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1948 Ferrari 166 Spyder Corsa Set for Concorso d'Eleganza Auction

1948 Ferrari 166 Spyder Corsa Set for Concorso d'Eleganza Auction

Unveiling a Piece of Automotive History

Broad Arrow Auctions, a company under Hagerty, is excited to showcase a truly remarkable vehicle, the 1948 Ferrari 166 Spyder Corsa. This stunning car is anticipated to create a significant buzz at the upcoming Concorso d’Eleganza Villa d’Este Auction. Not just any Ferrari, this model is revered as one of the most original early Ferrari cars still in existence. With an estimated value between €5,500,000 and €7,500,000, its history and accolades are as exciting as its sleek design.

A Unique Heritage

This specific Spyder Corsa, known by its chassis number 004 C, has quite a notable past. It was one of only two 166 models acquired by the Besana brothers, some of Ferrari's earliest patrons. What makes this Ferrari stand out is not only its design by the prestigious Carrozzeria Ansaloni but also its racing pedigree. This vehicle finished sixth overall in the grueling 1948 Targa Florio and competed in both the 1948 and 1949 Mille Miglia races. Furthermore, it has participated in numerous Formula Two competitions and hill climbs, making it a significant contender in the racing world.

Specifications and Awards

The Ferrari 166 Spyder Corsa boasts the original body and chassis, ensuring its authenticity is preserved. It features a powerful 2.0-liter V12 engine coupled with a five-speed racing gearbox, offering thrilling performance that enthusiasts admire. The car’s impressive lineage is confirmed with Ferrari Classiche White Book certification, further solidifying its status as a classic.

The awards and recognition this model has received are numerous. It clinched a class award at the prestigious 2004 Pebble Beach Concours d’Elegance and was exhibited at Casa Ferrari during the renowned event in 2019 and 2022. Other accolades include a Best of Show at the 2003 FCA National Meet, Platinum Awards at Cavallino, and a momentous feature during the 2006 Cavallino Classic.

Broad Arrow's European Auction Journey

At the heart of this event is Broad Arrow Auctions, who will host its inaugural European auction in collaboration with BMW AG, marking a historic moment as the official auction partner of the Concorso d’Eleganza Villa d’Este. The auction will present 70 meticulously curated collector cars, promising a premium experience for audiences on the picturesque shores of Lake Como.

Add to that, renowned auctioneer Thomas Forrester will lead the event on the podium. He brings more than 20 years of auction experience, having trained with esteemed auction houses like Phillips and Bonhams. Known for his global endeavors raising funds, Thomas previously contributed to the success of Broad Arrow’s Porsche Air|Water Auction in April 2024.

How to Participate

For those interested in taking part in this extraordinary auction, whether by bidding or learning more about consignment information and registration, Broad Arrow encourages potential bidders to reach out directly via email. Contact via info@broadarrowauctions.com or call +44 2045 920 169 for queries.

About Broad Arrow Auctions

Broad Arrow Auctions, a proud arm of Hagerty, is rapidly becoming a leading name in the collector car auction industry. Founded in 2021 by a team of passionate car enthusiasts, the auction house aims to unite collectors with high-quality cars across the globe. With flagship events held in California and Florida, Broad Arrow is gearing up to make waves in the European auctioning scene, ensuring that enthusiasts have access to some of the finest collector cars available.

Frequently Asked Questions

What is the Ferrari 166 Spyder Corsa known for?

The Ferrari 166 Spyder Corsa is renowned for its original design, historic racing pedigree, and numerous accolades, making it a highly coveted collector's item.

When is the auction taking place?

The inaugural Broad Arrow auction is set to happen during the Concorso d’Eleganza Villa d’Este weekend.

How can I participate in the auction?

You can participate by registering to bid or for consignment information through Broad Arrow's email or phone contact provided above.

Who is the auctioneer for this event?

Thomas Forrester, an experienced auctioneer will lead the auction, bringing with him a wealth of experience from his previous roles in the auction industry.

What makes the Ferrari 166 unique?

Chassis number 004 C is one of only a few models remaining, celebrated for its participation in major racing events and its extensive well-documented history.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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