First produced in the early 1960s, it was designed with racing in mind and quickly became a dominating force on the track. Today, the Ferrari 250 GTO is one of the world's most sought-after and valuable cars, with only a few dozen in existence.

These five classic Ferraris have not only stood the test of time in terms of performance but have also become icons of automotive design and nostalgia.

Ferrari is known for its racing pedigree and luxurious hypercars. But what 5 cars make up the brands biggest achievements?

Fewer than 40 were produced from 1962 through 1964. And of these limited examples, all are accounted for by collectors. If you've ever wondered how much a 1963 Ferrari 250 GTO might fetch in today's market, stay tuned. Gems this rare command a pretty penny.

There’s no shortage of expensive cars on sale today. Rolls-Royce sells an (admittedly very capable) SUV for close to $500,000. And Lamborghini sold so many Urus SUVs it had to artificially suppress production. But there’s expensive, and then there’s expensive. The most expensive cars in the world make the cost of that $300,000 Datsun 240Z …