Real 250 GTO on ebay | FerrariChat

Real 250 GTO on ebay

Discussion in 'Vintage Ferrari Market' started by Napolis, Sep 9, 2006.

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  1. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    As per a friend I trust, a real 250 GTO chassis will be offered at no reserve on ebay soon. This is for real and it is an original chassis. There is of course a 250 GTO running about with this chassis number but as per my friend and I beleive him, that is a replacement chassis and this is the original chassis.

    These are interesting times...
     
  2. bigodino

    bigodino F1 World Champ
    Silver Subscribed

    Apr 29, 2004
    13,127
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    Peter den Biggelaar
    Is it a blue one?

    Best, Peter
     
  3. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    At this point I can't say more but I can say that this is only one of many major **** storms that are about to erupt in the Classic Ferrari World.
     
  4. amenasce

    amenasce Three Time F1 World Champ
    Silver Subscribed

    Oct 17, 2001
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    Joe Mansion
    What would it mean to the GTO with the not genuine GTO Chassis ? How much less would it be worth?
     
  5. of2worlds

    of2worlds F1 World Champ
    Silver Subscribed

    Apr 6, 2004
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    CH
    Give Ferrari the chassis, that would make an interesting project for their new 'classic program'. Need a new block-no problem they will cast it. If you don't have a part they will make it...
    horse fan
     
  6. dretceterini

    dretceterini F1 Veteran

    Apr 28, 2004
    7,289
    Etceterini Land
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    Dr.Stuart Schaller
    Money makes the world go around, the world go around, the world go around... :)
     
  7. bobafett

    bobafett F1 Veteran

    Sep 28, 2002
    9,193
    cheers to shaking up the old guard

    --dAn
     
  8. C'one

    C'one Karting

    Sep 27, 2004
    194
    France
    Watching attentively :D
     
  9. Ferrari 360 CS

    Ferrari 360 CS F1 Veteran

    Dec 4, 2004
    6,888
    Cape Town,SA
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    Jacques
    Very interesting developement but I have to wonder what use an orginal chassis is without the body, though I am sure a body can be created to cloth the body....

    Wonder if the value of this chassis is in fact quantifiable, makes one wonder if one of the orginal cars is what it proports to be.....
     
  10. andrewg

    andrewg F1 Rookie
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    Sep 10, 2002
    4,667
    Chester, England
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    AndrewG

    Have a look at www.mototechnique.com Kev's team rebuilt a 250 Gto earlier this year and by the looks of it it may have been just as easy (for people of this calibre) to recreate a complete new body, not forgeting that a large number of gto's have been rebodied over the past 44 years
     
  11. Bertocchi

    Bertocchi Formula 3
    Consultant

    Jan 28, 2004
    2,326
    Austin, Texas
    Full Name:
    David Castelhano
    There was a series one car with a series two body that went from Piper to Medlin and then was sold by Cluxton. There was always a considerable degree of doubt about its' pedigree? I some how feel that there will be lots of Lawyers involved in this one. David
     
  12. Ferrari 360 CS

    Ferrari 360 CS F1 Veteran

    Dec 4, 2004
    6,888
    Cape Town,SA
    Full Name:
    Jacques
    True forgot about the restoration but I also thought rather incorrectly that due to their rarity most GTO's were largely original body wise and hadnt been rebodied...(you can see I am newbie in the Vintage section cant you)
     
  13. SefacHotRodder

    SefacHotRodder F1 World Champ

    Dec 20, 2003
    11,158
    NJ
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    Chris
    I assume the auction will be only open to pre-approved bidders? Otherwise, whats to stop bored kid from just jacking up the price? It'll be interesting to see what it goes for.
     
  14. Bugattiart

    Bugattiart F1 Veteran

    Mar 8, 2004
    5,378
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    Carsten Christiansen
    Shall be interesting to follow that auction!
     
  15. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
    12,313
    At Sea Level
    Someone post a link when it appears. No reserve... But will there be a high opening bid set?

    Will be very interesting to see what it goes for... Any guesses? Anyone think I'm crazy at suggesting $3M assuming it is the original chassis.
     
  16. andrewg

    andrewg F1 Rookie
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    Sep 10, 2002
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    AndrewG
    If it's been certified by Ferrari that it is one of the original chassis and as such is the only car allowed to use that chassis number then $3m sounds almost a bargain, after all as you can now have Ferrari build the rest of the running gear (or indeed as I suspect in this case the whole of the car bar the chassis) whats that going to run to $1-2m?

    It'll be interesting to see if anybody from Fchat steps up and buys it
     
  17. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

    Dec 4, 2004
    14,437
    FL
    How much are current series I cars going for? What about series II? The only number that comes to my mind is the $14mm in the 80s (Japan). Those prices were too much like the rest of F-cars then so have prices fallen a lot more? Maybe 1/2?

    Does the GTO with the other chassis have the original engine and body, but false chassis?

    S*** has really hit the fan. :)
     
  18. RockaForte

    RockaForte Formula Junior

    May 2, 2005
    648
    Porto
    Full Name:
    Pedro Mendes
    A some time ago I was discussing the apperent classic car price buble with a friend of mine and it was said that an incident like this, if misinterpreted, can bring the whole market down. I' m looking forward to see as the situation evolves
     
  19. cntchds

    cntchds Formula 3

    Oct 22, 2005
    1,018
    San Jose, California
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    Peter Hatch
    Might be a stupid question, but why do people put cars like this on ebay? I understand that it's usually just to get publicity out, then it is taken down just before selling. Just because the traffic through ebay I guess, but who searches for an original GTO? I have found myself searching from highest to lowest price with a blank search box and commonly find an Enzo as the first thing on the list.. along with motorhomes and limos.

    Peter Hatch
     
  20. iwanna860monza

    iwanna860monza Karting

    Sep 19, 2004
    243
    Being the car that everyone recognizes most the series 1 is THE most valuable
    Late 80's maybe $14 mil
    Early 90's dropped to $4 mil
    Late 90's climbed maybe $8 mil.
    Now maybe $10 - 14 mil. again

    Or maybe not, I mean how many change hands, and each car is judged by it's own merits and I guess an original would go for double a non original
     
  21. Bertocchi

    Bertocchi Formula 3
    Consultant

    Jan 28, 2004
    2,326
    Austin, Texas
    Full Name:
    David Castelhano
    My money is on chassis #4675. That being said if I own the chassis to a car and you own everything else who owns the car? If I take my chassis and have everything else built from scratch don't I own a replica or recreation? There are several D Type Jaguars and Type 35 Bugattis that suffer from this dilemma. I believe that there is a lot to be said for continuos history and who has held title to the car all these years.
     
  22. SefacHotRodder

    SefacHotRodder F1 World Champ

    Dec 20, 2003
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    Chris
    I'm with David on which one it is. We shall see....
     
  23. billnoon

    billnoon Formula 3
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    Aug 22, 2003
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    Bill Noon
    I am not at liberty to go into detail but one would be very wrong to think the frame could possibly have once been fitted to either 3445/GT or 4675/GT both of which have known original and well documented frames, histories etc...

    I have spent ample time with both and niether has any type of frame issue whatsoever.

    The bare chassis in question is from another well known car. The frame is the original first fitted by Ferrari but a well worn-out one that was fatigued during it period race career. A second frame was fitted during is rather busy life in period and the family retained the original after selling the car many many years ago. Both frames are original being both made and sold by Ferrari.

    I believe the family sees Ebay as a way of achieving a fair and retail sale at whatever the market will bare.

    At this point the only issues holding them up are the tax consequences which they are working to resolve.

    Nuf said!
     
  24. SefacHotRodder

    SefacHotRodder F1 World Champ

    Dec 20, 2003
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    Chris
    Thanks for the info Bill
     
  25. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
    Full Name:
    Jim Glickenhaus
    Yes thanks. Very interesting esp. the part that Ferrari built and sold the replacement chassis. Are both frames stamped with the same number? IMHO the person who should really buy this frame is the current owner of the re chassied car.

    As I've said before this kind of thing did happen and on the day no one really though of these cars as much more than old race cars many of which were REBUILT/re chassied/retubbed. Grandpa's Hammer...
     

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