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Keep saving those pennies, aspiring Ferrari collectors, because what is widely recognized as the most expensive car in the world is likely to become even more expensive and exclusive. The Ferrari 250 GTO, also known as the car that sold for a record $ 48.4 million at auction last year, shortly after another example traded hands privately for $ 80 million, is now officially recognized as a work of art.

According to a report by The telegraph, the decision would have been taken by an Italian court (because where else?) Ferrari then submitted a petition to have the design and intellectual property rights of the 250 GTO recognized as a work of art, and in turn , any reproduction of pirated piece.

Eventually, a Bologna commercial court officially called the car “a completely original work of art and should not be imitated or reproduced”.

Extract from the judgment: “The personalization of the lines of the car and its aesthetic elements made the 250 GTO unique, a true automotive icon”, and that “the production, marketing and promotion” of the GTO should only be carried out by the official crew. in Maranello.

“This is the first time in Italy that a car has been recognized as a work of art,” said a Ferrari representative. The telegraph. “It’s not just his good looks that makes him special, he also has a long racing history.”

The report points out that classic Ferraris are not the only cars to be “copied” by manufacturers of replicas and kits. Almost every classic car that deserves a third-party remake, from iconic Porsches to the Ford GT40, has been and will continue to be emulated.

What does all this mean? Well, with unofficial aftershocks off the scene, the prices of the real McCoys will likely skyrocket. So, you know, instead of going for $ 2 billion at the Barrett Jackson 2049 auction, it’ll go for $ 2.5 billion instead. #action

H / T: Jalopnik

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