The Petersen Automotive Museum Auction | Lot 196

1972 Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti

$775,000 USD | Sold

United States | Los Angeles, California

8 December 2018

Chassis No.
Engine No.
Gearbox No.
B 1498
  • Presented in highly original condition; just over 11,000 miles from new
  • Unearthed in 2011 after 30 years of storage
  • Careful cosmetic and mechanical refurbishment by Carrozzeria Zanasi
  • Ferrari Classiche certified; retains its original drivetrain

The fascinating Ferrari 365 GTB/4 Daytona presented here, chassis 14999, was produced for the 1972 model year and shipped to Luigi Chinetti Motors in Greenwich, Connecticut, in February of that year. Finished in Rosso Cordoba (106-R-7 Salchi) over a Pelle Beige (VM 3218) interior with Nero seat inserts, it was sold new to Howard O’Flynn of Fort Lee, New Jersey, in April. Allegedly, this is one of only five Daytonas to have left the factory in this color, a darker shade of red, nearing brown, than Ferrari’s typica Rosso Corsa. O’Flynn was a banker and certainly no stranger to Ferraris. A close friend of Luigi Chinetti, he was a supporter of the North American Racing Team (NART) and at one point owned and campaigned one of Chinetti’s former 365 GT4 BB Competiziones at the 1978 24 Hours of Le Mans.

According to a copy of an insurance card on file, O’Flynn kept the car in New Jersey until at least 1976. Sometime in the 1980s, allegedly still in the ownership of O’Flynn, the Daytona moved to Texas and was put into storage with a Maserati Bora and a Ferrari Dino 246 GTS. There, the Daytona remained untouched for approximately 30 years, when it was unearthed with only 9,750 miles on the odometer. Photos of the car in storage and its discovery accompany the history file; it is understood that the car needed very little to get it running again other than a swap of fluids and carburetor overhaul.

In 2013, the Daytona left the U.S. when it was purchased by a gentleman in Germany. Upon arrival, it was sent to Ferrari Eberlein in Kassel to be inspected for Ferrari Classiche certification. Shortly thereafter, it was sent to Carrozzeria Zanasi in Maranello, a skilled shop that works directly with Ferrari. There, the original paint, now deteriorated from many years in storage, was stripped. The body was found to be in excellent condition, and the car was repainted in its original color. Simultaneously, a full mechanical inspection was undertaken, and any item that needed replacement to insure safe driving was replaced.

Purchased by its current owner in 2016, the car was returned to the U.S. and has appeared at a handful of concours events since its return stateside. Its first showing was at the Ferrari Club of America Annual Meet in 2017 where it was awarded a Platinum Award. Later that year, the car was shown at Concorso Italiano and appeared at the Casa Ferrari at Pebble Beach in 2017.

It is accompanied by a tool roll, a file of documentation containing invoices from the recent work completed by Ferrari Eberlein and Carozzeria Zanasi. The Daytona’s Classiche certification binder confirms its level of amazing originality, as the car retains both its original engine and gearbox. The odometer is currently showing just over 11,000 miles from new, only 2,000 of which have been accumulated since the car was removed from long-term storage seven years ago. This is surely amongst the lowest mileage and most original Daytona in existence, thanks to its many years in storage and careful custodianship from subsequent owners.

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