TODAY 6 FEB Exclusive Ferrari News

...Ferrari sold at auction, this immaculate Ferrari is expected to sell for US$2.9 million (AU$4.5 million/NZ$5.7 million) when it goes under the hammer at the US island resort. The Ferrari 250 GT California Spyder is powered by – of course – a V12 engine, producing 240 bhp from its 2953cc in this particular variant. The California name clearly signifies the importance of the American market to Ferrari. From the marque’s earliest days, Ferrari’s reputation for fast, elegant and desirable automobiles has been, at least as strong in the U.S. as in Europe, largely through the efforts of Luigi Chinetti and importers like John von Neumann. Chinetti, demonstrating the cars’ performance with his North American Racing Team and the support of Von Neumann, Parravano and others, exploited the fertile American market for Ferrari’s racing cars.

The factory-affiliated teams’ success generated sales both of new racing cars and ex-team cars. Ferrari developed specific models, such as the two-liter Monzas and Mondials, for the North American market and the racing classes that attracted wealthy amateur – and some professional – drivers who could afford to buy and race the very best. The success of Ferrari in America supported the factory’s Grand Prix and sports racing car teams for years, just as it does today.

Ferrari’s burgeoning reputation and racing success also encouraged the market for its road cars with, again, specific models like the 375 America and Superamerica series being developed to satisfy American buyers’ desires for large engines and luxurious, long-legged gran turismos. The American dealers identified market niches and Ferrari built cars to fill them, small series of brilliantly integrated design and performance emphasizing the synergy among Ferrari and a few gifted designers and coachbuilders, notably Pinin Farina and Scaglietti.

At the same time Ferrari developed, built, raced and successfully sold a middle group of automobiles, dual-purpose gran turismos that traded luxury and creature comforts for light weight and high performance. Ranging from thinly disguised race cars like the 250MM and 340 Mexico, to sparsely-equipped road cars, Ferrari’s GT racers performed admirably in the long distance open road races of the fifties. The first of these dual-purpose Ferraris to achieve some semblance of series production was the second series of 250 GT Europa with three-liter Colombo engine. Bodied by Pinin Farina, some 36 were built and they demonstrated their effectiveness in competition. But GT competition was becoming more intense, so in 1956 Ferrari introduced two new versions of the 250 GT: the Boano/Ellena-bodied coupe road cars and the lightweight racing berlinettas built in limited numbers by Scaglietti to a Pinin Farina design.

The latter earned its stripes in the Tour de France and has become synonymous with that great event which covered routes around France with competitive events at tracks and hillclimbs to determine the ultimate winner. Built on the same 2,600mm wheelbase chassis as the Boano/Ellena, the 250 GT Tour de France dominated gran turismo competition and its combination of exceptional performance and good looks has made it one of the most desirable Ferraris.

At the same time Ferrari and Pinin Farina cooperated to create the first series of 250 GT cabriolets, the counterparts of the Boano/Ellena coupes. These luxurious and individually custom-built cabriolets were created for gentleman drivers who wanted open-air Ferraris to cruise the boulevards of sunny resorts with style and flair.

The American market, however, wanted something more than a fast, sparsely-equipped berlinetta or comfortably appointed cabriolet. Americans wanted a fast, sparsely-equipped convertible Ferrari sports car, the convertible counterpart of the Tour de France berlinettas. Whether it was Luigi Chinetti or John von Neumann who first pointed this out to Ferrari is immaterial. What is important, however, is that Ferrari responded with the California Spyder. Pinin Farina based the California Spyder on the design of the Tour de France. Scaglietti rendered Farina’s design in metal and whether it is the raked windshield, or clean roofless line, Scaglietti’s execution is without doubt one of the most beautiful Ferraris ever built.

California Spyder production began in 1958, and some 11 examples had been built by the time it was announced as a separate model in December 1958. One California Spyder was entered by NART at Sebring early in 1959 and driven by Richie Ginther and Howard Hively. It finished ninth overall (behind four Testarossas and four Porsche RSKs) and won the GT class. Le Mans in 1959 conclusively demonstrated the performance of the California Spyder as the NART-entered, alloy-bodied car driven by Bob Grossman and Fernand Tavano finishing fifth overall. Chinetti even found a way to make an impression on American drag racers with a sub-14 second steel-bodied California Spyder.

The car offered at the Amelia Island event, 1307 GT, is the twenty-third of the total fifty long wheelbase California Spyders and is unique among them for several desirable and distinctive features, including the unusual Superamerica-style front fender vents and an insert air intake on the hood. Delivered on March 27, 1959 to Prince Alvise Hercolani of Modena, its certificate of origin was issued by Ferrari on April 3, 1959.