Never before has such a late-model Ferrari earned such totals - which are typically the preserve of the 250 series from pre-1964.
What makes this gorgeous Ferrari so much more valuable than the thousands of other classic Ferrari’s seeking new homes? How did the price of this single model nearly double the $14 million dollar average price - excluding this giant total - when any of these 10 cherished models have changed hands in the past?
Part of what makes this NART Spider so valuable is the car’s unique blend of the gorgeous late-1950s Ferrari styling and advanced mechancials. The GTB/4S upgrades dramatically increased the performance and handling of this V-12 supercar. Almost the entire Maranello racing technology suite was applied to the NART Spider - allowing it to be a posh cruiser that was also capable of serious speed on a racetrack.
The V-12’s quad overhead camshafts were a first on a road car, while the rear-mounted transaxle, limited-slip diff and independent rear suspension were all huge advancements that were offered first in the NART Spider.
Ferrari never looked back from all the new technology introduced on the NART Spider. At the same time, the NART is especially sentimental because Ferrari would not make make such an emotionally-styled road car again for decades. The 365 GTB/4 Daytona was 1967’s new hot style and Ferrari followed the money trail by ending 275 production.
Little did they know, the layers of exclusivity and special editions that helped create this this NART Spider would make it the most valuable road car ever sold. Ever.
Click past the jump for the full review of this timeless classic Ferrari, with details on the technology and style of this model during its 10-unit production run in 1967.
To go along with the 2013 Pebble Beach Concours d’Elegance were a few auctions that typically have 10 to 12 million-dollar cars on hand each and every year. This year was no exception, as RM Auction’s Monterey auction had a total of 15 million dollar hammer values, but that’s not the most imressive number of the weekend.
The most impressive of the million-dollar club this year was the price tag that the 1967 Ferrari 275 GTB/4 *S N.A.R.T Spider. This 1-of-10 model went for an astounding $27.5 million once the hammer fell on it, making it the second-most valuable car ever sold at auction and the most valuable Ferrari ever sold at auction by a long shot.
Reports point toward the car heading to the waiting arms of Canadian fashion businessman Lawrence Stroll, but those reports are not confirmed. Either way, whoever landed this Ferrari certainly has one of the most rarest cars on the planet and a much lighter wallet. Plus he gets to tinker around in a classic supercar with an incredible-for-the-era 3,286 cc quad-overhead-cam V-12 powerplant that blasts out 300 horsepower.
Alongside this outrageous auction price, there was also a 1928 Mercedes-Benz 680S Torpedo Roadster that went for $8.25 million; a 1954 Ferrari 500 Mondial Spider Series I that went for $3.52 million; and a 1974 McLaren M16C Indianapolis that went for the same $3.52 million.
Click past the jump to see the full million-dollar sales from this past Saturday.
Back in 1968 when he was on the Bullitt movie set, legendary American star, Steve McQueen took delivery of a very cool 275 GTB4 . Now Ferrari has taken the car back to the factory for a complete restoration. Next to belonging to McQueen, this car has a pretty interesting evolution: the previous owner converted it to a Spider and the new owner wants it converted back to coupe form.
So the new owner took 275 GTB4 to the experts at Ferrari Classiche for the company’s authenticity certification process. The only problem they had was that the transformation from Spider to Coupe could not happen until the vehicle was restored to the exact same specifications as when it left the factory. Now, Ferrari has to restore the car’s roof and add new hand-beaten steel panels.
Considering that only 36 examples were built of the Ferrari 275 GTB4 and that, in recent auctions, most of the 275 GTB4 models went for a large sum of money, we’re thinking it’s in Ferrari’s best interest to have this model fully restored.
We will keep you posted with the development process, so stay tuned!
The history of the Ferrari 275 began in 1964 when the model was initially brought onto the market. It came as a replacement for the legendary Dayton and only stayed in production for four years until 1968. Initially, the model was offered only in a two-cam version, but at the 1966 Paris Motor Show, Ferrari also unveiled the 275 GTB/4 - or the four-cam version.
The new 275 GTB/4 was designed by Pininfarina, built by Scaglietti, and was the first Ferrari not be offered with wire wheels. It immediately became a legend on the market, and even now, many people still claim it is one of the greatest Ferrari’s ever built. With that stellar history, it’s no surprise that one of the only 330 units built was sold at RM Auctions, Inc (Amelia) for an impressive $1.1 million.
Hit the jump to read more about the 1967 Ferrari 275 GTB/4 Berlinetta.
China is becoming a key market for a lot of automotive companies, including Ferrari and, as a thank you gift, the company has opened a new Myth exhibition at the Italian Center in Shanghai Expo Park. The inauguration ceremony was attended by the company’s Deputy Chairman Piero Ferrari, as well as representatives of both the Chinese and Italian governments.
The new exhibition center covers an area of 900 square meters and will be open to the public for three years. Its aim is to introduce the Chinese to Ferrari and allow them to experience the history, cars, technologies, and passion of the Prancing Horse first-hand, thereby further consolidating the already strong links between the Italian marque and this nation.
"For millions of people around the world, Ferrari represents the pinnacle of Italian culture," declared Piero Ferrari. "It is a symbol of passion, success and the constant pursuit of excellence. It has always been our wish to share Ferrari’s unique history and culture with the people of China who have shown great affection for the Prancing Horse and with whom we share core values such as respect for tradition and a tenacious spirit of innovation."
Revealed in 1966 at the Paris Motor Show the Ferrari 275 GTB4 is the last and the most desirable in the 275 series. The 275 GTB4 is also the first ’production’ Ferrari to be fitted with the four overhead camshaft version of the V12, and was derived directly from the P2 prototype. During 1966 and 1968 Ferrari produced around 330 units.
The difference between a standard 275 GTB and the GTB4 version was its "long nose" and also for the GTB4 version the bonnet had a slim shallow central bulge running from front to rear. Like all the other Ferrari, the 275 GTB4 was designed by Pininfarina and built by Scaglietti, normally in steel with aluminum doors, bonnet, and boot lid, although a few examples received full aluminum bodies.
The bodies were mounted on a 2400mm wheelbase chassis that had factory reference numbers 596, and all were numbered in the odd chassis number road car sequence. The chassis was virtually identical to that of the two camshaft car, the revised number being due to minor differences in the drive train layout.
The 275 GTS, or the spider variant of Ferrari’s 275 GTB, was revealed alongside the 275 GTB at the 1964 Paris Salon. The Spider version was clearly intended for the American market and California’s west coast in particular, where the attractiveness and marketability of a grand touring cabriolet had long been established.
The mechanical layout was very similar to the berlinetta model, but the Pininfarina body clothing it was completely different. Also whilst the Pininfarina designed berlinetta body was constructed at the Scaglietti factory in Modena, the spider was constructed at the Pininfarina workshop in Turin, before being delivered fully trimmed to the Ferrari factory for fitment of the mechanical components.
The 275 GTS had softer more conservative lines than its berlinetta cousin, with echoes of the 250 GT California nose, featuring a shallow, almost rectangular, recessed egg crate grille, a full width bumper with plain overriders, and open headlights in shallow recesses. The front wing line then ran back in virtually a straight line into the cabin section, before rising slightly into the rear wings that then fell into the rounded tail panel with horizontal wrap-around light units, and quarter bumpers with rubber faced overriders.
Ferrari’s 250 model series was discontinued with the 250 GT Lusso and replaced in 1964 at he Paris Salon with the 275 GTB berlinetta. The model was built in two series, with around 450 units being produced by Scaglietti. Some of these, destined for racing, came in aluminum with racing suspension and six Weber carburettors, and are known as the 275 GTB/C.
Compared to its predecessor, the 275 GTB featured a larger radiator opening, featuring an egg crate pattern aluminium grille, angled rearward at the lower edge like a hungry mouth, bounded by quarter bumpers, with above them deeply recessed headlights under Plexiglass covers. The body featured powerful curves with overall lines that had echoes of the 250 GTO, with a long forward section and a set back cabin falling sharply into the short Kamm tail, carrying circular combination tail/turn light units on a lightly recessed panel similar to that of its predecessor.
The body was designed by Pininfarina, and constructed by Scaglietti, normally in steel with aluminium doors, bonnet, and boot lid, although some examples received full aluminium bodies. The cabin was a three window design with a large deeply curved windscreen and an almost flat rear screen bounded by sail panels that featured triple cabin exhaust air slots that matched the quadruple arrangement on the front wings.