At its annual Quail Lodge auction on the Monterey Peninsula in California in August, Bonhams will offer a 1962 Ferrari 250 GTO worth over $20 million at no reserve.

You read that right.

Said to be the world’s longest single-ownership Ferrari 250 GTO Berlinetta—in one family’s care for 49 years—it was originally delivered to leading French racing driver Jo Schlesser and later entered the Maranello Rosso collection.

One of the last 250 GTOs to compete regularly into the 2000s, it’s bound to be a record-smasher.

So get smashing…