A meticulously preserved and unrestored 1962 Ferrari 250 GTO, chassis number 3729GT, is set to headline the Mecum Auctions in Kissimmee, Florida, with an estimated sale price potentially exceeding $70 million. This exceptional vehicle, finished in Ferrari’s distinctive and rare “Special White” paint, stands out not only for its unique color but also for its remarkable racing pedigree and pristine condition.
Produced in fewer than 40 units between 1962 and 1964, the Ferrari 250 GTO is widely regarded as the ultimate Ferrari. Built specifically for the International GT Championship, it fused advanced aerodynamics with Ferrari’s legendary engineering. Beneath its aluminum hood crafted by Scaglietti beats a 3.0-liter V-12 Type 168/62 Comp engine producing approximately 300 horsepower, paired with a five-speed manual transmission—delivering both extraordinary performance and endurance for long-distance racing.
What sets the 3729GT chassis apart is its originality as the only Ferrari 250 GTO delivered new in White. This choice was made by its first owner, John Coombs, a prominent British team owner and racing expert. Coombs added functional racing modifications like hood slots, a third air intake on the fender, and a unique cabin ventilation duct linked to a front headlight, emphasizing its genuine track use.
The Ferrari 250 GTO Special White boasts an impressive competition history with class wins and multiple second-place finishes across major British and European circuits. Esteemed drivers such as Graham Hill, Jack Sears, Mike Parkes, Roy Salvadori, and Richie Ginther piloted this model. It secured second place at the RAC Tourist Trophy in Goodwood in 1962 and 1963, contributing to Ferrari’s FIA GT championship victories. The car was even lent to Jaguar’s racing team for comparative testing, proving superior to the Jaguar E-Type.
Following its racing career, the car passed through the hands of notable owners, including Jack Sears, who possessed it for nearly three decades. Since 1999, it has been part of the Jon Shirley Collection, where it was restored to its original white livery and showcased at prestigious events such as the Pebble Beach Concours d’Elegance, Cavallino Classic, and Goodwood Revival. Carefully maintained without invasive restoration and certified by the Ferrari Classiche Red Book, the 3729GT retains exceptional originality.
This unparalleled history and condition are key factors driving its estimated value. Though Mecum Auctions has not disclosed an official reserve, experts anticipate the 1962 Ferrari 250 GTO could command a price close to $70 million, underscoring its status as one of the most valuable cars in the world.
Source: Mecum Auctions
