1959 Ferrari 250 Gt Lwb California Spider
A pristine 1959 Ferrari 250 GT LWB California Spider, a legend among collectors, is poised to ignite the auction world. This rare vehicle, meticulously restored and boasting an unparalleled pedigree, is expected to fetch a staggering price.
This article details the history, significance, and upcoming auction of this exceptional Ferrari, outlining its key features and why it commands such immense interest from automotive enthusiasts and investors alike. It is a look at the vehicle's provenance and the circumstances surrounding its sale.
A Storied Past
The 1959 Ferrari 250 GT LWB California Spider, chassis number 1451 GT, is one of approximately 50 long-wheelbase (LWB) examples ever produced. It was conceived by Ferrari's North American importer, Luigi Chinetti, specifically for the American market.
These Spiders were designed for open-top cruising and competition, embodying a blend of elegance and performance. The car quickly became a favorite among Hollywood elite and discerning enthusiasts.
Originally finished in a striking Rosso Chiaro (light red) with a beige leather interior, this particular example boasts a documented history. It has passed through the hands of several notable collectors.
Under the Hood
At the heart of the 250 GT LWB California Spider lies a 3.0-liter Colombo V12 engine. This engine, designed by Gioacchino Colombo, produces around 240 horsepower.
Paired with a four-speed manual transmission, it delivers an exhilarating driving experience. The car's performance characteristics, coupled with its stunning design, made it an instant icon.
This specific car has been mechanically rebuilt, ensuring it performs as flawlessly as it did when it left the factory. Every component has been meticulously inspected and restored to original specifications.
Restoration and Provenance
This 250 GT has undergone a complete, concours-level restoration by renowned Ferrari specialists. The restoration preserved the car's originality while ensuring its mechanical integrity.
The meticulous work included a bare-metal repaint, a re-trimming of the interior, and a complete engine overhaul. The car retains its original chassis, engine, and gearbox, which are crucial for its value and authenticity.
Documentation accompanying the car includes its original build sheets, restoration photos, and a detailed history report. This extensive provenance adds considerable value and reassurance to potential buyers.
Auction Details
The 1959 Ferrari 250 GT LWB California Spider will be offered at auction by RM Sotheby's. The sale will take place in Monterey, California.
The auction is scheduled for August 17th, 2024. Pre-auction estimates place the car's value in excess of $12 million.
Bidders are expected from around the globe, eager to acquire this piece of automotive history. The car's rarity, condition, and documented provenance make it a highly sought-after item.
The Allure of the California Spider
The Ferrari 250 GT LWB California Spider represents the pinnacle of automotive design and engineering from the late 1950s. Its elegant lines, powerful engine, and open-top configuration embody the spirit of the era.
Its historical significance and association with celebrity ownership have only enhanced its desirability over the years. The California Spider remains one of the most coveted Ferraris ever produced.
The auction of this particular example presents a rare opportunity for collectors to acquire a true automotive masterpiece. It serves as a reminder of Ferrari's enduring legacy in the world of high-performance sports cars.
Looking Ahead
The upcoming auction is expected to generate significant interest and potentially set a new record for a 250 GT LWB California Spider. Automotive historians and enthusiasts will be closely monitoring the sale.
Potential bidders are encouraged to review the extensive documentation and inspect the car personally prior to the auction. RM Sotheby's will provide further details and facilitate inspections.
The fate of this exceptional Ferrari, whether it finds a new home in a private collection or a museum, remains to be seen. The auction marks a significant event in the world of classic car collecting, reinforcing the enduring appeal of the Ferrari marque.
