The world's most desirable car is up for sale and expected to fetch more than $60 million

Picture: RM Sotheby’s

If you’ve managed to tear your eyes off the car above, you should know that you have excellent – and expensive – taste.

On August 25, when it goes under the hammer at Sotheby’s flagship Monterey event, it will be the most valuable car ever offered at auction.

And if you want to be just one of three people to have bought a 1962 Ferrari 250 GTO at a public sale this millennium, you’ll need to find somewhere in excess of $60 million.

Only 36 were made between 1962 and 1964, and if you wanted to spend $US18,000 on a brand new one at the time, Enzo Ferrari himself had to approve of you as the buyer.

All of them were this beautiful:

Picture: RM Sotheby’s
Picture: RM Sotheby’s

But elegance and scarcity aren’t the only standouts on the 250 GTO’s resume. It also has racing pedigree.

In fact, it’s one of Ferrari’s most successful racing cars, claiming overall victory or 1st in class in nearly 300 races worldwide.

Picture: RM Sotheby’s

This one on offer is just the third of those 36 built. Chassis No. 3413 GT was first test driven by Phil Hill in the 1962 Targa Florio road race before being passed on to Italian gentlemean racer Edoardo Lualdi-Gabardi.

Picture: RM Sotheby’s courtesy of The Klemantaski Collection

Gabardi won nine of 10 GTO races in the first year he owned it, then bought another one and sold chassis No. 341 to Gianni Bulgari, who went on to found his famous jewellery company.

If you’re worried, it hasn’t been bogged up. In 20 races, it was never crashed and never failed to finish.

Picture: RM Sotheby’s

It’s current owner is Numerix chairman and former Microsoft chief software architect Dr Greg Whitten.

Picture: RM Sotheby’s

It’s unlikely – but possible – that Dr Whitten’s car could even break the mark for the most expensive car ever sold. That mark was set just three weeks ago, also by a 1963 Ferrari 250 GTO which won the 1964 Tour de France.

It was sold privately to “an American businessman” for $95 million.

At the time, leading Ferrari historian Marcel Massini told Fox News he was “confident a GTO would be sold for $US100 million within five years”.

Picture: RM Sotheby’s

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