Ferrari 340

Ferrari 340

Between 1950 and 1954, the Carrera Panamericana — a border-to-border sports car racing event – dominated the racing scene. Ferrari took home victories in the 1951 and 1954 running and Mercedes chalked up a victory in 1952. Now that 58 years have passed since the final official running – a historical race has been run since 1988 – Gullwing America (GWA) has decided to piece together a pair of tribute cars for Ferrari and Mercedes.

The dedicatory Ferrari is dubbed the Ferrari 340M/C . The 340M/C will feature the F116C-V12, 5.5-liter V-12 engine that Ferrari, with a different fuel-injection system – likely to allow it to run on today’s fuel. Gullwing America strapped a set of headers and racing mufflers to the engine to help free up as many ponies as possible. Mating this classic V-12 to its transmission is an upgraded clutch.

Unfortunately, GWA has not privileged us with the engine’s total output, so we’ll just have to wait for that.

This Ferrari will be carried by a branded Mercedes Benz transporter in a tour around the world. It will make various F1 stops and also be seen at Goodwood and Nürburgring. Stay tuned for more details, if GWA releases any more.

Click past the jump to read the full press release.

The final of a series of four Ferraris being auctioned on behalf of the late Sherman Wolf’s estate is an ultra-rare 1953 Ferrari 340 Ferrari 340 MM Competition Vignale Spider. Only a total of 10 340 MM models were ever produced, with chassis No. 0350 AM, the example scheduled for auction, being the final of the 10 built.

Bodied by Vignale, this fine example boasts an elongated hood, rounded and some what bug-eye-like headlights, a large open mouth, and curvy front fenders. You also get a short windscreen that actually is in an “M” shape, giving in a unique look. Down the side of this classic Ferrari racer, there’s a set of port holes to extract heat from the engine and a forward-pointing arrow with the number “64” on it.

The backside of this 340 MM is as short as the front end is long and it is rather round. It boasts a pair of small brake lights and a pair of heat extractors for the rear brakes. Protruding from the underside are a pair of exhaust pipes that the engine exhales through.

The corners of this 340 MM boast wire wheels, just like it had in its racing days. The entire body is draped in a white undercoat with a blue strip that circles the entire car, front to rear. The body and paint are in their original and un-restored condition, so expect a few bumps and bruises here and there. For the most part, however, the body looks to be in excellent shape.

Under the hood of this 340 MM is a Aurelio Lampredi-designed 4.5-liter V-12 engine that pumps out 375 horsepower. This engine is known more for its lightweight design and efficiency, as its cylinder heads and block are from a cast alloy, which is both strong and lightweight.

This super-rare Ferrari will not come cheap, however, as Gooding & Company expects it to fetch between $4.5 and $6.5 million.

Hit the jump for the official press release.

The Ferrari 340 Mexico Berlineta is one of the most unique cars on the market, fetching an astounding $4.3 million at the RM Auctions in March 2011. That princely sum is justified considering the 340 Mexico only consists of three different chassis, each built exclusively for the 1952 Carrera Panamericana race in Mexico. One of these units, chassis number 0224 AT driven by Luigi Chinetti, was successful in crossing the finish lane in third place behind two Mercedes 300SL Gullwing models and this is the car GWA Tuning has chosen to celebrate with a tributary model.

Using a Ferrari 456 platform as a base, GWA Tuning was able to bring the classic 340 Mexico Berlinetta to modern times. This 456 platform was re-bodied by Coach Building master, Mark Nungent, from Australia. The body was then fixed up with a new diffuser, rear spoiler, side vents, and front splitters, all from newer Ferraris. The body was also stretched by about 15 inches (mostly in the middle) to fit the new platform, but the wheelbase remained the same.

More details on the tributary Ferrari 340 Mexico Berlinetta by GWA-Tuning after the jump.

Posted on by Matt McDonald 18

Rare automobiles are sought after by various collectors from all over the world and often draw prices exceeding millions of dollars and new Ferrari models have yearlong waiting lists with special approval processes through the factory for anyone to even buy one. The combination of a prestigious moniker and a rare model on the auction block has all the making of a bidding war between these exclusive collectors.

The Ferrari 340 Mexico Coupe is one of three coupe models and the one Barchetta to be produced. They were built exclusively for the 1952 Carrera Panamericana race in Mexico – which was one of the most deadly races in the world. The word rare can be used in some fashion for nearly every Ferrari ever made because the entire company is built around creating unique performance oriented sports cars. Initially, Ferrari only sold road-going cars to pay for the company’s racing exploits and the founder despised having to do so.

Not only is this 340 Mexico Coupe one of three in the world and never produced as a road-going version, it is also the most winning chassis of the three. Complete with original engine and complete history, RM Auctions expects this car to fetch between $2,750,000 and $3,500,000 which leaves most of your ordinary auction-goers out of the picture.

UPDATE 03/15/2011: The 340 Mexico was a HUGE success at the RM Auctions event, pulling in a whopping $4.3 million. The entire event was an even bigger success with a remarkable $24.3 million in total sales and making it the biggest event in it’s 13 year history.

Hit the jump for more details on the 1952 Ferrari 340 Mexico Coupe.

Source: RM Auctions

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