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For Sale at Auction: 1969 Ferrari 365 in Amelia Island, Florida

Vehicle Description

Chassis No. 12681

Despite reaching the 500 road-going examples of the 365 GTB/4 required for FIA homologation in the Group 4 Special Grand Touring Car category by 1971, Ferrari had no intention of developing a competition version of their Miura-beating grand tourer. Nevertheless, a number of privateers made it their mission to race the Daytona, with Luigi Chinetti's North American Racing Team (NART) being the first to prove its competition potential. The racing driver and Ferrari importer ordered an aluminum-bodied Daytona, which he campaigned unsuccessfully at the 1969 24 Hours of Le Mans. Undeterred, Chinetti developed two additional Competizione examples, his foresight finally paying off in 1971 when chassis number 12467 achieved a fifth place finish overall at Le Mans. These early attempts by Chinetti's NART team garnered the attention of Ferrari's Assistenza Clienti division, who began developing factory competition Daytonas in the summer of 1971. Ferrari would produce three different batches of five cars each, with Series III specification being the final and most evolved of the three batches. Limited to 15 true works examples built between 1971 and 1973, with additional examples prepared for racing in period, private specialists continued converting road-going Daytonas to Competitzione specification long after the Daytona's racing retirement.

Starting life as a left-hand drive, plexi-nose road car for the European market, this 365 GTB/4 was dispatched to Motor S.a.s. di Carla Allegretti e C., Bologna, Italy, and sold new to Dino Fabbri of Milan, Italy in July 1969. The Massini Report on file and available for review upon request shows that the Ferrari was originally finished in an extremely rare shade of Verde Pino (106-G-30) over Beige (VM) Connolly leather. Like many exotic Italian GT cars of the era, Daytona 12681 made its way to the United States in 1976 where it is known to have been owned by Richard Ernest Watkins of Richmond, Virginia prior to trading it in to Foreign Cars Italia (FCI), Greensboro, North Carolina in December 1978. Recorded as being finished in burgundy over a black interior and riding on Borrani wire wheels, 12681 was sold to Carl Caskey of Augusta, Georgia in March 1979 and subsequently returned to FCI the following year. The car was carefully disassembled by FCI to begin a full restoration and Competizione conversion. Priorities change, and by October 1983, the incomplete 12681 and numerous competition parts were offered for sale by FCI and purchased by an owner in Tennessee before selling the project himself a year later to the Netherlands. Its Dutch owner promptly commissioned marque expert Piet Roelofs of Roelofs Engineering to complete the Competizione conversion, concluding his work in 1985. A further two Dutch owners followed before 12681 entered the long-term care of Rudolph Booker of Amsterdam, Holland, enjoying steady maintenance during his 15 year stewardship. The succeeding decade saw the Ferrari return to the US before being acquired by the Virginia-based collection of its late owner in 2009.

During its current ownership, the Daytona has been seen at various historic motoring events between 2014 and 2018, including the Monterey Motorsports Reunion, Classic 12 Hour at Sebring, and Classic 24 Hour at Daytona. With support from Heritage Motorsports race team, 12681 was campaigned at the highest level in the hands of former Formula One drivers Jochen Mass and Arturo Merzario, as well as other prominent professional drivers. As one would expect with a frequent competitor, the car has been subjected to regular and substantial maintenance. Most notably, the engine, six Weber carburetors, and differential were treated to a full rebuild in 2016 by Francorchamps of America in Costa Mesa, California. The consignor states that a replacement engine block was sourced from the Netherlands for the rebuild, while the car is believed to retain its original five-speed transaxle. Machining of the block, coating of the pistons, and replacement of the piston rings, timing chain, valves, seats, and guides round out a sampling of the work performed. A full description of the work completed in the rebuild is detailed in an accompanying service invoice in excess of $59,000. Furthermore, this Daytona is offered with a removed spoiler that was previously mounted to the trunk lid, an additional set of alloy 15-inch Campagnolo wheels with hexagonal knockoffs, and an FIA Historic Technical Passport dated 11 July 2014. Photographing well under the lights of Heritage Motorsports President David Hinton's workshop, the car wears an older repaint in Rosso Corsa and presents in race-prepared condition, recently benefitting from a respray of the front chin spoiler in black earlier this year.

A faithful tribute to one of the greatest GT cars in Ferrari history, this expertly sorted Competizione conversion stays true to the formula of continual development pioneered by NART and other privateers of the early 1970s. This potent and highly unique version of an already special Ferrari is ideal for an owner who wants their Daytona to stand out among its 'ordinary' road-going counterparts, or a factory Competizione owner seeking a conversion for competitive purposes. Having seen eight hours of running time in practice and races since completion of the rebuild, chassis no. 12681 remains a highly usable and competitive berlinetta that would make an intriguing addition to any Ferrari enthusiasts' collection.

Vehicle Details

  • 1969 Ferrari 365
  • Listing ID: CC-1685320
  • Price: Auction Vehicle
  • Location:Amelia Island, Florida
  • Year:1969
  • Make:Ferrari
  • Model:365
  • Odometer:82000
  • Stock Number:AM23_006
  • VIN:12681
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