1. 1979 Ferrari 308 GTS

  2. 1979 Ferrari 308 GTS

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Lot Number
17
1979 Ferrari 308 GTS


ESTIMATE: $115,000 - $145,000
CHASSIS NO: 28663
• Incredible one owner car with just 1,600 miles from new
• First-generation steel-bodied, Weber-carbureted 308 GTS
• Original U.S. delivery example; renowned driving experience
• Comprehensive mechanical service performed 2016-2017 with receipts

2,927 cc DOHC V-8 engine, four Weber 40 DCNF twin-choke carburetors, 240 HP at 6,600 RPM, five-speed manual gearbox in rear transaxle, four-wheel independent suspension with wishbones and coil springs, four-wheel hydraulic disc brakes; wheelbase: 92.1”


Consistently ranked among the most beautifully styled and best modern Ferrari models to drive, the Pininfarina-designed 308 debuted at Paris in 1975 as the replacement for the V-6 Dino 246 and, soon after, the Bertone-bodied 308 GT4. The first 712 were bodied in fiberglass, including those allocated to the U.S. market. The remainder of 308 production numbered some 11,400 examples through 1985 with steel panelwork by Scaglietti, and in 1977, the versatile 308 GTS with its removable Targa-style roof appeared. At its heart, the 308’s 3.0-litre transverse mid-mounted, all-alloy, four-cam V-8 engine delivers an intoxicating exhaust note and with its racing-derived flat-plane crankshaft, the ability to go beyond 7,000 engine revolutions in spirited drives. Breathing through four twin-choke Weber carburetors, these first-generation cars were produced from 1976 through 1980. Producing 240 horsepower in U.S. specification, the 308 delivered breathtaking performance, including a 7.3-second 0-to-60 mph sprint and a 145-mph top end.

Equipped with fully-independent suspension and four-wheel disc brakes in addition to its mid-mounted engine, the 308 was extremely well-balanced and it continues to earn praise for its outstanding dynamics today. A recent Classic & Sports Car magazine road test celebrated the “…delicious accuracy,” driver-friendly interior and sweet-sounding V-8 engine of the 308.” These observations were also expressed in a recent Octane magazine cover story, “Mid-Engined Masterpiece.” In period, the beautiful and potent 308 enjoyed high-profile use on TV with Tom Selleck during the eight-year run of the Magnum, P.I. series, cementing the 308 in the public mind. More recently in its Classic Car Price Guide, Octane editors described the steel-bodied 308 GTB (Berlinetta) and GTS (Targa) as “One of the company’s great success stories and still regarded as one of the best ways to introduce yourself to Ferrari ownership.” Early Weber-carbureted cars, including the extremely low-mileage 1979 Ferrari 308 GTS offered here, are the most desirable.

Bearing Chassis Number 28663, this 1979 Ferrari 308 GTS is a virtual time capsule with just one personal owner from new and it marks an incredible and thrilling find at auction with only 1,600 miles of use at the time of cataloguing. Presented in outstanding condition throughout and featuring sought-after livery consisting of Rosso Corsa over black leather, 28663 was built during July 1979. Following shipment to the United States, it was sold by the authorized Ferrari dealer in Dallas, Texas to its original owner, a resident of San Antonio. In addition to air-conditioning, passenger amenities included power window lifts and a Blaupunkt stereo head unit.

Recently, the Consignor entrusted the barely-used Ferrari to Tim Taylor of Red Car Restorations, Inc. for professional detailing and thorough mechanical work performed during 2016 and 2017 that addressed the engine, gearbox, clutch, brakes, and suspension, plus rebuilding of the Weber carburetors and attention to the fuel, ignition, induction, exhaust, and emission systems. Of course, the cam belts were replaced during the methodical service and sorting process. Very well detailed, including many re-plated and refinished parts and components, this 308 GTS is exceptionally clean throughout. Its systems all work properly and as the vehicle left the factory so many years ago, including the air-conditioning, power-operated items, and driveline, resulting in a modern classic Ferrari that operates properly and drives well and in keeping with its iconic good looks. Receipts for this professional service work, with a total amount paid in excess of $26,700, are on file and available for inspection.

To knowledgeable collectors and enthusiasts, first-generation, Weber-carbureted examples of the 308 rank firmly among the most desirable Ferrari V-8 models today. Clearly benefiting from the obsessive care and maintenance lavished on it by the Consignor, this highly desirable 1979 Ferrari 308 GTS is complete with its factory-supplied books, plus the hand tools inside their proper tool roll, the roadside jack and wheel tools inside their pouch, the factory storage bag for the removable roof panel, and the complete spare wheel/tire assembly. Quite likely the best first-generation 308 GTS available, this exceptionally pure, one owner example “ticks all the boxes” for a great classic V-8 Ferrari experience with outstanding colors, full sorting performed recently at great expense, and extremely low mileage.

1979 Ferrari 308 GTS
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