Lot 125

1989 Ferrari 328 GTS


$235,200 USD | Sold

United States | Miami Beach, Florida



Chassis No.
Engine No.
Swiss Carte Grise
  • One of just 6,068 total 328 GTS models built
  • Very well preserved, displaying just 2,400 kilometers (1,491 miles) at cataloguing time
  • Powered by a mid-mounted 3.2-liter 90-degree V-8 engine mated to a manual five-speed transmission
  • Ferrari Classiche Certificate of Authenticity

One of the last Ferraris to be engineered and launched during company founder Enzo Ferrari’s lifetime, the 328 series replaced the immensely popular 308 series in 1985. While still featuring Maranello’s transverse mid-mounted Dino V-8 engine, the new model sported extensive performance and aesthetic upgrades.

Designers at Pininfarina carefully balanced aesthetics with emerging research into drag coefficients and aerodynamic lift while staying true to Ferrari’s design language. Designor Leonardo Fioravanti’s original wedge profile was softened with a redesigned nose complimented by a matching tail valance. Bumpers were painted body color to blend with the valance panels and further modernize the design. Gone were the exhaust air louvers behind the retractable headlights, replaced with a larger front radiator air louvre spanning the lower third of the hood.

Its predecessor’s all-aluminum, naturally aspirated Dino V-8 engine was enlarged to 3.2-liters and fitted with a sophisticated Marelli electronic ignition system while retaining its bulletproof Bosch K-Jetronic fuel-injection system. An antilock brake system was added to the four-wheel ventilated disc brakes in 1988, further improving drivability in for the car’s final year of production.

The improved engine was good for a claimed 270 horsepower and capable of launching the car to 60 mph in under 6 seconds. Available as either a “Gran Turismo Berlinetta” closed coupe or “Gran Turismo Spider” with a targa-style removable roof panel, the 328 proved to be among Ferrari’s most popular models, with nearly 20,000 examples produced before being superseded by the 348 in 1989.

Presented in the ultimate Ferrari combination of Rosso Corsa over Pelle Beige leather upholstery, one of these 328 Gran Turismo Spiders is offered here. The car was completed by Ferrari in July of 1989 and sold new through Garage de Moncor S.A. in Villars-sur-Glâne, Switzerland. Sparingly driven its whole life, it remains in remarkable condition, with only 2,400 kilometers (1,491 miles) displayed on the odometer at cataloguing time. The car is accompanied by a Ferrari Classiche Certificate of Authenticity and several invoices, including one from October 2022 that details the important cambelt service.

Ferrari 328s are now getting the respect they deserve and as such their values continue to climb. Marque enthusiasts will be hard-pressed to find a more appealing example than this low-mileage, well-preserved 328 in quintessential Ferrari colors.