Feb 26, 2024  •  For Sale  •  21 Comments

Garage Find: 1960 Ferrari 250 GT Series II Cabriolet

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Until the 250 GT Pininfarina was launched, Ferrari model production numbers ranged from a few-handfuls to slightly less than 100 copies. Many were customized to buyers’ tastes. By the mid-1950s, the company knew it needed to sell more road-going models both to buttress its finances and to strike a balance between sportiness and luxury for customers who wanted a touring vehicle. The 250 GT Europa/Boano/Ellena sequence led Ferrari to hire Pinin Farina to design and build its next series. Pinin Farina was about to open a new plant to upgrade its capacity, which would be suitable for the numbers Ferrari contemplated. The first versions of its cabriolet – with glass-enclosed headlights, a svelte rear end, and sinuous sheet metal in between, still gave the impression of “sporty first, comfort second”. Just 40 first-series cabriolets were built before a re-design. The new car had stand-up headlamps, more cabin space, vent windows, and a slightly larger trunk. An example of this elegant tourer will be offered by Gooding at its February 29/March 1 Amelia Island auction: this 1960 Ferrari 250 GT Series II Cabriolet is one of 200 made and its illustrious provenance includes an appearance in the 1964 Pink Panther movie while the car was owned by Robert Wagner. Delivered in a grey-over-red color combination, the car’s body number and driveline correspond to a different 250 GT cabriolet – a happenstance that has no good explanation but is assumed to have occurred during production. The car was found in a California garage, having been dismantled for restoration some thirty years ago. The estimate is $1.0 to $1.3 million.

Ferrari chose its tried and true Columbo sixty-degree 3.0-liter V12 to occupy the engine bay, but for the time being, this one’s engine is apart. Its three down-draught Webers can be seen in the parts pile, along with the crank, sump, and exhaust manifolds. The new owner will be rebuilding this 240 hp powerplant and more than likely, its four-speed synchromesh/overdrive gearbox. By 1959, the 250 GT was supplied with four-wheel disc brakes. Performance was more than adequate: zero to sixty came in at 6.2 seconds and top speed was around 150 mph.

Inside, remnants of that rich red leather remain. Its seats are with the car and are upholstered in tan rather than red, but who cares. Everything needs complete refurbishment here anyway. The trunk still contains the spare, but we can bet all those Borrani’s will need to be refurbished or replaced. The full set of Veglia gauges is present, along with an Autovox radio.

This Ferrari is many months and cubic dollars away from its first drive in thirty years. For the buyer who doesn’t want to wait to complete a restoration, a modicum of patience could net a nice alternative. Here in England is a lovely Blu over Tan example awaiting a new owner who’s willing to pay £1,495,000; last month this example failed to sell at $1.65 million, so it’s still available. Neither of these has the albatross of mismatched numbers, but neither starred in Pink Panther, either. I’ll be a bit surprised if this meets the low end of the estimate; what do you think?

* Copyright and Courtesy of Gooding & Company, Images by Brian Henniker.

Comments

  1. Howie
    Feb 26, 2024 at 6:18pm

    Is it on Craig’s List too?

    Like 5
  2. chrlsful
    Feb 26, 2024 at 8:06pm
  3. bobhess bobhessMember
    Feb 27, 2024 at 5:44am

    Lot of money for an old, not so good looking car in the first place. “If you got the money honey I’ve got the time” applies here.

    Like 4
  4. Upchucked
    Feb 27, 2024 at 6:39am

    Who would do that to a Ferrari? Me thinks something is amiss!

    Like 4
  5. Mark
    Feb 27, 2024 at 7:08am

    Ferrari? Hmmm, reminds me of my old 67 Datsun 1600. Same colors, inside and out.

    Like 4
    • Chris McMillin
      Feb 27, 2024 at 8:20am

      I looked at a ’62 Spyder in about 1999 at a Newport Beach dealer in used Ferraris. Black, good engine and trans and rear end because of low miles, and continual maintenance, decent wire wheels and new tires. Interior needed done and I chose black, he said $55,000 and the interior would be $9,000 including top. My new fiance wondered if we should need such a car. If only I had bought it, and the cheapest house on her block in Pacific Palisades!

      Like 4
    • jwaltb
      Feb 29, 2024 at 7:39am

      Opening picture looks like one, too!

      Like 0
  6. artyparty
    Feb 27, 2024 at 7:43am

    Thank goodness it’s got the original ashtray. That would have been a deal breaker!

    Like 3
  7. Eric_13cars Eric_13carsMember
    Feb 27, 2024 at 7:57am

    Well, I guess it’s a barn find…for $1.3M…yeah, pocket change for most of us members.

    Like 4
  8. Will Fox
    Feb 27, 2024 at 8:00am

    Bite your tongue! This car is instant GOLD. As true ‘barn finds’ go, this is the mother load! This deserves to be brought back to factory specs! It would take trophies Nationwide.

    Like 8
    • jwaltb
      Feb 29, 2024 at 7:36am

      Life.

      Like 0
    • Jwaltb
      Feb 29, 2024 at 7:37am

      Lode.

      Like 1
  9. RichardinMaine
    Feb 27, 2024 at 8:42am

    Will be interesting to see what it brings at auction.
    How many years and dollars to restore it?

    Like 1
    • Ta DahMember
      Feb 27, 2024 at 12:02pm

      Too many and too much!

      Like 2
  10. alfa2600
    Feb 27, 2024 at 11:50am

    yes I know it is not the same but at a much lower cost to enter the world of classic cars, my old Alfa Romeo 2600 Spider.
    https://bringatrailer.com/wp-content/uploads/2019/06/1963_alfa_romeo_2600_spider_1566864817e1fa4c77b5c58IMG_2120-e1568752858909.jpg?fit=940%2C628

    Like 3
    • fxchrisMember
      Feb 28, 2024 at 9:08am

      Absolutely beautiful and you’re not afraid to drive it! Best of both worlds!

      Like 0
  11. robbert
    Feb 27, 2024 at 7:16pm

    Brutal beauty!

    Like 0
    • I_cant_drive_65
      Feb 27, 2024 at 10:01pm

      Kinda gives off a Ferris Beuller vibe! …but a real Ferrari such as it is in this condition. A diamond in the rough for sure

      Like 2
  12. Slimm
    Mar 1, 2024 at 8:09pm

    Did anyone see what the high bid was?

    Like 0
  13. Jerry Webster
    Mar 9, 2024 at 9:25pm

    This was a once in a lifetime opportunity to acquire a car with such a solid gold history with ties to royalty as well as iconic Hollywood figures and culturally beloved movies.
    How many more can be found unrestored? How many others can claim ties to Italian princes, Audrey Hepburn and Robert Wagner?? The original Pink Panther which is a beloved American movie dynasty in itself…
    The fact remains the car has the drivetrain that was installed in it since day 1 as well as paper documentation to back up all the claims. It’s a one of a kind and I’d venture to say perhaps the most rich and valuable of all the 250 GT series 2 cabriolets ever produced.
    This one once restored should be a total knockout and an attention sensation.

    Like 2
  14. Araknid78
    May 23, 2024 at 7:33pm

    sold $940,000

    Like 0

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