An Italian court ruled to recognize the Ferrari 250 GTO as a work of art, Telegraph reported.
The reason for the trial was a lawsuit filed by Ferrari in the Commercial Court of Bologna against the company Modena, intent on issuing replicas of the famous 250 GTO.
“It’s the first time in Italy that a car has been recognised as a work of art,” a Ferrari spokesperson told The Daily Telegraph. “It’s not just its beauty that makes it special – it also has a long racing history.”
The original model was released in a limited edition of 36 copies from 1962 to 1964.
In 2018, one of the 36 cars was auctioned off at a record $ 48.4 million, and another car was purchased privately for 80 million.