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Lot 7

2013   |   Scottsdale Auctions 2014

1985 Ferrari 288 GTO

Coachwork by Designed by Pininfarina. Coachwork by Scaglietti

SOLD $1,402,500

Estimate

$1,250,000 - $1,402,500

Chassis

ZFFPA16B000052475

Car Highlights

Ferrari’s First Modern Limited-Edition Supercar
One of 272 Examples
Race-Engineered Twin-Turbocharged V-8
US DOT and California BAR Compliant
Unrestored and Beautifully Preserved
Documented by Ferrari Historian Marcel Massini

Technical Specs

2,855 CC DOHC Twin-Turbocharged V-8 Engine
Weber-Marelli Fuel Injection
400 BHP at 7,000 RPM
5-Speed Manual Transaxle
4-Wheel ATE Ventilated Disc Brakes
4-Wheel Independent Suspension with Coil-Over Shock Absorbers
Register to Bid

This Car

According to the research of marque historian Marcel Massini, the certificate of origin for this outstanding 288 GTO was issued by the factory on January 30, 1985, and the car was initially registered with Milan license plates on February 6th. On February 23rd, the Ferrari was spotted at Sportgarage Bruno Wyss in Zofingen, Switzerland, and was officially sold two days later to its first owner of record, Milano Leasing S.p.A.

When the Ferrari was re-registered with Modena plates on September 25th, the paperwork listed it as a 308 model for tax purposes. Sold to Autoluce on October 16th, the GTO was used by Luciano Colosio of Modena, who took it to the Ferrari Parade of Crepaldi at Monza on September 14, 1986, as depicted in a period photo. After appearing in Autoluce’s 1987 calendar, the 288 was sold in May 1987 to Autofficina Sauro Mingarelli on behalf of Fausto Pieroni of Modena.

On June 14, 1987, Mr. Pieroni took the Ferrari to the 25th Anniversary GTO celebration at Mas du Clos in France, and on September 13th, the car again made an appearance at the Crepaldi parade in Monza. On October 4th, showing 16,000 km, the GTO attended the 40 Years of Ferrari meet at Imola, and again visited the famous test track on June 11, 1989, this time attending the Sports and Prototype Ferraris meet. The beautiful 288 GTO attended a club meet at Mugello on September 22, 1991, and this temporarily marked the last of Mr. Pieroni’s outings with the GTO, as on October 17, the Ferrari was sold to Auno Immobiliare S.p.A., a real estate company in Modena. Not long after the car’s June 1997 appearance at the 50th Anniversary Ferrari meet in Modena, Mr. Pieroni reacquired the breathtaking GTO on March 25, 1998, ultimately selling it two years later to a Modena-based dealer.

The Ferrari was then purchased by the consignor, a Southern California collector of modern exotic road cars engineered for racing. As a young enthusiast in the 1980s who once admired such cars, the consignor pined to add a 288 GTO to his stable, which already included Lamborghinis, a Porsche 959, an F50, and two F40s (including the F40 GT raced by the Monte Shell team).

On August 20, 2002, the consignor imported the car to America. Delivered to Wallace Laboratories in Houston, the 288 was converted to comply with US DOT and California regulations, a process that took eight months to complete. The consignor was incredibly impressed by the conversion, noting that the engine and exhaust continue to capably perform with European character, and that the car runs far better than other cars that he has imported and converted.

As a previous track competitor and Ferrari GT race team owner, the consignor has his own personal racing shop of mechanics, and his staff serviced the 288’s minimal needs over the ensuing 12 years. Never once taken to the track during this time, the Ferrari has been garaged among the consignor’s high- horsepower collection, essentially seeing the light of day only for occasional charity events, to which the 288 was transported in an enclosed carrier. By the consignor’s estimate, the GTO has accrued only approximately 300 miles during his tenure of careful custody.

Reported to have been converted during its time in Italy to more powerful mechanical specifications by the famed Giuliano Michelotto (the factory’s official manufacturer for the competition F40 GT and 308 IMSA models), this sensational turbocharged Ferrari is offered with original tools and manuals, period photos, and Italian registration records. It is unusual to find an original 288 GTO that has experienced so little wear and tear, and this finely preserved example would make a crowning addition to even the most comprehensive collections.

The 288 GTO

The first of Ferrari’s modern supercars, the 288 GTO was developed to compete in the FIA’s new “Group B” specification. Delighted at the opportunity to return to sports car competition, Ferrari developed a tube-frame chassis mounted with carbon-fiber body panels. The mid-mounted V-8 engine was equipped with twin IHI turbochargers, contributing to a stout 400 hp and 366 lbs./ft of torque.

Capable of reaching 60 mph in 4.9 seconds and a top speed of 189 mph, the powerful 288 GTO sadly never saw factory competition due to the cancellation of Group B racing in 1986. Nevertheless fulfilling its homologation, the breathtaking model was produced in a minimal quantity of just 272 examples, and started a Maranello hypercar tradition that has continued through today’s LaFerrari.