Ferrari 250 GTO is not just any regular classic car you see out there but has been recognized by an Italian court located in Bologna as an original work of art. This implies it mustn’t be copied, reproduced or imitated.
The promotion, commercialization and promotion according to the tribunal solely belongs to the Italian automaker.
Now it is very much illegal to manufacture a replica of Ferrari 250 GTO classic model
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Spokesperson for Ferrari said:
“It’s the first time in Italy that a car has been recognised as a work of art,”
“It’s not just its beauty that makes it special – it also has a long racing history.”
After a complaint was tendered by Ferrari about a firm in the northern city of Modena, with the intention of manufacturing replicas of 250 GTO, a landmark ruling came swiftly against such production.
A lot of people will run into debt trying to acquire one of these magnificent works of art by Ferrari
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The Ferrari 250 GTO emerged as one of the most successful racing cars produced by Ferrari, popular for its great handling, powerful V12 engine and aerodynamics.
“It’s not just its beauty that makes it special—it also has a long racing history,”
Every one of the thirty six super expensive sports car, produced from 1962 to 1964, are still active till now with their peculiar history.
In case you didn’t know; the most expensive ever car to be sold at any auction is the Ferrari 250 GTO. The 1962 model was sold by RM Sotheby for $43.4 million (₦17.4b) at an auction in Monterey, California.
Meet the man who sold his Ferrari 250 GTO for a record of $48.4 Million!
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David MacNeil, WeatherTech CEO and renowned Ferrari collector in the US, purchased the 1963 version of the 250 GTO for a whopping $70 million (₦25.2b), a record sale at a private auction last year in June.