If you thought £37.5m was steep for a 250 GTO, wait until you see what this world-leading example goes for... in an art sale
But when the gavel falls, what price for chassis 3765?
Employees at Sotheby’s in London back in the early 1990s may remember the then head of the international car department, Malcolm Barber, occasionally railing at the disconnect between the values of blue-chip artworks and the values of blue-chip cars: “Surely some of these cars are just as rare... and they are works of art,” he opined. “So why shouldn’t they be as valuable?”
Well, the soaring amounts paid for the ‘right’ cars during the past two or three decades have well and truly proved Barber’s point to be correct.
And that point could be rammed home when this 1962 Ferrari 250 GTO crosses the block at Sotheby’s, not in a regular car auction but as one of the star lots in the autumn season’s flagship Modern and Contemporary Art sale.
There isn’t a specialist car auctioneer on the planet who would not love to swing the gavel and knock a 250 GTO down for a predictably astronomical sum.
But if the sale of this one is anything to go by, the 250 GTO, which many believe to be the most desirable of all collector’s cars, has transcended the oily realms of motoring and landed firmly in the rarefied world of Picassos, Monets and Cézannes.
Chassis 3765 will be offered during the evening session of the Modern and Contemporary Art auction, a traditionally glittering event to which some of the world’s wealthiest collectors turn out in person.
It’s not unusual for that wealth to be displayed in the form of some extravagant public bidding, so we may even find out
