Lot 150

1969 Ferrari 365 GTC

Coachwork by Pininfarina

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Estimate

$750,000 - $850,000

Chassis

12541

Engine

12541

Car Highlights

The Ultimate Development of the GTC; One of Only 168 Examples Built

Documentation Includes Classiche Red Book, Factory Build Sheets, and Marcel Massini Report

Offered in Its Original Grigio Mahmoud over Pelle Bleu Specification, with Borrani Wire Wheels and Desirable Factory Air-Conditioning

Thoroughly Maintained and Tastefully Upgraded with over $55,000 Spent Since Its Acquisition in 2014

Retains Matching-Numbers Engine and Transaxle per Classiche Certification

Immobiliare Carline, Milan, Italy (acquired new)

Eterna Fillippone, Milan, Italy (acquired from the above in 1971)

Marco Tronchetti Provera, Milan, Italy (acquired from the above via Dino Genghini in 1973)

Leonard Schammel, Milan, Italy (acquired from the above in 1974)

Earl Gandel, New York, New York (acquired in 1975)

Judd Goldfeder, Escondido, California (acquired from the above in 1986)

Kirk F. White, New Smyrna Beach, Florida (acquired from the above in 1999)

Hans Mathon, San Francisco, California (acquired in 1999)

Andrew Smith, Petaluma, California (acquired circa 2000)

Raffi Najjarian, Brisbane, California (acquired from the above in 2013)

Current Owner (acquired from the above in 2014)

La Carrera Classic, Ensenada, Mexico, 1986

International Ferrari Concours, Monterey, California, August 1994 (Third in Class)

Concorso Italiano, Quail Lodge, Carmel Valley, California, August 1994

Rosso Rodeo, Beverly Hills, California, June 1995

Third FCA Vintage Ferrari Concours, Carmel Valley, California, August 1995 (Second in Class)

Newport Beach Concours, October 1995 (Third in Class)

Prego Saluta Ferrari di Maranello Concorso, San Diego, October 1995

Skeets and Sharon Dunn Picnic, Rancho Santa Fe, California, 1996

The 365 Grand Touring Coupe, or GTC, was the ultimate mechanical development of Ferrari’s luxurious late-1960s road car. Positioned as a refined gran turismo to complement the contemporary 275 GTB, the GTC first appeared at the 1966 Geneva Motor Show featuring the single-cam, four-liter engine introduced in the 330 GT 2+2. In the smaller and lighter GTC, this engine provided performance dividends, and the new Pininfarina coachwork was exceptionally elegant, combining the prior Ferrari cues of an oval-shaped grille and tapered tail with new features, such as slim pillars and an airy, glass-oriented cabin.

Viewed by many enthusiasts as the proper replacement for the beloved 250 GT Lusso, which lacked a true successor after being discontinued in 1964, the 330 GTC was made in a limited quantity of 598 examples. In late 1968, the model was replaced by the improved 365 GTC, which featured a larger 4.4-liter engine, designated as the tipo 245/C.

The 365’s most notable physical difference from its GTC predecessor was the relocation of the front cooling vents from the fenders to the hood. Far rarer than the 330 GTC, the 365 was made in a sparing run of just 168 examples and, in many respects, the model can be considered the ultimate evolution of Ferrari’s vintage touring coupe, both refined and sporting.

This 365 GTC, chassis 12541 was inspected by Ferrari’s Classiche department, and its Red Book was issued in May 2015, confirming its original specification and all-important matching-numbers engine and transaxle, ensuring its authenticity and factory-correct specification. This ideally presented late-production 365 GTC is also documented with copies of its factory build sheets and a history report by Marcel Massini. It is equipped with air-conditioning, power windows, and a Blaupunkt radio.

Chassis 12541 was originally finished in Grigio Mahmoud (Mahmoud Gray) paint over an interior of blue leather, as it is presented today. Other than a refinishing in its original color in 1994, this car is believed to be largely original and displays excellent quality in its brightwork, interior, and Borrani wire wheels, mounted with correct Michelin XWX tires. Accompanied by its books and tools, this beautiful and rare Ferrari has been maintained by one knowledgeable and fastidious owner over the last 14 years and is documented with yearly service receipts over that period.

In current ownership, over $55,000 has been invested in the GTC’s preservation and performance, including rebuilding the shock absorbers, overhauling the steering box, and replacing the suspension bushings. To enhance its touring capabilities, the car underwent a multiyear modernization of its air-conditioning system, featuring an upgraded blower motor, customfabricated lines, and a modern condenser. The V-12 powerplant has been finely tuned with larger main jets and updated ignition components.

As the GTC models have recently evolved into the next highly sought-after Enzo-era Ferrari, wellrestored examples have increasingly appeared on the show fields of FCA events and prestigious concours d’elegance. This newfound popularity only further distinguishes pristine, unrestored examples such as this car, which should make an ideal entrant in concours competition.

Complete with copies of factory build sheets, Marcel Massini Report, and its all-important Ferrari Classiche Red Book, chassis 12541, finished in its distinguished, original colors is a highly presentable example of the exceedingly rare 365 GTC. This Ferrari promises to delight as a collectible worthy of continued preservation, event display, or further sympathetic restoration, offering its next steward a richly documented, and visually evocative expression of mid-century Ferrari brilliance.

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