18-19 August 2017

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Lot 245

1969 Ferrari 365 GTS by Pininfarina

  • Chassis no. 12163
  • Engine no. 245C-A1450
  • Gearbox no. 592/C-65
  • Body no. 175301

Sold for $2,722,500

Please note that Internet bidding is not available for this lot. Interested parties that are unable to attend the sale may register to bid by telephone or place a commission bid online at

  • The 1969 Brussels Motor Show car
  • The first production 365 GTS completed, of just 20 examples produced
  • Finished in its unique original Avorio over Nero livery
  • Immaculate, documented restoration
  • One of the rarest road-going Ferrari spiders of its era

By early 1966, Ferrari had several models in production, including the family oriented 330 GT 2+2, the premium appointed 500 Superfast, and the dual-purpose 275 GTB. None of these models, however, offered anything quite resembling the unique combination of luxury, performance, and styling possessed by the 250 GT Lusso, which ceased production in 1964. At the Geneva Motor Show in March 1966, Ferrari finally addressed this shortcoming with the debut of a new two-seat grand tourer steeped in luxury. The 330 GTC, and its open-bodied GTS sibling, were tremendously popular with more restrained sporting customers, offering elegant aesthetics and classic Ferrari performance.

Late in 1968, the 330 GTC and GTS were quietly upgraded to more formidable engine specifications, with the single overhead-cam motor now displacing 4,390 cc, and developing 320-hp and a formidable 267 foot-pounds of torque. In this new arrangement, the engine delivered a notably wider power band, with significant torque arriving as low as 2,500 rpm.

Minor cosmetic changes visually differentiated the two models, with the new 365 cars featuring engine-cooling vents on the hood rather than the fenders, and a modified interior HVAC vent arrangement. The 365 was also produced in a much smaller quantity, with only 150 coupes and 20 spiders built before the model was discontinued entirely in 1970. Now viewed as the ultimate factory hot rod of the 330 GT platform, the 365 GTC and corresponding spiders combined rarity, exquisite design, and the most powerful single overhead-cam motor ever used on a Ferrari road car.


Completed by the factory in December 1968, chassis number 12163 was the first of the 20 production 365 GTSs completed, and the only example finished in “Avorio The Tetrarch” with black interior, as well as the only one with script Pinin Farina logos. It was imported to Belgium by the renowned Garage Francorchamps SA of Brussels the following year, and was exhibited on their stand at the Brussels Motor Show from 15 to 26 January. Afterwards it was sold to its original owner, fish dealer Jean Leveke of Oostend, a longtime and well-established Garage Francorchamps client who over his lifetime would own some 20 different Ferraris. A front overrider bar was installed in this era, to comply with Belgian motor vehicle safety requirements, and remains in place to this day.

The 365 GTS was resold in 1975 to a Swiss banker, then in 1984 to Dietmar Völker, a German resident of Geneva, who had it refinished in red with a black interior, and drove it on Swiss dealer plates ‘GE 1406-U.’ He subsequently advertised it for sale later that year, with 68,000 km, before selling it in 1986 to Jean-Claude Caveng.

The car would remain in the Caveng family for a dozen years before finding its next owner, Pierre Ehret of Starnberg, Germany, in December 1998. It was then acquired in 2001 by Dr. Wolf Zweifler of Munich, and after a handful of short-term ownerships was added to the collection of the present owner, who has maintained it now for well over a decade.

In this ownership the car has received a comprehensive photo-documented restoration by Joe Leweck of Bayberry Vintage Autos over 16 months and at a cost of $500,000, in the enthralling original Brussels Motor Show color scheme, Avorio over a Nero interior, with a rare factory hardtop, correct Campagnolo alloy wheels, virtually irreplaceable original sun visors, and a correct tool roll, jack, and spare. The original engine having been damaged, warranting a replacement, it has also been outfitted with a correct 320 hp 365 GTS engine built by the Ferrari Classiche workshops in Maranello; the consignor notes that all drivetrain components are original aside from the factory replacement engine.

Accompanying the car are an extensive variety of original documents and supplements, including the original owner’s manual in the original leather pouch; an original factory parts/repair manual; a complete original tool roll, with all original tools, as well as jack and accessories; an original period-correct Ferrari key ring with original keys; correspondence with Jacques Swaters relating to this car; factory build sheets and ownership history provided by Marcel Massini; and even the patinaed original interior.

Surely the finest 365 GTS available today, this very special automobile boasts an impressive restoration, exceedingly correct original specifications, and all of the best equipment. It is a car for which no excuses need be made.

Please contact our exclusive automotive transportation partner, Reliable Carriers, for a shipping quote or any other information on the transport of this vehicle.

Alexander Weaver

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California, United States

Alexander Weaver joined RM Sotheby’s in 2011 as a Car Specialist after graduating from Furman University in South Carolina. Born... read more

Augustin Sabatié-Garat

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United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a Car Specialist after more than a decade in the collector car hobby. Gradua... read more

Barney Ruprecht

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Ontario, Canada

Barney’s interest in classic cars began at an early age after being introduced to his father’s all-original 1965 Porsche 911. Barney l... read more

David Swig

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California, United States

David Swig joined RM Sotheby’s West Coast division as a Car Specialist in May 2015. David is a life-long automobile enthusi... read more

Don Rose

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United States

Don joined RM in 2006 after several years of professionally trading sports and classic cars, and after earning a reputation as a noted... read more

Donnie Gould

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Florida, United States

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

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Gord Duff began his journey with RM Sotheby’s in 1998. Since then, he has gained an intimate knowledge of a variety of marques a... read more

Jake Auerbach

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California, United States

Jake Auerbach got his start in the automotive industry at an early age, spending his summers during high school working at a classic c... read more

Kurt Forry

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Having worked for Bonhams’ Automobilia department for over 10 years, Kurt Forry joined RM Sotheby’s with more than a decad... read more

Matt Malamut

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California, United States

A long-time car enthusiast and Southern California native, Matt studied Automotive Technology at San Diego Miramar College and complet... read more

Michael Squire

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United Kingdom

Michael Squire joined RM Sotheby’s European Division in the summer of 2016. He comes to RM with a prestigious racing background ... read more

Mike Fairbairn

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Ontario, Canada

As one of the three founding partners of RM Sotheby’s, Mike has a long-standing interest in the classic car industry. Graduating... read more

Oliver Camelin

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United Kingdom

With an extensive background in exotic sports car history and sales, a particular passion for American curves, and fluency in three la... read more

Paul Darvill

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United Kingdom

Paul Darvill joined the RM Sotheby’s European team at the beginning of 2015. Paul holds a degree in French and Politics from the... read more

Pete Fisher

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Ontario, Canada

Pete Fisher was first introduced to antique cars in high school, working for Classic Coachworks in his hometown of Blenheim, Ontario. ... read more

Shelby Myers

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California, United States

Shelby Myers grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to watch the R... read more

Tonnie Van der Velden

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United Kingdom

Tonnie Van der Velden joined RM Sotheby’s European division in September 2015 as a Car Specialist. A lifelong enthusiast, Tonnie... read more