Lot 29

2015   |   Pebble Beach Auctions 2015

1967 Ferrari 275 GTB/4

Coachwork by Scaglietti

SOLD $3,877,500



Car Highlights

Recently Discovered and Offered Publicly for the First Time
Never Restored and Incredibly Original Throughout
Over 40 Years of Single Family Prior Ownership
FCA and Pebble Beach Preservation Award Winner
Accompanied by Books, Tools, and Extensive Documentation

Technical Specs

3,285 CC Tipo 226 DOHC V-12 Engine
Six Weber 40 DCN17 Twin-Choke Carburetors
300 BHP at 8,000 RPM
5-Speed Manual Transaxle
4-Wheel Vacuum-Assisted Hydraulic Disc Brakes
4-Wheel Independent Suspension with Wishbones and Coil-Over Shock Absorbers
Register to Bid

From the Peter Klutt Legendary Motorcar Collection | Pebble Beach Preservation Class Award WinnerEdward A. Skae, Lake Forest, Illinois (acquired new in September 1968 from Luigi Chinetti Motors)Carl C. Gagliano, Milwaukee, Wisconsin (acquired from the above in September 1969)Bill Gagliano, Milwaukee, Wisconsin (acquired from the above by descent)Peter Klutt, Halton Hills, Ontario (acquired from the above in early 2013)

Pebble Beach Concours d’Elegance®, August 2013 (Second in Class L-2: Postwar Preservation)XXIII Cavallino Classic, Palm Beach, Florida, January 2014 (Platino, Class 5, Preservation Platino, Class 14, and the Overall Preservation Cup Award)

In October 1964, the 275 GTB made its landmark debut at the Paris Auto Salon alongside its open 275 GTS stablemate to replace the outgoing and long-running 250 GT and its many variants. The 275 GTB signaled an important evolution in Ferrari road cars, as it had a fully independent suspension layout, which had been tested, developed, and proven on the track beginning with the famed Testa Rossa in the early 1960s.

For the 275, the size of the V-12 engine was increased from the three liters of the outgoing 250 GT to 3,286 cc, with each cylinder now displacing roughly 275 cc, hence the new model’s “275” designation. Designed by Pininfarina and bodied by longtime Ferrari partner Scaglietti, the 275 GTB echoed many of the purposefully aggressive outward cues of the 250 GT Tour de France and 250 GTO. Today, it remains one of the most sought-after and collectible Ferraris ever produced, particularly in the ultimate four-cam 275 GTB/4 specification. The example offered here, numbered 10803, was recently discovered and is highly desirable as an unrestored and almost entirely original vehicle being offered publicly for the first time.

Launched in Paris in October 1966, the celebrated four-cam 275 GTB/4 marked what the vast majority of Ferraristi regard today as the finest evolution of the series. Pininfarina had already designed an elongated long-nose treatment that promoted greater stability by reducing front-end lifting tendencies at speed, and the 275 GTB/4’s chassis was mostly unchanged, with the exception of a 24 mm increase in its track dimension. The small hood bulge was the only external giveaway of the new four cam. Designated “Tipo 226,” the upgraded 275 GTB/4 engine now featured revised cylinder heads with four overhead camshafts – two per cylinder bank – and developed as much power for the road as Ferrari’s two-cam racing engines. Additional race-proven tweaks applied to the Tipo 226 power unit included dry-sump oiling and six twin-choke Weber carburetors. All told, this formidable engine delivered a factory-rated 300 hp and propelled the GTB/4 to more than 160 mph. Now, with the four-cam V-12, competition power levels were available to Ferrari’s clients, right of the showroom floor.

The engine, driveline, and rear-mounted transaxle of the GTB/4 were combined into one sub-assembly, mounted to the chassis at four points, producing a rigid car with superb and neutral handling and a near-perfect 50/50 weight bias. Although the 275 GTB/4 was a trendsetting road car in many regards, it was also the last true coachbuilt dual-purpose road/race berlinetta in the greatest Ferrari tradition. Accordingly, many examples led a dual life, winning at road courses and hill climbs on weekends while being utilized for stylish and sporty transportation during the week.

Recently discovered and now offered publicly for the first time, 10803 has seen limited ownership and use, and carries fascinating early documentation, creating a truly outstanding opportunity in today’s market. Following completion and shipment to the US, 10803 was sold new by official Ferrari distributor Luigi Chinetti Motors in Greenwich, Connecticut, to Edward A. Skae, a resident of Lake Forest, Illinois. As documented by a copy of a check issued from Chinetti in the amount of $5,000, Mr. Skae traded a Lamborghini Miura and a Maserati Ghibli for the 275 GTB/4. Interestingly, Harley Cluxton picked up 10803 at Chinetti’s and drove it to Mr. Skae’s home via Ontario, Canada. To Ferrari enthusiasts, Harley Cluxton is well known as an eventual Ferrari racer (with Luigi Chinetti’s backing), among his many exploits.

In August 1969, Mr. Skae sold the Ferrari to Carl C. Gagliano of Milwaukee, Wisconsin, who used it only sparingly and provided proper maintenance and garage storage. A body-shop receipt in the amount of $200 documents very minor damage incurred when the front of the car was scraped by the family lawn mower. Mileage under Mr. Gagliano’s tenure was quite limited, as shown by an oil-change sticker still on the car; dated May 30, 1982, it lists mileage as just 9,690. Following Mr. Gagliano’s passing in 1996, the Ferrari went to his son, Bill, a long-running Milwaukee-area SCCA member, who drove the car infrequently before preserving the underside and wheels, and placing it onto stands in long-term garage storage.

Peter Klutt acquired this remarkable, virtual time-warp 275 GTB/4 in early 2013, believing it to retain the majority of its factory-original paint finish. The drivetrain, interior, mufflers, and tires are also thought to be original. What makes this vehicle truly special is the condition of the undercarriage, including the original plating and finishes, and fine details including the original brake hoses, stencils, decals, hardware, and factory markings.

Expertly recommissioned and carefully preserved, 10803 took to the show feld at top-level events, beginning with the 2013 edition of the Pebble Beach Concours d’Elegance®, where it earned a Second Place podium in Class L-2: Postwar Preservation. In January 2014, 10803 was shown at the XXIII Cavallino Classic at Palm Beach, Florida, where it earned three awards. As now offered at auction, 10803 is without a doubt a Ferrari of the highest caliber. It is one of the most beautiful, purposeful and sought-after models ever built and, with its exceptional originality, it is one that is certain to delight its fortunate new owner. Complete with perfect books and factory-original tool roll, it is unrestored and stands as one of the most original 275s remaining in existence.