Ferrari Classiche, the official restoration arm of the Maranello manufacturer, has confirmed that it currently has five of the 26 original 250 GTOs in its workshops – each worth in excess of £20m – showing just how successful the official Ferrari certifications and restorations have become.

Along with the 250 GTOs are two 250 Testa Rossas, including the 1957 car that Phil Hill drove to victory at the 1958 24 Hours of Le Mans, as well as three of just 32 250 LMs produced. Other significant cars include three short wheelbase 250 GT Berlinettas, a 1956 500 TR, and the 512 M that came 4th overall at the 1971 24 Hours of Le Mans.

To date the Classiche department has completed over 60 full, ground-up restorations - several of which have gone on to considerable success in international Concours d’Elegance - and processed over 3800 authentication certification applications.

In addition, thanks to the department’s exclusive access to the company’s original technical designs and moulds, Classiche has cast numerous new engine parts, including 25 new V12 cylinder blocks and a similar number of cylinder heads, to help restore cars to original specifications.