1971 Ferrari 365 GTS/4 Daytona

VIN: 14671

$1,017,500

Sold

Seller details

  • Auction

    RM Auctions

  • Location

    Amelia Island, FL; US

  • Event date

    Mar 13, 2010

  • Lot

    119

Vehicle specs

  • Chassis/VIN

    14671

  • Body style

    Spider

  • Odometer

    17906 M

  • Interior Color

    Black leather; Black cloth top

  • Exterior Color

    Fly Yellow

  • Generation

    1968-1973 Ferrari 365 GTB / GTS Daytona

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Becker Mexico AM FM, chrome spoke Borranis, A C, full tool roll and document pouch. Ferrari Classiche certified. First owned (leased) by J. Anthony Forstmann, money manager and brother of Ted of Forstmann Little & Company. Bought by Edsel Ford II in 1982 who owned it until 2007. Freshly repainted, rechromed, reupholstered and mechanically freshened. Clean, sharp and nearly like new. Seats are barely used.

Market commentary

Sold by Edsel Ford II for $1,281,930 hammer, $1,410,123 with commission by RM at Maranello in 2007, before the recent extensive cosmetic and mechanical work. That was, if anything, a market aberration, and in no way aided by the Euro. The all in price here is Euros 739,800, down from Euros 1,045,000 in Maranello. Rob Myers worked hard to put this deal together on the block and succeeded. The result is at least a very good value and approaches (as much as a million dollars for an automobile can be) a bargain.

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