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Lot 5

2014   |   Amelia Island Auction 2014

1974 Ferrari Dino 246 GTS

Coachwork by Designed by Pininfarina Coachwork by Scaglietti

SOLD $341,000

Estimate

$325,000 - $375,000

Chassis

08070

Car Highlights

Rare Factory Paint Color
Longtime California Car
Low-Mileage Example
Cosmetic Restoration Completed in 2012
One of the Last Dinos Built
Offered with Manuals and Tool Kit

Technical Specs

2,418 CC DOHC 65° V-6 Engine
Triple Weber 40 DCNF/19 Carburetors
195 BHP at 7,800 RPM
5-Speed Manual Gearbox
4-Wheel Disc Brakes
4-Wheel Independent Wishbone Suspension with Coil Springs
Register to Bid

The mid-engine Ferrari Dino has always been highly regarded for its aesthetics, a harmonious aerodynamic blend of curves and wedges that visually represents the model’s considerable performance characteristics. When finished in the rare and arresting shade of Viola Metallizzato, this finely restored late US-specification example takes on a particularly spectacular appearance in step with the era’s most flamboyant sports and muscle cars.

According to the research of marque historian Marcel Massini, chassis no. 08070 finished assembly during April 1974, and was desirably equipped with air-conditioning, power windows, leather upholstery and Cromodora alloy wheels. Perhaps more importantly, the 246 GTS was finished in Viola Metallizzato paint, a rare original factory color that may have been applied to as few as 31 examples. Dinos in this provocative color were reportedly owned by both former-Beatle George Harrison and legendary racer Mario Andretti, an indication of the color’s appeal to high-profile celebrities of all stripes.

Distributed for retail to William Harrah’s well-known Modern Classic Motors in Reno, Nevada, this Ferrari was most likely originally purchased by a West Coast owner, as by 1980 it was in the possession of Dave Aase of Anaheim, California. In 1982, Mr. Aase sold the GTS to Steve Mettler of nearby Huntington Beach; and four years later, the car had accrued only 16,000 miles.

Painted red around this time, 08070 was bought in early 1996 by Mike Liphtay, also of California, who included a split-window 1963 Chevy Corvette Stingray as part of his payment. Within a few years, Mr. Liphtay relocated to Florida; and not long after, the car was sold to an East Coast-based collector.

In early 2011, the Dino was acquired by the consignor. At the time, the car benefitted from a recent mechanical freshening, including an engine reseal, a gearbox overhaul with new synchros, a new steering rack, and a rebuild of the brakes and suspension.

Initially impressed with the Dino’s overall condition and an odometer reading of just over 25,000 miles, the consignor was even more delighted when he discovered the shade of original violet paint that existed in some gaps beneath the newer finish in red. Opting for a comprehensive cosmetic refurbishment, the consignor commissioned a complete bare-metal repaint in the original Viola Metallizzato as well as a reupholstering of the entire interior with new black leather and “mouse hair” dash surfacing.

All window gaskets, rubber seals, and weather stripping were replaced, while new carpets and proper liners were installed in the cabin and trunk. The chrome was replated or replaced as needed, a new bellypan was fitted, and a new correct Ansa exhaust system was installed. Available invoices show the work to have been performed by well-established, highly-regarded specialists.

Authentically finished in its original factory color scheme, and recently dialed in for smooth, reliable performance, this rare Dino 246 GTS is accompanied by a tool kit, manuals, and maintenance records dating back to 2002. The Ferrari displayed less than 26,000 original miles at the time of cataloguing. Sure to make a splash at FCA meets and regional concours with its attention-getting paint color and overall dynamic presence, 08070 can also be enjoyed for the Dino’s legendarily athletic performance, with its low mileage promising miles of enjoyment in striking Maranello fashion.