Rare Ferrari supercar leads Bonhams first Monaco auction



2016-03-04 10:25:59

A rare Ferrari supercar leads the line up of consignments for Bonhams' forthcoming Monaco sale.

The auction house's inaugural sale in Monte Carlo, timed to coincide with the Monaco Grand Prix Historique, will feature 40 hand-picked cars spanning decades of cutting-edge automotive design.

Most notable is a 1985 Ferrari 288 GTO, one of only 272 examples ever built between 1984 and 1987.

When the FIA introduced new race and rally regulations, stating all eligible cars must have at least 200 road-going examples in production, Ferrari launched the 288 GTO. Expectations were so high that, even before production had begun, every one had been pre-sold.

“Rarely does a car take on iconic status when new, but the Ferrari 288 GTO achieved just that,” said James Knight, Bonhams International Group Motoring Director. “It was, and still is, considered by many to be one of the finest high-performance cars ever built. In many ways, it is seen as the modern-era supercar that inspired the production of the Porsche 959, the Ferrari F40, the Bugatti EB110 and the McLaren F1.”

The example offered at Bonhams was snapped up new in April 1985 by a London-based businessman and renowned Ferrari collector. Having remained in his family ever since, it now hits the auctioin block for the first time with an estimate of €1,300,000-1,700,000 ($1.42-$1.86 million).
“For a relatively young car, this example has one of the most impressively comprehensive and detailed files, with six general folders of invoices and correspondence; owner’s wallet with all books; and the Ferrari Classiche certification,” said Knight. “The car is exceptionally well maintained.”

Further highlights from the Maranello marque will include a 1964 Ferrari 250 GT Lusso Berlinetta estimated at €1.6 million-€1.9 million ($1.7-$2.1 million), and a 1965 Ferrari 275 GTS valued at €1.5-€2 million ($1.6-$2.2 million).

Bonhams' first-ever Monaco sale takes place on May 13.

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