Bonhams announced a magnificent 1967 Ferrari 412P Berlinetta by Fantuzzi for the Quail Lodge Sale — it is by far the most expensive car on offer at any auction during the Monterey Car Week 2023.
Bonhams announced the 1967 Maranello Concessionaires’ Ferrari 412P, Chassis 0854, arguably the most important sports-racing Ferrari to come to market in five years, for The Quail Auction on August 18, 2023, during the annual Monterey Car Week in California, USA. Although no estimate was released, the Ferrari could be the most expensive car sold at the Monterey 2023 classic car auctions and probably also the most expensive car sold in 2023. Chassis 0854 is believed to be the sole car of this prototype Ferrari era that retains its original chassis, engine, gearbox, and bodywork.
Bonhams Quail Lodge 2023 Sale
Bonhams: 26th Quail Lodge Sale in Carmel during the annual Pebble Beach / Monterey Motor Week on 18 August 2023 in California, USA. Recent Bonhams Quail Lodge earnings:
Year | Earnings $ | Lots / Sell-Through % |
2023 | $51 million | 109 cars |
2022 | $27.8 million | 137 cars, 88% |
2021 | $36,877,800 | 139 cars, 89% |
2020 | $13 million | 63% (online only) |
2019 | $32 million | 217 cars, 76% |
2018 | $37.7 million | 135 cars, 82% |
2017 | $56,430,000 | 105 cars, 80% |
The Quail Lodge auction record was set in 2014 when Bonhams sold a 1962 Ferrari 250 GTO for $38,115,000 — still the third most expensive car ever sold in a public auction.
1967 Ferrari 412P Berlinetta at Bonhams Quail Lodge Sale 2023
The most expensive car on offer at the Bonhams Quail Lodge 2023 sale, and the most expensive at any Monterey Car Week 2023 auction is the 1967 Maranello Concessionaires’ Ferrari 412P, Chassis 0854. Although Bonhams had not released an official estimate, other than “Refer to Department”, it has been speculated that Bonhams expect a result around that of the 1962 Ferrari 250 GTO sold for $38,115,000 in 2014.
Chassis 0854 offers a history of top-level period racing, a succession of car collecting luminaries for its ownership roster, thorough authenticity, and an exceptionally high-quality restoration, placing it in both immaculate cosmetic order, and road usable condition.
Hagerty expects it to be the most expensive car of 2023, so it should achieve at least $18 million and probably more. A 1964 Ferrari 250 LM, chassis 5901, with no racing history sold in a special Artcurial auction in Paris in July 2023 for €15,771,200 ($17,164,664) and attracted a bid of €20 million earlier in the year.
1967 Maranello Concessionaires’ Ferrari 412P, Chassis 0854
The 1967 Ferrari 412P, Chassis 0854, was delivered new to Colonel Ronnie Hoare’s British Ferrari agency, Maranello Concessionaires Ltd, and liveried in Italian racing red with a Cambridge blue nose flash. The remarkable performance car went on to compete in the FIA World Championship of Makes during the heyday of Ferrari’s dominance.
The FIA World Championship of Makes, the sports-car World Championship of its period in the mid-1960s, showcased during the height of Ferrari’s dominance. For the 1967 World Championship racing season, just two privateer 412P cars were constructed alongside the Works 330P3/4 and P4 Ferraris.
In-Period Racing History
The 1967 Ferrari 412P, Chassis 0854, first raced with Col. Ronnie Hoare’s Team in his preferred colors and in its first year was piloted by drivers Richard Attwood, Piers Courage, Lucien Bianchi, Jo Siffert, and prominent privateer David Piper. Upon its racing debut in World Championship Round 4, the Belgian Spa 1000 Kilometers, co-driven by Attwood and Bianchi, they finished 3rd overall, gaining championship points that proved vital in securing Ferrari’s ultimate victory in the 1967 World Championship of Makes.
0854 contested in the 1967 Le Mans 24-Hours, and the Brands Hatch 6-Hour race in the UK, before changing hands to David Piper who completed that year in it at the Paris 1000 Kilometers, Kyalami (South Africa) 9-Hours, and the Cape Town 3-Hours. Piper campaigned the car around Europe and South Africa over 1968-1969, winning at the 1968 Nuremberg 200 Kilometers at the Norisring, the Solituderennen at Hockenheim, and the Swedish Grand Prix. Piper had lightened the car by adopting open-cockpit glass-fiber body panels, the hand-formed aluminum Ferrari originals from 1967 being stored. This proved just as well as a minor collision during the 1969 East London 500 Kilometers race in South Africa caused a fuel leak that ignited, burning the molded GRP bodywork. Back in Europe, the car returned to racing with even lighter GRP open-cockpit bodywork, Piper competing at the Norisring and Hockenheim.
US Ownership and Restoration
In 1969, the car then passed into its first US ownership, with Chris Cord of Philadelphia, grandson of the Cord automobile creator. Successive owners have included a roster of top-tier collectors, including Sir (later Lord) Anthony Bamford, Sir Paul Vestey, John McCaw, and Bruce McCaw before passing to its current custodian in 2005. The passionate automotive entrepreneur owner oversaw a painstaking restoration over nine years, which included the refitting of its original aluminum bodywork, placing it in the guise of its final outing for Col. Ronnie Hoare’s Team, wearing race number ‘9’ at Brands Hatch. Its exacting refurbishment has ensured that today 0854 is believed to be the sole car of this prototype Ferrari era that retains its original chassis, engine, gearbox, and bodywork.
0854 has been actively demonstrated at shows around the US, including The Quail Gathering in 2015 and more recently at the Pebble Beach Concours d’Elegance in 2019, where it received the ‘ArtCenter College of Design Award’.
Monterey Week 2023 Classic Car Auctions
Top classic car auctioneers with sales during Monterey Week 2023 include Gooding (Pebble Beach), Bonhams (Quail Lodge), RM Sotheby’s, Broad Arrow, and Mecum.
Monterey Week 2023 Auction Results
- Top Ten Monterey Week Auction Results
- Bonhams: Quail Lodge Sale Results, 1967 Ferrari 412P
- Gooding: Pebble Beach Sale Results
- Mecum: Monterey Sale Results
- RM Sotheby’s: Monterey Sale Results, Lost & Found Ferrari Results
Monterey Week 2023 Auction Previews
Monterey Week 2023 Pre-Auction Announcements
- Bonhams: 1967 Ferrari 412P Berlinetta
- Gooding: 1933 Bugatti Type 55 Roadster
- Gooding: Top Ten Ferraris (including a 250 GT SWB Berlinetta)
- Gooding: Top American Brass-Era Cars (including a Simplex and Mercer)
- RM Sotheby’s: Top Ten Ferraris (including a 250 LM and California Spider)
- RM Sotheby’s: The Lost and Found Collection of 20 Ferraris
- RM Sotheby’s: Steve McQeen’s 1967 Ferrari 275 GTB/4
- RM Sotheby’s: 1938 BMW 328 ‘Special Competition’ Roadster
Previous Monterey Week Auction Results