Sunday, August 7, 2011

Roselli Foreign Car Repair San Jose - Ferrari Classics At Monterey

Ferrari Classics At Monterey
Iconic 250 GTOs will be on the grass at the Pebble Beach concours, and quite a few significant and historic Ferraris will be up for auction.
Bob Golfen | Posted August 04, 2011 Monterey, CA
The Ferrari 250 GTO sports racer will have a special class at this year's Pebble Beach concours to celebrate its 50th anniversary, with at least 20 of them on display. (Photo: Wouter Melissen)
This will be a huge year for vintage Ferraris at Monterey collector-car week later this month, which culminates in the famed Pebble Beach Concours d’Elegance on Aug. 21.

Most significant will be a special Pebble Beach concours class to celebrate the 50th anniversary of the iconic Ferrari 250 GTO, considered by many as the greatest Ferrari ever. Just 39 versions of the sports racing car designed by Giotto Bizzarrini were built, including a prototype, and today they are the most desirable and valuable of all Ferraris, selling recently as high as $30 million.
The prototype Ferrari 250 Testa Rossa could set a world sales record at the Gooding and Company auction. (Photo: Gooding & Company)
All of these rare cars have been invited by the concours committee, and at least 20 of them will by parked on the 18th fairway at Pebble Beach for the Sunday concours.

Rare and spectacular Ferraris also will be featured at several of the high-end collector-car auctions happening in and around Monterey, Calif., in the days preceding the concours. Here’s the rundown on some of the top offerings:

• Ferrari collectors the world over are watching the sale of a very special Ferrari offered by Gooding & Company, the actual 1957 prototype of the stunning 250 Testa Rossa. This remarkable Ferrari, with its signature pontoon-fender body by coachbuilder Scaglietti, could set a new world record for a collector car sold at auction. The record is currently held by a 1936 Bugatti Atlantic sold by Gooding for more than $30 million last year.

Gooding, which holds its auction Aug. 17-20, has 18 other special Ferraris on its docket, including:

A bright-yellow 1959 Ferrari 250 GT long-wheelbase California Spyder is another Ferrari to watch at Gooding. (Photo: Gooding & Company)
A 1948 Ferrari 166 Spider Corsa, one of just two and with an impressive record in competition, which should also ring the bell with multi-million-dollar bidding expected. This early example of Enzo Ferrari artistry is in original preserved condition with a recent mechanical rebuild by a renowned Ferrari expert. Its value remains to be seen.

• A 1962 Ferrari 250 GT SWB Berlinetta at Gooding is expected to reach between $3.5 million and $4.5 million. This luscious coupe, designed by Pininfarina with coachwork by Scaglietti, underwent a $350,000 concours preparation by a Ferrari expert.

• A bright-yellow 1959 Ferrari 250 GT long-wheelbase California Spyder is also featured at Gooding, valued by the auction house between $3 million and $4 million.

Another hotbed for Ferraris can be found at RM Auctions, where 18 incredible Italian Stallions are being offered at the Aug. 18-20 sale. Among them:
The historic Ferrari 340 Mexico Berlinetta race car being offered by RM Auctions competed in the 1952 Carrera Panamerica in Mexico. (Photo: RM Auctions)
The historic Ferrari 340 Mexico Berlinetta race car wearing its gaudy livery from the grueling 1952 Carrera Panamerica is one of this year’s Monterey highlights. Designed by Giovanni Michelotti for Vignale and raced by the famed Alberto Ascari, this rare and important race car could go well into eight figures on the auction block.

• RM also has a stunning 1955 Ferrari 750 Monza Spyder by Scaglietti that not only has a strong racing history but also a movie career, appearing in the film On the Beach and driven on screen by Fred Astaire. Beautiful and evocative, the Spyder is expected to fetch between $2.5 million and $3.25 million.

• A rare 1960 alloy-body Ferrari 250 GT SWB Berlinetta Competizione with an estimated value between $3.8 million and $4.5 million from the Skip Barber collection.

Russo and Steele has seven sweet Ferraris ready for its “Sports and Muscle” auction Aug. 18-20.
RM is also auctioning off a rare alloy-body 1960 Ferrari 250 GT SWB Berlinetta Competizione from the Skip Barber collection. (Photo: RM Auctions)
 
• Chief among these is the 1966 Ferrari 275 GTS convertible, a grand-touring car with a body designed and built by Pininfarina. The gorgeous car is a low-mileage survivor with a repaint and refurbished interior that should earn multi-million-dollar bidding.

• Another excellent Ferrari, a 1972 Ferrari 365GTC/4, will be sold by Russo and Steele at no reserve.

Mecum Auctions has a trio of “barn-find” Italian sports cars, two Ferraris and a 1977 Maserati Bora, that are featured during the Aug. 18-19 auction. All three have very low mileage and were hidden away in a Dallas-area storage building for more than 40 years.

• The 1972 Ferrari 365 GTB/4 Daytona survivor has just 9,752 miles showing on its odometer while the 1974 Ferrari Dino 246 GTS was found with only 2,910 miles on the clock. Who knows what this rare pair might sell for?

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