Open Roads, Fall | Lot 2026
1986 Ferrari 328 GTS
$125,000 - $150,000 USD
| Bedford Hills, New York
11 - 20 November 2020
- One of 6,068 examples of the 328 GTS built from 1985 to 1989
- Purchased new from Hollywood Sport Cars by famed hot rodder James Khougaz
- Three-owner, time-capsule example with just 10,407 miles from new
- Finished in the exceedingly rare shade of Azzurro Blue
Arguably Pininfarina’s quintessential design of the 1970s and 1980s is that of the Ferrari 308. The 308 was an instant hit and became one of Ferrari’s most iconic automobiles. Considering the success of the 308 GTB and GTS models, Ferrari knew that it was in its best interest to retain the same formula for the car’s successor, the 328.
Stylistically, the design remained very similar to its predecessor, save for molded bumpers, a slightly smaller front grille and a small roof spoiler. The engine was addressed too, and capacity grew to 3,186-cc through increasing the bore and stroke, hence the car’s designation of ‘328’. Ferrari built the 328 in GTB and GTS configuration from 1985 to 1989.
This 1986 Ferrari 328 GTS, finished in rare Azzurro Blue over Beige, was purchased new by James Khougaz from the renowned Hollywood Sport Cars in Hollywood, California. Khougaz was a well-known builder of hot rods in the 1950s and 1960s, and he always longed for a Ferrari. Khougaz cherished and drove the 328 GTS sparingly before his age caught up with him, resulting in the car being left in his climate-controlled garage, where it sat for nine years before his passing.
The second owner acquired the Ferrari from Khougaz’s estate and a complete service was commissioned, which included the replacement of the timing belt in 2013. It was subsequently purchased in early 2014 by the current owner, who has since put just 1,341 miles on the car. Under current ownership the car has benefitted from no expense spared maintenance at the Meccanic Shop North, Miller Motorcars, and Auto Turismo Sport.
Included with the car is the original sales contract and window sticker from Hollywood Sport Cars, previous registration documents, service records going back to 1987, period advertisements, owner’s and warranty manuals with pouch, and original tool kit. Scans and images of all records are on file for review to prospective bidders.
With three owners and just 10,407 miles from new, this 328 GTS, finished in a color not often seen, is a Ferrari not to be missed.