1959 Ferrari 250 California LWB

VIN: 1603GT

$18,150,000

Sold

Seller details

  • Auction

    Gooding & Company

  • Location

    Pebble Beach, CA; US

  • Event date

    Aug 20 - Aug 21, 2016

  • Lot

    33

Vehicle specs

  • Chassis/VIN

    1603GT

  • Body style

    Alloy Spider

  • Transmission type

    Standard

  • Engine Type

    V12

  • Horsepower

    240

  • Induction

    3x2 bbl

  • Interior Color

    Black

  • Exterior Color

    Silver

  • Generation

    1957-1963 Ferrari 250 California Spider

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Chrome spoke Borranis, central rear outside filler cap, right door number light, bumpers included but not installed, alloy body, covered headlights, grille-mounted fog lights.

Condition

#2 Excellent

Could win a regional car show. Drives like new.

About Hagerty’s condition ratingsClose

The first disc brake California Spider, raced at Nassau in 1959-1960 and at Sebring 1960 finishing 5th overall. Motion Products restoration in the late 80's, cosmetically freshened by Bob Smith in 2011. Still excellent paint, chrome and interior. Chassis restored like new. Vinyl graphics. Ferrari Classiche certified. Dusty underbody.

Market commentary

Sold by Gooding here in 2010 for $7,260,000 before the most recent cosmetic work by Bob Smith Coachworks but even taking that considerable expense into account this is a serious price, effectively doubling its value in six years. What it has that others don't is a credible racing history and particularly effective livery that highlights the lines of the highly regarded Pinin Farina designed body.

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