1,600-Mile 2002 Ferrari 360 Spider Six-Speed

Description

OFFERED WITHOUT RESERVE

As Ferrari entered a new millennium, a clean-sheet design was deemed necessary to establish a basis for a future generation of Ferrari road cars. The outcome was the all-aluminum Ferrari 360 Modena developed in conjunction with Alcoa, dressed in aerodynamic Pininfarina-styled bodywork and bristling with technological advancements. Debuting at the 1999 Geneva Motor Show, the 360 was 220 pounds lighter and 40 percent stronger in structural rigidity than the F355 it replaced. Visible under the glass rear decklid was a heavily revised 3.6-liter “Tipo F131” V8 producing 400 horsepower, paired with either an F1 paddle-shift transmission or a six-speed gated manual transmission. The 360 set a precedent for Ferrari models to come, introducing new levels of comfort and usability combined with the level of performance expected from the esteemed Prancing Horse.

Proudly offered in Spider configuration, this Ferrari 360 was delivered new to George Foreman via Ferrari of Houston on 9 August 2002 and displays a mere 1,596 miles at the time of listing. Its quintessential Ferrari color scheme of Rosso Corsa over Beige and Nero leather upholstery is complemented by numerous optional extras including Daytona-style seats, front and rear Challenge grilles, red brake calipers, and Scuderia Ferrari front fender shields. Principally, it is equipped with the coveted six-speed manual transmission, offering the glorious “click-clack” sound of the gate colliding with the gearstick when performing a perfectly timed shift. Presenting in excellent overall condition, this low-mileage example is an excellent opportunity for a Ferrari collector looking to acquire an investment-grade 360 Spider.

This car is part of the George Foreman Collection, which comprises over 50 cars from the 1930s through today, with a focus on American classics and late-model sports cars.

Highlights

• Offered from The George Foreman Collection

• Showing only 1,596 miles at the time of listing

• Six-speed gated manual transmission

• Longitudinally mid-mounted 3.6-liter V8 engine rated at 400 horsepower and 275 lb-ft of torque

• Finished in Rosso Corsa with a Beige and Nero leather interior and a Nero power-operated soft top

• Equipped with the following extra-cost options:

  • Red brake calipers

  • Six-CD changer

  • Daytona-style seats

  • Electrically-operated seats

  • Rear Challenge grille

  • Front “Challenge Style” grilles

  • “Scuderia Ferrari” shields

  • Roll bar upholstery color

• Subject of a major engine-out service performed by Ferrari of Houston in August 2019 exceeding $29,000 which included:

  • Timing belt service with all new components

  • Installed new clutch assembly and starter ring

  • Replacement of all four roll over valves with new gaskets and two fuel pump O-rings to address fuel system leak

  • Replacement of throwout bearing, seals, and guide pins

  • Replacement of front engine cover gasket

  • Replacement of brake fluid reservoir and cleaning of the brake lines

  • Rebuilt water pump with new water pump bearing assembly, seal, O-rings, and thermostat

  • Cleaned and reinstalled all eight fuel injectors

  • Mounted and balanced four new Pirelli P Zero tires

  • Installed new Interstate battery 

  • Replacement of the passenger-side tail light bulb

  • Replacement of the alarm siren

  • Replacement of all vehicle fluids (engine oil, brake fluid, transmission fluid, power steering fluid, and coolant) 

• Accompanied by a letter from Ferrari of Houston addressed to George Foreman thanking him for his order of this Ferrari 360 Spider, its original window sticker, and original warranty book signed by George Foreman

• Clean CARFAX Vehicle History Report

Features

• Xenon headlights

• Bosch Motronic ME 7.3 combined fuel injection/ignition engine management system

• Power rack-and-pinion steering

• AM/FM/CD stereo

• Heated exterior mirrors

• Power windows

• Automatic climate control

• Dry sump lubrication

• Four-wheel ventilated disc brakes

• Bosch 5.3 ABS/ASR system

• Limited-slip differential

• Tuned free-flow exhaust system

Known Imperfections

• Please note that the vehicles in The George Foreman Collection have been in long-term static storage and will benefit from additional mechanical attention prior to being driven. Bidders are encouraged to review the Additional Documents section of each lot for any recent mechanical service rendered to help return certain vehicles to running condition. Additionally, bidders should carefully review the photos of each lot in the collection, which may highlight the oxidation of metal components certain vehicles sustained as the result of a garage fire caused by a golf cart battery in March 2019. Although none of the vehicles sustained fire damage from the fire itself, the negative cosmetic effects of the corrosive soot vary greatly from vehicle to vehicle and can be observed in the photo galleries of each lot. All lots are sold as is, where is, and bidders are responsible for any desired diligence before placing a bid.

• Minor wear on the driver’s outer seat bolster

• Paint chip on the passenger side exterior mirror

• Paint chip on the passenger door handle

• Two minor paint chips on the passenger side rear quarter

Included

• Complete car cover kit (car cover, two seat covers, steering wheel cover, Ferrari-branded carrying bag)

• Additional red car cover

• Schedoni leather tool kit

• Owner’s manuals and leather folio with Ferrari flashlight

• Letter from Ferrari of Houston addressed to George Foreman

• Tire inflator 

• Becker stereo code card

• Two keys

• Tow hook

Ownership History

The original warranty book records that George Foreman accepted delivery of this Ferrari 360 Spider at Ferrari of Houston on 9 August 2002. The accompanying CARFAX Vehicle History Report confirms the car’s one-owner status and its low original mileage of just 1,596 miles.

Additional Notes

A Broad Arrow Group Car Specialist is working as an agent on behalf of the owner for this vehicle.

Contact: Cason Vogel Phone: 904.504.7848 email: cvogel@hagerty.com