News

A recent incident in Italy left a classic Ferrari 275 GTB in ruins after a 60-year-old motorist crashed the multi-million dollar limited edition car. The accident occurred when the driver lost control while leaving a shopping center, causing the Ferrari to spin into a dirt bank and a fence. The impact was so significant that it tore fence-posts out of the ground and extensively damaged the front end of the vehicle.

The Ferrari 275 GTB, produced in the 1960s, is considered one of Ferrari’s best early Grand Tourer (GT) models. With just over 400 units manufactured, it is a highly sought-after collector’s item with a current value of approximately million. The car features a transaxle and independent rear suspension, which was a first for Ferrari’s road cars at the time. Its 3.3-liter Colombo V12 engine, derived from the prestigious 250 GTO, provided exceptional power and performance.

Fortunately, despite the extensive damage, it appears that the Ferrari can be salvaged. The front fascia, right fender, and right-headlight took the brunt of the impact and will likely require repair or replacement. With the help of Ferrari experts in Italy, the car will hopefully be restored to its former glory soon.

It is worth noting that the Ferrari 275 GTB holds significant value in the classic car market. Recent sales have reached up to .4 million, indicating the desirability and rarity of this model. The production of the 275 GTB spanned various engine configurations and body variations, resulting in a total production count of 442 units.

Accidents involving valuable and rare vehicles serve as a reminder of the importance of maintaining careful control and vigilance while driving. Although this particular incident resulted in considerable damage, it is fortunate that no one was reported injured. It is hoped that the motorist involved will learn from this experience and take necessary precautions to avoid such incidents in the future.

Sources:
– IlPiacenza (Italian news outlet)
– Classic.com (classic car sales website)
– Car & Classic (classic car sales website)

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