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Lot 109

2013   |   Scottsdale Auctions 2014

1973 Ferrari Dino 246 GTS

Coachwork by Designed by Pininfarina. Coachwork by Scaglietti

SOLD $429,000

Estimate

$350,000 - $450,000

Chassis

05724

Car Highlights

Five-Year, Nut-and-Bolt Concours Restoration
FCA Platinum Winner, 2012 Pasadena Concorso Ferrari
Consigned from a Prestigious Private Collection
Rare and Beautiful Color Scheme
A Significant Dino 246 GTS Worthy of the Finest Collections
Desirable US Version with A/C and Power Windows

Technical Specs

2,418 CC DOHC V-6 Engine
Triple Weber Twin-Choke Carburetors
175 BHP at 7,600 RPM
5-Speed Manual Transaxle
4-Wheel Hydraulic Disc Brakes
Fully Independent Suspension
Register to Bid

The Dino

The successful launch of Ferrari’s Formula One-conquering V-6 racing engine occurred in 1958, but the company’s inability to meet the production volumes to homologate it led Enzo Ferrari to begin entertaining the idea of a new V-6 road-car line. With this new engine in mind, Pininfarina displayed an unpowered “Dino 206 S Speciale” styling exercise, named in the late Dino Ferrari’s honor at the 1965 Paris Salon, followed by the “Dino Berlinetta GT” at Turin the next year that was complete with a transverse mid-mounted V-6 and achingly beautiful Pininfarina-designed bodywork by the renowned Scaglietti coachworks.

The first production Dino – designated 206 GT (denoting 2.0 liters of engine displacement and six cylinders) and debuted at Turin in 1967 – marked the first mid-engine production car by Ferrari and launched the new Ferrari- based “Dino” brand. Just 150 were produced. The 246 GT arrived for 1969, with a power boost courtesy of its enlarged 2,418 cc engine. Capable of acceleration from rest to 60 mph in just over 7 seconds and capable of nearing 150 mph, the 246 GT swiftly earned the praise of both Ferrari enthusiasts and the motoring press, and nearly 2,500 were built. The 246 GTS debuted for 1972 with production through 1974 and featured a lift-off roof panel, slightly longer wheelbase, and elimination of the 246 GT Berlinetta’s rear quarter-windows, as the ultimate 246 Dino with just 1,274 produced. The 206 and 246 Dinos were far more influential than numbers suggest, with Ferrari’s later V-8 road cars, including the 308 and 328, clearly continuing the Dino’s design lineage and mid-engine layout.

This Car

While all 246 Dinos are in high demand today, this 246 GTS from 1973, numbered 05724, is an exceptional, recently restored example with FCA Platinum honors to its credit. According to its known history, 05724 was owned either from new or soon after by the late William Barnum of Rye, New York. The registration document for the car issued to Mr. Barnum is on file and confirms he owned it from at least 1975. Mr. Barnum drove the Dino until the 1980s and then he placed it into storage. It remained in Mr. Barnum’s care until 2003, when 05724 was acquired by collector Randy Simon of Los Angeles, along with a Ferrari 275 GTB. Mr. Simon stored the Dino; and then in 2006, he sold it to the consignor, a prestigious private collector who commissioned a full, concours-level body-off-frame restoration by La Jolla, California’s Symbolic Motors. This work was completed over the next five years, with extraordinary attention to detail, at concours level, including a repaint in its original Rosso Cordoba Metallizato exterior finish. During the exacting restoration process, the Dino’s four-cam V-6 engine was rebuilt by noted Ferrari engine specialist Jens Paulsen.

Soon after completion, the Dino achieved high- profile success on the show field in testament to the impressive quality of its restoration. Following its show debut at the 2011 edition of Concorso Italiano, the Dino achieved FCA Platinum Class honors at the 2012 FCA Consorso Ferrari held in Pasadena, California. As now offered, the Dino clearly benefits from excellent and fastidious care, as well as the showcase hangar storage it has received from the consignor.

Today, 05724 is simply resplendent and has covered less than 200 miles since it was restored. The Dino is accompanied at auction by a collection of restoration images documenting the work performed; receipts for the $400,000 invested; original tools and books, including an owner’s manual and parts manual, plus a document pouch. Properly maintained to the highest standards, exceedingly well detailed, and concours-quality throughout, 05724 is a wonderful example of one of Ferrari’s most innovative and influential driving machines, with an unforgettable mechanical symphony emanating from its race-bred engine.