Yahoo Autos The First Ferrari 275 GTB/4 Is Headed to Auction
The 275 is justifiably one of the most celebrated Ferraris of all time, especially when equipped with the firm's legendary quad-cam V12. Arbiter-of-cool Steve McQueen owned a 275 GTB/4, so you know it has to be good. Now, the first 275 GTB fit with a quad-cam V12 is headed to auction in London, where it's expected to fetch up to $3.2 million (£2.5 million GBP).
This Rosso Corsa example, chassis #08769, was first shown at the Paris Motor Show in 1966, two years after the original single-overhead-cam 275 GTB first made its debut. Notably, the 275 GTB was the first Ferrari road car with independent rear suspension, and a rear-mounted transaxle. The 3.3-liter V12 in the 275 GTB/4 came equipped with six twin-choke Weber carbs standard, and produced around 300 horsepower.
The 275 GTB's gorgeous shape came from Pininfarina, while the alloy body was built by Italian firm Scaglietti. Approximately 300 275 GTB/4s were built before production ended in 1968 and the car was succeeded by the legendary 365 GTB/4 Daytona.
This particular example has a well-documented history and has hardly been driven since being acquired by the current owner in 2004. Auction house Coys recommends a "light reconditioning" if the new owner intends to drive this car.
While $3.2 million sounds like an awful lot for an old Ferrari, note that Steve McQueen's 1967 275 GTB/4 sold for over $10 million in 2014. And in 2013, an example of the ultra-rare drop-top version of this car, the 275 GTS/4 NART, sold for a staggering $27.5 million.
Suddenly, $3.2 million doesn't sound so bad.
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