is the Most Practical Ferrari Ever

10 1964 Ferrari 250 LM: Sold For $ 17.6 Million

A driving 1964 Ferrari 250 LM
ZANTAFIO56 via Wikimedia Commons

The 1964 Ferrari 250 LM was designed and produced at the back end of the famous five-year run (between 1960 and 1965) when Ferrari simply dominated the racetrack. For many die-hard fans, the '64 Ferrari was one of the best race cars ever made, winning its first endurance race at the 24 Hours of the Le Mans in 1965.

Under the hood was found a 320 bhp V-12 that could push the car all the way up to 183 mph. There were just over 30 Ferrari 250 LMs produced, so the last auction on file that shows one of them sold went for $17,600,000.

9 1959 Ferrari 250 GT LWB California Spider Competizione: Sold For $17.99 Million

A parked 1959 Ferrari 250 GT LWB California Spider Competizione
Bring a Trailer

The 1959 Ferrari 250 GT LWB California Spider Competizione is a car shrouded in mystery if you try and find the exact specifications of how it was built. One known thing is that some vehicles were built on aluminum chassis, creating a lighter car. They all had a V-12 under the hood, averaging horsepower numbers close to 275 bhp.

The '59 Ferrari was built for two distinct purposes, one was to race on the track, while the other was to offer a sport edition for drivers that took to the regulated streets of the world. The one thing that is for sure is that a version designed for racing, with an aluminum frame, sold for $17,990,000 at an auction held in New York.

8 1961 Ferrari 250 GT SWB California Spider: Sold For $17.16 Million

A parked 1961 Ferrari 250 GT SWB California Spider
richebets via Wikimedia Commons

It may seem a little bit strange to see the name California in the same nameplate as a Ferrari, but true Italian car lovers will be able to explain the reason why. The short explanation is that Ferrari wanted to build a car focused on selling on the American market, specifically in California.

In fact, the original idea of the 1961 Ferrari 250 GT SWB California Spider came from a California car importer and worked its way up the Italian chain until it became a reality. Under the hood was the all-too-familiar V-12 that could push out up to 240 horsepower, giving it a top speed of 156 mph. At the last reported auction, this car sold for $17,160,000.

Related: 10 Things You Should Know About the Ferrari Purosangue

7 1954 Ferrari 375-Plus Spider Competizione: Sold For $18.31 Million

The 1954 Ferrari 375-Plus Spider Competizione is a sports racing car that made the company proud by winning some of the most famous races of the day, such as the 24 Hours of Le Mans, Carrera Panamericana, 1000km of Buenos Aires, Agadir GP, and Silverstone.

Under the hood was the V12, when combined with the three Weber carburetors on the intake, could manage to produce up to 325 horses at 6000 RPM. Very few of these models were made, which increases the value by a decent amount, which may be why the '54 Ferrari sold for $18,315,846 at the last auction reported.

6 1964 Ferrari 275 GTB/C Speciale: Sold For $26.4 Million

A parked 1964 Ferrari 275 GTB/C Speciale
Ferrari

The Ferrari 275 GTB/C Speciale was the work of Scuderia Ferrari, the company's official racing team. The automaker made 12 examples of this lightweight racecar which was supplied to several independent racing teams, including NART, and Maranello Concessionaires, among others. The cars were entered in the 1966 24 Hours of Le Mans and 1967 Targa Florio, where it finished first in class.

Powered by a 3.5-liter Tipo V12, the car made a healthy 320 horsepower and received a heavily re-engineered body made of superlight steel and aluminum, making this one of the best road-car derived Ferrari race cars of all time. So, the Ferrari 275 GTB/C Speciale's rarity, combined with its ingenuity, means it is highly coveted by Ferrari collectors and fetched $26,400,000 at an RM Sotheby's auction in 2014.

5 1967 Ferrari 275 GTB/4 N.A.R.T. Spider: Sold For $27.5 Million

Another Ferrari came to America through the pipeline due to the efforts of Lugi Chinetti, a California entrepreneur that was close friends with Enzo Ferrari. Like most production Ferraris built for American markets, the 1967 Ferrari 275 GTB/4 N.A.R.T. Spider had a limited production run.

In fact, it has been documented that only ten of them were ever built, which is why this 300 bhp V-12-driven Ferrari Spider may have sold for $27,500,000 at an auction in California. Of course, the fact that Steve McQueen drove one in "The Thomas Crown Affair" probably helped push the car into stardom.

Related: Ferrari LaFerrari: The Best Hybrid Supercar Ever?

4 1956 Ferrari 290 MM Spider Scaglietti: Sold For $28.05 Million

1956 Ferrari 290 MM Scaglietti
RM Sotheby's

Old Ferraris are special, it's a known fact, but the Ferrari 290 MM Spider Scaglietti is Ferrari royalty. Designed specifically to take part in the 1956 Mille Miglia, which it won with Eugenio Castellotti at the wheel. The list of racing legends that piloted the 290 MM is quite extensive and includes Sir Stirling Moss, Peter Collins, and Juan Manuel, amongst others.

Powered by a 3.5-liter Tipo V-12 derived from its predecessor, the 860 Monza, this front-mid-engined Spider produced a very healthy 320 horsepower and came equipped with a period-correct four-speed manual transmission. The 1956 Mille Miglia race-winning car driven by Juan Manuel Fangio fetched $28,050,000 million at an auction.

3 1957 Ferrari 335 Sport Scaglietti: Sold For 33.4 Million

A 1957 Ferrari 335 Sport Scaglietti on display
Alexandre Prevot via Wikimedia Commons

Derived from the highly successful 315 S, the Ferrari 335 Sport Scaglietti is yet another chapter in Ferrari's glorious racing history. The 355 Sports Scaglietti follows the classic front-engined V-12 recipe that dominated the racing world for decades. Designed by the iconic designer and the car's namesake Carrozzeria Scaglietti, the 355 was powered by a 4.0-liter Tipo Jano V-12, a bored-out derivative of the 315's powerplant that produced 390 horsepower and came mated to a four-speed manual.

The last recorded auction price of a 355 was €32.1 million, which is approximately $33,400,000 per the exchange rates at the time of writing this, making this one of the rarest and the most expensive Ferraris in the world.

2 1962 Ferrari 250 GTO: Sold For $48.4 Million

1962 Ferrari 250 GTO on track.
BaT Auctions

The original 1962 Ferrari 250 GTOs are responsible for giving rise to a new wave of ultra-high-end collectibles. *This V-12-powered Ferrari borrowed its engine from the 250 Testa Rossa. The all-alloy engine featured six Webber carburetors and proved to be highly effective in the endurance racing scene. With 302 horsepower and a dog-leg manual transmission, this car was capable of reaching 60 mph in just 5.4 seconds and had a top speed of 174 mph which is quick even by modern standards.

Early examples from 1962 are more affordable than later models. However, the last recorded sale price for a 1962 Ferrari 250 GTO was $48,405,000 million at RM Sotheby's annual collector car sale in Monterey, California, which makes this one of the most expensive cars in the world.

Related: The Fastest Ferraris Ever Produced

1 1963 Ferrari 250 GTO: Sold For $70 Million

The Ferrari 250 GTO is hailed as the Holy Grail in the realm of collectible automobiles. *There's no such thing as a bargain Ferrari 250 GTO, but this particular example from 1963 with the chassis number 4153 GT holds the record for the most expensive car ever sold at an auction at a mind-numbing price of $70 million!

Powered by a 302 horsepower Tipo Comp. 3.0-liter V-12 and mated to a five-speed gearbox utilizing a Porsche-type synchromesh meant this front-engined GT car was capable of running the quarter-mile in just 13.1 seconds and was capable of reaching 174 mph, which was unheard of at the time. This record-breaking example even won the Tour de France in 1964, which is one of the key reasons for its exorbitant price.

FAQ

Q: What is the most expensive Ferrari?

The most expensive Ferrari in the world is a 1964 Tour de France winning Ferrari 250 GTO which fetched $70 million at a private auction.

Q: Is there a car worth 100 million dollars?

A 1955 Mercedes 300SLR, which is a part of Mercedes's heritage fleet is worth $142 million.

Q: Is there a car worth 50 million?

Back in 2016, a Ferrari 250 GTO reportedly sold for $50,000,000 at a private auction.

Q: Who owns the most expensive car in the world?

According to some reports Jay-Z recently purchased the Rolls Royce Boattail that hold the title of the World's most expensive new car with a $28,000,000 price tag.

Q: What is the 70 million dollar Ferrari?

The 1964 Tour de France winning Ferrari 250 GTO was sold at an auction for $70,000,000.

Q: Which is the most expensive new Ferrari?

The most expensive new Ferrari currently on sale is the Ferrari SF90 which carries a starting MSRP of $500,000.

Q: Who bought the 70 million dollar Ferrari?

The 1964 Ferrari 250 GTO was purchased by an unknown American Business tycoon for $70 million.