loader

Lot 126

2016   |   Pebble Beach Auctions 2016

1969 Ferrari 365 GTB/4 Daytona

Coachwork by Scaglietti

SOLD $715,000

Estimate

$750,000 - $850,000

Chassis

12525

Car Highlights

Outstanding Example of a Seminal Pininfarina Design
Early Production Plexinose Daytona
Desirable As-Delivered Color Scheme
Highly Original Example, Offered with Books and Tools
Offered from a Prominent Ferrari Collection

Technical Specs

4,390 CC Tipo 251 DOHC V-12 Engine
Six Weber 40 DCN 20 Carburetors
352 BHP at 7,500 RPM
5-Speed Manual Transaxle with Limited-Slip Differential
4-Wheel Vacuum-Assisted Ventilated Disc Brakes
Fully Independent Double-Wishbone Suspension with Coil Springs
Register to Bid

Colombo Bianchi, Taggia, Italy (bought new via Parauto S.n.c. in September 1969)Dorothea Hanna Erhardt (acquired via Luciano Ravina in March 1972)Giorgio Camerano, Milan, Italy (acquired via M. Gastone Crepaldi in February 1975)Private Collection, North Carolina (acquired in 1979)Current Owner (acquired from the above in December 2012)

Distinctive, angular, and unlike anything that came before or since, it is hardly surprising that the press and public chose to conflate Ferrari’s success in the Daytona 24-hour race with its 365 GTB/4 road car: With a proven top speed of more than 170 mph, not even Lamborghini’s Miura was faster. This unrestored, early production example comes from a well-known Ferrari collection and is set apart by originality, patina, and provenance.

Designed by Leonardo Fioravanti while he was at Pininfarina, the Daytona began as an unofficial project, since the 275 GTB was not yet due to be replaced. In an interview, Fioravanti explained, “In late 1966 we had a couple of Ferrari chassis in the factory. Normally I saw them just as bare frames, but these already had their V12 engines and suspension. When I saw them, I had this incredible idea …. when my ideas were shown to Mr. Ferrari, he liked what I had done.” Enzo Ferrari himself suggested that the track be widened slightly, perhaps six centimeters, and then signed off on the design. Ferrari lore is that the work was completed in just seven days.

While the 365 GTB/4 had a quad-cam Colombo V-12 and five-speed transaxle like the preceding 275 GTB/4, as the nomenclature suggests, engine capacity had risen to 4.4 liters and output increased to more than 350 bhp, explaining the prodigious top speed.

Chassis 12525 is an Italian market car later exported to the US. Notable as one of the first 20 examples built, it is equipped with the plexiglass nose common to all Daytonas until 1971, rather than the retractable headlights seen in later production models that were introduced to meet American requirements. With a completion date of May 14, 1969, a Factory Certificate of Origin was issued on September 1 1. The Daytona was delivered to the Ferrari dealer in Genova, Parauto S.n.c., on September 19, 1969, where it was registered under the Imperia license plate “IM 77169.” On September 22, 12525 was sold to its first private owner, Ligurian business and community leader Colombo Bianchi of Taggia, a town on the San Remo coast just over the border from Nice. Supplied in silver (Argento Metallizzato 106-E-1) over black (Nero VM 8500), equipment included a wooden-rimmed steering wheel and air-conditioning, a rare option on this early Italian-delivery car.

Sig. Bianchi clearly enjoyed his new steed, since by May 18, 1970, it had covered 16,466 km when he took it to the Ferrari factory service center in Modena. By July 6, 18,812 km were showing when it was serviced there again.

On March 8, 1972, 12525 was sold to a young Swiss woman, Dorothea Hanna Erhardt. Three years later, on February 18, 1975, noted Ferrari dealer M. Gastone Crepaldi sold the Daytona to a Milanese resident, Giorgio Camerano, and thus12525 remained in northern Italy throughout the first decade of its life.

In 1979, this Daytona was exported to the US, remaining in a private collection in North Carolina for more than three decades. In 2012, the current owner, a well-known collector and owner of some of the best Ferraris extant, discovered 12525. Photographs taken at this time reveal the outstanding, preserved condition: Seats are free from splits or major blemishes, and the carpets are unworn. At this time, the odometer showed 50,587 km. Struck by the originality, the current keeper had 12525 inspected and mechanically refreshed,but left the cosmetics untouched. Today, this exceptional Daytona presents as an honest, original car with a gentle patina that significantly contributes to its charisma. It is offered with important accessories including a tool kit, owner’s handbooks, a wood-rimmed steering wheel, and a history report compiled by Marcel Massini.

Few machines exist so strongly in the popular mind as the Ferrari Daytona, whether starring in feature films or competing in major international endurance races. Chassis 12525 represents a compelling chance to acquire an unrestored, early production Plexinose Daytona in well-preserved, unrestored condition.