From FERRARI Market Review & Buyer's Guide
November 2001
Chassis number: 0911 GT
Engine number: 0911 GT
Years produced ...................................... 1956-59
Number produced ............................................ 77
Original list price ..................................... $12,000
SCM Price Guide ......................... ãStandardä TdF
$700,000-$900,000;
14-louver comp. $1m-$1.5m;
Zagato-bodied $1.5m-$1.75m
Tune-up ................................................... $1,500
Distributor cap ................................ $500 for two
Chassis # ................................... Front frame tube
Engine # .................................. Engine rear mount
Club ........... Ferrari Club of America, Box 720597,
Atlanta, GA 30358;
Ferrari Ownerâs Club, 8642 Cleta St., Downey, CA 90241
Web site ................ www.ferrariclubofamerica.org;
www.FerrariOwnersClub.org
Alternatives .......................... 250 SWB, 250 MM
Twenty-six-year-old Luigi Taramazzoâs first success with S/N 0911 GT
(one of the most famous and successful of all Ferrari racing cars)
came shortly after taking delivery in 1958. He brought it home second
in class and sixth overall at the Coppa delia Consuma, behind the more
experienced Eduardo Lualdi, also driving a 250 GT TdF. Three weeks
later, he was the overall winner of the 1958 Mille Miglia, with
co-driver Gerino Gerini. (The last true open-road Mille Miglia was
held in 1957. The 1958 event was modeled after the Tour de France,
with wheel-to-wheel competition on closed circuits.) The duo were
consistent leaders from the event start and captured first place
overall by 1 hour and 25 minutes, beating the team of Villotti/Zampiero,
who were also driving a 250 GT.
Taramazzo continued his string of successes with 0911 GT following the
Mille Miglia against intense competition in Italian national
championship races. Taramazzo and 0911 GT captured the class win in
the important Trentio-Bondone hill climb on July 13, where he finished
seventh overall. Only a week later Taramazzo and 0911 GT won overall
at the Garessio-San Bernardo.
The prestigious and important Coppa Intereuropa, a one-hour timed
event, was held at Monza on September 7, the weekend of the Italian
GP. On the demanding 4.65-mile Grand Prix course in a race that drew
the finest competitors in Italy, Taramazzo brought 0911 GT home first
overall and of course, first in GT class. With an average of 107.2
mph, he was only 13.8 mph off the GT-winning speed of Tony Brooksâs
Van Wall Grand Prix car.
In the Fontedecimo-Giovi hill climb on September 28, Taramazzo and
0911 captured second overall and first in GT. At the Coppa San
Ambrocus at Monza, in another contest with his rival Lualdi, Taramazzo
came home second overall and in GT. With this podium finish, he
garnered enough points to be crowned the Italian National GT champion÷
one of the most coveted titles in Europe÷after a closely contested
season.
Taramazzo would race once more in 0911 GT before trading the car back
to Ferrari. The list of subsequent owners of 0911 GT is extensive
until it found a long-term home with author and Ferrari historian John
Starkey in the UK in 1980.
In brilliantly restored condition, and with an unmatched provenance,
0911 GT must be considered one of the most important vintage Ferraris
extant.
This car sold for $1.265m, including commission, at the RM Monterey
auction, held August 18, 2001.
The 250 GT put Ferrari on the map as the best, fastest and most
consistent of the GT racers of its day. Winning the grueling Tour de
France in both 1956 and 1957 earned it the popular name of 250 ãTdF.ä
In theory, the 250 TdF was available to anyone with the ability to
write a check to the local Ferrari dealer for $12,000. In fact, the
very best cars, with the latest camshafts, pistons and lightweight
parts were reserved for the best-known and most talented drivers. Even
so, a ãmildly tunedä 250 TdF was more than adequate to quickly run
away from virtually any competitor of its time, including Corvettes,
300SLs and Jaguar XK 140s.
This car had been crashed and repaired during its arduous competition
life, and the shape of the front body is certainly open to some
questions as to how true it is to the original shape. Nonetheless, its
eyeball appeal, superb provenance and first-rate presentation by the
auction company helped propel the sale price past expectations.
S/N 0911 GT, consigned by a longtime SCM subscriber, was well known to
the dealer/broker crowd in attendance at the DoubleTree Hotel. They
knew it had been bought just a year ago for less than $1 million. Its
30% jump in value brought a collective gasp from those same dealers
and brokers, who thought the market for high-end Ferraris might be
softening.
The turmoil in the global economy that resulted from the terrorist
attacks on America has not begun to settle. Whether money will flow
from stocks into cars, and whether high-end cars will suffer as those
who play in that market turn their attention to other things, is yet
to be determined. What is clear, however, is that whichever way the
market goes, superb cars with documented histories, like this one,
will always command a premium when put in front of the right audience.
÷Michael Sheehan
(Historic data and photo courtesy of auction company.)
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