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1959 Ferrari 250 GT LWB California Spyder14,000,000-17,000,000 USD - Estimate

1959 Ferrari 250 GT LWB California Spider Competizione by Scaglietti

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To Be OFFERED AT AUCTION at RM Sothebys' New York - ICONS event, 6 December 2017.
Estimates:
$14,000,000 - $17,000,000

A CALIFORNIA SPIDER MORE EQUAL THAN OTHERS

In the late 1950s and early 1960s, the golden era of sports car racing was at its height. Every weekend, privateers and manufacturers alike would take racetracks around the world, racing everything from homebuilt specials to the latest and greatest in handcrafted, exotic Italian sports cars. Races varied from fun and seemingly non-competitive to events where the reputations and livelihoods of manufacturers and professional drivers alike would hang in the balance. In many regards, post-war organized motorsport was still in its infancy, allowing for a sort of romanticism to be associated with the events, their participants, the spectators, and the cars themselves.

One of the major players in the sports car racing scene in the United States at the time was Luigi Chinetti. Chinetti was a highly successful racing driver in his own right (having won the 24 Hours of Le Mans outright in 1932, 1934, and 1949), the official Ferrari distributor for the U.S. East Coast, and the man behind the fabled North American Racing Team. Luigi Chinetti and N.A.R.T. entered a trio of cars for the 24 Hours of Le Mans in 1959. This included a 250 Testa Rossa (0666), a 250 GT LWB Berlinetta (1461 GT), and a 250 GT LWB California Spider, chassis number 1451 GT, the car presented here.

Within the hierarchy of the LWB California Spiders, chassis number 1451 GT sits at the very top of the pyramid. Built to full “competizione” specifications, it was the second of eight California Spiders bodied in aluminum and bore the first outside-plug, Tipo 128F engine, topped with high lift camshafts, triple 40 DCL6 carburetors, and a competition-spec fuel tank with an external fuel filter. Horsepower was quoted at an exceptional 262.5 bhp at 7,300 rpm. For Le Mans, its pilot and owner would be Bob Grossman, a successful sports car dealer based in Nyack, a village in Rockland County, New York.

BOB GROSSMAN’S FIRST TRIP TO LE MANS

Grossman was no stranger to Ferrari’s California Spider, as he had owned and raced one earlier that season. As evidenced in this car’s specifications, however, not all California Spiders were created equal, and Grossman was about to find out the difference between a “standard” California Spider and a proper factory-tuned and race-prepared macchina. Nonetheless, the car was very much fresh from the factory and barely turned out in time for the big race with the date of completion marked on the factory build sheets as 15 June, just five days before the race! Grossman and Chinetti certainly had the odds stacked against them. Stanley Nowak’s Ferrari California Spider elaborates on the pre-race atmosphere:

“Grossman recalls the exterior of the car was only roughly finished. A ‘flash’ of paint covered the primer and the unfinished seats were covered with ‘rags.’ Chinetti provided the very difficult to obtain special car and the very difficult to obtain entry for Le Mans, and he ran the show! Grossman was privileged to pay for the car and drive it! Even his co-driver was unknown to him and when they did meet, it was a bit awkward as Fernand Tavano spoke no English and Grossman spoke little French! In addition, Grossman had never driven at Le Mans!”

Of course, in the end, the California Spider was on their side, and the car did not disappoint. Grossman proved to be a consistent driver and with Tavano on his side, the pair made an excellent team. The pair covered 294 laps over the course of 24 hours, landing them in 5th place overall and 3rd in their class. This was a very impressive finish for the team, especially considering that this was Grossman’s debut at the Circuit de la Sarthe!

In an interview of Grossman conducted by Seymour G. Pond for Il Tridente magazine in 1995, Grossman reflects on his adoration of Ferrari and how reliable he found Ferraris to be during his racing career, commenting that “the expense in racing is not the car, it’s the maintenance . . . when I stopped racing Ferraris I found out what it cost to race.” This is brought up again in another interview of Grossman in the September 1959 issue of Car & Driver: “Having raced nearly every sports car under the sun, Grossman feels happiest of all with his Ferrari association (‘It may be expensive, but it's reliable. In thirteen races, I haven’t yet had any mechanical failure’)”.

RACING IN THE NORTHEAST AND THE BAHAMAS

After Le Mans, 1451 GT returned to the factory to be properly finished in metallic silver, before being shipped to its new home in New York and being reunited with Grossman. In the meantime, Grossman had sold his other California Spider, and when 1451 GT arrived, he immediately took to the track.

Grossman raced his California Spider at SCCA events at Thompson, Bridgehampton, and at the Watkins Glen Grand Prix before 1451 GT was put on a boat and shipped to Nassau, where it took part in the Nassau Speed Week races. There, its most notable finish was taking 1st overall in the Memorial trophy race. The 1960 season saw Grossman and his California Spider race at a variety of tracks in the Northeast, and it accrued 1st in class finishes at Marlboro on two separate occasions, Roosevelt and a 1st overall finish at Virginia International Raceway.

After its racing career came to a close at the end of the 1960 season, the California Spider left Grossman’s ownership and passed between owners in Maryland and Florida before being purchased by noted collector Gerry Sutterfield of Palm Beach Gardens. Sutterfield kept the car until around 1975 when he sold it to Sidney V. Stoldt of Ridgewood, New Jersey.

Finally, the car was sold in 1981 to Jon Masterson of Long Beach, California, who immediately commissioned a complete restoration, refinishing the car in Rosso Corsa over a beige interior, but keeping its competition features intact. The restoration was completed in August of 1983 and the car’s first event on the show circuit was the Pebble Beach Concours d'Elegance. The car’s significance was not lost on the judges of the world’s most prestigious concours, and 1451 GT came away with 1st in Class honors.

A string of both concours and vintage racing events followed, and the car did exceptionally well both on the lawn and on the track. The car returned to Pebble Beach in 1994, raced at the Monterey Historics on four separate occasions, ran the Colorado Grand in 1990, and appeared in numerous other events around California and elsewhere in the United States, traveling as far away as France, where it was shown at the 1990 Bagatelle Concours in Paris.

Masterson finally decided to part ways with his beloved California Spider when the current owner purchased it from him in 2007. Chassis number 1451 GT was not kept out of sight for long, and it appeared at the Cavallino Classic in 2008. Later that year, 1451 GT was granted Ferrari Classiche certification, confirming that it still boasts its original chassis, engine (complying to its original competition specifications), gearbox, and a rear differential of the correct type. In 2009, the car was driven in the Copperstate rally and shown at the Ferrari Club of America national meet a few months later and at the 5th Annual Masterpiece Concours in Milwaukee, Wisconsin.

RETURN TO LE MANS LIVERY

After attending the historic races at Moroso during the Cavallino Classic in 2010, the owner decided that it was time for another full restoration. This time, the car would be returned to its proper Le Mans livery. The Ferrari specialists at Motion Products Inc. were chosen to undertake the restoration, which was completed in 2011, at which time the car promptly returned to the show circuit. Shown for the first time in its proper, period-livery at the Cavallino Classic in 2011, 1451 GT received a platinum award.

Since then, the car has only been shown at a handful of select events. Driven by its current owner on the highly exclusive Le 250 Tornano A Casa tour in France and Italy in 2014, it returned to the United States where it was put on display at the 60 Years of Ferrari in America celebration on Rodeo Drive in Beverley Hills, California. The California Spider returned to Pebble Beach in 2015 where it earned 3rd in Class honors. The next year, it was shown at the Ferrari Club of America Annual Meet in Columbus, Ohio, where it fittingly won the N.A.R.T Award!

For the next owner, a number of tantalizing possibilities await, including continued entry to the world’s finest concours events and vintage races, and it would surely be welcomed at next year’s Le Mans Classic. Thanks to its powerful engine and tall gearing fitted for Le Mans, the current owner comments that this is an absolute pleasure to drive, as evidenced by its numerous entries in vintage races and rallies with not only its current custodian, but also with Jon Masterson as well. Few Ferraris campaigned at Le Mans can eclipse its significance and purity, and it can be argued that 1451 GT is one of the most significant Ferraris in existence, a high point for both Grossman and N.A.R.T.’s career during one of the most celebrated eras in motorsport.

<col width="183" /><col width="112" /><col width="269" /><col width="231" /><col width="111" />DATE RACE NUMBER EVENT DRIVERS RESULT
June 20-21, 1959 16 24 Hours of Le Mans Bob Grossman and Fernand Tavano 5th OA, 3st IC
August 9, 1959 91 SCCA National, Montgomery Bob Grossman 1st OA
September 6, 1959 91 Race 5, SCCA Thompson Bob Grossman 9th OA, 4th, IC
September 7, 1959 91 Race 4, SCCA Thompson Bob Grossman 6th OA, 2nd IC
September 20, 1959 119 Race 5, SCCA Bridgehampton Bob Grossman 1st OA
September 25, 1959 95 Watkins Glen Grand Prix Bob Grossman DNF
December 4, 1959 18 Governor's Trophy Preliminary, Nassau Bob Grossman 19th OA, 12th IC
December 4, 1959 18 Governor's Trophy Race, Nassau Bob Grossman 9th OA, 3rd IC
December 5, 1959 18 Ferrari Race, Nassau Bob Grossman 7th OA
December 6, 1959 18 Memorial Trophy, Nassau Bob Grossman 1st OA
December 6, 1959 18 Nassau Trophy Race, Nassau Bob Grossman 19th OA, 4th IC
April 16, 1960 40 President's Cup, National Races, Marlboro Bob Grossman 10th OA, 1st IC
May 1, 1960 19 VIR SCCA National Bob Grossman 1st OA
May 15, 1960 19 Race 8, SCCA Cumberland Bob Grossman DNF
May 31, 1960 41 Race 8, SCCA Nationals, Bridghampton Bob Grossman 7th OA, 3rd IC
June 6, 1960   Vanderbuilt Cub, Rossevelt Raceway Bob Grossman 10th OA, 1st IC
July 10, 1960   Marlboro Bob Grossman 10th OA, 1st IC
August 6, 1960 9 Race 1, Scca National, Montgomery Bob Grossman 4th IC


To view this car and others currently consigned to this auction, please visit the RM website at rmsothebys.com/en/auctions/NY17.

Reference Number 503189

as of 11/21/2017

Dealer
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Lot 141

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Car 1959 Ferrari 250 GT LWB California Spyder
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