This wreck of a Ferrari was sold for £20,000

This piece of Ferrari 275 GTS Pininfarina was bought for an extraordinary sum. But why?

Photo by: RM Sotheby's

By: Thibaud Comparot

Nov 2, 2024 at 4:24am ET

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The world of cars can be a curious place, especially when it comes to wrecks or, as in this case, pieces of steel. What you see in these photos comes from a Ferrari 275 GTS, one of the 200 built by the Maranello company, and was sold for the princely sum of $25,200 (approx. £20,000). A crazy figure?

Perhaps not too crazy, considering the rarity of the car and the value for which the few remaining examples were able to be sold. The RM Sotheby's auction website also praises its potential as a piece of "garage art".

An important piece of scrap metal

The piece of sheet metal you see in the photos in this article comes from a very rare Ferrari 275 GTS delivered to the USA with chassis number 7921, finished in red; one of only 200 original 275 GTSs built.

Originally sold by Luigi Chinetti Motors to an unknown Mr Harris, it is believed to have ended up in the extensive collection of Rudi Klein, whom we have already told you about in these pages, after being purchased by the owner of an American junkyard in the 1990s. All that remains of the car in question is a piece of sheet metal that was sold at auction by RM Sotheby's in Los Angeles for the astronomical sum of £20,000.

An almost unique car

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To understand the rarity of the car in question, we need to start with its presentation. The Ferrari 275 GTS is in fact the convertible version of the 275 GTB, designed by Pininfarina and presented at the 1964 Paris Motor Show with a 3.3 litre V12 engine developing 260 PS and 150 mph.

The car celebrated its 60th anniversary this year and, given that only 200 were produced, represents a milestone in world motoring that is now being sold at auction for just under €2 million (£1.7 million).