This article is about the 1962-1964 GT racing car. For the 1984-1986 Group B racing car, see the Ferrari 288 GTO.The Ferrari 250 GTO
is a GT car produced by Ferrari from 1962 to 1964 for parity in the FIA's Group 3 Grand Touring Car category. It was powered by Ferrari's
for Gran Turismo Omologato, Italian for "Grand Touring Homologated".Of the 250 GTOs, only 36 were built between 1962 and 1964.
This includes 33 cars with 1962–63 bodywork (Series I) and three cars with 1964 (Series II) bodywork similar to the Ferrari 250 LM. Four of
the older 1962–1963 (Series I) cars were updated with Series II bodies in 1964.When new, the 250 GTO cost $18,000 in the United States,
buyers were personally approved by Enzo Ferrari and his North American dealer, Luigi Chinetti.This model has since become highly desired
by automobile collectors and sales have set the price again and again. record. The current record for the world's most expensive car was
set in June 2018 when a 1963 250 GTO (chassis 4153GT) was sold for $70 million in a private sale.In 2004, Sports Car International ranked
the 250 GTO eighth on its list of the top sports cars of the 1960s, and named it the top sports car ofalltime.Similarly, Motor Trend
Classic ranked the 250 GTO first on its list of "Greatest Ferraris of All Time". Popular Mechanics named it "the hottest car of all time".