Famous Ferrari Hydroplane boat set for RM Monaco auction

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2015-06-26 10:57:07

Famous Ferrari Hydroplane boat set for RM Monaco auction

RM Auctions has announced a spectacular consignment for their upcoming Monaco auction, in the form of the Ferrari-engined Hydroplane racing boat ARNO XI.

Conceived by Achille Castoldi, the boat was built by Ferrari engineers in an attempt to establish a new world water speed record.

Featuring a 12-cylinder, 4,500 cc V12 Ferrari engine and twin superchargers that developed in excess of 502bhp at 6000rpm, the boat undertook the record attempt on Lake Iseo in Northern Italy on 15th October, 1953.
It achieved a top speed of 241.70 km/h (150.19 mph), setting a world record for an 800kg boat which remains intact to this day.

The boat was later sold to Nando dell'Orto and enjoyed a highly successful racing career, winning trophies and setting lap records which have never been beaten. The boat was modified for performance during these years, and has spent the past two decades in a private collection where it has been restored to concourse condition.

RM Europe specialist Peter Wallman commented:

“It’s an exceptional piece of history, made even more famous by the countless models one sees of it in important collectors’ libraries and is likely to appeal to serious car collectors as much as it will to traditional boat collectors. It has that alluring mix of ’50s Ferrari grand prix car with the sheer beauty and simplicity of the hydroplanes of the period. We are honoured to have been entrusted with its sale.”

The boat, which is sold along with an extensive archive of photographs and historic testing notes, will appear in the sale with an estimated value of €1,000,000 - €1,500,000.

The auction, a prestigious two-day biennial event which coincides with the Monaco Grand Prix, will take place at the Grimaldi Forum on May 11 – 12.

 

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