FERRARI
See also : Cars Early Ferrari LWB to GTO California Spider Ferrari after 1962 Post war cars Cars 1954-55 Cars 1956-57 Cars 1958-59 Cars of the 1960s Cars 1960-61 Cars 1962-64 Cars 1965-67 Italy
Chronology : 1956 1957 1959 1962 1967
Chronology : 1956 1957 1959 1962 1967
1955 For Winning the Pan-Am
2014 SOLD for $ 23M including premium
In 1950, the Mexican government created the Carrera Panamericana. The difficulty of this endurance race over 3300 Km of roads stirs the lust of the best car brands.
In 1954, the Pan-Am was won by Umberto Maglioli for Scuderia Ferrari with a Ferrari 375 Plus. 375 Plus was the technological sensation of the year, designed for power and endurance with its huge engine of 4.9 liters.
In 1955, Ferrari wants to do even better. The model 410 Sport or 410 S CM is based on a volume of engine similar to the 375 Plus but the mechanical equipment around is highly changed. CM meaning Carrera Messicana clearly indicates that Ferrari relied on the Pan-Am for demonstrating their superiority.
It is required that the car is stable. A new chassis lowers the center of gravity and the wheelbase is slightly reduced to a new standard that will be used two years later for the 250 Testarossa.
The car must be independent over long distances. To avoid refueling, the 410 S is equipped with a vast reservoir of 195 liters and large pipes.
Four cars are built, the first two for private clients and the other two for the Scuderia.
The first is a spyder. It waits in vain for the Mexican race which is canceled after the accident at Le Mans for the great frustration of Enzo Ferrari. It has been little raced and has an incident free history.
It is offered in Monterey by Rick Cole in an auction that ends on August 17 without a floor session. It is illustrated on the article shared by Sports Car Digest.
The second car is the only of the four to have been coachworked as a berlinetta. It was sold for $ 8.25 million including premium by RM Auctions on August 17, 2012. The last two are spyders. One of them was sold for $ 3.8 million including premium by RM Auctions in August 2001, an outstanding price for that time.
POST SALE COMMENT
Reported as unsold with a maximum bid of $ 22.111M.
Sports Car Digest later caught the information that it was sold in post block sale for a final price of $ 23M.
In 1954, the Pan-Am was won by Umberto Maglioli for Scuderia Ferrari with a Ferrari 375 Plus. 375 Plus was the technological sensation of the year, designed for power and endurance with its huge engine of 4.9 liters.
In 1955, Ferrari wants to do even better. The model 410 Sport or 410 S CM is based on a volume of engine similar to the 375 Plus but the mechanical equipment around is highly changed. CM meaning Carrera Messicana clearly indicates that Ferrari relied on the Pan-Am for demonstrating their superiority.
It is required that the car is stable. A new chassis lowers the center of gravity and the wheelbase is slightly reduced to a new standard that will be used two years later for the 250 Testarossa.
The car must be independent over long distances. To avoid refueling, the 410 S is equipped with a vast reservoir of 195 liters and large pipes.
Four cars are built, the first two for private clients and the other two for the Scuderia.
The first is a spyder. It waits in vain for the Mexican race which is canceled after the accident at Le Mans for the great frustration of Enzo Ferrari. It has been little raced and has an incident free history.
It is offered in Monterey by Rick Cole in an auction that ends on August 17 without a floor session. It is illustrated on the article shared by Sports Car Digest.
The second car is the only of the four to have been coachworked as a berlinetta. It was sold for $ 8.25 million including premium by RM Auctions on August 17, 2012. The last two are spyders. One of them was sold for $ 3.8 million including premium by RM Auctions in August 2001, an outstanding price for that time.
POST SALE COMMENT
Reported as unsold with a maximum bid of $ 22.111M.
Sports Car Digest later caught the information that it was sold in post block sale for a final price of $ 23M.
1956 A Ferrari for the Use of Fangio
2015 SOLD for $ 28M including premium
Mercedes-Benz stopped its involvement in competition at the end of the 1955 season. Ferrari watched around the corner and managed to sign a contract with Juan Manuel Fangio. Aged 45 in 1956, the Argentine champion felt that his future was unassured due to the fall of Peron and could not any more consider to retire.
The World Sportscar Championship arouses a similar interest as Formula 1. Faced with the formidable challenge from the Maserati 300S, Ferrari prepares the 290 MM, certainly with some recommendations by its new driver. As usual for Ferrari at that time, the race for which the model is specifically prepared is indicated in the description: MM means Mille Miglia. Four cars are built.
The 1956 Mille Miglia are disturbed by heavy rain that causes no less than three fatalities. The competition is won by a 290 MM driven by Castellotti. Fangio is fourth with his car of the same model.
That 290 MM will not be reused later by Fangio but will have a significant history with other top drivers from the Scuderia Ferrari such as Portago, Phil Hill and Gendebien. Sold to a US private owner in the middle of the 1957 season, it is raced until 1964 without any crash.
This car has retained all its original features: chassis, engine, gearbox and its body by Scaglietti. It is for sale by RM Sotheby's in New York on December 10, lot 221.
Fangio failed to cooperate permanently with Enzo Ferrari and came back to Maserati just after his one-year contract. The Ferrari cars driven in competition by this champion are indeed extremely rare and the example for sale has an amazing authenticity. It is estimated $ 28M.
The World Sportscar Championship arouses a similar interest as Formula 1. Faced with the formidable challenge from the Maserati 300S, Ferrari prepares the 290 MM, certainly with some recommendations by its new driver. As usual for Ferrari at that time, the race for which the model is specifically prepared is indicated in the description: MM means Mille Miglia. Four cars are built.
The 1956 Mille Miglia are disturbed by heavy rain that causes no less than three fatalities. The competition is won by a 290 MM driven by Castellotti. Fangio is fourth with his car of the same model.
That 290 MM will not be reused later by Fangio but will have a significant history with other top drivers from the Scuderia Ferrari such as Portago, Phil Hill and Gendebien. Sold to a US private owner in the middle of the 1957 season, it is raced until 1964 without any crash.
This car has retained all its original features: chassis, engine, gearbox and its body by Scaglietti. It is for sale by RM Sotheby's in New York on December 10, lot 221.
Fangio failed to cooperate permanently with Enzo Ferrari and came back to Maserati just after his one-year contract. The Ferrari cars driven in competition by this champion are indeed extremely rare and the example for sale has an amazing authenticity. It is estimated $ 28M.
1956 From Monza to Mille Miglia
2018 SOLD for $ 22M including premium
In the mid-1950s, Ferrari tried various combinations of engines and volumes to have more chances to win competitions in all their diversity. In 1954 the four-cylinder in-line engine simultaneously equips the 500 Mondial (2 liters), the 750 Monza (3 liters) and the 860 Monza (3.5 liters).
In 1956 the withdrawal of Mercedes-Benz reinforces the lust of Ferrari. The 290 MM meaning Mille Miglia is originally developed for the exclusive use by the Scuderia, with a 3.5-liter 12-cylinder V-engine mounted on the chassis of the 860 Monza.
The 1956 edition of the Mille Miglia is a triumph for the Scuderia Ferrari whose four entered cars, two 860 Monza and two 290 MM, win the first four places.
One of the 290 MM had been driven by Fangio to the fourth place. Sold by the Scuderia after the end of the season, it has a prestigious racing record. After Fangio it had been piloted by Phil Hill, de Portago, von Trips and Peter Collins, among other big names. It was sold for $ 28M including premium by RM Sotheby's on December 10, 2015.
Ranked second in the above event, one of the two 860 Monza had been driven by Collins. For the 1957 season it remains at the Scuderia but is transformed by the factory into a 290 MM. It was sold to a privateer in August 1957 and then got its first win with Stirling Moss. During its time with the Scuderia it had been driven by the same amazing lineup as the example above.
This car then underwent further transformations, including the pontoon bodywork which ensured in 1957 the success of the 250 Testa Rossa. It was restored by Ferrari Classiche in its 290 MM configuration of early 1957 with the engine, gearbox and bodywork in matching numbers from that phase.
It is estimated $ 22M for sale by RM Sotheby's in Los Angeles on December 8, lot 241. Please watch the video shared by Sotheby's, showing its great road going condition. The image shared by Wikimedia with attribution Tino Rossini from Toronto, Canada [CC BY 2.0], via Wikimedia Commons is earlier than the last restoration.
The 290 MM model is prestigious but scarce : only four cars ever received this configuration. It was replaced in 1957 by the 315 S in 3.8 liters and the 335 S in 4 liters which are equally rare. A 315 S transformed into 335 S was sold for € 32M including premium by Artcurial on February 5, 2016.
In 1956 the withdrawal of Mercedes-Benz reinforces the lust of Ferrari. The 290 MM meaning Mille Miglia is originally developed for the exclusive use by the Scuderia, with a 3.5-liter 12-cylinder V-engine mounted on the chassis of the 860 Monza.
The 1956 edition of the Mille Miglia is a triumph for the Scuderia Ferrari whose four entered cars, two 860 Monza and two 290 MM, win the first four places.
One of the 290 MM had been driven by Fangio to the fourth place. Sold by the Scuderia after the end of the season, it has a prestigious racing record. After Fangio it had been piloted by Phil Hill, de Portago, von Trips and Peter Collins, among other big names. It was sold for $ 28M including premium by RM Sotheby's on December 10, 2015.
Ranked second in the above event, one of the two 860 Monza had been driven by Collins. For the 1957 season it remains at the Scuderia but is transformed by the factory into a 290 MM. It was sold to a privateer in August 1957 and then got its first win with Stirling Moss. During its time with the Scuderia it had been driven by the same amazing lineup as the example above.
This car then underwent further transformations, including the pontoon bodywork which ensured in 1957 the success of the 250 Testa Rossa. It was restored by Ferrari Classiche in its 290 MM configuration of early 1957 with the engine, gearbox and bodywork in matching numbers from that phase.
It is estimated $ 22M for sale by RM Sotheby's in Los Angeles on December 8, lot 241. Please watch the video shared by Sotheby's, showing its great road going condition. The image shared by Wikimedia with attribution Tino Rossini from Toronto, Canada [CC BY 2.0], via Wikimedia Commons is earlier than the last restoration.
The 290 MM model is prestigious but scarce : only four cars ever received this configuration. It was replaced in 1957 by the 315 S in 3.8 liters and the 335 S in 4 liters which are equally rare. A 315 S transformed into 335 S was sold for € 32M including premium by Artcurial on February 5, 2016.
1957 Prototipi for the Mille Miglia
2016 SOLD for € 32M including premium
The Prototipi class in endurance racing enables Ferrari to develop in the mid-1950s a range of powerful and spectacular vehicles made in very small quantities. The top goal is to win the Mille Miglia.
In 1956, Ferrari's efforts were rewarded by a return to victory with a 290 MM driven by Castellotti. Another 290 MM driven by Fangio went fourth. This latter car was sold for $ 28M including premium by RM Sotheby's on 10 December 2015.
In 1957 the 315 S with a 3.8-liter engine and the 335 S with a 4-liter engine appear as the successors to the 290 MM. A 315 S driven by Taruffi won the race ahead of another 315 S driven by Von Trips. Unfortunately the most prestigious Italian endurance competition is forbidden by the Italian government following the accident of the 335 S of De Portago.
Other competitions continue and the cars are subject to the improvements necessary to maintain their competitiveness. The Ferrari 315 S which had been used by Von Trips receives a 4-liter engine, becoming a 335 S. It is also equipped with the fender pontoon front intended to reduce the overheating, which makes the glory in the same year of the 250 Testarossa .
After a very good competition history, the 315 S / 335 S enters the collection of Pierre Bardinon who restores it in its spider configuration while separately keeping the pontoon fender that still accompanies the car today. It is estimated € 28M for sale by Artcurial in Paris on February 5, lot 170. Here is the link to the press release.
In 1956, Ferrari's efforts were rewarded by a return to victory with a 290 MM driven by Castellotti. Another 290 MM driven by Fangio went fourth. This latter car was sold for $ 28M including premium by RM Sotheby's on 10 December 2015.
In 1957 the 315 S with a 3.8-liter engine and the 335 S with a 4-liter engine appear as the successors to the 290 MM. A 315 S driven by Taruffi won the race ahead of another 315 S driven by Von Trips. Unfortunately the most prestigious Italian endurance competition is forbidden by the Italian government following the accident of the 335 S of De Portago.
Other competitions continue and the cars are subject to the improvements necessary to maintain their competitiveness. The Ferrari 315 S which had been used by Von Trips receives a 4-liter engine, becoming a 335 S. It is also equipped with the fender pontoon front intended to reduce the overheating, which makes the glory in the same year of the 250 Testarossa .
After a very good competition history, the 315 S / 335 S enters the collection of Pierre Bardinon who restores it in its spider configuration while separately keeping the pontoon fender that still accompanies the car today. It is estimated € 28M for sale by Artcurial in Paris on February 5, lot 170. Here is the link to the press release.
1959 Aluminum for Chinetti
2017 SOLD for $ 18M including premium
Designed on the 250 GT chassis as a cabriolet to please American customers, the California Spider (or Spyder) was not expected by Ferrari to compete in endurance racing against the berlinetta nicknamed TdF built on the same chassis.
It was however tempting to push the California into the competition. Luigi Chinetti is acting between Ferrari and American customers. Having been at the origin of the California project, he obtains from Ferrari the delivery of aluminum alloy bodied spiders.
In 1959 the 250 GT chassis is still in its long version which will later be identified as LWB. For the 24 hours of Le Mans in that year Chinetti and his NART team enter three Ferraris : a 250 Testa Rossa, a 250 TdF and a California Spider.
Released from the factory under pressure from Chinetti five days before Le Mans with a simple flash of paint and a far from completeinterior layout, this 250 GT LWB California Spider is the second of its kind in the Competizione configuration. Driven by its first owner and a co-driver, this brand new car ends the event with a very good result : 5th overall and 3rd in class. It was afterward honorably participating in various American competitions in 1959 and 1960.
This high-end car with a competition history is still more desirable since it was restored in 2011 by Motion Products Inc., the company of Wayne Obry. It is for sale by RM Sotheby's in New York on December 6, lot 141 estimated $ 14M.
One of the seven (or eight) other LWB aluminum bodied Spiders was sold for $ 18M including premium by Gooding on August 20, 2016. Ferrari and NART did not push this solution much further : only three SWB Spiders will be built for competition.
It was however tempting to push the California into the competition. Luigi Chinetti is acting between Ferrari and American customers. Having been at the origin of the California project, he obtains from Ferrari the delivery of aluminum alloy bodied spiders.
In 1959 the 250 GT chassis is still in its long version which will later be identified as LWB. For the 24 hours of Le Mans in that year Chinetti and his NART team enter three Ferraris : a 250 Testa Rossa, a 250 TdF and a California Spider.
Released from the factory under pressure from Chinetti five days before Le Mans with a simple flash of paint and a far from completeinterior layout, this 250 GT LWB California Spider is the second of its kind in the Competizione configuration. Driven by its first owner and a co-driver, this brand new car ends the event with a very good result : 5th overall and 3rd in class. It was afterward honorably participating in various American competitions in 1959 and 1960.
This high-end car with a competition history is still more desirable since it was restored in 2011 by Motion Products Inc., the company of Wayne Obry. It is for sale by RM Sotheby's in New York on December 6, lot 141 estimated $ 14M.
One of the seven (or eight) other LWB aluminum bodied Spiders was sold for $ 18M including premium by Gooding on August 20, 2016. Ferrari and NART did not push this solution much further : only three SWB Spiders will be built for competition.
1961 The Delon-Baillon California Spider
2015 SOLD for € 16.3M including premium by Artcurial
narrated in 2020
The Ferrari 250 GT California Spider with chassis 2935GT was exhibited in October 1961 at the Paris Motor Show. It is very elegant with the new short wheel base SWB chassis, now systematic for this model, and the rare option of covered headlights. The actor Gérard Blain bought it one week after the Salon closed.
Its second owner is Alain Delon, who uses it in Monaco and Los Angeles and is pictured with it with lovely passengers : Jane Fonda, Shirley MacLaine, his wife Nathalie. Delon sold it in 1965 with 37,000 km on the clock.
After several intermediaries, the car is acquired in 1971 by Roger Baillon and his son Jacques, contractors in truck bodywork and transport. In 1950, more than ten years before the Schlumpf brothers, Roger had started to recover and restore automotive masterpieces, with a view to create a museum.
Baillon puts the Ferrari in the barn. He probably does not use it, although he paid for its tax disc until 1975. The Baillon collection is secret, in large part because of the bankruptcy of the company. Some elements of the collection were seized and sold at auction near Niort in 1979 and 1985. The others remained hidden.
Jacques Baillon died in 2013. The heirs opened the hangar for an expertise by Artcurial on September 30, 2014, thus creating the most sensational "barn find" of modern times.
The storage had not been homogeneous. Two cars had been preserved from mist during these four decades, the Ferrari and a Maserati A6G 2000 Gran Sport berlinetta. Under its layer of dust, the Ferrari is in matching numbers, with intact bodywork except for the hood distorted under stacks of magazines, and with its original upholstery and documentation.
Artcurial is managing the auction in Paris on February 6, 2015, making a hype with the former belonging of the Ferrari to Delon. Connoisseurs are not mistaken : this car is an extremely rare untouched California Spider. Estimated € 9.5M, it is sold for € 16.3M including premium, lot 59. The Maserati fetched € 1.96M including premium. In a near collapse condition, an exceptional Talbot Lago T26 Grand Sport by Saoutchik was sold for € 1.7M including premium.
Its second owner is Alain Delon, who uses it in Monaco and Los Angeles and is pictured with it with lovely passengers : Jane Fonda, Shirley MacLaine, his wife Nathalie. Delon sold it in 1965 with 37,000 km on the clock.
After several intermediaries, the car is acquired in 1971 by Roger Baillon and his son Jacques, contractors in truck bodywork and transport. In 1950, more than ten years before the Schlumpf brothers, Roger had started to recover and restore automotive masterpieces, with a view to create a museum.
Baillon puts the Ferrari in the barn. He probably does not use it, although he paid for its tax disc until 1975. The Baillon collection is secret, in large part because of the bankruptcy of the company. Some elements of the collection were seized and sold at auction near Niort in 1979 and 1985. The others remained hidden.
Jacques Baillon died in 2013. The heirs opened the hangar for an expertise by Artcurial on September 30, 2014, thus creating the most sensational "barn find" of modern times.
The storage had not been homogeneous. Two cars had been preserved from mist during these four decades, the Ferrari and a Maserati A6G 2000 Gran Sport berlinetta. Under its layer of dust, the Ferrari is in matching numbers, with intact bodywork except for the hood distorted under stacks of magazines, and with its original upholstery and documentation.
Artcurial is managing the auction in Paris on February 6, 2015, making a hype with the former belonging of the Ferrari to Delon. Connoisseurs are not mistaken : this car is an extremely rare untouched California Spider. Estimated € 9.5M, it is sold for € 16.3M including premium, lot 59. The Maserati fetched € 1.96M including premium. In a near collapse condition, an exceptional Talbot Lago T26 Grand Sport by Saoutchik was sold for € 1.7M including premium.
1962 The Two Series of the 250 GTO
2018 SOLD for $ 48M including premium
It is not enough to be the prettiest berlinetta of its time to win Grand Touring competitions, especially when Jaguar, Aston Martin and Shelby apply ambitious development programs. The Ferrari250 GT SWB is no longer competitive with its oblique front that lifts at 250 km/h.
A team around Giotto Bizzarrini designs a low body with a tapered front hood. To facilitate the homologation, the new chassis has the same size as the SWB. The studies are validated in wind tunnel. The lowered engine remains a 3-liter Colombo V12 while incorporating several improvements from the 250 TR.
Thus was born the 250 GTO at the beginning of 1962. 33 cars are built according to this model. They immediately dominate endurance and hill competitions. However Bizzarrini had left the company after a disagreement with Enzo Ferrari.
The technological challenge goes on. The approval of the 250 LM will be refused. While waiting for better days, Ferrari requires Mauro Forghieri and his team to modify the 250 GTO according to the aerodynamic improvement of the LM. Three 250 GTO Series II are built in 1964.
Four Series I cars are upgraded in 1964 to the Series II specifications. One of them is estimated $ 45M for sale by RM Sotheby's in Monterey on August 25, lot 247. Please watch the video shared by the auction house.
This car was in 1962 the third GTO produced. Tested in May by Phil Hill at the Targa Florio, it is sold by Ferrari a few days later to a friend of Enzo Ferrari, Edoardo Lualdi-Gabardi, who gets excellent results in hill climbing with this car. In April 1964 Corrado Ferlaino leads it to First In Class in the Targa Florio, thus brilliantly validating the transitory concept of the Series II.
The price of a Ferrari 250 GTO depends on its results in period and on its crash history. The car for sale was not damaged. For reasons of preservation, the original engine was removed a few years ago. It is sold with the car.
In May 2018 a price of $ 70M in a private transaction was reported for a 250 GTO with a better race history including the victory at the 1964 Tour de France.
A team around Giotto Bizzarrini designs a low body with a tapered front hood. To facilitate the homologation, the new chassis has the same size as the SWB. The studies are validated in wind tunnel. The lowered engine remains a 3-liter Colombo V12 while incorporating several improvements from the 250 TR.
Thus was born the 250 GTO at the beginning of 1962. 33 cars are built according to this model. They immediately dominate endurance and hill competitions. However Bizzarrini had left the company after a disagreement with Enzo Ferrari.
The technological challenge goes on. The approval of the 250 LM will be refused. While waiting for better days, Ferrari requires Mauro Forghieri and his team to modify the 250 GTO according to the aerodynamic improvement of the LM. Three 250 GTO Series II are built in 1964.
Four Series I cars are upgraded in 1964 to the Series II specifications. One of them is estimated $ 45M for sale by RM Sotheby's in Monterey on August 25, lot 247. Please watch the video shared by the auction house.
This car was in 1962 the third GTO produced. Tested in May by Phil Hill at the Targa Florio, it is sold by Ferrari a few days later to a friend of Enzo Ferrari, Edoardo Lualdi-Gabardi, who gets excellent results in hill climbing with this car. In April 1964 Corrado Ferlaino leads it to First In Class in the Targa Florio, thus brilliantly validating the transitory concept of the Series II.
The price of a Ferrari 250 GTO depends on its results in period and on its crash history. The car for sale was not damaged. For reasons of preservation, the original engine was removed a few years ago. It is sold with the car.
In May 2018 a price of $ 70M in a private transaction was reported for a 250 GTO with a better race history including the victory at the 1964 Tour de France.
1962 Opening the Club of the 250 GTO Owners
2014 SOLD 38 M$ including premium
The Ferrari 250 GTO (Gran Turismo Omologato) is the skilled union of the 250GT SWB chassis and of the 250TR engine, designed to win endurance and hill climbing competitions. It was coachworked as a berlinetta by Scaglietti. Its perfect geometry has also been improved after wind tunnel tests.
39 cars were manufactured between 1962 and 1964, which is a high figure for a commercial upscale Ferrari. Some have been modified. 28 units remain with the 3-litre engine from its original design.
Extremely competitive without being exceptionally rare, the 250 GTO is the preferred model of the auto enthusiasts from the high society, functioning as an informal club with media covered exclusive meetings. Cars are transmitted like a talisman by each owner to his handpicked successor.
For this reason, the history of the 250 GTO at auction is null. Sports Car Digest retrieved two events: a car unpaid after it was sold by Sotheby's in Monaco in 1990 and another one unsold by Brooks at Gstaad in 2000.
The sale by Bonhams at Quail Lodge on August 14 of a 250 GTO is a great event in the history of automobile auctions. Coming from a deceased estate, it had not changed hands for nearly half a century and is offered without reserve, lot 3.
This car has accumulated an interesting competition record after a bad start. Made in 1962, it was much damaged at Montlhéry on 7 October of the same year, killing one of its co-owners the ski champion Henri Oreiller. Repaired in 1963 at a time when the production chain of the 250 GTO was in full operation, it is an authentic unit.
POST SALE COMMENT
Such an event was expected for many years: a Ferrari 250 GTO sold at auction! The result, $ 38 million including premium, enters the price range expected by Bonhams.
39 cars were manufactured between 1962 and 1964, which is a high figure for a commercial upscale Ferrari. Some have been modified. 28 units remain with the 3-litre engine from its original design.
Extremely competitive without being exceptionally rare, the 250 GTO is the preferred model of the auto enthusiasts from the high society, functioning as an informal club with media covered exclusive meetings. Cars are transmitted like a talisman by each owner to his handpicked successor.
For this reason, the history of the 250 GTO at auction is null. Sports Car Digest retrieved two events: a car unpaid after it was sold by Sotheby's in Monaco in 1990 and another one unsold by Brooks at Gstaad in 2000.
The sale by Bonhams at Quail Lodge on August 14 of a 250 GTO is a great event in the history of automobile auctions. Coming from a deceased estate, it had not changed hands for nearly half a century and is offered without reserve, lot 3.
This car has accumulated an interesting competition record after a bad start. Made in 1962, it was much damaged at Montlhéry on 7 October of the same year, killing one of its co-owners the ski champion Henri Oreiller. Repaired in 1963 at a time when the production chain of the 250 GTO was in full operation, it is an authentic unit.
POST SALE COMMENT
Such an event was expected for many years: a Ferrari 250 GTO sold at auction! The result, $ 38 million including premium, enters the price range expected by Bonhams.
1964 The Race against the Regulations
2014 SOLD 26.4 M$ including premium
For automobiles, it often happens that history is not repeated. The extraordinary domination of the Ferrari 250 in all categories from 1955 was reinforced by an excellent adaptation to competition regulations.
The 250 GTO, produced mostly in 1962 and 1963, is registered in the Grand Touring class. In retrospect, it is clear that the O letter in GTO, which means Omologato, reveals the problems met by Ferrari to maintain their competitiveness while respecting all the rules.
The new models, the 250 LM in prototype class in 1963 and the 275 GTB in GT class in 1964, are technically formidable cars that can not maintain the wide success of the GTO. The competition is fierce. Remind that the failed negotiations between Ford and Ferrari happened in 1963 and the release of the GT40 in 1964.
The ambition in competition of the 275 equipped with a new 3.3-liter engine is embodied in three grand touring competition prototypes identified as 275 GTB/C Speciale with a bodywork by Scaglietti.
The super-light aluminum body, different from the road specification in the catalog, does not please the officials of the Gran Turismo. Yet one of the three cars managed to reach the third place in the 24 Hours of Le Mans in 1965 behind two Ferrari 250 LM.
The 275 GTB/C Speciale is extremely rare on the market. The first of the three is for sale by RM Auctions at Monterey on August 16, lot 239.
This is undoubtedly one of the most important cars in the history of automobile auctions. It paved the way for the limited series of the 275 GTB/C (without the word Speciale) of which a unit made in 1966 was sold for € 5.7 million including premium by RM Auctions on May 10, 2014.
I invite you to play the video shared on YouTube by RM Auctions.
POST SALE COMMENT
The special series of 275 GTB are confirmed as the most prestigious Ferrari cars after the 250 GTO. This 275 was sold for $ 24M before fees, 26.4M including premium.
It achieves a similar price as the 275 GTB / 4 NART that was sold for $ 27,5M including premium by RM Auctions on August 17, 2013.
The 250 GTO, produced mostly in 1962 and 1963, is registered in the Grand Touring class. In retrospect, it is clear that the O letter in GTO, which means Omologato, reveals the problems met by Ferrari to maintain their competitiveness while respecting all the rules.
The new models, the 250 LM in prototype class in 1963 and the 275 GTB in GT class in 1964, are technically formidable cars that can not maintain the wide success of the GTO. The competition is fierce. Remind that the failed negotiations between Ford and Ferrari happened in 1963 and the release of the GT40 in 1964.
The ambition in competition of the 275 equipped with a new 3.3-liter engine is embodied in three grand touring competition prototypes identified as 275 GTB/C Speciale with a bodywork by Scaglietti.
The super-light aluminum body, different from the road specification in the catalog, does not please the officials of the Gran Turismo. Yet one of the three cars managed to reach the third place in the 24 Hours of Le Mans in 1965 behind two Ferrari 250 LM.
The 275 GTB/C Speciale is extremely rare on the market. The first of the three is for sale by RM Auctions at Monterey on August 16, lot 239.
This is undoubtedly one of the most important cars in the history of automobile auctions. It paved the way for the limited series of the 275 GTB/C (without the word Speciale) of which a unit made in 1966 was sold for € 5.7 million including premium by RM Auctions on May 10, 2014.
I invite you to play the video shared on YouTube by RM Auctions.
POST SALE COMMENT
The special series of 275 GTB are confirmed as the most prestigious Ferrari cars after the 250 GTO. This 275 was sold for $ 24M before fees, 26.4M including premium.
It achieves a similar price as the 275 GTB / 4 NART that was sold for $ 27,5M including premium by RM Auctions on August 17, 2013.
1967 The North American Ferrari
2013 SOLD 27.5 M$ including premium
Ferrari has always endeavoured to flatter its American customers. The designations America, Superamerica and California attributed to high end variants are a convincing evidence of that fact.
Former winner of the 24 Hours of Le Mans, Luigi Chinetti was a skilled agent of Ferrari in the United States. In 1958, he created the North American Racing Team (NART) that got very good results, in Europe also.
For his network of passionate customers, Chinetti negotiated in 1967 with Ferrari a special order for a new sports model to be built by Scaglietti on the 275GTB chassis.
Ten Ferrari 275GTB / 4 NART Spider cars were produced, a quantity certainly lesser than Chinetti's demand. Times are tough for Ferrari, who had to put an end to the 250GTO and escaped very narrowly an acquisition by Ford.
This rare NART Spider appears as an outstanding post-GTO model fitted to arouse passions. This small convertible is very efficient and highly elegant, and would later be imitated. Some owners of 275GTB in more standard variants will even wish to rebuild their car as a NART Spider.
One of the ten original 275GTB / 4 NART Spider cars remained in the family of the original owner who adored it. It is sold for the benefit of charities by RM Auctions in Monterey on 16 and 17 August.
I invite you to play the video shared on YouTube by Petrolicious for RM Auctions.
POST SALE COMMENT
This Ferrari was sold for $ 25M before fees. It is in very good condition and was sold to benefit charities, but this price is especially recognizing one of the best models that followed the 250 GTO.
Former winner of the 24 Hours of Le Mans, Luigi Chinetti was a skilled agent of Ferrari in the United States. In 1958, he created the North American Racing Team (NART) that got very good results, in Europe also.
For his network of passionate customers, Chinetti negotiated in 1967 with Ferrari a special order for a new sports model to be built by Scaglietti on the 275GTB chassis.
Ten Ferrari 275GTB / 4 NART Spider cars were produced, a quantity certainly lesser than Chinetti's demand. Times are tough for Ferrari, who had to put an end to the 250GTO and escaped very narrowly an acquisition by Ford.
This rare NART Spider appears as an outstanding post-GTO model fitted to arouse passions. This small convertible is very efficient and highly elegant, and would later be imitated. Some owners of 275GTB in more standard variants will even wish to rebuild their car as a NART Spider.
One of the ten original 275GTB / 4 NART Spider cars remained in the family of the original owner who adored it. It is sold for the benefit of charities by RM Auctions in Monterey on 16 and 17 August.
I invite you to play the video shared on YouTube by Petrolicious for RM Auctions.
POST SALE COMMENT
This Ferrari was sold for $ 25M before fees. It is in very good condition and was sold to benefit charities, but this price is especially recognizing one of the best models that followed the 250 GTO.
