For Sale at Auction: 1989 Ferrari 328 GTS in Amelia Island, Florida

Chassis No. ZFFXA20A8K0079860

Unveiled at the Frankfurt Auto Salon in 1985, the new Ferrari 328 showcased a refined evolution of its predecessor's wedge-shaped Pininfarina design. The 328 featured a more powerful 3.2-liter V8, increasing horsepower by 16 percent to 268 and the torque by nearly 20 percent to 224 lb-ft. This U.S.-market Rosso Corsa 328 GTS (Gran Turismo Spider) offers the added flair of open-air motoring with its removable targa-style top. Built during the final production year, it benefits from anti-lock brakes and the distinct convex 16-inch wheels.

The CARFAX Vehicle History Report for this 328 GTS begins in 1989, when it was first titled in Florida. It shows consistent mileage increases as the car went to Georgia and Massachusetts through August 2006, when the car was brought to Virginia with its current caretaker, having accumulated only 28,033 miles.

Between 2021 and 2023, this 328 underwent a comprehensive mechanical recommissioning and sympathetic cosmetic restoration. Marque expert Chuck Wray of Grand Touring Enterprises of Frederick, Maryland, performed the work. The refurbishment included a full engine-out service and attention to all major systems. Additionally, it proved to be the ideal opportunity to service the transmission, clutch, brakes, suspension, fuel, and cooling systems. Cosmetic improvements in the engine compartment were also completed before re-installation. The interior leather was refreshed, and new Wilton wool carpeting was installed. A full account of the work completed at Grand Touring is on file, totaling over $130,000.

This 328 has been a faithful companion on numerous weekend trips and tours over the past two years, including multiple DC British Reliability Runs. As a final-year model, the U.S.-market Ferrari 328 GTS represents the popular 308/328 series in its most refined and usable form. The next caretaker of this 328 will benefit from the extensive efforts recently completed along with its jack, spare, and books in leather folio. It embodies the most desirable features of a mechanically sorted and beautifully presented Ferrari.