Sunday, June 30, 2019

1985 Ferrari 288 GTO at RM Sotheby's

By 1984, the words Gran Turismo Omologato already carried enormous weight in the Ferrari world. The 250 GTO was long considered the finest sports racer that Ferrari had ever produced. The GTO was nothing short of legend. For Ferrari to revive that legendary moniker, the new GTO would have huge expectations. Group B was incredibly popular following its introduction in the early ’80s, and Ferrari was eager to jump into the fray.
Group B was canceled, leaving Ferrari with a fully developed and homologated car on their hands but no series to compete in. The race-bred, 2.8-liter V-8 engine with twin IHI turbochargers pumped out a massive 400 hp with 366 foot-pounds of twist. The GTO could rocket to 189 mph, making it the fastest road car produced at the time. The car could reach 60 mph in 4.8 seconds and 100 mph in 10.2.
272 examples were built. Chassis 55237 was the 137th Ferrari 288 GTO made and was fitted from the factory with air-conditioning, power windows, red seat inserts, and the optional Ansa sport exhaust.
The 288 GTO is an absolute 'must-have' for any discerning Ferrari collector. As a core 'halo' car, high-quality examples are becoming more difficult to acquire and they command a significant premium over fair examples. Values cross the board trend only upward. Hagerty suggests a top tier example is trending around $2.4m.

This example appears at Monterey in August.