1959 Ferrari 250 GT Tour de France Berlinetta

Chassis Number: 1401GT

By the early 1960s, road-car production had ceased to be a sideline for Ferrari and was seen as vitally important to the company’s future stability. Thus the 250, Ferrari’s first volume-produced model, can be seen as critically important, though production of the first of the line – the 250 Europa, built from 1953 to 1954 — amounted to fewer than 20.

The early evolution of the 250 series coincided with an important stage in the development of the 3-liter Ferrari V12. A re-jigged (68-by-68-mm bore/stroke) version of the 340 America’s Lampredi-designed “long block” engine had been chosen for the 250 Europa, but with the introduction of the 250 Europa GT in 1954, a change was made to Colombo’s lighter and more-compact short-stroke (73-by-58.8-mm) unit. Power output of the single-overhead-camshaft all-aluminum engine was 220 horsepower at 7,000 rpm.

The 250 GT Competizione “Tour de France” evolved from the preceding 250 Europa GT and competition Mille Miglia models, using the same 2,600-mm wheelbase as the former and the Colombo V12 engine developing up to 280 hp. Its suspension arrangements remained essentially as before, although a front anti-roll bar was included, for the first time in a Ferrari. Maranello had yet to be convinced of the desirability of disc brakes, so the 250 GT Competizione’s performance was restrained by massive drums.

On October 17, 2018, “1401GT” was issued with its Ferrari Classiche Certificate of Authenticity — the famous “Red Book.” Since then, the car has been displayed at the 10th Annual Zoute Concours d’Elegance held at Knokke-le-Zoute, Belgium, in October 2019 and the “Ferrari 75 Years” exhibition held at the Autoworld Museum, Brussels, Belgium, in September 2002.

By winning those nine consecutive Tours de France, the Ferrari 250 GT berlinetta demonstrated peerless qualities as a Gran Turismo, proving equally at home on city streets, the open road and the racetrack. A fine long-wheelbase example of this legendary dynasty, “1401GT” offers a future owner the prospect of hugely enjoyable period performance motoring and entry into the most prestigious of historic motorsports events, including the Ferrari Challenge, Mille Miglia and, of course, the Tour Auto.

Vehicle:1959 Ferrari 250 GT Tour de France Berlinetta
Years Produced:1956–59
Number Produced:77
SCM Valuation:$3,491,000–$6,734,000
Tune Up Cost:$3,500-plus
Chassis Number Location:Left frame member by the steering box
Engine Number Location:On the rear passenger’s side of the block
Club Info:Ferrari Club of America
Website:www.ferrariclubofamerica.org
Alternatives:1958 Mercedes-Benz 300SL, 1958 Ferrari 250 GT California Spider LWB, 1953–55 Jaguar D-type
Investment Grade:A

This car, Lot 160P, sold for $5,101,929 (€4,830,000), including buyer’s premium, at Bonhams Cars’ Knokke-Heist, BEL, auction on September 23, 2023.

We perceive Ferrari as a racing team, campaigning cars in high-profile international events. That’s often not the case. Ferrari was founded to build race cars for privateers, and in all but Formula One, most Ferraris are raced by independent teams. Racing is an expensive hobby, and done properly, it requires the best car for the task. As transportation, a Ferrari is an expensive luxury, but to a racer, a Ferrari is a tool to get closer to the podium. In the 1950s and ’60s era of GT racing, a Ferrari was the best tool to get the job done.

Showroom stock

The fiery crash at the 1955 24 Hours of Le Mans prompted a pause in sports-car racing and a rethink of the rules. Classes of slightly safer production cars were introduced, allowing racers to buy a car off the showroom floor and, with little preparation, drive to a race, compete for the weekend, and drive home. Ferrari responded with a series of potent dual-purpose coupes called berlinettas. Beginning with the 250 GT Tour de France, followed by the 250 SWB and then the 250 GTO, the Ferrari berlinettas were the dominant race cars of the era.

The 250 Gran Turismo berlinetta was introduced in 1956 to replace the 250 Europa GT. It unofficially became the 250 GT Tour de France after an example of the model won the grueling 1956 Tour de France race, earning the right to use the name.

The Tour de France was built on a 2,600-mm chassis. It was replaced by a new 250 Gran Turismo berlinetta in 1959. The new berlinetta was built on a shorter 2,400-mm chassis. That prompted the old 250 GT berlinetta to be called 250 GT Long Wheelbase (LWB) and the new model to be called 250 GT Short Wheelbase (SWB).

Ferrari nomenclature can drive you crazy. Researching this column, I found a car being called a long-wheelbase Tour de France. This implies not all Tour de Frances were long wheelbase and is an improper designation. Ferrari’s official website identifies the 2,600-mm 250 GT berlinetta as a 250 GT “passo corto” (SWB). Like the trendy 308 “vetroresina” and “monospecchio” Testarossa nicknames, none are official designations. They were all invented later to identify a particular version of a model.

All that glitters…

Our subject car had an impressive competition history, with hillclimb, rally and GT credentials. It was even a participant in the 1960 Tour de France, until an accident sidelined it. In 1976 the car passed to an owner who would keep it until his death some 37 years later. That owner would extensively campaign 1401GT in European historic races, logging some impressive results. Following the owner’s death, the car passed to a new owner who acquired the car’s long-lost original block and reunited it with the car. A thorough Italian restoration followed, topped by Ferrari Classiche certification.

For all its good points, 1401GT is not everyone’s cup of tea. While undoubtedly beautiful, the Oro Chiaro (Light Gold) paint is a bit insipid for a race car. Normally the end of a series is especially desirable, but the single-louver body configuration isn’t generally a first choice, nor are the open headlights. Park 1401GT anywhere near a red 14-louver, covered-headlight TdF with a wide racing stripe and this multimillion-dollar Ferrari will look ordinary.

Past the peak

Bonhams estimated 1401GT at approximately $5,425,000–$7,600,000. The $5.1m sale price fell slightly short of the low estimate but not far off the norm. Ferrari 250 TdFs hit their high-water mark in 2015 with the sale of the ex-Marquis de Portago 1956 Tour de France-winning car, 0557GT. It sold for a record $13.2m. In 2013 another TdF sold for $9.4m, followed by sales around $8m in both 2014 and 2015. Since then, the market has been soft, with a couple recent sales in the mid-$5m range.

Still, 1401GT was a strong car. It had great credentials and will get you invited to the best events. It should drive well and show well. Any misgivings about the color and configuration were balanced by a great price. The seller shouldn’t have been surprised by the result. The buyer should be pleased. TdFs are one of the great Ferraris, and the new owner got a good one. ♦

(Introductory description courtesy of Bonhams Cars.)

Steve Ahlgrim Avatar