1959 Ferrari 250 California LWB

VIN: 1451GT

$9,465,000

Sold

1959 Ferrari 250 California LWB
1959 Ferrari 250 California LWB
1959 Ferrari 250 California LWB

Seller details

Vehicle specs

  • Chassis/VIN

    1451GT

  • Body style

    Alloy Spider

  • Odometer

    37006 k

  • Engine Type

    V12

  • Horsepower

    240

  • Induction

    3x2 bbl

  • Interior Color

    Blue, Black

  • Exterior Color

    Silver

  • Generation

    1957-1963 Ferrari 250 California Spider

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

2953/260hp, triple Weber carburetors, 4-speed, aluminum body, Borrani wire wheels, Michelin tires, fog lights, external oil cooler, 35-gallon fuel tnak woodrim steering wheel.

Condition

#1 Concours

World-class. Could compete in the world’s best Concours d'Elegance events.

About Hagerty’s condition ratingsClose

The second of eight alloy-bodied 250 California Spider Competiziones. Placed fifth overall and a class podium at the 1959 24 hours of Le Mans under the ownership of Bob Grossman. Then, it had extensive racing history in 1959-60 under his ownership. Represented as the first California Spider equipped from the factory with competition-spec, Type 128 F engine. Restored once in the early 1980s and again in the early 2010s. Ferrari Classiche certified. The paint and body are spectacular with no flaws worth mentioning. The brightwork is like new. The engine and underbody are pristine and the interior is like new. A spectacular restoration with an equally spectacular history. The star of this sale.

Market commentary

And it was the most expensive car in Amelia this year. Nevertheless, we're a bit shocked at how low this price is. California Spiders, especially competition-spec ones with good racing history, are typically eight-figure cars and have been for a long time. This one, in fact, sold at auction in 2017 for $17,990,000. Its odometer shows just 342 more km (213 miles) than it did in 2017 and it's in essentially the same condition. Even Broad Arrow's $10M-$14M estimate proved ambitious. The difference between these two results is a head-scratcher, and not a great sign for the '50s Ferrari market.

Hagerty Price Guide

Hagerty Price Guide has been published since 2006 and is compiled by more than a dozen people who monitor auction results, asking prices, and private sales activity for the entire collector car market.

1959 Ferrari 250 California

2dr Alloy Spider

12-cyl. 2953cc/240hp 3 Weber Carbs

View details
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
None
#4 Fair condition#4 Fair
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