Recently, Bloomberg estimated that a 1962 Ferrari 250 GTO will sell for a vomit-inducing $45 million at auction. This is after another Ferrari 250 GTO sold in a private sale for an even more vomit-inducing $70 million. Pretend those owners will actually drive their cars. Pretend that a small collision happens. What then? Ya need parts, kid.
The 250 GTO came out over 50 years ago, so replacing anything on one is probably difficult and expensive. But! A collection of rare Italian car parts was recently unearthed. Included are many 250 GTO parts, according to Auto Classics. They are being offered at a no reserve sale at Coys Blenheim Palace auction, taking place today and tomorrow.
Included in the collection are:
- Chassis frame of a 1962 250 GTE (#4105GT)
- Period-correct Ferrari Tipo 128S V12
- A GTO-style highly authentic tubular steel frame
- Body work sections
- Braking components
- Dials and gauges
The parts were found just days ago in a container at an undisclosed location in southern England that belonged to a well-known Ferrari collector who died years ago, Auto Classics reports. And there was more:
The rest of the hoard, discovered in containers in early June, includes valuable spares and trim from the likes of Ferrari, Maserati and Abarth.
Custodians of any Ferrari 250 SWB, 250 GTO, 275, Daytona Competizione, F40 and 512LM now have the chance to get ahold of genuine spares. The same goes for those struggling to find appropriate trim for a Maserati 250F.
Incredibly, many of the parts remain in their original wooden packing cases, dating as far back as the early 1960s. Others are still in their original boxes, wrapped in oiled paper.
I can only imagine the excitement that came with unearthing such a treasure trove. Coys managing director Chris Routledge called the find an “Aladdin’s cave” and that he felt “a bit like Howard Carter uncovering Tutankhamen’s tomb in 1922.”