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Rare steel bodied Ferrari barn find to fetch over £1M

A rare 1969 Ferrari 365 GTB/4 Daytona said to be the only street legal version with an alloy body manufactured by Scaglietti, is set to go to auction with RM Sotheby’s in London next month.

Sotheby’s state that only five of the 1,200 GTB/4s built were lightweight-spec alloy-bodied cars manufactured for competition, and there was only one street-legal alloy-bodied model. It’s this very car that will be offered in an exclusive auction.

The car went through a series of owners until 1971, when its Italian registration was cancelled and it was shipped to Japan. It went through the hands of two additional owners until it was purchased by a man named Makoto Takai in 1980. He mothballed it for the next four decades for reasons that remain murky. It was never seen in public, and Takai turned down numerous offers from enthusiasts who wanted to buy it.

The car — which wears chassis number 12653 — has just over 22,000 miles on the clock, and its drivetrain is entirely original.RM Sotheby’s explains the car’s Japanese owners made a handful of small cosmetic modifications, though it doesn’t list what they are.Importantly, it’s a complete car that’s never been taken apart. It won’t stay that way for long, because it needs at least a complete mechanical restoration to move under its own power again.

This rare Ferrari barn is expected to fetch over £1M, its likely restoring this once prestige car to its original state will also cost somewhere in that region.

https://www.rmsothebys.com/ff17/ferrari–leggenda-e-passione/lots/1969-ferrari-365-gtb-4-daytona-berlinetta-alloy-by-scaglietti/1704895

 

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