The Ferrari 250 GTO is a classic Italian sports car that was produced from 1962 to 1964. It is considered to be one of the most iconic and sought-after cars of all time. The 250 GTO was designed to compete in the FIA's Group 3 Grand Touring Car category
From Wikipedia
The Ferrari 250 GTO is a grand tourer produced by Ferrari from 1962 to 1964 for homologation into the FIA's Group 3 Grand Touring Car category. It was powered by Ferrari's Tipo 168/62 Colombo V12 engine. The "250" denotes the displacement in cubic centimeters of each of its cylinders; "GTO" stands for Gran Turismo Omologato, Italian for "Grand Touring Homologated".