Lot 216

Monterey 2021

1970 Ferrari 365 GT 2+2 by Pininfarina


$335,000 USD | Sold

United States | Monterey, California



Chassis No.
US Title
  • The 556th of 809 examples produced between 1968 and 1971
  • Delivered new to Montreal, Quebec
  • Finished in Rosso Corsa over Nero leather
  • Documented by marque historian Marcel Massini; accompanied by tools
Please note that this lot is titled as a 1971.

Introduced by Ferrari at the Paris Salon in 1967, the 365 GT 2+2 was the marque’s largest and most luxurious model to date, carrying forward the growing demand for high-speed transport with accommodations for up to four passengers. Designed and constructed by Pininfarina, it had a low-slung fastback design and was the first Ferrari GT equipped with standard power steering, brakes, windows, and a self-leveling independent rear suspension. The 4.4-liter V-12 engine was fitted with three Weber carburetors and was factory-rated at 320 horsepower.

Such performance was combined with a luxurious interior to make a most impressive grand tourer. Plush leather, luxurious veneered trim panels, a wood-rimmed steering wheel, air conditioning, and a radio completed the interior appointments. Just 809 examples were completed between 1968 and 1971.


Research on file from marque historian Marcel Massini indicates this 365 GT is a Canadian-market example delivered new to Montreal, Quebec importer George Woolley. Completed in March 1970 and delivered to Woolley shortly thereafter, chassis number 12989 was originally clad in the rarified shade of Grigio Mahmoud (2.443.931) over a Nero (VM 8500) leather interior. The car’s present exterior shade of Rosso Corsa and Nero leather interior were likely provided at some point during this 365 GT’s twilight years with its original owner.

By 2005, chassis 12989 had been acquired by noted collector of all high-powered Italian items, Hugh Welsford of Mississauga, Ontario. Welsford is believed to have purchased the car directly from its original custodian. Some years later, the car had taken up residence in Southern California with its next caretaker, until passing to the consignor.

In early 2018, it was treated to a major servicing regimen which included four new Michelin XWX radial tires, a complete fluid flush, new battery, a rebuild and re-core of the original radiator, new alternator, spark plugs, ignition consumables, clutch kit, rear seal, filters, and a period-correct ANSA exhaust system. This 365 GT was also furnished with over 20 hours of cosmetic detailing which surely improved its handsome styling. As presented, 12989 currently rests on a splendid, period-correct set of 15-inch Borrani wire wheels wrapped in Michelin XWX tires.

This handsome 365 GT is now accompanied by tools and jack. As one of the most comfortable, long-legged GT cars of its time, it is no wonder that the 365 GT 2+2 has become increasingly prized amongst the pantheon of Ferrari GT road cars.