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Lot 2

2016   |   Pebble Beach Auctions 2016

1968 Lamborghini 400 GT 2+2

Coachwork by Touring

SOLD $390,500

Estimate

$300,000 - $400,000| Without Reserve

Chassis

01294 Toggle

Engine

1508

Car Highlights

A Genuine California “Black Plate” Garage Find
Offered from Long-Term Family Ownership
Well-Preserved Original Features and Period Accessories
One of as Few as 242 Examples Produced
Rare Opportunity to Acquire an Early, Unrestored Lamborghini

Technical Specs

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

Saleroom Addendum

*Please note that this vehicle is titled 1967.

Register to Bid

Big Boy Manufacturing Company, Burbank, California (acquired new in 1968)Russell Lamb and Family, Long Beach, California (acquired from the above in February 1976)

While spirited discussions continue on the motivation behind Automobili Lamborghini, its founder’s vision of the ultimate GT car was certainly realized. Having recruited some of Italy’s finest engineers, including Giotto Bizzarrini and Gian Paolo Dallara, the Lamborghini company’s development quickly progressed from the Franco Scaglione-penned 350 GTV show car, which debuted in 1963, to the 350 GT and 400 GT two-seaters. The swift 4.0-liter, four-place 400 GT 2+2 with coachwork by Touring of Milan represents to many the finest expression of the concept.

One of as few as 242 examples produced, this 400 GT 2+2 is a highly original, unrestored, and truly thrilling Southern California garage find. Chassis 01294, originally supplied with engine number 1508, was sold new in Los Angeles, arriving in January 1968. As discovered, it retains highly desirable California black license plates and matching period frames from Estes-Zipper Motors in Beverly Hills. The first owner of 01294 was the Big Boy Manufacturing Company of Burbank, a gas-barbeque and metal-toy manufacturer established in 1953 by Merle and Laverne Persinger. Russell Lamb, an engineer from Long Beach who counted Big Boy Manufacturing among his clients, admired the exotic Lamborghini and purchased it from the company in February 1976. Mr. Lamb drove the car only briefly and it was last road-registered in 1976 before being placed into garage storage, remaining there until just recently. Apparently, Mr. Lamb began some engine work circa 1978, but it was never completed, andthe vehicle is not presently running. The odometer currently reads 79,195 miles.

According to a recent inspection by a Gooding & Company specialist, 01294 is a very complete and original unrestored vehicle. Finished in its original Amaranto livery, the Lamborghini features a nicely preserved original Senape pigskin leather interior with period amenities including an air-conditioning unit mounted in front of the glove box and a forward-facing radio unit, likely dealer-installed, mounted between the front seats. Period white-stripe Pirelli tires, original glass, the original data/ID tags, quilted underhood and firewall insulation, an original key, and even a Lamborghini In Rodaggio road-test sticker further define this time-capsule example.

While not presently running and certainly in need of full mechanical review, this remarkable Lamborghini 400 GT 2+2 provides great possibilities for its next owner to either carefully preserve its irreplaceable originality and return it to running order, or as the ideal basis for a full concours-level restoration. Gooding & Company is thrilled to represent this marvelous Lamborghini and to recommend it to any enthusiast with a passion for this great Italian marque.