Prepare for an exhilarating highlight at Mecum's upcoming Kissimmee auction, where the remarkable Ferrari 275 GTB/LM Competizione Speciale will take center stage. Previously sold for an astonishing $26.4 million, this iconic race car represents a significant milestone in the realm of collectible automobiles. The auction will be held JANUARY 2-14, 2024
While the Ferrari 275 GTB may not reach the legendary status of the 250 GTO, it certainly earns its place among Maranello’s elite sports cars. This striking 1964 model, finished in a vibrant red, is one of only three ever produced, making it a must-see for discerning collectors.
Though overshadowed by the acclaim of the 250 GTO, the 275 GTB is celebrated as a worthy successor, meticulously engineered to enhance Ferrari's supremacy in GT racing. Initially facing homologation hurdles due to its significant weight reduction compared to the standard road model, it ultimately achieved a compromise—though not without delays. Only one unit, bearing serial number 06885, raced during the 1965 season, impressively clinching a third-place finish at the prestigious 24 Hours of Le Mans.
This specific 275 GTB/LM Competizione Speciale, identified as no. 06701, is part of the exclusive trio produced, although it did not participate in major endurance races. Under the visionary design of Pininfarina and the craftsmanship of Scaglietti, it was originally painted in Rosso Cina before transitioning to a sophisticated Grigio Scurro Metalizatto. The car later found its way into the hands of Italian entrepreneur Pietro Ferraro in 1965 and has passed through the ownership of several notable collectors, including Leslie Wexner in 2014, before reverting to its original stunning red.
Beneath its captivating exterior lies the true essence of performance. The 275 GTB/LM is powered by a robust 3.3-liter Type 213 Colombo V-12 engine, equipped with six Weber carburetors, delivering approximately 300 hp to the rear axle via a five-speed manual transmission. Its exhaust system features side pipes reminiscent of the 250 LM, adding to its racing pedigree.
The spotlight at Mecum's Kissimmee 2024 auction, running from January 2 to 14, will undoubtedly focus on the 275 GTB/LM Competizione Speciale. While no official estimate has been provided, it’s anticipated that bids could easily reach into the eight-figure range. With its history of fetching $26.4 million, this model is poised for another potentially record-breaking sale.