Vintage Motor Cars at Amelia Island

10 March 2007

Lot 237

1972 Ferrari 365 GTS/4 Michelotti Nart Spyder

To be auctioned on Saturday, March 10, 2007

Sold for $385,000

  • Chassis no. 16467


Specifications:
352hp, 4,380cc twin overhead cam all-alloy V12 with six Weber twin choke carburetors, five-speed manual gearbox, four-wheel independent suspension and four-wheel disc brakes. Wheelbase: 94.5"

By the late sixties, Lamborghini and others were offering double overhead cam engines with multi-carb setups. Although Ferrari’s 275 GTB/4 was more than a match in performance, the public wanted more sophistication. The result was the car many consider Ferrari’s ultimate road car, the 365 GTB/4 Daytona.

Introduced in 1968 with production beginning in 1969, the 365 GTB/4 was Ferrari’s response to an evolving market and, even more important, changing regulations in its most important market, the United States, where increasingly stringent emissions standards and rigid safety-related regulations had made the previous generation of Ferraris a difficult sell. The 365 GTB/4 was bigger, both in bulk and in the power to propel it, more luxuriously equipped and was wrapped in a Pininfarina-designed, Scaglietti-built body that was equally a departure from earlier Ferraris.

Not only did the Daytona offer the features, it delivered the goods. It was the fastest production car of its time, with a top speed just over 174 miles per hour. And yet – with power brakes, air conditioning, and leather interior – it was also a high speed “gentleman’s express.” One of the last hand built Ferraris, the Daytona is one of the most desirable Ferraris of all time.

The 365 GTB/4 was given the name “Daytona” after Ferrari’s victory in the Daytona 24 Hours and took off to sales success. Road & Track magazine summed up the Daytona’s attributes succinctly, sub-heading their October 1970 Road Test, “The fastest – and best – GT is not necessarily the most exotic.” It was still a front-engined, rear wheel drive berlinetta but what a sublime, powerful and highly developed berlinetta it was. The V12 engine was barely recognizable as derived from Gioacchino Colombo’s 20 year old design, lengthened to accommodate the 81mm bore needed to give it 4,390cc of displacement, fitted with twin cam cylinder heads for high rpm and better breathing through a sextet of Weber 40 DCN 20 carburetors. Its increased displacement was needed to deliver sufficient power to cope with the air injection system required to meet U.S. emissions regulations and also to propel the Daytona’s not inconsiderable bulk. Early in its development Ferrari quoted a target weight of 2,640 pounds. In production it weighed in at well over 3,000 pounds.

The Daytona’s engine, however, was up to the challenge. Its top speed was three miles per hour faster than the Miura’s and it out accelerated its mid-engined competitor by half a second in 400 meters. It was a mighty automobile that handled as well as it went thanks to 7 1/2 inch wide, 15 inch wheels, 215/70 Michelin tires and Ferrari’s four-wheel independent suspension with coil springs and tube shocks that had proven itself in nearly a decade of successful Ferrari sports racing cars.

The example presented here is an original Daytona Spyder, the 71st car built of a total 121. It is an original left hand drive model built for the United States market. Inspection of the build records reveals the original paint color was light red with black leather seats and a full black interior, air conditioning and instruments for the U.S. market. Upon completion by Ferrari, 16467 was sent to Modern Classic Motors, Reno, Nevada. It was then promptly sold to a Mr. Greer.

In 1975, while being used in the filming of the movie “A Star is Born” (Warner Bros, Kris Kristofferson, Barbara Streisand), it was badly damaged. Upon needing substantial repair, 16467 was sold to Luigi Chinetti who repaired the car at an internal cost of $6,000. Instead of repairing the bodywork in its original style, Luigi Chinetti commissioned Giovanni Michelotti to design and execute a special one-off body for the car. The approach to the design and construction of the car is in that typical “carrozzeria tradition” the customer, not the maker, has gone to Michelotti, to ask him to design and build a limited number of cars. Although the Ferrari Daytona, is out of production at Maranello, Luigi Chinetti gave Michelotti the task to come up with a contemporary, exclusive spyder with the confidence he could get the right car. And as everybody can see, he was not wrong. Although neither probably knew it at the time, this was the last car the great Giovanni Michelotti ever designed.

Due to the large 12-cylinder engine in the front, Michelotti found designing the front a challenge, but with a thin bumper, pop up lights and straight but clean lines, Michelotti masterfully solved the problem. The interior was also redesigned with simple but contemporary lines, while maintaining a rather classic layout for the original, factory mounted instruments. The upholstering of seats is in leather, and inserted in the fascia and door panels is a warm dark brown cloth. The beige soft top is a conventional convertible design, as the car is expected to be driven in warm and sunny climates.

The newly redesigned Michelotti NART Spyder was proudly displayed on the Michelotti stand at the Torino Motor Show in 1980. From that point on, 16467 has been in the tight clutches of just a few collectors in the United States and today remains in very presentable overall condition, ready to be driven and enjoyed at all speeds.

Please contact our exclusive automotive transportation partner, Reliable Carriers, for a shipping quote or any other information on the transport of this vehicle.

Alain Squindo


Detroit, Michigan

Alain Squindo joined RM Auctions in 2007, after graduating from Georgetown University in Washington, D.C., with a degree in History. R... read more

Alex Classick

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+44 (0) 20 7851 7070
United Kingdom

Alex Classick joined RM Europe in 2011 as a car specialist, after graduating from Nottingham University with a degree in Business Mana... read more

Alexander Weaver

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+1 310 559 4575
California, USA

Alexander Weaver joined RM Auctions in 2011 as a car specialist, after graduating from Furman University in South Carolina. Born into ... read more

Annette Abaci

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+49 (0) 40 441 95 737
Germany

With post-secondary degrees in Economic Science and Mechanical Engineering, Annette Abaci initially worked part-time at Mercedes-Benz ... read more

Augustin Sabatié-Garat

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+44 (0) 20 7851 7070
United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a senior car specialist, after more than a decade in the collector car hobby... read more

Dan Warrener

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Ontario, Canada

Possessing a degree in Economics from Brandon University, Dan Warrener spent the initial stages of his career working around the globe... read more

Don Rose

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United States

Don Rose joined RM Auctions in 2006, after many years of professionally trading sports and classic cars, and after earning a reputatio... read more

Donnie Gould

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+1 954 566 2209
Florida, USA

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

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Ontario, Canada

Gord joined RM Auctions in 1998, initially responsible for the transportation and logistics of the company’s auction and restora... read more

Ian Kelleher

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+1 212 894 1301
New York, United States

Ian Kelleher began his automotive career immediately following his graduation from Oberlin College, with a B.A. in Political Science. ... read more

Jack Boxstrom

jboxstrom@rmauctions.com

+1 818 703 2816
Ontario, Canada

Jack Boxstrom joined RM Auctions in late-1996 to assist with the recently acquired, and subsequently record-breaking, auction in Monte... read more

Max Girardo

mgirardo@rmauctions.com

+44 (0) 20 7851 7070
United Kingdom

Max Girardo started his career in the vintage automobile industry in 1998, joining Brooks Auctioneers (now Bonhams) as a car specialis... read more

Mike Fairbairn

mfairbairn@rmauctions.com

+1 519 352 4575
Ontario, Canada

As one of the three founding partners of RM Auctions, Mike Fairbairn has a longstanding interest in the classic car industry. Graduati... read more

Peter Wallman

pwallman@rmauctions.com

+44 (0) 20 7851 7070
United Kingdom

Peter Wallman joined RM Europe in 2007, following nearly two decades in the international advertising industry, read more

Peter Giddings

pgiddings@rmauctions.com

+1 925 831 2048
California, United States

A life-long car enthusiast, Peter joined RM’s California office with over half a century of experience in the automotive and rac... read more

Peter Blond

pblond@rmauctions.com

+44 (0) 20 7851 7070
United Kingdom

Peter Blond joined the RM Europe team in 2013 after being immersed in the collector car industry for more than 60 years. An... read more

Rob Myers

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+1 519 352 4575
Ontario, Canada

As chairman and founder of the RM Group of Companies, Rob Myers’s entire career has been devoted to the classic car industry. Ro... read more

Shelby Myers

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+1 310 559 4575
California, USA

Shelby Myers literally grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to w... read more

Vinnie Mandzak

vmandzak@rmauctions.com

+1 310 559 4575
California, USA

Vinnie Mandzak joined RM Auctions’ California office in 2012 as a car specialist, following more than 30 years’ experience... read more

Jeff Whiteside

jwhiteside@rmauctions.com

+1 519 352 4575
Ontario, Canada

Jeff Whiteside joined RM Auctions as Chief Operating Officer and Chief Financial Officer following almost three decades in a diverse r... read more