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2020 Gooding Geared Online October Sale (Ferrari 250 GT Lusso Announced)

2 October 2020 in News, Online, Press Releases, USA

A 1964 Ferrari 250 GT Lusso, estimate $1,400,000 – $1,800,000, was announced as an early highlight for the Gooding Geared Online October 2020 sale.

1964 Ferrari 250 GT Lusso on offer in the Gooding Geared Online October 2020 Sale
© Gooding

Gooding announced a 1964 Ferrari 250 GT Lusso (Estimate: $1,400,000 – $1,800,000), as the early lead car for its online-bidding-only Geared Online classic car auction end October 2020. Two further interesting Ferraris in the sale include a 2005 Ferrari 575M (Estimate: $275,000 – $350,000) and a 1972 Ferrari Dino 246 GT (Estimate: $275,000 – $325,000).

Gooding Geared Online October 2020 Sale

Gooding & Company will stage its October Geared Online classic car auction from October 26 – 30, 2020. Bidding will only be online but Gooding will house all vehicles and automobilia included in the online auction within one accessible location in Southern California, providing the unique ability to offer on-site inspections for interested bidders and to engage with the available lots on behalf of buyers and sellers.

1964 Ferrari 250 GT Lusso

1964 Ferrari 250 GT Lusso on offer in the Gooding Geared Online October 2020 Sale
© Gooding

The 1964 Ferrari 250 GT Lusso (Estimate: $1,400,000 – $1,800,000), chassis 5931 GT, is among the very last of the 350 examples built and was delivered new to US distributor Luigi Chinetti Motors in New York.

Regarded as an automotive great from the outset, the 250 GT Lusso has always been one of the most desirable road-going Ferraris. As the last production 250 GT model, the Lusso was the culmination of a decade of steady chassis development and benefited from a rugged yet compliant suspension, four-wheel Dunlop disc brakes, and Ferrari’s brilliant three-liter V-12. Though the Lusso was designed for sophisticated grand touring use, more adventurous owners demonstrated its motor-sport heritage with successful outings at the Targa Florio, the Tour de France, and the Spa sports car races.

The Lusso’s exquisite coachwork, designed by Battista “Pinin” Farina and constructed by Carrozzeria Scaglietti, has always received great acclaim. Just 350 of these elegant Ferraris were built between 1963 and 1964. Their splendid design, outstanding driving experience, and association with some of the most glamorous personalities of the 1960s have contributed to their revered status among collectors and aficionados.

According to the research of Ferrari historian Marcel Massini, the Lusso on offer remained in the hands of East Coast collectors for decades and has recently benefited from a comprehensive restoration performed by noted marque specialist Fast Cars of Redondo Beach, California. Presented today in superb condition and retaining its matching-numbers engine, this Lusso is handsomely finished in a distinctive period-correct color scheme of Amaranto over beige leather. It has not been exhibited since its restoration was completed.

2005 Ferrari 575M

Silver 2005 Ferrari 575M on offer in the Gooding Geared Online October 2020 Sale
© Gooding

The 575M debuted in 2002 with an enlarged 5.75-liter engine, delivering even greater performance than its 550 Maranello predecessor. Although the updated model heralded Ferrari’s first road application of its race-derived F1 paddle-shift gearbox with a V-12 engine, the most sought-after examples are the 246 cars delivered with the traditional gated six-speed manual gearbox.

This 2005 Ferrari 575M (Estimate: $275,000 – $350,000) is a collector-grade example, as it is equipped with the ultra-desirable six-speed manual gearbox, ‘Fiorano’ Handling Package, and desirable options like Daytona-style seats and Scuderia shields. Delivered new to Texas and finished in the striking color combination of Titanium over Beige leather, this Ferrari remains in pristine original condition, with its odometer showing less than 10,000 miles from new.

Ideally specified with the most coveted equipment and offered with its original books and tools, this six-speed 575M represents a rare opportunity for discerning collectors to acquire what is widely regarded as the ultimate modern-day Ferrari GT machine.

1972 Ferrari Dino 246 GT

Red 1972 Ferrari Dino 246 GT on offer in the Gooding Geared Online October 2020 Sale
© Gooding

The 1972 Ferrari Dino 246 GT (Estimate: $275,000 – $325,000), chassis 03392, was equipped and completed by the factory in February 1972 as an original US-specification example. It is finished in the classic color combination of Rosso Corsa over beige leather.

In 1969, Ferrari updated the groundbreaking mid-engine Dino 206 GT with a larger engine and a number of subtle coachwork revisions, resulting in the 246 GT. Almost 2,500 examples were built over the next five years in three discrete series, the last of which – the Tipo E – went into production in mid-1971. The 246 GT featured seat-mounted headrests, relocated rear deck lid releases and door locks, short glove box doors, and shallow passenger footwells.

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Classic Car Auctions

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      • Amelia Island (Florida) Auctions and Concours d’Elegance
      • Amelia Island Results
    • Monterey Week
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      • Monterey (RM Sotheby’s, Mecum)
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