Words: Andrew Sluys
Published 22 December 2025
An unrestored 1962 Ferrari 250 GTO has been tipped to break the all-time auction sales record for the prancing horse brand.
Being perfectly maintained and in factory-fresh condition, estimates have this white GTO selling over $120 million when the hammer drops.
As the headline lot of the upcoming Mecum auction, taking place in Kissimmee, Florida, from January 6 to 18, it is one of the rarest 250 GTO configurations in existence.
Wearing chassis number 3729GT, this is one of the few GTOs built in right-hand drive, and the only one to wear the white Bianco Speciale paint.
Like all 250 GTOs, power comes from a 3.0-litre Tipo V12 engine, which makes around 300hp.
It can hit 100km/h from a standing start in around five seconds, and is capable of hitting 274km/h.
Purchased and configured by British motorsport team owner John Coombs, the GTO received additional hood vents, and a fresh air hose running from the bonnet to the cabin.
Coombs then took the GTO racing, where he found success. Other notable drivers to pedal this machine include Graham Hill, Jack Sears, and Mike Pakes.
Throughout the last six decades, the GTO was owned by a number of collectors, including one that kept it in a climate-controlled garage for around 30 years.
More recently, it was returned to its original livery, and made appearances at Pebble Beach Concours d’Elegance, the Cavallino Classic, and the Goodwood Revival.
It’s noted in the auction listing that the vehicle hasn’t been invasively restored at any point, and this is certified by the Ferrari Classiche Red Book.
Currently, the Ferrari auction record is held by another 1962 Ferrari 250 GTO, which sold for $88 million in 2023.
If this example does go for the estimated $120 million it will set a new record for Ferraris at auction, but won’t claim the outright record.
The all-time auction record is held by the 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe, which sold for $246 million in 2022.
