For Sale: 2002 Ferrari 360 GT in Lakeland, Florida

$275,000 (OBO)

Vehicle Description

Ferrari 2002 360 N-GT s/n 007M one of 17 Michelotto's. JMB raced in 2002 FIA GT, second overall in championship, raced 2003 ALMS. Restored and in 2002 livery. Ready to race/track, new fuel bladders $14K, spare wets and rims, tools. $275,000 Call 863-619-9765. e-mail

The team JMB was asked at the end of the 1999 season to race and develop together with Michelotto, a GT on the basis of the F360 Modena Challenge and homologate for the FIA-N-GT series during the season 2000.
It was then that a 360 Challenge was modified to the FIA´s newly created GT regulations to compete against the Porsche GT2 in 2000. Michelotto further developed the 360 GTs into what is considered the ultimate specification and fastest 360, known as the 360 N-GT. JMB had been one of the first Teams to order several factory built up 360 Modena N-GT's for the new FIA GT Championship in 2001. The car proved so successful that the Ferrari factory commissioned Michelotto to create a works` 360 GT, which would be sold through Ferrari´s Corse Clienti department as 360GTC.

In the N-GT specification, Michelotto boosted the 360´s 3.6-liter V8 to 445 horsepower, an impressively high figure even with the required 30.8mm air restrictors. To match the power upgrade, a sequential gearbox was fitted, giving the car blisteringly quick gear changes. Michelotto tightened the suspension with stiffer shocks and springs, added an adjustable anti-roll bar and removed all non-essential weight, through the use of carbon fiber body panels, and polycarbonate windows and windshield. The interior consists of a racing cockpit that has been stripped of any unnecessary weight, features carbon fiber seats, and utilizes a roll cage for additional stiffness and safety. With wider fenders and spoilers front and rear, the 360 N-GT was approximately 200 pounds lighter than the 360 Challenge.
The 360 Challenge, chassis 0118459, was ordered and delivered to Michelotto, who was commissioned by the Ferrari works to carry out the development, and indeed carry out most of the work. This was documented by Michelotto as being a further amazing 173.000- Euros, to prepare the car for racing in the FIA GT 2002 championship.
The car on offer is the restored JMB #50 car.
This Ferrari 360 N-GT received number 007M, one of just 17 examples modified by Michelotto in 2001 for the upcoming season. These were numbered 000M to 016M, and JMB owned #'s 000M, 001M, 002M the 2001 FIA GT champions, 003M, this car 007M, and 008M.

Second Overall In 2002 FIA GT Championship:- 1st N-GT Magny Cours, 1st N-GT Silverstone, 2nd GT Brno, 2nd N-GT Jarama, 4th N-GT Anderstorp, 7th N-GT Oschersleben, 2nd N-GT 24h Spa, 4th N-GT Pergusa, 3rd N-GT Donington, 4th N-GT Estoril. 2003 7th GT Daytona, 3rd GT Sebring, 5th GT Miami. It probably has one of the best race histories of the original 17 cars by Michelotto. It was campaigned during the 2002 championship in Europe, #50, and the ALMS 2003 season in the USA, red #20/28 and Yellow #28). The car´s racing career ended in 2003.

Finished in original 2002 #50 JMB Giesse Racing livery, colours Green, White, Red, and some Blue, this particular car benefits from a fully race-outfitted interior, including a full roll cage, racing seat, and harness. The car has a race exhaust system, air-jacks front and rear, racing fuel fillers, BBS racing wheels, and front and rear tow hooks.

Well-suited for the enthusiast seeking to explore the tremendous performance on offer in a modern Ferrari, this 360 Modena N-GT offers the unique opportunity to acquire a track-ready limited production race FIA GT race car born from the collaboration between Ferrari and the respected Michelotto company. Having had a serious race pedigree in 2002 and 2003 owned and driven by the 2001 FIA GT Champion Pescatori and the JMB Giesse Racing Team, the car was indeed second overall in the 2002 FIA GT championship.

Its engine retains the FIA GT and ALMS spec intake air restrictors (leaving latitude for the truly power-obsessed to find new thrills.) It is reported that the maximum power without air restrictors could have been brought up to 540 bhp which makes it even today to a serious weapon on each track test day or fun racing. Ferrari Engine Sound - 360 NGT.

The car has had all routine services, with the timing belts done. Replaced fuel bladders, $14k, which need replacement after 10 years. Front flamblocks, and pads and discs were replaced. I have had no issues with the car at all, very reliable, and a head turner. It has slicks on at present, but has a set of wet tires on a set of rims, and a spare set of rims. Wheel chock and lift attachment and some spares.

Vehicle Details

  • Listing ID:CC-516424
  • Price:$275,000 (OBO)
  • Location:Lakeland, Florida
  • Year:2002
  • Make:Ferrari
  • Model:360 GT
  • Exterior Color:Blue, Green, Red, White
  • Interior Color:Black
  • Transmission:Manual
  • Restoration History:FullyRestored
  • Exterior Condition:Mint
  • Drive Train:RearWheelDr