Ferrari lovers take note: Ferrari 288 GTO to be auctioned in Monterey

11 August, 2016

 

One of the best Ferrari sports cars ever produced — the Ferrari GTO — was a 2.8-litre twin-turbo V8 400hp gem, based on a steel tube-frame chassis dripping in carbon-fibre panels. Desirable yes, and now for sale. Mecum Auctions in Monterey have an 11,000km example for sale during their August 18–20 auction period, with optioned air conditioning, stereo, and power windows! Sound like the car for you? Of course it does, who wouldn’t want one — however, you’ll need up to US$3 million.

It seems pricey, but if you’ve got the money it would be a fantastic investment. Just five years ago, a similar example sold for US$650K. This example features certification from Ferrari’s in-house certifier and restorer, known as the Ferrari Classiche, to prove its authenticity. 

Now, all I have to do is check in between my couch cushions for the required moolah to purchase this ’80s bad boy! 

Images: Mecum Auctions

Lunch with… Jim Palmer

In the 1960s, Hamilton’s Jim Palmer won the prestigious ‘Gold Star’ four times and was the first resident New Zealander home in the New Zealand Grand Prix on five consecutive occasions. He shared the podium with Stirling Moss, Jack Brabham, Bruce McLaren, Graham Hill, Jim Clark, Denny Hulme, Jackie Stewart, and Chris Amon. The extent of his domination of the open-wheeler scene in New Zealand will probably never be matched or exceeded. Yet he’s always been modest about his achievements.

NZ Classic Car magazine, May/June 2025 issue 399, on sale now

Who would have thought it would become such a worldwide motorsport star when Ford introduced the humble Escort in 1967?
Its popularity, particularly in Mark 1 form, is now of iconic status. Our cover story for this issue is on a 1968 Ford Escort Mark 1, Alan Mann Racing Tribute. We talked with the owner of this very special Escort, finished in tribute also to the owner’s father.
“Most children love speed, and motorsport typically comes courtesy of a parent, and Elliott is no different. His engineer father, Mark, had a love for motorcycles and going fast; however, when children came along, he swapped two wheels for four, in the form of two Ford Escorts.
Little did Mark know it at the time, but the humble Escort was about to weave its way into the family fabric once and for all.
After emigrating from London to New Zealand, Elliott recalled one evening when he was 14 being invited to tag along by his father, helping a friend convert an Escort road car into a racing car. This was the pivotal moment when Elliott remembers the motorsport bug taking over. He knew he had to have his own one.”