The Ferrari 250 GTO is a racing GT car which was produced by Ferrari from 1962 to 1964 for homologation into the FIA's Group 3 Grand Touring Car category. In May 2012 the 1962 250 GTO made for Stirling Moss became the world's most expensive car in the history, selling in a private transaction for $38,115,000 to US communications magnate Craig McCaw. In October 2013.