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Lot 37

2019   |   Scottsdale Auctions 2019

1967 Lamborghini 400 GT 2+2

Coachwork by Touring

SOLD $425,750

Estimate

$425,000 - $475,000

Chassis

01054

Engine

1037

Car Highlights

The Ultimate Evolution of the Original Lamborghini GT
One of Approximately 247 Examples Built; Rare US-Delivery Model
Beautifully Preserved, Numbers-Matching Example per Factory Records
California Black-Plate Car Displaying Less than 31,500 Miles
Single Family Ownership for Nearly 50 Years; Featured on Chasing Classic Cars

Technical Specs

3,929 CC DOHC 60° Alloy V-12 Engine
Six Weber Twin-Choke Carburetors
320 BHP at 7,000 RPM
5-Speed Manual Gearbox
4-Wheel Hydraulic Disc Brakes
4-Wheel Independent Suspension with Coil Springs and Shock Absorbers

Saleroom Addendum

Please note that online bidding is not available for this vehicle.

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Robert Edward Cannon, Santa Barbara, California (acquired circa 1970)Current Owner (acquired from the above)

Over the past 50 years, Ferruccio Lamborghini’s eponymous marque has evolved from a fledgling upstart into one of the most recognizable and admired sports car manufacturers in the world. While much has been written about the iconic Miura and Countach, many significant Lamborghinis have been overlooked – none more so than the original 350 GT, which debuted at the 1964 Geneva Auto Show. Despite Lamborghini’s lack of experience as an automobile manufacturer, the 350 GT possessed a thoroughbred pedigree. Boasting elegant coachwork by Touring of Milan, a chassis developed by Giampaolo Dallara and a complex four-cam V-12 designed by Giotto Bizzarrini, Ferruccio Lamborghini’s original tour de force was a worthy rival to its competitors from Ferrari, Aston Martin, and Maserati.

As production developed during the mid-1960s, Lamborghini began to introduce various mechanical and aesthetic refinements to the GT series. The 400 GT 2+2 was the final evolution, and it featured updated four-seat coachwork, a more powerful four-liter V-12 engine, and Lamborghini-built gearboxes and differentials in place of the earlier ZF and Salisbury components. Between 1966 and 1968, the nascent car manufacturer built approximately 247 examples of the refined 400 GT 2+2.

The beauty of this early edition is its wonderful, unrestored condition, possessing a patina that only careful preservation can produce. This 400 GT 2+2, chassis 01054, was sold new in the US and remained in the care of its second owner for nearly 50 years. Its known history dates to around 1970, when Robert Edward Cannon of Santa Barbara, California, purchased it, and subsequent service records date from 1975 (with 29,025 miles) through 1986 (with 31,458 miles). Documentation indicates that this 400 GT was last registered in 1989 and then stored.

Discovered in its long-term owner’s garage in 2018 and featured on the Chasing Classic Cars TV series, this Lamborghini appears to be in remarkably original condition. The interior compartment features well-preserved pigskin upholstery on the seats, center console, and door panels. The glass is inscribed with the proper maker’s mark, and the Hella lights, chrome, wheels, FIAAM air-filter boxes, Motorola solid-state radio, and Jaeger instruments are all reported by the consignor to be original. The factory-applied undercoating appears intact, the body is unusually straight with consistent panel gaps throughout, and the car still retains its black and yellow California plates.

In the current ownership, this Lamborghini was started for the first time in decades. While it will require a thorough mechanical service before use, it appears to be a superb candidate for sympathetic preservation or a complete concours-quality restoration. With so few examples ever built, this remarkably preserved 400 GT 2+2 is a rare find. It offers a unique opportunity to acquire an early production Lamborghini with a fascinating, well-documented history.