Ferrari 275 GTB4 selling at auction that was owned by the seller for 40 years
Ferrari values have been on a tear the past several years. As a result, they tend to change hands frequently making a quick profit for their selling owners. However, there are exceptions. Every now and again, one pops up that wasn’t previously on the radar. The car you see here is one such example.
The 275 GTB/4 displayed here has had the same owner for the past forty years. Recently, he has decided to part ways and pass it on to another caretaker.
Followed by the iconic 250 series, the 275 series was one of the most famous of Ferraris to come out of Maranello in the 60s. I had a 3.3-liter V12 under the hood and a glorious form fitting design by Pininfarina with a body that was crafted by Scagletti. Only 331 examples of the legendary Ferraris were ever made.
The car you see here was built to European specifications and delivered new to dealership in Rome in September of 1967. With a black interior and Verde Pino exterior, the vehicle has only had four owners. The first owner sold it two years later to the second owner on Long Island. The current owner saw it advertised in the New York Times classifieds in the mid-1970s. The rest as they say is history.
Under the current owner’s car, the exterior of the Ferrari was repainted another shade of green called Cadillac’s “Fire Mist”, rebuilt the engine, and in 19996 had extensive work done by Ferrari of Atlanta, totaling $30,000. The car has $140,000 in receipts for repair and maintenance spent under his ownership.
The car is currently consigned to Bonham’s who will try to auction the car at the Greenwich Concours d’Elegance in Connecticut next week. The auctioneer believes it will sell for about $3 million at auction.