Monterey | Lot 213

1989 Ferrari 328 GTS

Offered from the Ferrari Performance Collection



$154,000 USD | Sold

United States | Monterey, California

19 August 2017

Chassis No.
Engine No.
Gearbox No.
  • Ferrari Classiche certified
  • Less than 8,500 miles; ideally maintained
  • Extremely original, including factory paint and interior
  • Documented with invoices and CARFAX
  • Offered with original manuals and tool kit
Addendum: Please note that due to California emissions, this vehicle must be sold to a dealer or out-of-state resident.

This gorgeous example of Ferrari’s late-1980s eight-cylinder model benefits from a pampered life of minimal use, resulting in extreme originality. Chassis number 79638 completed assembly at the Maranello factory in December 1988, finished in Rosso and trimmed in Nero. Specified for the North American market, the car was exported to the United States and delivered in February 1989 to retailer Wide World of Cars in New York.

A CARFAX report demonstrates an incremental accrual of mileage over the years. First titled in Jersey City, New Jersey, in March 1989, the 328 appears to have remained in New York almost exclusively until a brief titling in Pennsylvania in 1999. After returning to New York, the GTS was sold in April 2011 to Shyam Venkat of New Canaan, Connecticut, who registered the car with personal tags reading “SV.”

As demonstrated by numerous invoices, Mr. Venkat routinely submitted the Ferrari for service and upkeep to Blackhorse Garage in nearby Bridgeport. Over the next few years the technicians at Blackhorse serviced the fuel injectors, installed a new oil cooler, replaced the air conditioning compressor, and detailed the cosmetics to a very high level. Most notably, in March 2016 they performed a full belt service. In September 2016, Ferrari Classiche certification was issued that confirms 79638 retains its factory-equipped numbers-matching engine, gearbox, and differential. The original wheels, which are also included, have subsequently been upgraded to the sporty three-piece set that it currently wears.

Displaying just 8,520 miles, this extremely original 328 still features its factory paint and interior, both of which remain in remarkably pristine condition. The GTS is accompanied by its original manuals and tools and would make a great addition to any collection as an original modern classic.

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