1988 Ferrari Testarossa

Lot Number: 520

1988 Ferrari Testarossa

The 'SA-30 Collection' - 30 exceptional vehicles chosen to celebrate 30 years of the Silverstone Classic and all excitingly offered at No Reserve

  • Sold for: £78,750

LIVE AUCTION: This lot was auctioned on Saturday 1st August, 2020 at 11.00am BST at Stoneleigh Park, Stoneleigh Rd, Coventry, CV8 2LG

  • Body Colour

    BODY COLOUR
    red

  • Drive

    DRIVE
    LHD

  • Registration Number

    REG NUMBER
    NOVA

  • Odometer Reading

    ODOMETER READING
    3600 KM

SUMMARY

The 'SA-30 Collection' - 30 exceptional vehicles chosen to celebrate 30 years of the Silverstone Classic and all excitingly offered at No Reserve

DESCRIPTION

  • An 80s time-capsule. Only 3,598 km (2,236 miles) from new
  • A desirable European-delivered car that remains remarkably original
  • With its first owner for 20 years and only two subsequently
  • Classically finished in Rosso over Nero with black carpets and silver alloys
  • With early documentation/correspondence, original books/manuals, tools and bespoke luggage
  • We don't know where you'll find a more original example and, amazingly, offered at No Reserve
  • NB. This car has been in a private collection for some time and although the mileage is tiny, it will need a full cambelt service before any attempt is made to start it

When Ferrari introduced the Testarossa in Paris in 1984, it was regarded as possibly the best car they had ever built but, whilst the design was spectacular, it was not considered to be as sensually beautiful as numerous GT Ferraris of the past. As a complete departure, Pininfarina had designed a modern, aerodynamic and efficient body shape, immediately recognisable by its very distinctive side 'strakes' unlike anything else seen in the post-war period. The name 'Testarossa', literally Redhead, became synonymous with Ferrari sports racing cars in the 50s and 60s and was resurrected at the launch of this new model at the Porte de Versailles in 1984.

Housing a 4.9-litre V12 engine producing 390bhp, the car was capable of a respectable 0-60 mph time of 4.7 seconds and a top speed of 196mph. Produced between 1984 and 1991, several thousand of these amazing cars found homes. Once again, time showed Pininfarina's design to be durable, and throughout the eighties, the distinctive 'strakes' were echoed in other design disciplines from cars to kettles.

However, although the design may have seemed to be 'of the moment', the Testarossa proved itself to be a well-built car, and despite its 'Eiger-rivaling' list price, turned out to be Ferrari's most successful model ever up to that point. Today it's a design icon, symbolic of eighties culture, and despite a quieter year or two, its popularity is returning rapidly. It's not a surprise really since the Testarossa offers a rare package of serious performance, practicality, and reasonable comfort and although heavy at low speeds, its confidence-inspiring handling at high speed becomes almost addictive.

On the 30th May 1988, Herr Dieter Korch decided that the time had come to convert his desire to own a new Ferrari Testarossa into reality as he signed the order form and handed over DM 240.880,00 (approximately ú75,000 at the time) for the car you see here today. Korch, the founder of a successful auto glazing company in the Middle Rhine, would, however, be kept waiting for his new Ferrari and a letter from the Zender Exclusiv-Auto dealer in January 1989 explained that delays at the factory were to be blamed. Finally, on the 16th of May, almost exactly one year after placing his order, the original registration document was issued.

According to this document, which remains with the car along with the original order forms and dealer correspondence, the Ferrari was only registered for use in the summer months and was annually stamped as 'Decommissioned' from use over winter. The result of this selective use is that the Testarossa had covered just 2,998kms by 8th September 1995, when it was declared off the road for the winter once more, however, this particular period of annual hibernation was to last until May 2009, with the Ferrari comfortably asleep for nearly 14 years.

Having not used his Ferrari for all those years, Herr Korch finally parted with it in 2010 after a rewarding 20-year ownership. With the mileage at a little over 3,000km, hotelier Manfred Petermann became the car's second proud owner but he, in turn, added little to the Ferrari's odometer before it joined one of Europe's significant car collections in May 2012.

Classically finished in Rosso Corsa with a black leather interior, black carpets, and silver 5-bolt alloys, this remarkable car has still only covered 3,598km and remains virtually unmarked and in 'showroom' condition. Whilst it has been pampered, petted and polished for the last few years in the collection, it hasn't actually gone anywhere so common sense dictates that it's not to be started until it's had a full service and fresh cambelts. It's supplied with the original Order Forms, Registration Document, Book Pack, spare keys, tool roll and bespoke luggage case.

The Testarossa offers a rare package of serious performance, practicality, and reasonable comfort, and its confidence-inspiring handling at high speed becomes almost addictive. We welcome any inspection of this lovely Ferrari.

SPECIFICATION

Lot Number
520
Make
FERRARI
Model
TESTAROSSA
Registration Number
NOVA
Chassis Number
ZFFAA17B0000081042
Engine Number
17266
Body Colour
red

GALLERY

CONSIGNOR

Consignor

For further information regarding this lot please contact Harry.

CONTACT

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SEE IT IN ACTION

SEE IT IN ACTION

Motor vehicles

Vehicles can be collected from The Wing on Monday 2nd August between 9am and 3pm.

Our transport partners, EM Rogers, can assist with collection and delivery. Please contact them on

01604 755511 or trafficdesk@emrogers.co.uk for a quote.

Any cars not collected by 3pm on Monday 2nd August will be taken to our EM Rogers storage facility in

Northampton for a fee of £150 plus VAT. Storage will be charged at £10 plus VAT per day from Monday 2nd August onwards.

Motorcycles

Our motorcycle transport partners, Moving Motorcycles, can assist with collection and delivery.

Please contact them on 01933 448555 or info@movingmotorcycles.co.uk for a quote.

Any motorcycles not collected by 3pm on Monday 2nd August will be taken to our transport partners facility in Northamptonshire for a

fee of £110 plus VAT, including 3 days storage. Storage will be charged at £5 plus VAT per day thereafter.

Automobilia

Automobilia can be collected from The Wing over the weekend or Monday morning between 9am

and midday by prior appointment. After this time it can be collected from our offices in

Warwickshire or shipped to you at your expense.

Did you know that you may be able to finance your upcoming auction purchase? Our exclusive finance partner Apollo Capital are able to organise fast pre-approval for car funding on the latest interest rates and terms, minimum £50k lend.

An agreement in principle could see you arrange a finance package so the funds are ready to be paid out when you’ve bought your dream auction purchase. Please speak to their experts for a quote on 01423 590242 or visit apollocapitalgroup.co.uk/iconicauctioneers/.

Oracle Finance

A classic car or motorcycle is a source of great pride and enjoyment but, whether your car or motorcycle is in storage or on the road, you’ll need a specialist insurance policy. We have partnered with Howden Insurance a leading insurance brokers with a team dedicated to classic cars and motorcycles. They cover a vast array of classic and vintage models and only work with insurers who provide a great service and share our passion for the classic motor industry.

For a personal classic car or classic motorcycle quote, visit:

www.howdeninsurance.co.uk/iconic-auctioneers

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