250 GT Berlinetta Lusso

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Red 1962 Ferrari 330 LM/GTO front view

If you plan to be in New York City on November 13 and have easy access to about $60 million, why not take a chance bidding on a one-of-one Ferrari? The RM Sotheby’s Modern and Contemporary Art auction will offer a 1962 Ferrari 250 GTO that’s also known as the 330 LM. The car was built to suit a new race class at the time, which allowed replacing the 25 GTO’s 3.0-liter V12 with a more powerful 4.0-liter. Ferrari kept this special GTO for its own Scuderia Ferrari race team. Will this car surpass the reported $70 million a private collector paid for a 250 GTO in 2018? We shall see on November 13.

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The Ferrari 275 GTS was positioned as the more comfortable everyday driver. Its interior appointments were a bit more luxurious, with fully adjustable and more accommodating bucket seats, plus more luggage space. The 275 GTS that sold at the Mecum Monterey auctioned for $1.1m (pre-sale estimate was $1.1m-$1.4m).