Vehicle Fraud Knows No Limits


This is not to be confused with the very authentic 1962 Ferrari 250 GTO Berlinetta sold by Bonhams for a world record price on August 14, 2014 during the Pebble Beach Concours Event.

Recently, multiple sources reported a 1962 Ferrari GTO was being offered on Germany's version of eBay for a staggering $63 million. It is now considered the world's most expensive fake.
Replica Ferrari 250 GTO                    Photo Courtesy of
Marcel Massini, a gentleman considered the world's leading Ferrari expert, has photos of each of the authentic 39 250 GTO's produced by Ferrari and knows exactly where each vehicle is located. Not only did this vehicle represent a non-existent 40th 250 GTO produced, but it was never among the legitimate 39 Ferrari 250 GTO's that Massini tracked.

That this vehicle was being offered for such an exorbitant amount was a huge red flag. In the past, Ferrari GTO's have reportedly sold for more than $50 million in private sales. But whomever was offering it for sale must have believed there was at least one collector who had a desire intense enough to support the purchase of a replica '62 Ferrari 250 GTO at any price. Being a fake must not have been a concern...

Following CNBC's report and request for comment, they subsequently reported the website removed the vehicle from their list of vehicles for sale. The removal was explained by the website as the offering "didn't comply with their terms of service". It then added "the ad's removal did not imply the Ferrari 250 GTO involved was a replica or a fake as they do not guarantee the accuracy or completeness of listing found on their site."

Had Massini not stated with 100% certainty the vehicle was not what it claimed to be, this would be a perfect example where a forensic investigation of a vehicle would be the definitive means to confirm it's true identity. Per Bryan Shook, a well-known classic car authentication expert, proving or disproving the car was exactly what the seller claimed it was would be the task. There are few simple or easy answers in many cases. By appreciating the value of the classic vehicles involved, having 100% assurance you are purchasing exactly what it was represented to be is the only responsible action.

We have no idea what has happened to the alleged '62 Ferrari 250 GTO offer for sale. Maybe the current owner realized they might have a better future marketing the vehicle for sale as a replica of what is now the world's most expensive car. Just accept the fact it will not be worth $63 million.