One of Ferrari’s Most Mythical Creations
The Ferrari 250 GTO is already a legend in its own right. It's widely regarded as one of the most important models in the Italian marque’s history, alongside icons such as the Enzo and F40. As such, it came as little surprise when Mecum Auctions sold one of the just 36 examples in Kissimmee for $38.5 million – the highest price achieved at the event.
This particular 250 GTO (chassis 3729GT) is even more special, as it is the only example finished in Bianco Speciale (white), standing apart from the sea of red cars. Its provenance is further elevated by the drivers who raced it, including legends such as Richie Ginther and Graham Hill, a two-time Formula One World Champion and the only driver to achieve the so-called Triple Crown of Motorsport – winning the Indianapolis 500, the 24 Hours of Le Mans, and the Monaco Grand Prix.
The Price That Sparked a Double Take
However, those who closely follow the 250 GTO market may find the recent sale price somewhat underwhelming – especially considering that another example reportedly sold for around $70 million in 2018. One could argue that the final figure was influenced by the fact that this car no longer retains its original engine.
The original powerplant suffered an internal failure that punched a hole in the sump during an on-track incident involving former F1 driver Karun Chandhok at the Goodwood Revival in 2023, resulting in a brief fire. According to the listing details, the car is now fitted with a Colombo V12 that has been built by Ferrari Classiche.
Nevertheless, the winning bidder, David Lee, was proud of acquiring the multimillion-dollar car. Lee is a well-known Ferrari collector who already owns several of the marque’s most revered halo cars, including the 288 GTO, F40, F50, Enzo, and LaFerrari—often collectively referred to as the “Big Five.” His collection also includes Ferrari’s latest flagship, the F80, which notably breaks from the brand’s traditional V12 lineage in favor of a twin-turbocharged V6 hybrid setup.
Completing a Ferrari Story
In an Instagram post, Lee wrote, “I am proud to be part of Ferrari’s history book as the newest custodian of this masterpiece.” He went on to describe the car as the “last infinity stone of Ferrari.”
Other big-ticket lots at the 2026 Mecum Kissimmee auction included a Ferrari Enzo, sold for $17.9 million, and a Ford GT40 MkII Factory Lightweight, which fetched for $12.3 million. The latter is derived from the Blue Oval's GT40 race program, developed to challenge Ferrari for overall honors in Le Mans, most notably during the 1960s.
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