1985 Ferrari 288 GTOSOLD
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Estimate: 225,000£-275,000£
Estimate: €326,000 - €401,000
Estimate: $449,000 - $552,000

AUCTION RESULTS: Lot was Sold at a price of £229.088

From the Brazilian Collector Mr. Abraham Kogan

Specifications:
400bhp, 2,855cc V-8 engine with twin turbochargers, five-speed manual transmission, four-wheel independent suspension, and four-wheel ventilated
disc brakes.
Wheelbase: 96.4in. (2,449mm).

Some of Ferrari’s most memorable sports cars were introduced in a short three-year span in the mid-1980s. The legendary Testarossa was made available to the public in 1985 as a replacement for the 512 BBi while production began that same year on the 328, a successor to the popular 308. Ferrari’s devotees also eagerly awaited the arrival of the F40 in 1987. A 471-horsepower ‘supercar’, the F40, remained in production until the early 1990s, eventually to be followed by the F50 and the Enzo. With its introduction in 1984, the 288 GTO preceded both the F40 and the Testarossa in production, but with less than 300 ever produced, remains considerably more rare than every Ferrari supercar, Enzo included. In fact, two specially outfitted 288 GTO Evoluzione models were used as development platforms for the F40!

The GTO was spawned by new FIA Group B Race and Rally homologation regulations introduced for 1984. Ferrari endeavoured to create a car that would hearken back to the glory days of the 1962–1964 250 GT models and of course the 250 GTO in particular. The twin-turbo 288 GTO, produced from 1984 to 1987, was the result. It benefited from the extensive racing experience the Michelotto company had gained from their successful and active campaign with the Ferrari 308 models. In order to satisfy Group B regulations, construction of 200 examples was required. However, the 288 GTO proved enormously popular, resulting in an additional order of 78 cars.

Using a sturdy chassis built of tubular steel, the 288 GTO featured a wheelbase of 96.4 inches, more than 4 inches longer than that of the 308 series. A four-wheel independent suspension featured coil-over dampers. The doors, boot, and bonnet were made of aluminium while GRP and carbon compound formed the balance of the car’s bodywork. The design itself strongly resembled the 308 GTB, down to the ‘flag-style’ rear-view mirrors, but featured more flared wheel arches in order to accommodate the 8 inch-wide front wheels and 10 inch-wide rear wheels. Larger spoilers were additionally fitted at the front and rear, a product of extensive wind tunnel testing. The rear wings had three slots behind the wheel – a fitting tribute to the design cues of the original 250 GTO. Up front, four driving lights were set in the radiator intake and were complemented by a deep chin spoiler. All cars were delivered left-hand drive and painted classic Ferrari Rosso Corsa.

Following the theory used in the 308GT/M’s engine placement, the new V-8 engine, Tipo F114B, was mounted longitudinally instead of transversely. This all-new 400 horsepower engine featured fourvalves per cylinder with Weber-Marelli electronic fuel injection and was originally developed for Lancia’s rally racing programme. The tremendous horsepower was provided by twin IHI turbochargers – one per cylinder bank – with two Behrair intercoolers. Lighter than the 308 by approximately 250 pounds, the 288 GTO was capable of 5-second 0–60 times and a top speed of 190 miles per hour. At 3,660 pounds, even the 5-litre Testarossa was no match for the nimble GTO.

Although the car was spartan in its construction, the interior was fully trimmed, as were all of Ferrari’s road cars. The seats were upholstered in black leather and the instrumentation included a 10,000-rpm tachometer, a turbo boost gauge, oil temperature and pressure gauge, as well as a water temperature gauge. Air-conditioning, electric windows, and an AM/FM radio with cassette player were the only options available.

The example offered here was delivered new to Peter Capone of Oyster Bay, New York, on 22 July 1985. As all such Ferraris, the car remained unregistered as it does not meet US safety and emissions regulations. In July 1993 the car passed through a dealer in California directly to its second, and current, owner, who imported it into the UK in 1995. It has remained in a private collection ever since.

The Rosso Corsa paint is good all around, presents very well, and is largely original, as is all the glass. The fit of the body panels is excellent and the car retains its two-piece wheels, shod in Dunlop SP Sport tyres, which also appear to be original. The interior is in very good condition as well, particularly the dash, which is as new, showing no signs of fading or wear. With the exception of the slightly worn driver’s seat, the black carpeting, black leather seats, and white roof lining are of the same excellent overall quality. Outfitted with factory original air-conditioning and power windows, the original Blaupunkt radio has been replaced but is available as well. The car does retain its correct GTO speakers, however. Given the car’s overall condition, and the odometer reading of approximately 1,100 kilometres, this very well might be the car’s mileage since new.

Featuring an original tool roll and space saver spare wheel, the front compartment is also factory correct and well maintained. The engine bay is completely original, tidy, and devoid of any corrosion or serious effects of ageing. The turbos were rebuilt in 2005 and the car recently underwent an oil service and the cam belts were replaced as well. The car is reportedly fault-free and runs and drives seamlessly.

A Ferrari of this time-warp quality, low mileage, and short ownership history is a special find indeed. As its low production numbers were a simple by-product of homologation regulations, the sight of a 288 GTO is a rare occurrence in itself. It is this perfect blend of unadulterated Ferrari performance and drop-dead, good looks that made the GTO an instant classic, an unrivalled sports car, and still one of the most desirable Ferraris ever to cross an auction block.
Addendum

Please be advised that the original speedometer unit (which indicated in miles and miles per hour) was replaced as required when the car was imported to the U.K., at which time the original mileage was approximately 6,100 miles. The present indicated mileage of approximately 1,100kms reflects the mileage since the replacement, for a total mileage of approximately 10,950kms since new.

Reference Number 13170

as of 9/14/2007

Overview
Car 1985 Ferrari 288 GTO
VIN ZFFPA16B0000577B 
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