1972 Ferrari 246 GTS Dino

In May 2003, I wrote that $86,000 was “all the money” for an equivalent car; boy, was I wrong. $153,000 for this example is not over the top

As the first series-produced, mid-engined Ferraris, the early Dino V6s are landmark cars, and the line they founded would prove to be an immense commercial success for Maranello. The original 2.0-liter Dino 206 was replaced in 1969 by a longer-wheelbase 2.4-liter version, the 246 GT.

Previously alloy, the body was now steel and the cylinder block cast iron rather than aluminum, but the bigger engine’s increased power-195 hp at 7,600 rpm-was adequate compensation for the weight gain. While not as fast in a straight line as its V12-engined stablemates, the nimble Dino was capable of showing almost anything a clean pair of heels over twisty going.

First registered in May 1972, this right-hand-drive 246 GTS was purchased by the vendor in July 1999. In 1982, the previous owner had the engine and gearbox stripped and rebuilt, the recorded mileage at that time being 40,046. When the current owner (the vehicle’s fourth) purchased it in 1999, the mileage had risen to 47,057. The Dino’s color at the time was metallic blue. The vendor used the car for a short time and then put it into storage.

Approximately two years later, he had the 1972 246 GTS Dino completely stripped and a full body restoration was carried out. The engine and gearbox were removed and sent to Kent High Performance in Maidstone, where they were stripped and checked. All worn parts were replaced, and the cylinder heads were converted to accept lead-free petrol. The car was repainted Ferrari Yellow and then transported to Kent High Performance to have the brakes overhauled, the suspension checked, and the engine and gearbox reinstalled. The complete interior, including dashboard, was retrimmed in leather.

Since the restoration’s completion approximately two years ago, the Dino has covered about 190 miles and remains in very good condition. The present recorded mileage is 47,442. Offered with assorted correspondence concerning mileage, this car represents a wonderful opportunity to acquire a rebuilt Ferrari Dino, ready to enjoy.

Steve Ahlgrim

Steve Ahlgrim - SCM Contributing Editor

Steve taught high school auto shop before moving to Atlanta, GA, where his love of sports cars led him to FAF Motorcars, the former Ferrari dealer where he served as General Manager and Vice President. He has been a self-proclaimed “one-trick pony,” coveting the Ferrari marque. He has been involved in concours judging for over 25 years and is a member of the IAC/PFA, an international committee overseeing high-level Ferrari concours judging. He is chief judge of the Celebration Exotic Car Show in Celebration, FL.

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