Rare Ferrari 250 GTO sells through private treaty for around $16m-$20m

RM have just announced that the rare and coveted 1963 Ferrari 250 GTO (chassis no. 4675 GT) has been sold through private treaty.

The 1963 Ferrari 250 GTO (chassis no. 4675 GT) is one of only thirty-six 250 GTOs originally produced and one of a limited few with Series II GTO bodywork. In April 1963, 4675 GT left the factory finished in Rosso Cina. It was raced by such drivers as Guido Fossati, Jean Guichet, Oddone Sigala, Vincenzo Nember and Luigi Taramazzo and proved itself a tremendously capable racing car, rarely finishing outside the top three in its class and achieving numerous race wins.

In addition to being considered one of the most beautiful cars ever built by Ferrari, the GTO, with 302bhp @ 7500rpm and a top speed of 174-mph, was tremendously successful in competition, securing multiple World Championships for the Modenese car builder.