“Expected winning bid: 1.2 billion yen?” Astonishing price for “Ferrari 166 Intersport Corsa” at first auction in Italy

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1948 Ferrari 166 Inter Sport Corsa

A valuable racing car from Ferrari’s early days

The 1948 Ferrari 166 Intersport Corsa will be the centerpiece of the first Concorso d'Eleganza Villa d'Este auction, which will be held in 2025.

The 166 Intersport Corsa, manufactured by Ferrari immediately after the war, was equipped with a 2.0-liter V12 engine and competed in various racing events, including the Targa Florio.

Broad Arrow Auctions, one of the world’s leading collector car auction houses, was founded in 2021 but has been appointed as the official auction house for the inaugural Concorso d’Eleganza Villa d’Este auction, which will be held in 2025.

The highlight of this auction, offered by Broad Arrow Auctions, is a 1948 Ferrari 166 Intersport Corsa with beautiful coachwork by Carrozzeria Ansaloni. Chassis number 004 C is one of two cars purchased by the Besana brothers, early Ferrari customers, and finished sixth overall in the 1948 Targa Florio. Its estimated value is between 5.5 and 7.5 million euros (approximately 885 million to 1.2 billion yen).

Equipped with the original body and chassis, 2.0-liter V12 engine and 5-speed racing gearbox, it is Ferrari Classiche White Book certified and comes with extensive documentation documenting its 50 years of family ownership and its impressive track record from 1965 to 2015.

Numerous awards at the Concours d’Elegance

The 1948 Ferrari 166 Intersport Corsa will be the centerpiece of the first Concorso d'Eleganza Villa d'Este auction, which will be held in 2025.

Chassis number 004 C has won numerous awards, including the Pebble Beach Concours d’Elegance, due to its excellent condition.

The car has won numerous awards at concours d’elegance, including the Pebble Beach Concours d’Elegance in 2004, and was also exhibited at Casa Ferrari (Ferrari’s official booth) at Pebble Beach in 2019 and 2022.

Bernie Ruprecht, Vice President of Auctions at Broad Arrow Auctions, had this to say about the rare Ferrari:

“The 1948 Ferrari 166, chassis number 004 C, which we will be offering at our inaugural Concorso d’Eleganza Villa d’Este auction in May, is undoubtedly one of the most important early Ferraris. Its outstanding achievements and long, well-documented history make it the perfect car to be the highlight of our first auction in Italy.”

As the official auction partner of the Concorso d’Eleganza Villa d’Este, Broad Arrow Auctions has partnered with BMW to host its first-ever European auction. The auction, held at the historic car event on the shores of Lake Como in Italy, will feature 70 top-quality collector cars. Thomas Forrester, one of the world’s most accomplished auctioneers, has also been confirmed to participate.

Ferrari 166MM front view

[Ferrari Directory] “Ferrari 166 (1948)” F1GP participation and road car production

Scuderia Ferrari, which had been entering a succession of cars into the F1 Grand Prix, including the 125, 275 F1, and 340 F1, finally defeated Alfa Romeo at Silverstone in the 1951 season. Froilan Gonzalez’s 375 F1 beat Juan Manuel Fangio’s Alfa Romeo 159B. Powered by a naturally aspirated 4.5-liter V12 engine and boasting a maximum output of 350 horsepower, the 166 series, the origin of Ferrari’s road car models, was also born in 1948. Variations included the 166S and 166MM, which won the overall Mille Miglia, and the 166 Inter, Ferrari’s first GT (gran turismo).

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