Powered by Ferrari's Tipo 168/62 Colombo V12 engine, the Ferrari 250 GTO which is considered to be the greatest Ferrari of all times was launched in 1962 to participate in the Gr. 3 Grand Touring Car category.
The number 250 stood for the displacement of each cylinder in cubic centimetres, the letters GTO meant the Gran Turismo Omologato (Grand Touring Homologated, in Italian). As the model was developed for the sole purpose of racing, designer Giotto Bizzarrini preferred to keep the inside of the car to the bare minimum i.e. absence of carpet, comfortable plush seats, air-conditioning (the ventilation inside the cabin was through exterior air inlets). Only 36 cars were produced.
On 22nd June, 1964 at the Le Mans Circuit de la Sarthe, France, this car sponsored by Ferrari’s own SEFAC racing division, a Ferrari 250 GTO driven by Innes Ireland and Tony Maggs finished first after doing 349 laps maintaining an average speed of 196 km/hr.