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#1451 GT Going Up For Auction

Discussion in 'Vintage Ferrari Market' started by malcolmjl, Nov 8, 2017.

  1. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3
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    I wondered what RM would come up with for their New York sale since the last two had a superlative selection of collectible cars and the early announcements were a little bleh. This is arguably THE best California since it finished 5th at Le Mans in 1959 behind Aston Martin DBR1 #2, DBR1 #4, 250 TDF #1321 and 250GT Interim #1461GT. As it is in original condition and one of just eight alloy California it is incredible valuable, the only shortcoming is that it has open rather than covered headlights. This very car sold for a touch under $5 million in 2007, all things considered, a figure in the mid teens, maybe $15 - 17 million, seems appropriate in 2017.
     
  2. Marcel Massini

    Marcel Massini F1 World Champ
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    Mar 2, 2005
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    Sold 18 August 2007 for US$ 4'950'000 all incl. at the RM Monterey auction to the man who now has consigned it to RMS NY.

    Marcel Massini
     
  3. BIRA

    BIRA Formula Junior

    Jun 15, 2007
    888
    In a recent outing at the Richard Mille Chantilly Concours, the cars came and travelled in convoy, and the car was used as it should be during the Tour d'Elegance so not only a show car but a nicely drivable car rain or shine! Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
     

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  4. miurasv

    miurasv F1 Veteran

    Nov 19, 2008
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    1451GT is one of 8 aluminium LWB Californias but there were also 3 SWB aluminium Californias.

    250GT LWB California Competzione 1603GT with aluminium body, tipo 168 engine, disc brakes, covered headlights and a good racing history fetched $18,150,000 including buyer's premium at Goodings's Pebble Beach auction of August, 2016.
     
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  5. merstheman

    merstheman F1 Rookie

    Apr 13, 2007
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    I think the open headlights make the car look even more attractive. I realize that is probably minority opinion...
     
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  6. freestone

    freestone Formula Junior

    Feb 8, 2005
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    Did they post the engine build sheet? I have an identically spec'd comp engine to that.
     
  7. malcolmjl

    malcolmjl Karting

    Mar 27, 2014
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    los angeles
    That makes no sense to me. So this car with BETTER history is worth $1 mil - $3 mil less just because it doesn't have covered headlights? Even if they do look better, they don't look $3 mil better (or more with history factored in).
     
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  8. Jeff Kennedy

    Jeff Kennedy F1 Rookie
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    Is this the California that was owned by Joe Rosen, pre-Masterson?
     
  9. miurasv

    miurasv F1 Veteran

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    There is a big difference in the Hagerty values between open and closed headlamp steel bodied Californias and then an even bigger jump for an alloy car. The Hagerty values don't differentiate between open and closed headlamps on the LWB alloy cars. All 3 SWB alloy cars have closed headlamps, although I don't believe 2987 is a comp. car(????) as it doesn't have an outside filler cap and has 9mm lift cams. I could only get the values in GBP I'm sorry.

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  10. malcolmjl

    malcolmjl Karting

    Mar 27, 2014
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    I don't disagree with the valuation, I just think that the market seems wrong for that to reality. Were I in the position to buy I would take the RM car over the Gooding car any day. For me at least, history outweighs aesthetics.
     
  11. sixcarbs

    sixcarbs F1 Veteran
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    I can't believe there even exists a "Blue book" for California values. So few examples, (so few examples per year), so few sales, such varied condition (level of originality and/or level of restoration) and history.
     
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  12. Marcel Massini

    Marcel Massini F1 World Champ
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    Mar 2, 2005
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    No.

    Marcel Massini
     
  13. carvad

    carvad Formula Junior

    Sep 27, 2008
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    Which team 1451 GT raced on 1959 Le Mans?

    Some source says it was NART, but some says it was privat entrant Ferdando Tavano, co-driver for Bob Grossman, who owned the car at that time.
     
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  14. 375+

    375+ F1 Veteran
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    Dec 28, 2005
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    I believe that the official entrant was Tavano, driven by Tavano and Grossman.
     
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  15. carvad

    carvad Formula Junior

    Sep 27, 2008
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    Just find result from book "N.A.R.T.: A concise history of the North American Racing Team 1957 to 1983", where 1451 listed as NART car. But I would love to find more proofs.

    https://books.google.com.ua/books?id=tUmFCgAAQBAJ&pg=PA44&lpg=PA44&dq=ferrari+1451+gt&source=bl&ots=zSqHJscHsL&sig=PKcYGQT58M_c68K6CD1DKO6LJeA&hl=ru&sa=X&ved=0ahUKEwjFybq95s_XAhUHMBoKHTkzAigQ6AEIbDAN#v=onepage&q=ferrari%201451%20gt&f=false
     
  16. carvad

    carvad Formula Junior

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  17. Boudewijn

    Boudewijn Moderator
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    Luigi Chinetti approached Grossman late 1958 to race a new California at Le Mans and an agreement was made. Grossman only bought 1451GT after the Le Mans race under the agreement to purchase the car.
     
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  18. sixcarbs

    sixcarbs F1 Veteran
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    Drooling over the photos on the RM web site and have a technical question. What is the function of the plexiglass screen on the hood? Was there no windshield at LeMans? Or is it just supposed to catch something before it hits the main windshield?

    Thanks,

    Sixcarbs
     
  19. Boudewijn

    Boudewijn Moderator
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    Indeed a bug deflector.
     
  20. malcolmjl

    malcolmjl Karting

    Mar 27, 2014
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    los angeles
    It's a bug/debris deflector. It creates an air vortex that keeps everything away from the drivers side of the windshield so you can still see after 24 hours of driving.
     
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  21. carvad

    carvad Formula Junior

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    Interesting story, thanks. I thought Bob Grossman wanted to race in Le Mans and came with this idea to Chinetti. Could you share more info?
     
  22. Boudewijn

    Boudewijn Moderator
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    My information comes from the Stan Nowak article in Cavallino 36 published in 1987.
     
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  23. carvad

    carvad Formula Junior

    Sep 27, 2008
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    Thank you Boudewijn. I have no this article but I've find confirmation in this interview with Bob Grossman.

    https://web.archive.org/web/20160303202237/https://themaseraticlub.com/Grossman.html

    BTW, do you know the story why Grossman bought two Californias one by one, 0939 GT and then 1451 GT? Why he didn't prepare the 0939 for Le Mans?
     
  24. Timmmmmmmmmmy

    Timmmmmmmmmmy Formula 3
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    #1451GT was a Competizione spec car with an alloy body and 128/F engine. Quite different to the standard car that was #0939GT, significantly lighter and maybe 20 - 60bhp extra
     

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