Ferrari 330GT to fetch £40,000 at auction | Car Talk - Car News Nov 2012

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13:10 Thursday 08 Nov 2012

Although it looks fit for the crusher, the car you see above is expected to fetch more than £40,000 when it goes under the hammer next month.

That's because it's a 1965 Ferrari 330GT 2+2, the first four-seater Ferrari ever made, and after a full restoration it could be worth at least £150,000.

The Fezza was first registered to a Captain F G Barker of Wiltshire in July 1965 and was originally finished in Celeste Blue with a black leather interior. It was sold to an American in the 1980s and restored and refinished in Rosso Corsa, before being bought by the current owner in 1986.

After being shipped back to Blighty, the 330GT was used increasingly infrequently and was last MOTed in 2005. Since then, the car has been kept in storage, where it has been left to rust.

However, despite the Ferrari's advanced decay, it has covered just 57,190 miles over the last forty years and is a prime candidate for restoration. However, any potential restorers should be aware that Ferrari spare parts don't come cheap, and using filler on a car of this pedigree is tantamount to sacrilege.

So, if you're handy with a spanner and fancy restoring the 330GT, pop along to the auction at Bonhams' Harrogate sale on 14 November.

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