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1962 Ferrari 250 GTO "Tribute" on eBay

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  #1  
Old 01-18-2008, 07:09 PM
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1962 Ferrari 250 GTO "Tribute" on eBay

1962 Ferrari 250 GTO "Tribute" on eBay...
I know this is a recreation, but still stunning... last time I saw one of these "recreations" it was trading at a fraction of this ask (closer to $350-400K vs this at $1MM)... but this one appears to have incredible detail. make sure to read the background in the description.

http://cgi.ebay.com/ebaymotors/ws/eB....cWAT.m240.lVI







1962 Ferrari 250 GTO Tribute in Silver with Black Interior and Blue Racing Seats. Carrying full FIA documentation, this handmade Aluminium 1962 Ferrari 250 GTO Tribute was fabricated using many rare factory components and assembled to exact Ferrari manufacturing standards. In the early 1990's Lord Paul Vestley of England, owner of S/N 4115 GTO commissioned Bob Smith in England to make an exact copy of 4115 (supposedly at a cost of around $1Million) so that Vestley could continue to vintage race without exposing 4115 to the possibility of an accident as the value had risen to a $6-8Million value at that time. (Current values run anywhere from $15-30Million). Smith took exact measurement and it is said he used a computer to generate the car before he made the mock up. Smith built 3 cars at the same time as S/N3873 all are perfect examples. He had DK Engineering also from England build a correct 250 (3 liter) Colombo Motor to GTO spec's. DK used correct sand cast Weber carbs (6-38 DCN) they also built the motor using a dry sump as the GTO had and a correct 5 speed aluminum case transmission. All gauges, seats, steering wheel are correct for a GTO. The chasis is a correct tubular built in light gauges the GTO was with an exact wheel base. The car was finished in 1993 and Paul read the car ar a number of events in Europe until it was discovered that it was a 3873 not 4115 and he was told not to come back with the car to the events. Paul sold the car to John Calley (Sony Pictures) who sent the car to Rudi K. restorations in Canada. At that time it was not accepted that a rebodied correct car would run in the Vintage races or Milli's. Since then FIA has agreed to accept cars that meet very stringent requirements. S/N3873 in fact was inspected in 2005 by Jeremy Hall (FIA) representative England. He after a day long inspection gave the car its FIA passport allowing it to run in all vintage races and Milli's anywhere in the world. Jeremy indicated that FIA would only accept approx 6 rebodied GTO'S the 3 that Smith did and 3 more that were done by Wayne Obrey in Wisconsin as they were the only one's that are in fact correct in every way to the original.
 

Last edited by BSM; 01-18-2008 at 07:15 PM.
  #2  
Old 01-19-2008, 01:12 AM
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What an amazing car. Overpriced I think, but amazing.
 
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Old 02-26-2008, 08:40 AM
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I recently saw a great Ferrari 250 GTO video on either carandgarage.com or ferrarilife.com. Can't remember which but it had something like 20 GTOs in it.
 
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Old 02-29-2008, 12:01 PM
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It looks liek an excellent "recreation" but would you really want to own a "recreation"? Especially for $1 mil ?
 
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Old 02-29-2008, 12:25 PM
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2.5mil bidding ended


love the car, the original is my favorite car of all time


E
 
  #6  
Old 02-29-2008, 05:12 PM
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Originally Posted by wt888
It looks liek an excellent "recreation" but would you really want to own a "recreation"? Especially for $1 mil ?
Fair point for a recreation, and my guess is most folks would agree with you, but I personally place this one in a different category. It is a rebody, yes - but on an original Ferrari 250 chassis, hand-rolled alum body, correct 250 engine, every bit and peice to factory specs... and evidently cost $1M to manufacture. The owner spared no expenses to have an exact duplicate of the original (whichs he owned) so he could use this one for vintage events... evidently it fooled lots of folks before it came to light that was not 100% original. This one is so good even the head of the FIA gave if a pass to compete in vintage races after a day-long inspection. Personally, this is my hands-down fav car of all time - and this one in silver is drop dead gorgeous... legit 250 GTO's are trading in the "teens" millions, so def a lot of money, and a big premium to some rebodied 250 GTO's (usually off 250 GTE bodies)... but for folks who really love this car and can't accord $10-18M entry point, its not a bad alternative, esp for vintage events.

For me its similar thinking to how I feel about some of well-done period correct alum bodied Shelby Cobra's of today - I think many of them are worth their 6-figure price tags.
 
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Old 02-29-2008, 05:14 PM
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So amazing but I agree 1mill for a replica?? But then I got to thinking if originals are fetching 15 to 30 as it states in the description, and it's probebly next to impossible to find one for sale, then this really isn't all that bad if it's your dream car.
 
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