The €7.5 Million Story: 1948 Ferrari 166 Spyder Corsa Race Car

The €7.5 Million Story: 1948 Ferrari 166 Spyder Corsa Race Car

Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is thrilled to announce the consignment of what many consider to be one of the most original early Ferrari models extant to its inaugural Concorso d’Eleganza Villa d’Este Auction. Never before offered for public sale, the 1948 Ferrari 166 Spyder Corsa with Coachwork by Carrozzeria Ansaloni (Estimate: €5.500.000 – €7.500.000), is one of two examples purchased by the Besana brothers, Ferrari’s earliest customers.

The Spyder Corsa on offer, chassis number 004 C, finished sixth overall at the 1948 Targa Florio and is a veteran of the 1948 and 1949 Mille Miglia races, while also boasting period Formula Two competition and hill climbs to its credit. Complete with Ferrari Classiche White Book certification with its original body, chassis, 2.0-liter V12 engine, and five-speed racing gearbox, it is further complemented by 50-year family ownership from 1965 to 2015 with multiple in-depth editorial pieces documenting its impressive provenance. The car has received numerous awards, including a 2004 Pebble Beach Concours d’Elegance class award in addition to being displayed at Pebble Beach within Casa Ferrari in 2019 and 2022. Further accolades include a Best of Show at the 2003 FCA National Meet, Cavallino and FCA Platinum Awards, and display as a feature car at the 2006 Cavallino Classic.

“The 1948 Ferrari 166, with chassis 004 C, that we have the pleasure of presenting at our inaugural Concorso d’Eleganza Villa d’Este auction in May is undoubtedly one of the most significant examples of any early Ferrari built. With its outstanding provenance and long, well-documented history, we could not think of a more fitting and appropriate example to highlight our first Italian auction,” says Barney Ruprecht, VP of Auctions, Broad Arrow. “Chassis no. 004 C’s existence aptly represents the very building blocks of the legendary Ferrari brand and stands the test of time as a watershed example for the marque.”

Disclaimer: This information is provided for general knowledge and entertainment purposes only. It is not intended as an endorsement or recommendation for any specific vehicle. For more information on this specific car, you can reach out to the seller.

Source: Broad Arrow Auctions
This article was crafted with assistance from Gemini

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