The 1963 Ferrari 250 GTE 2+2 Series III holds a special significance as the model that fundamentally secured Ferrari’s financial future. This Pininfarina-designed coupe introduced four-seater usability to the marque without sacrificing style or performance. This particular chassis, number 4339, is notably the 100th Series III example constructed out of a very limited 300-car production run. It presents a strong investment case, retaining its original matching-numbers engine, chassis, and body. Its documented provenance, including ownership by prominent figures, adds substantially to its intrinsic value.
Matching Numbers and Factory Specification
This 250 GTE Series III was completed by the Maranello factory in April 1963. It was originally delivered in a dignified Grigio Argento finish over Black leather upholstery. The car retains its original engine (number 4339) and body (number 465). This is a crucial detail for collector value and authenticity. The vehicle currently presents in a vibrant red exterior paint. This color was applied during a restoration period that took place in the late 1970s.
Prominent Historical Ownership
The car boasts an interesting line of prominent former keepers, enhancing its history. In 1975, the Ferrari was acquired by John Hugenholtz, the famous Dutch racetrack designer. Hugenholtz was known for being the first track director for the renowned Zandvoort circuit. He was an avid Ferrari admirer. Later, in 1986, the car was sold to Marcel Petitjean, becoming part of The Petitjean Collection.
Restoration and Current Condition Notes
The classic coupe was subjected to a restoration effort between 1977 and 1978 by Piet Roelofs in Holland. It was during this work that the car received its current red exterior finish. For many years, the car was kept on static display in the Petitjean collection and was not heavily used. The consigning owner acquired the car in 2022. Prospective buyers should be aware that the car will require some mechanical recommissioning before being driven again. Some rust is noted at the bottom of the doors, which will require attention.
Documentation and Provenance
The accompanying history file is thorough and impressive. It includes a copy of the Ferrari build records and data sheet from the factory. The history also contains a report by Ferrari expert Marcel Massini. Most compelling is a written history of the car by its late former owner, Mr. Hugenholtz. This documentation provides rare insights into the vehicle’s past.
Engine Specifications and Performance
The 250 GTE is powered by Ferrari’s legendary Colombo-designed 3.0-liter V-12 engine. This engine, featuring three Weber carburetors, typically produced around 240 horsepower in the GTE application. The GTE was designed more for sustained speed and comfort than ultimate track performance. The V-12 engine delivers smooth, effortless power, perfect for high-speed grand touring. The engine’s distinct sound and engineering brilliance are central to its appeal.
Drivetrain and Grand Touring Dynamics
The V-12 engine is paired with a four-speed manual transmission with overdrive on the top gear. This setup was optimized for high-speed highway cruising with efficiency. Its performance was class-leading for a 2+2 coupe of the era. The GTE chassis was longer than the standard 250, allowing for the small rear seats. It successfully combines V-12 power with a relatively compliant driving experience.
Market Summary of the 1963 Ferrari 250 GTE 2+2 Series III
This 1963 Ferrari 250 GTE 2+2 Series III stands as a compelling and historically significant example of Ferrari’s four-seater lineage. Retaining its matching-numbers major components is a massive benefit to its desirability and value. Its prominent history, including ownership by John Hugenholtz and inclusion in the Petitjean Collection, is well-documented. While requiring some recommissioning work, this rare GTE offers a strong foundation for restoration and represents a classic investment-grade V-12 Ferrari.
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Source: rmsothebys.com
