For Sale: 1970 Ferrari 365 GTB/4 Plexi-Nose Daytona w/ Audio Clips ($875,000)
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1970 Ferrari 365 GTB/4 Plexi-Nose Daytona w/ Audio Clips ($875,000)

400-euro-job Marketplace By 400-euro-job Marketplace
May 10, 2018

Photography by Jake Salyers

Written by Shayan Bokaie

PRICE: $875,000

THE CAR

European spec with Plexi-nose headlights. One of the best Ferrari reds, ever. Fully documented car with a nut-and-bolt restoration. Is your heart pounding? Are your palms sweaty? Good, they should be. This 1970 Ferrari 365 GTB/4 Daytona finished in the period correct and gorgeous Rosso Nearco is our latest addition to the 400-euro-job Marketplace. This car is a known quantity having being shown at events since it’s importation in 1979 and personally inspected and documented by his eminence, Ferrari historian Marcel Massini. Most recently restored and offered by Autosport Designs of Long Island, New York this Daytona was built to steal the show at concours and simultaneously be a turnkey example you can thoroughly enjoy (which we highly encourage).

We’ll first take a deep dive into the condition of the car, then talk about the current Daytona market and significance of the model. If you just came to hear her roar, scroll down to the Mechanical Condition section and let her rip.

EXTERIOR

Body – Straight all around with excellent gaps, the car still has all its original panels in the same, if not better, condition than it did when it left the factory in Maranello. It’s concours restoration and has an award winning presence from every angle. Full photo set of the restoration available in Documentation section below.

Paint – Originally Rosso Rubino, but received a glass-out respray in the lighter Rosso Nearco by Westchester Classics in 2014 to a concours standard. This shade of red is both unique in a sea of Rosso Corsa Ferraris and well suited for the Daytona’s lines.

Rosso Nearco pays homage to an undefeated Italian thoroughbred race horse heralded as ‘one of the greatest race horses of the Twentieth century’ with wins at the Derby Italiano and Grand Prix de Paris.

Chrome, Trim & Glass – Both the original glass and trim are in exceptional condition looking factory fresh with no pitting or scratches. The chrome was properly three staged plated and clean enough to eat off of. All brightwork, aluminum or stainless, are correctly polished or brushed per factory spec.

Wheels – The car is wearing fully restored and polished 7.5” x 15” front and 9.0” x 15” rear Borrani wire wheels wrapped in period correct Michelin  XWX 215/70/VR15 and 225/70 VR15 tires which make the silhouette and stance of the Daytona unmistakable.

INTERIOR

Steering Wheel – Big and bold, the wood-rimmed 3-spoke Ferrari steering wheel is in good condition showing light patina and immediately catches your eye through the glass as you walk up to car.

Dashboard & Instrumentation – Inside the brushed aluminum cluster are black Veglia gauges which are a treat to peek at while ‘checking in’ with the Daytona on the go and watching the signature tach bounce. As a European model, you read in Italian olio and acqua which is simply the icing on the cake. All gauges, AC, and instruments are restored and functioning correctly.

Seats, Trim & Carpet – Originally black, the seats were replaced and restored in tan with black accents contrasting the exterior color brilliantly. Fresh tan carpets and black Daytona inserts compliment and create an open cabin atmosphere and just a wonderful place to sit. All interior work completed by renown restorer Johann Merkhofer of Coachtrim in New York.

MECHANICAL

Engine – The matching-numbers, 4.4L V12 is present, featuring the famous six Weber carburetors. In 2010 the car saw a complete engine, transmission, and differential rebuild by Dayal Dindral of Prancing Horse Motors in Burlingame, California. Compression and leakdown figures gladly supplied on request.

Transmission – As mentioned the transmission was rebuilt in 2010 while the car was under the knife for a comprehensive mechanical restoration at Prancing Horse Motors. The casing is original to the car and in tip top shape being refreshed during it’s current tenure with Autosport Designs.

ORIGINALITY

Documented and numbers matching, this is a largely original example for a restored car. Paint color and interior color have changed since new. The car comes with the original tool set and owners manual.

DOCUMENTATION

This car is certainly in the upper echelon of documented Ferraris, qualified by Massini report with history and notes from 1970, known ownership, and various Concours showing and awards. Additionally, extensive maintenance and , receipts and records are all available for review upon request.

OWNERSHIP TIMELINE

As documented in the Massini report, the car was imported to the United States in 1979 and has had 10 owners since new (see above).

SHOWS & AWARDS

Ron Spangler’s Prancing Horse Farm, Bel Air, Maryland, October 1979

Gold Award – FCA Vintage Ferrari Concours, Monterey, California, August 1998

Amelia Award Ferrari Production, 1965 – 1972 – Amelia Island Concours d’Elegance, Amelia Island, Florida, March 2014

Greenwich Concours d’Elegance, Greenwich, Connecticut, June 2014

The Quail, A Motorsports Gathering, Carmel Valley, California, August 2014

Amelia Island Concours: Daytona Competition, March 2018

MARKET OBSERVATIONS

The Daytona market is firmly commanded by the GTS/4 Spiders where $2 million is usually the minimum price of admittance – and rightfully so, with only 122 genuine example made (many coupes have been converted to spiders).  The coupe Berlinettas were produced in larger numbers with just over 1,200 examples made in its 5 year production run from 1968-1973, and thus more affordable where getting into the market with a decent example costs around $700-$750k. From there, the market appreciates fairly standard characteristics in originality, like the 9k-mile chassis #14219 which saw over $1 million 2016, and restoration quality, known ownership, concours award, etc.

– Chassis # 16725, Rosso Chiaro on tan example, respray, restored, RHD

– Chassis # 12905, Red on black, respray, Plexi-nose

 – Chassis # 14219, Rosso Chiaro on tan example, 9,000 original miles, very original car

OUR THOUGHTS

End Of An Era, In More Ways Than One – Yes, it was the last classic-era front engine V12 for Ferrari, however it’s significance is beyond than that.  Most jaw-dropping cars of the ’50s and ’60s aren’t the most user friendly and the cars after them of the ’70s and ’80s lost a lot of that distinctive craftsmanship. Thus, the Daytona is the conclusion of arguably the most appreciated decade of automotive design while extracting the right engineering features to make it an absolute blast to drive – classic V12, 4 cams, plenty of carburetors, transaxle and sophisticated suspension all in a car it’s designer Leonardo Fioravanti describes as “the best I ever done and the one I am most proudest of.”

Plexi-nose Headlights – Everyone loves popup headlights, but they were adapted on the Daytona to meet US regulations. The Plexi-nose preserves the shape the way Enzo intended and allows the silhouette to exist uninterrupted. Additionally, only about 400 cars have this design featuring making it even more collectible.

Known Quantity – The Massini report sheds light on the pampered life this car has lived. The car isn’t coming out of the woodwork with mysterious gaps in ownership and records, it’s been under custodianship of thoughtful stewards who’ve taken care of it over the years.

MEET THE SELLER

This car is for sale by Tom Papadopoulos of Autosport Designs in Long Island, New York.

MORE ABOUT THE MODEL

Yes, the Lamborghini Miura changed the modern supercar forever with its mid-engine layout. And yes, as a result the Lamborghini Miura probably outshined the Ferrari Daytona in period. Nevertheless, what the Daytona lacked in panache it made up for in spades with driving excellence dubbed “the best sports car in the world” by Road & Track.

The Daytona closed a chapter for Ferrari’s independence as Fiat purchased a 40% stake in the company in 1969. Funny enough, the name ‘Daytona’ was unofficial, adopted by the media in recognition of Ferrari’s 1-2-3 victory at Daytona in ’67. It’s rumored Enzo wasn’t pleased with the name, but it stuck regardless.

DESIGN

Like it’s predecessor the 275 GTB, the Daytona featured disc brakes, independent suspension, and transaxle but with updated and improved aerodynamics, particularly related to the front nose. The endlessly long hood arrive at the Plexiglass nose housing 4 headlights which was swapped for the pop-up headlights in 1971.

Reflecting on designing the Daytona, Leonardo Fioravanti said “I worked for seven days without taking a break and then showed my ideas to Sergio Pininfarina. He liked them, as did Enzo Ferrari, and that’s how it came about.”

WATCH: THIS FERRARI DAYTONA IS A V12 KEEPSAKE

See what it’s like to drive and live with a later Daytona:

 

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