McQeen’s Ferrari 274 GTB Restoration Job


A rare Ferrari 274 GTB4 which used to belong to movie star Steve McQeen has returned to Maranello for a through restoration job.The 275 GTB4 that originally belonged to legendary American star, who took delivery of the car in San Francisco when he was on the set filming Bullitt.

The new owner brought the car to Ferrari Classiche for the company’s authenticity certification process, knowing that at some time during the 1980s, when under previous ownership, the car had been converted to a Spider. They are going to make another roof for it, which must be handmade. That is necessary for the car to be registered with Ferrari as an authentic classic.

Ferraris continue to be an excellent investment, as has been shown in a recent report by Business Week on a private treaty sale for $35 million of a 250 GTO built for Stirling Moss. This GTB4 is also expected to be worth greatly after the work is done.

Steve McQueenFerrari 275 GTB4 11 McQeens Ferrari 274 GTB Restoration Job

Ferrari press release:

Under the provisions of the certification process, a Ferrari can only be authenticated if it is to exactly the same specifications as when it left the factory. To this end, the new owner wisely decided to return the car to its original coupé form and Ferrari Classiche has undertaken the restoration reproducing the roof and buttresses with hand-beaten steel panels.

A world record price that celebrates the 50th anniversary of the launch in 1962 of this homologation special (hence the designation Gran Turismo Omologata), of which just 36 examples were built, and which achieved a seemingly endless series of victories in GT racing in the early 1960s, culminating in three consecutive Manufacturers’ titles in 1962, ’63 and ’64.

The Ferrari 250 GTO has been revered in classic car circles for decades for its combination of thoroughbred looks, performance and motor sports heritage and, in 1990, a 1962 example set a then record auction price of $10,756,833. This world record was to stand for 18 years until it was beaten in 2008 by another Ferrari, a 1961 250 California sold by RM Auctions in collaboration with Sotheby’s in Maranello for $10,910,592. That record was again beaten in 2011 by the sale in Pebble Beach of a 1957 250 Testa Rossa for $16.39 million.

A considerable contribution to the interest for classic Ferraris in recent years has come from the company’s direct involvement, with its dedicated department providing certificates of authenticity which testify to the originality of a car. Set up in 2006, Ferrari Classiche has to date processed over 3,300 certification requests using the company’s exhaustive archive records and original designs.

 

Share and Enjoy:
  • Print this article!
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • Propeller
  • Reddit
  • StumbleUpon
  • Twitter
  • E-mail this story to a friend!
  • Fark
  • Furl
  • Live
  • Slashdot
  • SphereIt
  • Technorati

Related posts:

  1. Ferrari Lineup at 2012 Goodwood
  2. Ferrari Europe Planning Largest Parade Ever
  3. Ferrari F40 World Record Gathering
  4. Largest Ferrari Parade In UK
  5. Ferrari History

Filed Under: News

Tags:

RSSComments (0)

Trackback URL

Leave a Reply

You must be logged in to post a comment.