I’m told that four friends from Switzerland bought the car for $144,000 over the estimated price. What were these guys thinking?
Following the success of privately-entered 550 Maranellos in international GT racing, including an historic class win in the Le Mans 24 Hours in 2003, Ferrari developed its own in-house evolution of the successful 575M Maranello, the 575 GTC Competizione Berlinetta.
Produced specifically for the FIA GT and GrandAm championships, the 575 GTC Competizione incorporated numerous modifications, starting with an increase in the displacement of the quad-cam V12 engine from the production car’s 5,748 cc to 5,997 cc by means of a longer stroke. Different camshafts and alterations to the Marelli engine management system saw power increase to 605 hp with the FIA regulation 31.8-mm inlet restrictors fitted.
Transmitting this power to the road was a 6-speed sequential transaxle transmission and triple-plate carbon fiber clutch. Given a long enough straight and with the tallest of the optional final drive ratios installed, a theoretical top speed of 208 mph was attainable.
With such an awesome potential performance, the 575 GTC was subjected to lengthy wind-tunnel testing of its aerodynamics, resulting in the adoption of a flat under-body with rear diffuser to FIA/ACO regulations, combined with an adjustable front spoiler and split rear wing complete with “Gurney” flap.
The 550’s basic chassis/body layout was retained-tubular steel spaceframe, composite panels-while front and rear track dimensions were both increased over those of the 550 and the car’s dry weight drastically reduced to just over the minimum permitted 2,530 lbs (1,150kg).
The industry-standard all-round double wishbone suspension featured adjustable damping, anti-roll bar, and anti-dive geometry at the front, while Brembo 6-pot calipers (front) and 4-pot (rear) looked after the braking. One of Ferrari’s most expensive offerings ever, the 575 GTC cost a staggering $785,000 in 2004.
The car offered here is one of two 575 GTCs campaigned during the FIA GT Championship in 2004 by the Italian team, GPC Giesse Squadra Corse. This car, s/n 2216, was driven by the Austrian/Italian pairing of Peter/Babini for the first five rounds of the season before its regular drivers were joined by ex-Formula 1 ace Mika Salo (Finland) and Vincent Vosse (Belgium) for the Spa 24 Hours, achieving its best result of the season with 2nd place.
There were two further podium finishes for Peter/Babini and s/n 2216 in 2004-at Monza and Donington Park. For the final two rounds Gianni Morbidelli piloted it, and at the season’s end Giesse Squadra Corse was rewarded with 2nd place in the Championship, with Babini 4th and Peter 6th in the driver’s classification. In the course of the 2004 season, 2216 covered 13,900 kilometers and finished in ten of the Championship’s eleven rounds.
During 2005, the car contested the Italian GT Championship, and since the end of that season has not been used. It is here offered fresh from restoration by team RaceAlliance at the Nürburgring, repainted red and fitted with new windows.