FERRARI
See also : Cars Early Ferrari GT Cars 1951-59 Cars 1954-55 Cars 1956-57 Cars 1958-59 Cars of the 1960s Cars 1960-61 Cars 1962-63 Cars 1964-65 Cars 1966-67 California Spider Italy
Chronology : 1956 1957 1962 1967
Chronology : 1956 1957 1962 1967
1955 410 S CM
2014 SOLD for $ 23M by Rick Cole
The variety of the races on road and track forced the leading brands in the 1950s to develop new solutions to win in all circumstances. The diversity of models, sometimes built in only a few units, is a direct consequence.
In 1950 the Mexican government created one of the most dangerous events, the Carrera Panamericana, an endurance race over 3,300 Km on the rough roads of Mexico. In 1954 the Pan-Am is won by Umberto Maglioli for Scuderia Ferrari with a Ferrari 375 Plus. That model was the technological sensation of the year, designed for power and endurance with its big 4.9 liter engine.
In 1955, Ferrari wants to do even better. The 410 Sports or 410 S CM is based on an engine in the following of the 375 Plus but the mechanical equipment around is highly changed. S in 410 S means Sports.
410 is the volume per cylinder of the Lampredi engine for its nearly 5.0 liter overall. 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 410 S is equipped with a vast tank of 195 liters and large pipes to avoid refueling over long distances.
The production started in 1955 with a terminus ante quem before the January 29, 1956 1000 km Buenos Aires. They are titled 1955. The bodies designed and built by Sergio Scaglietti are wider than the 375 Plus.
Four cars are built, the first two for private clients and the other two for the Scuderia Ferrari. Buenos Aires was their only race for the Scuderia. The first, third and fourth cars are spiders. The second car is a berlinetta. The works cars are arguably the most powerful racing cars of the period with an uprating from 335 to 375 hp by twin plug cylinders for a top speed just over 300 km/h.
The final cancellation of the Panamericana for safety and cost reasons after the 1955 Le Mans disaster ruined Ferrari's expectation that the 410 S CM becomes the demonstrator of their unprecedented know how. The 1000 km Nürburgring was also cancelled. Some experts view that model as the best Ferrari ever made.
The first 410 S CM is a spyder made in 1955. 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 was offered by Rick Cole on August 17, 2014 without a floor session. It is illustrated on the article shared by Sports Car Digest. It was 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. This price is confirmed by barchetta.com.
Its image is shared by Wikimedia with attribution Sicnag, CC BY 2.0 <https://creativecommons.org/licenses/by/2.0>, via Wikimedia Commons.
Within the low population of four 410 S considered as the best Ferrari ever made and the still lower population of two with twin plug cylinders, the chassis 0598 CM has by far the best racing history, entering nearly 40 events in period and recording 11 victories.
The car was used by the works team in only one event, the 1956 1000 km Buenos Aires where it was driven by Fangio and Castellotti. It was then raced for the privateer John Edgar. Its most successful driver was Carroll Shelby with 8 wins. The car was sold in 1960 by Edgar to Chinetti.
Carroll Shelby inscribed in 2006 on its fuel tank : "Mr Ferrari told me that this car was the best Ferrari he ever built". He said in period "Nothing can touch this Ferrari if it runs" and much later "It was the best Ferrari I ever drove".
Remaining highly original with its engine, chassis and Scaglietti body in matching numbers, it was sold for $ 22M by RM Sotheby's on August 20, 2022, lot 355. Please watch the video shared by the auction house.
Its sister car in the Scuderia Ferrari is the 0596 spider which also entered and did not finish the 1956 1000 km Buenos Aires. It was sold for $ 3.8M by RM Auctions on August 18, 2001.
In 1950 the Mexican government created one of the most dangerous events, the Carrera Panamericana, an endurance race over 3,300 Km on the rough roads of Mexico. In 1954 the Pan-Am is won by Umberto Maglioli for Scuderia Ferrari with a Ferrari 375 Plus. That model was the technological sensation of the year, designed for power and endurance with its big 4.9 liter engine.
In 1955, Ferrari wants to do even better. The 410 Sports or 410 S CM is based on an engine in the following of the 375 Plus but the mechanical equipment around is highly changed. S in 410 S means Sports.
410 is the volume per cylinder of the Lampredi engine for its nearly 5.0 liter overall. 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 410 S is equipped with a vast tank of 195 liters and large pipes to avoid refueling over long distances.
The production started in 1955 with a terminus ante quem before the January 29, 1956 1000 km Buenos Aires. They are titled 1955. The bodies designed and built by Sergio Scaglietti are wider than the 375 Plus.
Four cars are built, the first two for private clients and the other two for the Scuderia Ferrari. Buenos Aires was their only race for the Scuderia. The first, third and fourth cars are spiders. The second car is a berlinetta. The works cars are arguably the most powerful racing cars of the period with an uprating from 335 to 375 hp by twin plug cylinders for a top speed just over 300 km/h.
The final cancellation of the Panamericana for safety and cost reasons after the 1955 Le Mans disaster ruined Ferrari's expectation that the 410 S CM becomes the demonstrator of their unprecedented know how. The 1000 km Nürburgring was also cancelled. Some experts view that model as the best Ferrari ever made.
The first 410 S CM is a spyder made in 1955. 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 was offered by Rick Cole on August 17, 2014 without a floor session. It is illustrated on the article shared by Sports Car Digest. It was 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. This price is confirmed by barchetta.com.
Its image is shared by Wikimedia with attribution Sicnag, CC BY 2.0 <https://creativecommons.org/licenses/by/2.0>, via Wikimedia Commons.
Within the low population of four 410 S considered as the best Ferrari ever made and the still lower population of two with twin plug cylinders, the chassis 0598 CM has by far the best racing history, entering nearly 40 events in period and recording 11 victories.
The car was used by the works team in only one event, the 1956 1000 km Buenos Aires where it was driven by Fangio and Castellotti. It was then raced for the privateer John Edgar. Its most successful driver was Carroll Shelby with 8 wins. The car was sold in 1960 by Edgar to Chinetti.
Carroll Shelby inscribed in 2006 on its fuel tank : "Mr Ferrari told me that this car was the best Ferrari he ever built". He said in period "Nothing can touch this Ferrari if it runs" and much later "It was the best Ferrari I ever drove".
Remaining highly original with its engine, chassis and Scaglietti body in matching numbers, it was sold for $ 22M by RM Sotheby's on August 20, 2022, lot 355. Please watch the video shared by the auction house.
Its sister car in the Scuderia Ferrari is the 0596 spider which also entered and did not finish the 1956 1000 km Buenos Aires. It was sold for $ 3.8M by RM Auctions on August 18, 2001.
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 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.
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.
1962 250 GTO
Intro
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 Ferrari 250 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 (Gran Turismo Omologato) at the beginning of 1962, coachworked as a berlinetta by Scaglietti. Its perfect geometry has also been improved after wind tunnel tests.. 33 cars are built in 1962 and 1963 according to this first model, which is a high figure for a commercial upscale Ferrari. They immediately dominate endurance and hill competitions. However Bizzarrini had left the company after a disagreement with Enzo Ferrari.
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. 28 units remain with the 3-litre engine from its original design.
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 (Gran Turismo Omologato) at the beginning of 1962, coachworked as a berlinetta by Scaglietti. Its perfect geometry has also been improved after wind tunnel tests.. 33 cars are built in 1962 and 1963 according to this first model, which is a high figure for a commercial upscale Ferrari. They immediately dominate endurance and hill competitions. However Bizzarrini had left the company after a disagreement with Enzo Ferrari.
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. 28 units remain with the 3-litre engine from its original design.
1
Series I
2014 SOLD for $ 38M by Bonhams
Coming from a deceased estate, a 250 GTO which had not changed hands for nearly half a century was sold by Bonhams on August 14, 2014 for $ 38M, lot 3.
This car has accumulated an interesting competition record after a bad start. Made in 1962, it was much damaged at Montlhéry on October 7 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.
This car has accumulated an interesting competition record after a bad start. Made in 1962, it was much damaged at Montlhéry on October 7 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.
2
upgraded in 1964 to Series II
2018 SOLD for $ 48M by RM Sotheby's
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 was sold for $ 48M by RM Sotheby's on August 25, 2018, lot 247. Please watch the video shared by the auction house.
This car had been 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.
Four Series I cars are upgraded in 1964 to the Series II specifications. One of them was sold for $ 48M by RM Sotheby's on August 25, 2018, lot 247. Please watch the video shared by the auction house.
This car had been 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.
3
330 LM
2023 SOLD for $ 52M by Sotheby's and RM Sotheby's
While Ferrari was developing the 250 GTO with a 3 liter engine, the FIA once again changed some rules for the 1962 season, introducing the new International Championship of Manufacturers exclusively applicable to GT production car racing classes. Larger displacement prototype race cars would be allowed to participate in some events, but not for points.
Ferrari was certainly not appealed as they built a single 4 liter example in 1962, to be used as a works car. Assembled with the 250 GTO chassis and body, this car is referred as the 330 LM or sometimes the 330 GTO.
It was raced twice in 1962 by the Scuderia Ferrari, finishing second overall and first in class at the 1000 km Nürburgring and not finishing at the 24 hours of Le Mans. It was sold in 1962 to a privateer who changed the engine to a 250 P in the next year. Finished in rosso cina, it was sold for $ 52M in a single lot auction by Sotheby's and RM Sotheby's on November 13, 2023. It had won the Best of Show of the 2012 Amelia Island Concours d'Elegance.
A similar GTO was made in 1963, in parallel to a series of four 330 LMB with a body similar to the 250 Lusso. It was rebuilt in 1965 after a heavy road accident.
Ferrari was certainly not appealed as they built a single 4 liter example in 1962, to be used as a works car. Assembled with the 250 GTO chassis and body, this car is referred as the 330 LM or sometimes the 330 GTO.
It was raced twice in 1962 by the Scuderia Ferrari, finishing second overall and first in class at the 1000 km Nürburgring and not finishing at the 24 hours of Le Mans. It was sold in 1962 to a privateer who changed the engine to a 250 P in the next year. Finished in rosso cina, it was sold for $ 52M in a single lot auction by Sotheby's and RM Sotheby's on November 13, 2023. It had won the Best of Show of the 2012 Amelia Island Concours d'Elegance.
A similar GTO was made in 1963, in parallel to a series of four 330 LMB with a body similar to the 250 Lusso. It was rebuilt in 1965 after a heavy road accident.
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 412P
2023 SOLD for $ 30M by Bonhams
The FIA introduced a Prototype class for the 1964 season, while the Grand Touring class got new rules requiring that the entering cars are based on a commercial production exceeding 100 units.
These changes disqualified the 250 GTO. Ferrari made a questionable decision by trying to cover both classes by the same development. The new 250 LM berlinetta was in due course rejected by the FIA as it was indeed not based on the 250 GT SWB. It was raced as a prototype in competition beside its sister model with an open cockpit, the 250 P.
The P series of mid engined rear wheel drive prototypes was operated by Ferrari with various models, all of them in very limited quantities. Many cars including the four 250 Ps were converted to upgraded models.
The 330 P3 with a 4 liter V-12 engine was raced in 1966. It was made in 3 units. In 1967 the 412 was its carbureted version. 330, referring to the individual volume of a cylinder, and 412, meaning 4 liter and 12 cylindres, are technically matching in the dual system of Ferrari nomenclatures.
The 412 P population is 4 including 2 upgraded 330 P3. The other 330 P3, unsuccessful in all its races in its original configuration, had been converted as the unique transitional P3/P4 after the 1966 Le Mans 24 and destroyed in 1968.
The 412 Ps were not retained for the works team. They were respectively supplied to NART and Filipinetti for the upgraded 330s, and to Ecurie Francorchamps and Maranello Concessionaires for the original 412s. The top speed of the model was 310 km/h.
The Maranello Concessionaires example is coached as a berlinetta by Fantuzzi. A painstaking 9 year restoration included the refurbishment of its original bodywork and livery to its earliest racing configuration. It is road legal and has been regularly used.
Despite an active racing history in period when it contributed to Ferrari's 1967 World's Constructors Championship short win against Porsche, it retains in matching numbers its 4 liter V-12 engine, the chassis and the gearbox. It was sold for $ 30M by Bonhams on August 18, 2023, lot 67.
A new change by the FIA in 1968 limited to 3 liters the capacity in the Prototype class. The Ferrari 4 liter P range was replaced by the 3 liter 312 P and Maranello Concessionaires terminated their racing team. 312 is equivalent to 250 in terms of Ferrari references.
These changes disqualified the 250 GTO. Ferrari made a questionable decision by trying to cover both classes by the same development. The new 250 LM berlinetta was in due course rejected by the FIA as it was indeed not based on the 250 GT SWB. It was raced as a prototype in competition beside its sister model with an open cockpit, the 250 P.
The P series of mid engined rear wheel drive prototypes was operated by Ferrari with various models, all of them in very limited quantities. Many cars including the four 250 Ps were converted to upgraded models.
The 330 P3 with a 4 liter V-12 engine was raced in 1966. It was made in 3 units. In 1967 the 412 was its carbureted version. 330, referring to the individual volume of a cylinder, and 412, meaning 4 liter and 12 cylindres, are technically matching in the dual system of Ferrari nomenclatures.
The 412 P population is 4 including 2 upgraded 330 P3. The other 330 P3, unsuccessful in all its races in its original configuration, had been converted as the unique transitional P3/P4 after the 1966 Le Mans 24 and destroyed in 1968.
The 412 Ps were not retained for the works team. They were respectively supplied to NART and Filipinetti for the upgraded 330s, and to Ecurie Francorchamps and Maranello Concessionaires for the original 412s. The top speed of the model was 310 km/h.
The Maranello Concessionaires example is coached as a berlinetta by Fantuzzi. A painstaking 9 year restoration included the refurbishment of its original bodywork and livery to its earliest racing configuration. It is road legal and has been regularly used.
Despite an active racing history in period when it contributed to Ferrari's 1967 World's Constructors Championship short win against Porsche, it retains in matching numbers its 4 liter V-12 engine, the chassis and the gearbox. It was sold for $ 30M by Bonhams on August 18, 2023, lot 67.
A new change by the FIA in 1968 limited to 3 liters the capacity in the Prototype class. The Ferrari 4 liter P range was replaced by the 3 liter 312 P and Maranello Concessionaires terminated their racing team. 312 is equivalent to 250 in terms of Ferrari references.
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.