Bonhams announces Ferrari 250 GTO for Pebble Beach

You could own it for £1… theoretically.

In 1965 a young Italian called Fabrizio Violati bought what was by then a well-used Ferrari 250 GTO in order to save the car ‘from scrap’. The car stayed in Mr Voilati’s possession until his passing in 2010, making it the longest-held 250 GTO in the world, and at Bonhams’ Quail Lodge auction at Pebble Beach in August there’s a very good chance that it will become the most expensive car ever to be sold at auction.

What’ll she go for? In the current market it’s so hard to tell, but the popular estimation is that it will clear £30,000,000. After that, it will be down to the hardest of hardcore collectors to see just how badly they want it.

As for your possible ownership of the car for a solitary quid, that is because it is being offered with no reserve. To achieve this, all you need to do is sabotage each and every person on the planet who could possibly bid more than a pound to ensure that they can neither be at Quail Lodge in person, or make an online bid, or in fact to make a bid of any kind. It’s a bit of an ask, really.

What’s more Goodwood Road & Racing will be there. And we’ll all have at least two pounds in our pockets.