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Ferrari 250 GTO could break auction record at Monterey Car Week
Ferrari 250 GTO could break auction record at Monterey Car Week

The pale gray machine, its chassis stamped 3851GT, rolled off an assembly line in Maranello, Italy, on Sept. 11, 1962. Its first four owners abused it, thrashing through the skinny, pock-marked road courses of Europe. One of its first race drivers was killed in it. Another flipped it into a forest. After the reconstructions, its value dropped from about $12,000 to $4,000 in three years. Its engine has been overhauled at least twice, and another owner slapped on homemade parts, including a small rear wing and modified air scoops. The aftermarket alternator "looks rough," a pre-sale inspector noted recently. ------------ FOR THE RECORD: Ferrari auction: In the Aug. 14 Section...

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