1966 Ferrari 275 GTSSOLD
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Estimate: $425,000-$500,000 US

Sold: $445,500

260bhp, 3,285 cc single overhead camshaft Colombo V12 engine, five-speed synchromesh manual gearbox, four-wheel independent suspension, and four-wheel disc brakes. Wheelbase: 94.5" (2,400mm)

With its sleek open coachwork, designed and built by Pininfarina, the Ferrari 275 GTS replaced the 250 GT PF Series II Cabriolet. Introduced simultaneously with the 275 GTB at the 1964 Paris Auto Salon, the two models were markedly different in their respective designs. Cleaner and more muscular, with open headlights, an egg crate grille, and wing vents, the open Spyder variant was clearly intended for the American market and California in particular, where the attractiveness and marketability of a grand touring cabriolet had long been established.

Built in Turin, the 275 GTS bodies were assembled from steel with alloy doors, bonnets, and boot lids to form a rather conservative, yet tremendously attractive design. Departures from the GTB continued to the interior, where the GTS’ seats were somewhat less bolstered yet trimmed in luxurious Connolly hides.

In keeping with its gran turismo character, the 275 GTS was powered by the latest 3.3-liter version of Ferrari’s proven Colombo V12 engine design, named after its designer, Gioacchino Colombo. Redlining at 7,000 rpm and developing 260 brake horsepower, this Tipo 213 powerplant was capable of propelling the nimble Ferrari to 100 kilometers per hour in just under seven seconds, en route to top speeds in excess of 220 kilometers per hour, depending upon rear end gearing.

As with the berlinetta, the most important changes were in the chassis, classified as Tipo 563. Enzo Ferrari had long insisted on live rear axles and leaf springs for his street cars, years after he himself had proven the benefits of independent rear suspension on the track. Perhaps it was his rival Ferruccio Lamborghini’s new 350 GT, with its twin cam V12 engine and four-wheel independent suspension, which finally spurred Il Commendatore to update his roadgoing models. Whatever the reason, the changes were dramatic. The front and rear suspension configurations were identical, with upper and lower wishbones and coil springs all around. Four-wheel disc brakes were standard and provided race-proven, fade-free stopping power, matching the legendary thrust of the V12 engine. Perhaps the most interesting update was the installation of a new five-speed rear-mounted transaxle, which improved interior space while giving the car much better balance and more favorable weight distribution.

The 275 GTS quickly gained the praise of the enthusiastic press as well as Hollywood icon Steve McQueen, who was a great fan of the Ferrari 275. For the August 8, 1966 edition of Sports Illustrated, McQueen was asked to track test a fabulous group of new sports cars at Riverside. Among these was the 275 GTS. McQueen owned a 250 GT Lusso at this time. Of the 275 GTS he wrote, “With more inches than mine (the Lusso) and a better power arc I was pushing 140 mph. Top speed in ideal conditions is better than 150. The car was set up just the way I like it – for oversteer in tight corners and understeer in fast ones…The steering was heavy at 20 mph as it should have been, and became progressively lighter as I went faster…Clicking through the five-speed gearbox was a pleasure; Ferrari gearboxes shift like a knife through butter. You throw the stick, and it just kind of finds its own way.”

More recently, Bruno Alfieri adroitly summed up the enduring impact of the Ferrari 275 GTS and GTB within the context of the crowded sports car market of the 1960s. While Alfieri acknowledged that these two Ferrari models were certainly able to equal and surpass many of their contemporaries, “…there was a fundamental difference: the two models from Maranello were the direct descendants – as always in the Ferrari tradition and spirit – of competition cars, and that made them unique, fascinating, and extremely enjoyable to drive.”

The production cycle of the brilliant 275 GTS was rather brief, however, and continued only until early 1966, when it was replaced by the 330 GTS. In fact, just 200 examples of the 275 GTS were produced with many destined for American shores.

According to factory paperwork, the example offered here, s/n 07655, was completed in July 1965 and imported new in autumn of that year to the United States by Luigi Chinetti Motors of Greenwich, Connecticut. By August 1966, it was owned by one Mr. Petrascoro of New Jersey before eventually coming under the ownership of Steve Saunders of Illinois in the 1980s, having since been repainted red and fitted with a tan leather interior. Advertised for sale in 1989, it had received a new beige top and its transaxle, heads, and clutch were rebuilt. Showing just 19,000 miles, it was sold in 1990 to William Jacobs, also of Illinois, before being acquired by the previous owner in the late 1990s with the same general mileage, complete with its tools and books, and advertised as a former class winner at the Ferrari National meet.

An avid and dedicated collector, the previous owner drove s/n 07655 rather sparingly, with the exception of a tour through New England in the 1999 Forza Mille. Finished in Rosso Chiaro with a tan top, tan leather interior and the very desirable Borrani wire wheels, the car remains in excellent cosmetic and mechanical condition, highly presentable and well-suited for continued enjoyment. Since acquiring the car, which has been Ferrari Classiche and FNA certified, the vendor has carefully maintained it in his Florida collection.

Characterized by wonderful sounds, superb balance, and great style, the driving pleasures afforded by a 275 GTS are unparalleled. One of only 200 examples produced, this handsome, well-documented and professionally maintained car exemplifies the Ferrari gran turismo spirit in its purest, V12-powered form.

Reference Number 38594

as of 2/10/2009

Car 1966 Ferrari 275 GTS
VIN 07655 
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