It’s appropriate that possibly the best 288 GTO on the market right now would be offered for sale in the same small Italian town that Ferrari has called home for its entire history. One of fewer than 100 examples of the 288 GTO constructed to this specification, this 255th example is the only one without power windows or a radio, apparently to reduce weight. A grey market transport company operating out of Colorado City, Colorado imported the vehicle into the country, and it was later sold to a man in Seattle, Washington.
The automobile only traveled 300+ miles while there before being purchased and shipped back to Italy, where it sat until being sold for an astounding EUR3,263,000, or $3.9 million US, in September 2017. When one does, there’s always a chance it may set a new record for the most expensive 288 GTO ever sold because cars as costly and uncommon as the 288 GTO don’t come available for sale very frequently. But for the time being, it seems that this illustration is the clear winner.
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What is the market value of a 1984 Ferrari 288 GTO?
According to a statement from Dusseldorf police, the suspect made contact with a classic automobile dealer pretending to be a potential buyer who had indicated interest in purchasing a 1985 Ferrari 288 GTO. The suspect also arranged for a test drive with the seller.
On Monday, when the seller got out of the car to switch drivers, the potential buyer sped up and took off.
The 1985-first-registered “vintage automobile,” according to the police, is worth more than EUR2 million.
The Ferrari 288 GTO is a special, limited-edition version of the 308 GTB, a Ferrari that is currently in production. In order to compete in the fledgling Group B Circuit Race, a road racing variant of the well-known Group B Rally circuit, only 272 vehicles were constructed between 1984 and 1987. The 288 GTO is currently one of the most sought-after Ferraris from the 1980s, despite the fact that the series was cancelled before it even began.
The cars are currently valued between $2.5 million and $3.5 million, according to Peter Haynes, a spokesman at specialized auctioneer RM Sotheby’s. In January, the auctioneer earned $3.3 million from the sale of a 1985 Ferrari 288 GTO.
According to the Westdeutsche Allgemeine Zeitung, Eddie Irvine, a former Formula 1 driver, once owned the stolen vehicle.
The item was eventually discovered concealed in a garage on Tuesday night in Grevenbroich, a town located approximately 18 miles southwest of Dusseldorf. Nevertheless, police are still looking for the suspect.
It is not a very smart idea to steal this vehicle because it is exceedingly challenging to sell, according to Haynes. It is comparable to a well-known painting in that it would be quite simple for most people to recognize it and extremely challenging to sell.
How many Ferrari 288 GTO models exist today?
Primarily 3 of the original 272 road GTOs and the additional 5 GTO Evoluzione models, which were only intended for racing, are still in existence. The last 288 GTO was constructed for former Formula 1 World Champion Niki Lauda and presented to him as a gift in 1986, making it the most coveted of all 288 GTOs ever constructed.
A Ferrari 288 GTO can go how fast?
The 308 GTB, which sports a 2.9 L (2,927 cc) V8 and rear mid-engine rear wheel drive, served as the basis for the GTO. The “288” alludes to the Weber-Marelli fuel injection system, IHI twin turbochargers, Behr air to air intercoolers, 2.8 liter DOHC, four valves per cylinder V8 engine, and a compression ratio of 7.6:1 that were all employed in the GTO. The FIA’s stipulation that the capacity of a turbocharged engine be doubled by 1.4 led to the 2.85 liter engine size. This resulted in the GTO’s engine having an equivalent size of 3,997 cc (4.0 L; 243.9 cu in), which was just under the 4.0 litre requirement for Group B.
The GTO’s 2,855 cc (2.9 L; 174.2 cu in) V8 was longitudinally positioned, utilizing the 308’s rear trunk space, in contrast to the 308’s 2,927 cc (2.9 L; 178.6 cu in) engine. To make room for the dual turbochargers and intercoolers, this was necessary. The rear differential and wheels were moved backward by the racing transmission, which was placed to the longitudinal engine’s back. Additionally, the configuration allowed the GTO to use a more traditional race-car engine and transmission architecture for features like rapid gear-ratio changes for different circuits. The result was that the wheelbase increased by 110 mm (4.3 in) to 2,450 mm (96.5 in). The track was also widened to accommodate wider wheels and tires, which can deliver 400 PS (395 bhp; 294 kW) at 7,000 rpm and 496 Nm (366 lbft) of torque at 3,800 rpm. The front Goodyear NCT 225/55 VR16 tires are mounted on 8 x 16-inch Speedline wheels, and the rear Goodyear NCT 255/50 VR16 tires are mounted on 10-inch Speedline wheels. The Ferrari GTO was one of the quickest street-legal production vehicles of its day, with a top speed of 189 mph (304 km/h) and stated acceleration times of 0-60 mph (97 km/h) in roughly 5 seconds and 0-125 mph (201 km/h) in just 15 seconds.
What is the value of a 250 GTO?
($52 million and $70 million) 1963 Ferrari 250 GTO Given that the four most expensive Ferraris ever sold are all variations of the same model, even minor variations can result in significant changes in value. Two 1963 Ferrari 250 GTO cars cost about $20 million apart, largely because of the condition of the first.
Is a supercar a Ferrari 288 GTO?
The 288 GTO is the grandfather of all current hypercars because it is the 308 GTB supercar’s “exotic homologation” variant. Ferrari created the 288 GTO for the FIA Group B race, but before it could even show off its capabilities, the series was eventually terminated due to a number of problems. But there’s no denying that this monstrous supercar was among the best Ferraris ever made. On August 20, RM Sotheby’s will hold auctions in Monterey, California, for one of the 272 288 GTOs that have ever been produced.
There are how many Ferrari 250 GTOs?
To be homologated for Group 3 Grand Touring Car racing in 1962, a car had to be produced in at least one hundred examples, according to FIA standards. Ferrari only produced 36 250 GTOs (33 of the 1962-design Series I cars and three 1964-design Series II cars, with revised bodywork). The three more “330 GTO” vehicles with the four-liter 330 engine—identified by the noticeable hump on the bonnet—are occasionally added to the total production number, bringing it to 39. It became a common misconception that Enzo Ferrari moved the same automobiles between different places to give the appearance that all 100 cars were there when FIA inspectors arrived to verify that 100 examples had been produced. Actually, no deception was necessary because the older 250 GT Berlinetta SWB model’s homologation paid the cost of the construction of the 250 GTO. These homologation papers were issued in 1960, but between 1961 and 1964, extensions were often requested and approved, enabling Ferrari to make additions not covered by the initial specification, such as alterations to the engine, transmission, and suspension. Additionally, because more than 100 bodies had been constructed in accordance with the previous 250 GT SWB specification, FIA rules permitted the design of a new body, which resulted in the creation of the new 250 GTO body style. Similar procedures were employed to homologate the Aston Martin DB4 GT Zagato and the Jaguar E-Type Lightweight, so this form of homologation was not exclusive to Ferrari.
Cost of a Ferrari F50
The Ferrari F50 cost $475,000 when it was first released, but because of its short production run and the Ferrari brand’s rising popularity over time, collectors’ models now fetch much greater prices. Although they have not yet matched some of the more expensive Ferrari models, recent Ferrari F50 prices have reached $3 million.
All Ferrari 288 GTOs were red.
The Ferrari 288 GTO and 308 GTB both used the same basic building techniques. Although the structure was supported by a steel tube frame, various lightweight materials were used to build the panels. Aluminum was utilized for the doors, fiberglass composite for the fenders and quarter panels, Kevlar and carbon fiber for the roof, lower front spoiler, and rear valance.
The 288 GTO did, in fact, resemble the 308 from a distance, but Leonardo Fioravanti modified it for a more commanding presence that was more practical than aesthetic.
Despite being 200 mm shorter than the 308, the wheelbase of the 288 GTO increased. The newly created flared body rearranged the proportions but was primarily constructed to support wider wheels: 8 inches up front and 10 inches behind.
Following extensive wind testing, the GTO received an aerodynamically effective kit, further setting it apart from the 308 with a deeper front air dam and additional driving lights on the front bumper.
Fioravanti added a few references to the original 250 GTO as a finishing touch. The 288 GTO’s engine was situated in the middle, so the designer moved this useful component behind the back wheels. The 1960s automobile had sets of vertical cooling vents on the front fenders. Additionally, the understated aerodynamic wing served as a practical homage to the groundbreaking Gran Turismo Omologato.
The expanded wheelbase, combined with the use of lightweight materials, dramatically reduced the center of gravity and enhanced handling. The GTO weighed 2,555 lb, 530 lb less than the 308 GTB, which made use of conventional manufacturing methods and materials, while having larger overall external dimensions.
Ferrari painted all 272 of the 288 GTO red; however, Pininfarina, a Ferrari affiliate, painted a prototype in yellow, however this was done post-production.
It may be argued that because Pininfarina is Ferrari’s approved coachbuilder, the work was “done by Ferrari.” The “yellow GTO” is well-known among enthusiasts, and Ferrari has granted it Clasiche Certification.
Which Ferrari is the cheapest?
The brand of supercars that is perhaps best known worldwide is Ferrari. This Italian carmaker has gained notoriety for its outstanding performance and domination in motorsports. In order to make their sports vehicles even more thrilling, Ferrari has started using turbocharging and electricity.
The Portofino is the least costly Ferrari currently on the market, yet no Ferrari can be classified as entry-level. The base price of this classy roadster is around $215,000 before options, and like any Ferrari, extras are available in abundance.
Most Expensive: The SF90 Stradale is a display of Ferrari’s performance prowess. Its hybridized twin-turbo V-8 produces close to 1,000 horsepower. The SF90 is considerably over $1 million in price, but you can’t just go into a dealer’s lot and purchase one. To add an SF90 to your collection of Prancing Horses, you must receive a personal invitation from Ferrari.
The most entertaining Ferrari to drive is impossible to choose, just as the preferred pizza variety. Nevertheless, we were in awe of the 812 Superfast. We won’t soon forget the 812 “Stoopidfast’s” V-12 song since emissions regulations cast doubt on the future of 12-cylinder engines.
As soon as a car is released, we want to test and rank as many of them as we can. We’ll rank new models as we periodically update our rankings and we might even change the scores for some models. Vehicles with insufficient testing data, however, are not scored.