Monaco

14 May 2016

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Lot 254

1968 Ferrari 275 GTS/4 NART Spider by Scaglietti

  • Chassis no. 11057
  • Engine no. 11057
  • Gearbox no. 829 IR
  • Body no. A0329

€19.000.000 - €23.000.000

Documents: UK V5


300 bhp, 3,286 cc DOHC Colombo V-12 engine with six Weber carburettors, five-speed manual transmission, front and rear independent upper and lower wishbone coil-spring suspension, and four-wheel disc brakes. Wheelbase: 2,400 mm

  • The last of 10 NART Spiders and third-to-last 275-series Ferrari built
  • The only NART Spider sold new in Europe
  • The only example finished new in Grigio Scuro
  • Ferrari Classiche certified; fully matching numbers throughout
  • The most popular, desirable, and valuable open road-going Ferrari


“ONE OF THOSE RED ITALIAN THINGS”

For the majority of the public, the introduction to one of the most seductive Ferraris ever built was on the silver screen, in the 1968 hit film The Thomas Crown Affair. The car’s time on screen was short, but its impact was monumental to the film’s leading actor.

Entering stage left, Steve McQueen as Thomas Crown is walking alongside Biff McGuire as Sandy. Sandy is lecturing Crown on his frivolous spending habits, and as the pair cross the street and pass parked cars en route to the sidewalk, it is clear that Sandy no longer has Crown’s attention. What does have the attention of both the character Thomas Crown and petrolhead Steve McQueen is a dark red 275 GTS/4 NART Spider, Ferrari’s newest drop-top sports car. In the movie, that “red Italian thing” belonged to Faye Dunaway’s character; in reality, Steve McQueen fell head over heels for the car and purchased one for himself shortly thereafter.

However, the NART Spider’s story does not start with Steve McQueen, Faye Dunaway, or The Thomas Crown Affair, but with Luigi Chinetti. Following the introduction of the 330 GTS and the 275 GTB/4, Chinetti felt as if there was a gap in Ferrari’s line-up. The 330 GTS was intended to be a more luxurious top-down cruiser, while the 275 GTB/4 was a more aggressive grand tourer. To Chinetti, what his American clients needed was a convertible 275 GTB/4, offering the best aspects of both cars, and he successfully convinced Enzo Ferrari to build it for him.

Although the very first NART Spider finished 17th overall and 2nd in class at the 1967 12 Hours of Sebring, with Marianne “Pinky” Rollo and Denise McCluggage behind the wheel; was featured on the cover of the September 1967 issue of Road & Track; and starred alongside the King of Cool in The Thomas Crown Affair, the NART Spider proved to be a tough sell for Chinetti. Just 10 examples would be built, even though it won the hearts of enthusiasts worldwide and is considered today to be one of the most beautiful and desirable Ferraris ever to leave Maranello.

THE EUROPEAN NART SPIDER

As the brainchild of Luigi Chinetti, it was only natural that the vast majority of NART Spiders were sold to his own customers in the United States. The very last NART Spider to leave the factory, however, would be the only example to remain in Europe.

That particular NART Spider, chassis 11057, was not only the final NART Spider and the only European-delivery example, but also the third-from-last 275-series Ferrari constructed. Originally finished in Grigio Scuro (20-E-166) over a Nero (VM-8500) interior, this would be the only NART Spider to wear that colour combination. It was sold new through Concesionario Tayre of Madrid, Spain, to a Spanish Colonel of the Foreign Legion in February of 1968. The car was allegedly first registered under his ownership on Spanish Sahara license plates, yet it is unclear whether the NART ever made the voyage to North Africa. Chassis number 11057 was later returned to Tayre and was then sold to José Segimon, also of Madrid, and registered on Spanish license plates M 3249 BP.

Segimon owned a number of significant racing Ferraris during his lifetime, including a 166 MM Barchetta and a 750 Monza. It should be no surprise that Segimon wanted to test his newest Ferrari at its limit, and he drove it on the track on at least one occasion, in 1980 at the Circuito del Jarama, just north of Madrid.

By 1982, chassis number 11057 was said to have left Segimon’s ownership and have moved to England, where it was refinished in red. In July of 1983, it was sold to the Swiss collector Albert Obrist of Gstaad, Switzerland. Obrist had the car fully restored in Italy and refinished in a dark grey metallic. He showed the car frequently at a variety of Swiss events over the course of the next 12 years, allegedly gifting the car to one of his daughters.

Sold by the Obrist family in 1995, the spider next passed through both Chris Cox and Carlos Monteverde’s distinguished collections before being purchased by Bernard Carl of Washington, D.C. In his ownership, the NART Spider was kept in the United Kingdom and shown at a variety of events there. From 2000–2001, the car was repainted its current shade of dark red metallic by Terry Hoyle and fitted with Borrani wire wheels. Following its repaint, the car was featured in the January 2005 issue of Octane magazine (issue #19), as well as the February 2008 issue of Thoroughbred & Classic Cars. Also during his ownership, the NART Spider was certified by Ferrari Classiche in October of 2007, thus confirming its status as a fully matching-numbers example.

In October of 2009, the car was sold from Mr Carl’s collection to Lord Irvine Laidlaw. Upon receiving his new NART Spider, Lord Laidlaw immediately sent the car to O’Rourke Coach Trimmers in West Sussex in the United Kingdom to have its interior re-trimmed in its current beige. Still wearing its dark red metallic paintwork, recalling its sister car featured in The Thomas Crown Affair, it presents very well overall, having been enjoyed by Lord Laidlaw over the past few years. It was even driven by his wife on the Ladies Classic Car Tour of Tuscany in 2011.

Over the course of Ferrari’s illustrious history, the company’s most sought-after vehicles have been the front-engined V-12 grand tourers of the 1960s. Amongst these, the handful of limited-production convertibles is the most desirable, with the sublime 275 GTS/4 NART Spider reigning supreme. The NART Spider is a vehicle that has stood the test of time in terms of sheer automotive drama, character, and splendour. An absolute thrill on the open road and a sure-fire entry to any concours event on the planet, the NART Spider is not only a vehicle with few peers—a Ferrari that many desire to own, drive, and enjoy—but also a dream that few can realize.

In the realm of drop-top, road-going Ferraris, the NART Spider remains the most valuable and sought-after model within the famed marque, consistently demanding a premium of over 100% over the vaunted California Spiders in recent years. The other nine NART Spiders are well-known and highly cherished cornerstones of prominent collections and are therefore almost certainly highly unlikely to become available in the near future, irrespective of price or offer. By comparison, other valuable road-going Ferraris like California Spiders, which were built in far greater numbers, are sold in greater frequency and have been acquired from time to time with offers that slightly exceed current market value. This is simply not the case with NART Spiders, for which every chassis number and the provenance of each car is well known by enthusiasts, car by car, and the ownership of each has been fiercely preserved by a club of only 10 respected collectors at any given point in time. This particular example has been owned by no less than five 250 GTO owners, a testament to its sheer desirability and importance.

As the last of 10 produced and the only such example sold new in Europe, it is only fitting that chassis 11057 be offered here in Monaco. As the city is known for its glamor, excess, and beauty, there is perhaps no vehicle so fitting for its streets as a 275 GTS/4 NART Spider—one of the most significant Ferraris ever made.

Alexander Weaver

aweaver@rmsothebys.com

+1 864 313 6844
California, United States

Alexander Weaver joined RM Sotheby’s in 2011 as a Car Specialist after graduating from Furman University in South Carolina. Born... read more

Augustin Sabatié-Garat

asabatie-garat@rmsothebys.com

+44 (0) 74 1511 4179
United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a Car Specialist after more than a decade in the collector car hobby. Gradua... read more

Barney Ruprecht

bruprecht@rmsothebys.com

+1 203 912 7168
Ontario, Canada

Barney’s interest in classic cars began at an early age after being introduced to his father’s all-original 1965 Porsche 911. Barney l... read more

David Swig

dswig@rmsothebys.com

+1 415 302 2247
California, United States

David Swig joined RM Sotheby’s West Coast division as a Car Specialist in May 2015. David is a life-long automobile enthusi... read more

Don Rose

drose@rmsothebys.com

+1 617 513 0388
United States

Don joined RM in 2006 after several years of professionally trading sports and classic cars, and after earning a reputation as a noted... read more

Donnie Gould

dgould@rmsothebys.com

+1 954 566 2209
Florida, United States

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

gduff@rmsothebys.com

+1 519 352 4575
Ontario, Canada

Gord Duff began his journey with RM Sotheby’s in 1998. Since then, he has gained an intimate knowledge of a variety of marques a... read more

Jake Auerbach

jauerbach@rmsothebys.com

+1 310 559 4575
California, United States

Jake Auerbach got his start in the automotive industry at an early age, spending his summers during high school working at a classic c... read more

Kurt Forry

kforry@rmsothebys.com

+1 717 623 1638
California, United States

Having worked for Bonhams’ Automobilia department for over 10 years, Kurt Forry joined RM Sotheby’s with more than a decad... read more

Matt Malamut

mmalamut@rmsothebys.com

+1 805 231 6410
California, United States

A long-time car enthusiast and Southern California native, Matt studied Automotive Technology at San Diego Miramar College and complet... read more

Michael Squire

msquire@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Michael Squire joined RM Sotheby’s European Division in the summer of 2016. He comes to RM with a prestigious racing background ... read more

Mike Fairbairn

mfairbairn@rmsothebys.com

+1 519 352 4575
Ontario, Canada

As one of the three founding partners of RM Sotheby’s, Mike has a long-standing interest in the classic car industry. Graduating... read more

Oliver Camelin

ocamelin@rmsothebys.com

+44 (0) 75 0110 7447
United Kingdom

With an extensive background in exotic sports car history and sales, a particular passion for American curves, and fluency in three la... read more

Paul Darvill

pdarvill@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Paul Darvill joined the RM Sotheby’s European team at the beginning of 2015. Paul holds a degree in French and Politics from the... read more

Pete Fisher

pfisher@rmsothebys.com

+1 519 784 9300
Ontario, Canada

Pete Fisher was first introduced to antique cars in high school, working for Classic Coachworks in his hometown of Blenheim, Ontario. ... read more

Shelby Myers

smyers@rmsothebys.com

+1 310 559 4575
California, United States

Shelby Myers grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to watch the R... read more

Tonnie Van der Velden

tvandervelden@rmsothebys.com

+31 653 84 19 60
United Kingdom

Tonnie Van der Velden joined RM Sotheby’s European division in September 2015 as a Car Specialist. A lifelong enthusiast, Tonnie... read more