Ferrari’s (NYSE:RACE) 275 GTB/C to Auction at Pebble Beach

Ferrari’s (NYSE:RACE) 275 GTB/C to Auction at Pebble Beach

Ferrari’s (NYSE:RACE) 275 GTB/C to Auction at Pebble Beach

$RACE

There are many things that make the Ferrari 250GTO as special and valuable. Not the least of them is that it was the last in the legendary 250 Series.

So, if you are a millionaire keen on having 1 of the Maranello Outfit’s finest classics in your garage, but cannot make prices that GTOs are fetching, this is surly up for consideration.

It is a 275 GTB, but not just any 275 GTB.

This is GTB/C s/n 09063, the C means Competizione. It is 1 of 12 made, which makes it even rarer than the 250GTO that preceded it. And it’s coming up for auction, with a value estimated in 7-figures, but just a fraction of what 250GTOs command.

With ultra-thin aluminum bodywork and a plexiglass rear window, the GTB/C was much lighter than most 275s. Its 3.3-liter V12 featured upgraded cams, carbs, crankshaft, pistons, the valves from the mid-engined 250 LM, and dry-sump lubrication.

This car was originally purchased by Luigi Chinetti, Ferrari’s North American importer and founder of the North American Racing Team (NART). Pedro Rodriguez drove it to a 1st-in-class finish in the Y 1966 Nassau Tourist & Governor’s Trophy, and subsequently 3X at Daytona.

Collector Albert Orbrist bought it in Y 1992 and commissioned a full restoration, returning it to its original dark-red Rosso Rubino. And 3 years later, he sold it to F1 Boss Bernie Ecclestone. The current owner bought it from Ecclestone in Y 2001, and has now putting it up for auction.

Gooding & Company estimates it will sell for $12-14-M when it crosses the block at Pebble Beach next month

There it will also sell off a beautiful, dark grey 1959 250 GT Tour de France and a bright blue 166 MM/195 S Berlinetta Le Mans, each valued at around $7-M at the hammer.

Those prices seem like bargains compared to the price to join 250 GTO Owner’s Club.

Have a terrific weekend.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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