Ferrari is a company that deals in the production of fast cars which fall under the category of super cars. It produced many cars during the time of its founder, Enzo Ferrari and some of these cars are almost legendary. Out of all the cars that can be considered great, there is perhaps no greater car than the 1962 Ferrari 250 GTO. This car is assumed to be one of the best creations that has come out of the production house of Ferrari. On the surface, it appears, performs, and feels as if it should be on the list of the best cars ever made.
It is, therefore, not surprising that the 250 GTO went for $48 million during a sale that was held in California, USA. It has now joined a league of such cars after being sold at this fabulous price of 250 GTO at an auction. This now ranks among the most costly cars in the world and it is so for a good cause.
When Ferrari first put the 250 GTO up for sale in the market, the cost of the vehicle was $18,000; however, at this particular auction, the price tagged to the car was much higher than the stated price. The other reason is that there are not so many of them and due to this they are rather expensive. each of which was produced in a rather limited series of only 39 units. Some of them, however, faced certain issues, while the others are still working at their optimal capacity even to this day.
Owing to the fact that car is a legend, Ferrari has always held the privilege of recreating this car; however there was a recent decision made in the European Intellectual Property Office which may lead to a possibility of such rights being stripped off.
A lawsuit was initiated in 2018 when a designer attempted to recreate the 250 GTO when Ferrari sued him saying that the 250 GTO is a ‘work of art’ and cannot be imitated. This the court has not allowed.
Therefore, the Ferrari 250 GTO returns with body kits, replicas, and other ideas, it has been said. It is not stopping the enthusiasts of Ferrari in any way.
