Lot 59

2016   |   Pebble Beach Auctions 2016

1998 Ferrari 550 Maranello

Coachwork by Pininfarina

SOLD $280,500


$240,000 - $260,000| Without Reserve



Car Highlights

Only 5,800 Miles Recorded
Excellent Service History Performed by Supplying Dealer
One Owner for Nearly Its Entire Life
Fastidiously Cared for and Maintained
Highly Optioned and Fully Accessorized

Technical Specs

5,474 CC DOHC V-12 Engine
Bosch Motronic Fuel Injection
485 BHP at 7,000 RPM
6-Speed Manual Transaxle
4-Wheel Ventilated Disc Brakes
4-Wheel Independent Suspension with Coil Springs and Electronically Adjusted Shock Absorbers
Register to Bid

Joseph A. Perella, New York, New York (acquired new from Ferrari-Maserati of Long Island)Current Owner (acquired from the above)

With a large-capacity normally aspirated V-12 mated to a six-speed manual transmission, the Ferrari 550 Maranello is a modern iteration of the classic configuration that is perhaps most associated with the legendary marque. This low-mileage, well-documented example that enjoyed long-term ownership is distinguished by superlative condition and unusual options.

The 550 Maranello represented a departure in design, with Ferrari’s V-12 model moving from the mid-engine setup seen on the 512/Testarossa era machines back to a traditional front-engined configuration, as on the famed Daytona. From the time the 550 evolved into the 575M, most V-12 Ferraris would leave Maranello with a semiautomatic, two-pedal configuration. It is difficult to understate the importance of that third pedal, the clutch, which creates a direct connection between the driver and the 485 bhp V-12.

Sold new on June 28, 1998, through Ferrari-Maserati of Long Island, chassis 2768 is resplendent in Grigio Titanio over a dark blue leather interior, with many options aimed at enhancing its abilities as a grand tourer, including the carbon trim package, Daytona seats, quilted rear shelf, a color-matched six-piece custom Connolly leather luggage set, and a spare tire and wheel kit.

The 550 Maranello has been fastidiously maintained at the original selling dealer, and is supplied with extensive Ferrari service history covering both minor and major services, with very few miles recorded since the new seals and gaskets were fitted.

A large dossier of supporting documentation is supplied with the sale, including the original purchase paperwork, original owner’s manuals in their folio, and period publications. Also part of the lot are a second set of keys, Ferrari seat covers, a leather spare tire cover, an emergency tire bag, a steering wheel cover, a tire inflator and dust cover, and an emergency light, all stowed in an authentic Ferrari bag. The Connolly leather luggage set is unused and remains in its dust covers. A CARFAX Vehicle History Report notes service history. Today, 2768 presents astonishingly well: Its paint, upholstery, and finishes are exceptionally clean.

Ferraris with V-12 engines and manual transmissions driving the rear wheels, wrapped in two-door bodies designed by Pininfarina, represent one of the high points of postwar automotive design. With thorough documentation, diligent care from its long-term owner, and an outstanding Ferrari service history, this spectacular 550 is set apart by its unusual color combination and rare options, and represents a very exciting opportunity for any discerning collector.