Ferrari only produced 36 examples of the 250 GTO, and unfortunately, one caught flames during the Lavant Cup at the 2023 Goodwood Revival. This particular 250 GTO is reportedly valued at over $50 million, one of the most expensive Ferraris ever sold. Fortunately, its driver, former Formula 1 driver Karun Chandok, got out of the car safely.
The incident happened when an oil leak caused a flash fire and eventually spun the 250 GTO out of control. Chandok regained control of the vehicle and moved it far from harm’s way until the safety crew arrived. Unfortunately, the fire melted the Indian race car driver’s shoe – a great memento of this exciting yet potentially catastrophic incident.