Mangusta thread | Page 38 | FerrariChat

Mangusta thread

Discussion in 'Other Italian' started by Mang, Jan 10, 2009.

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  1. MRG22

    MRG22 Formula Junior

    Oct 19, 2010
    497
    California
    Full Name:
    Mike Gulett
  2. Mark Charlton

    Mark Charlton Karting

    Jul 17, 2006
    143
    Full Name:
    M
    I completely agree on the color. It is also an extremely original car — although having been repainted once already, and already showing some signs of bubbling in places, it can't be considered a perfect time-capsule car. There have been some mechanical mods and upgrades made to improve drivability as well, but these may appeal less to the true originality connoisseur. It is still, in my opinion, one of the most striking, honest and desirable Mangustas out there.

    I will, like so many others, eagerly await the results of the auction. I've already increased the insurance valuation on mine as the bar seems to have climbed a lot over the last few years. Still, of the three or four cars on offer now at over $200K, I am not aware of any of them actually being sold yet. Cars in the mid $100Ks do seem to be selling however.

    Mark
     
  3. testamon

    testamon Formula Junior

    Aug 16, 2008
    346
    Sydney
    Full Name:
    Mike O
    Having seen this car in the flesh it has a real presence and the apple green colour really suits the car. There are very minor issues that can be addressed, however the major items have been sorted by Johnny Woods. Talking values -I would have thought the bottom of this range to be quite low for a car with this provenance. At the end of the day we are getting to the last of the 60's supercars that were designed and built by artisans with a real passion to make their mark and the world market is always going to respond to supply and demand with the odd blip- this car may well be this BLIP!
     
  4. Pantera1889

    Pantera1889 Formula Junior

    Jul 6, 2006
    344
    Maryland

    What happened to the posts from Group 4??
    I am interested in set of wheels for a project that I am working on.

    Ron
     
  5. testamon

    testamon Formula Junior

    Aug 16, 2008
    346
    Sydney
    Full Name:
    Mike O
    Compomotive the company under which Group 4 produced their wheels has gone into liquidation. Not sure how that will effect Group 4 in the future, but hopefully they can continue to produce wheels for the enthusiast market.
     
  6. Mang

    Mang F1 Veteran

    Jul 11, 2007
    5,977
    ta HO
    Full Name:
    Mike S.
    Car sold for 180k euros... $245k
     
  7. MRG22

    MRG22 Formula Junior

    Oct 19, 2010
    497
    California
    Full Name:
    Mike Gulett
    At the current exchange rate the price sold is:

    £180,000 ($294,615) (216,815 Euros).
     
  8. velocetwo

    velocetwo F1 World Champ

    Dec 11, 2006
    12,545
    Left Coast
    A new record that starts to bring the Mangusta in line with other top cars of the era,

    Pantera owners should take note that originality is the key to higher resale values.
     
  9. Mang

    Mang F1 Veteran

    Jul 11, 2007
    5,977
    ta HO
    Full Name:
    Mike S.
    Oops...I mistook that pound sign for a euro sign, thanks for the correction Mike

    Wow, even more impressive number.
     
  10. johnvwatts

    johnvwatts Formula Junior

    Jul 7, 2007
    523
    England
    Full Name:
    John v watts
    Just looking at the bonhams site it sold for £200,000 ($330,000) with the buyers premium.
     
  11. MRG22

    MRG22 Formula Junior

    Oct 19, 2010
    497
    California
    Full Name:
    Mike Gulett
    You are correct - when I looked early this morning they must have shown the hammer price so now the Bonham's site says:

    Sold for £203,100 (US$ 331,959) inc. premium

    I think this is a world record for a Mangusta at a public sale - does anyone disagree?
     
  12. amenasce

    amenasce Three Time F1 World Champ
    Silver Subscribed

    Oct 17, 2001
    34,609
    Full Name:
    Joe Mansion
    Insane.

    It must be a world record. The Ghibli SS is then the bargain at an average of $160-180k.
     
  13. velocetwo

    velocetwo F1 World Champ

    Dec 11, 2006
    12,545
    Left Coast
    Not insane, it's a beautiful design.
     
  14. Mark Charlton

    Mark Charlton Karting

    Jul 17, 2006
    143
    Full Name:
    M
    Wow. All I can say is that it was an impressive car and an exceptional sale result.
     
  15. Mang

    Mang F1 Veteran

    Jul 11, 2007
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    Mike S.
    No doubt, the highest price paid for sure. Not surprised, when extreme beauty is combined with extreme rarity, and a vintage car market that has never been 'hotter', this is the kind of result seen at auctions like these. 'Market' value for all Mangusta's now gonna base close to $200k.
     
  16. Jamesark

    Jamesark Karting

    Nov 12, 2007
    173
    Mike was spot on....
     
  17. puebla

    puebla Karting

    May 31, 2007
    93
  18. DenisC

    DenisC Formula 3

    Oct 11, 2009
    1,132
    I think this is the 3 or 4th time the publication date has been postponed. Too late for 2013 for sure. I sent a note to Mark a while back and his reply did not state any urgency to produce. EauRouge has a generic comment (zero details). I have also contacted some of the most knowledgeable people on DeTomaso and they seemingly have not been contacted, even if only for proofreading.


    Puebla, any updates on the white museum Mangusta?
     
  19. puebla

    puebla Karting

    May 31, 2007
    93
    The owner of the white Mangusta in México is incommunicado, and hasn't replied to any messages I've sent him. The last shred of info. I found on the web seemed to indicate that someone had made an offer for the car, and he had turned it down. Wise move, if he has been keeping up with the skyrocketing value of Mangusta's.
     
  20. bitzman

    bitzman F1 Rookie
    BANNED

    Feb 15, 2008
    3,287
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    wallace wyss
    I hope I didn't mention this before--don't have time to read all 944 posts first . Anyhow I am recalling when I was driving through Burbank maybe 25 years ago and pass a body shop and there is this brown Mangusta. I pull in and talk to the owner, a tall blonde guy who has hit the nose fairly hard, and is leaving it for repair. His car had the full width sunroof (replaceable panel?) and short backed Dino seats from a Ferrari Dino, in brown. Later on I hear the car is in San Diego area, maybe a few miles North like Solana Beach, and the owner sent me a picture, still hadn't been repaired. My question is: is this the same full width sunroof car that was in Automobile Quarterly and on the cover of Sports Car Graphic? That car was red, had rectangular exhausts, outside rear deck hinges, bulbous two color (orange and white) side marker turn signals in front, blacked out chrome trim (way before Porsche thought of it). I thought that car was the personal property of the Haskell family, it had personalized NJ plates in one of the magazines AML Amory Haskell was Mrs. DeTomaso's brother's name, later killed in plane crash while visiting dealers to sell the DeTomaso franchise. Coincidentally Dean Paul Martin Jr. also later killed in a plane crash (National guard).
    I'd like to know what Martin sold the car for and if it's been restored today and if the brown car he had was the AQ/Sports Car Graphic car?
     
  21. DenisC

    DenisC Formula 3

    Oct 11, 2009
    1,132
    #946 DenisC, Dec 24, 2013
    Last edited by a moderator: Sep 7, 2017
    Wally, 2 different cars, The brown car was Ricci Martin's car, it has a 2pc solid roof panels, it was in damaged state for a long time, currently in a secret location under restoration.

    The red car (8MA504) was sold about a year ago, it was in a thousand pieces awaiting a patient owner to reassemble it. It also had unique features (external wing, hinges, glass roof, large side markers, no finger pockets, center swing wipers, vented gills, horiz AC slots)
    Image Unavailable, Please Login
     
  22. Mang

    Mang F1 Veteran

    Jul 11, 2007
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    Denis, did this car also have 10" rear wheels with 285/50/vr15" Pirelli P7 tires....225/50's up front? I know it is being restored, can't wait to see it done.
     
  23. bitzman

    bitzman F1 Rookie
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    I think in the AQ feature story on it, Don writes as if it is his own car.
    I think he got it at a real deal, maybe that was the factory demonstrator.
    It seems in the pictures to have deep dish rear wheels like the Mangusta spyder with added little gussets to give them more strength on the spines.



    But was it the same car on the cover of Sports Car Graphic? Didn't that car have NJ plates with AH in the initials, Amory Haskell was Mrs. DeTomaso's brother.

    Also it seems that SPG picked on the Mangusta, they did that series of tests showing it spinning out and ended up recommending putting a sandbag up front to even the weight. Was this because British Motor Car Distributors wouldn't buy enough ad space? Or Paul Van Vaulkenberg showing he was a good development engineer?
    My opinion is, if the red car pre-dates all other Mangustas , it could be the most valuable car going by the usual collector rule of "first car and last car" are the most revered,
    not counting the one-off Mangusta spyder.
     
  24. DenisC

    DenisC Formula 3

    Oct 11, 2009
    1,132
    this appears to have been the early magazine cover car

    The early write ups are quite interesting, I own a later car and went thru some of the specs, for instance they indicate the car has a road clearance of 6 inches, well mine only has 3. the car SPG tested was a white Mangusta, from pictures it was an early car (2pc seat, switches low in dash) but it was not the red car repainted (hinges not apparent on the wings)

    please note this was one of the first mid engine cars, and may have not been thoroughly tested, it had different size tires front and rear and I wonder if the team at the time quite understood the principles. They messed with a lot of things and apparently totally screwed-up it up. I don't recall where I read it but the owner took some time to reset the car.

    A later article/interview was done with Jonathan Williams (former F1 driver) as the factory car tester.(Pete Coltrin R&T April '69) He may have had some influence on set-ups.
     
  25. bitzman

    bitzman F1 Rookie
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    J. Williams was short. DeTomaso was short, so I think one problem was the car was built for guys 5'6" not 6' like a lot of Americans.
    The different size tires front and rear--I guess the car would handle better with that but I don't know if that was legal back then. And then which size do you pick for a spare? Ironically Paul van Valkenberg smashed up the GM prototype rear engined (iron Chevy block) XP-819 due to inadequatre tire size in the rear, when the thing let go at the rear it was hang on mama!

    The US law I thought required 5 inches but did you know under the bonnet of the US. spec. Mangustas is a little sheet of plastic with all the laws the car got exemptions on, maybe as many as 17 requirements. This was probably where they were appealing on 1.)we will bring in less than 500 2.)we are a little itty-bitty company (owned by multimillionaires but they probably didn't harp on that. I have personally met a former owner of a Goose in Hermosa Beach who, when I stopped to look at his car had the transaxle case in the garage because he hit a speed bump at some low speed.

    don't get me wrong, I am not anti-Goose but I am interested in how DeTomaso played the game of getting his car into America.
    I had Sonnery's Maserati book, beautiful book but disagreed with him putting in individual restoration stories because each (used) car has a different story (dpending on how well or how poorly they were maintained) and those stories took away from the background behind the scenes stuff I'd rather read about. When it comes out I want to read about skullduggery--DeTomaso was really good at that.
     

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