Sold for $81,400 at 2006 RM Auctions
The example shown was originally sold by Luigi Chinetti Motors in March of 1967 for $5,920. In 1986 it was sold to a Ferrari expert from California who immediately embarked on a full restoration. In its life time it has amassed just under 21,000 miles.
At the 2006 RM Auction in Monterey, CA it was estimated to sell between $50,000 - $75,000. When bidding was over, it had surpassed the estimates and found a new home at a price of $81,400.By Daniel Vaughan | Dec 2006
In most respects this ASA 1000 GT is a four-cylinder Ferrari. Enzo Ferrari commissioned Giotto Bizzarini in 1961 to construct a chassis and Bertone to construct the body. The chassis was constructed of traditional tubular members similar to a Ferrari. A transverse wishbone suspension was placed in the front, coil springs in the front and rear, and a live rear axle. The body was comprised of steel with an aluminum hood and deck lid. Four wheel disc brakes were placed on all four corners, something that greatly enhanced the vehicles performance and at a time when most of the other companies still used drums. Power was supplied by a twin overhead camshaft 1,032 cc four-cylinder engine that produced just under 100 horsepower. It was based on the Ferrari 12-cylinder engine. Top speed was estimated at around 115 mph.
This vehicle was Enzo Ferrari's assault on the small car market, mainly targeted at Alfa Romeo and Abarth. The public was given their first glimpse of the vehicle at the 1961 Turin Motor Show where it was met with great reviews. Some believed it would be named the 'Ferrari Mille' but in fact it did not grace the Ferrari stand. The following year the designs were sold to ASA (Autocostruzioni Societa per Azioni), a electro chemical Company.
Production versions of the car were ready by 1965 mainly in coupe form. A few cabriolets were produced. It bore the name 'ASA 1000 GT'. After two years enough vehicles had been produced to satisfy the minimum homologation requirements to race in GT racing. Though advanced for 1961, they offered little competition in 1967 and endured only mild success.
Production of the ASA 1000 began in 1964 and soon began arriving in the US with a sticker-price of $6,000 apiece. The one-liter car was quick and attractive, but the price was prohibitively high. A Spyder was soon added but this did little to entice interest. Of the cerca-50 ASA 1000s built, only a few were Spyders.
It is believed that around 33 examples of the ASA 1000s came to the United States through Ferrari importer Luigi Chinetti.
By Daniel Vaughan | Apr 2008
|Ferrari 250 LM Leads Series of Million-Dollar-Plus Sales at RM's Friday Monterey Session|
|• RM kicks off 2014 Monterey auction with 15 individual million-dollar-plus sales
• Top-seller: 1964 Ferrari 250 LM, certified by Ferrari Classiche, brings $11,550,000
• Additional highlights include a 1965 Ford GT40 Roadster Prototype for $6,930,000 and two Mercedes-Benz models which set new auction records
• Auction continues Saturday, August 16 with an additional 62 blue-chip collector cars
MONTEREY, California (August 16, 2014) – A purebred 1964 Ferrari 250 LM, used exclusively...[Read more...]|
|REVERED FERRARI 250 LM LEADS SUPERLATIVE ROSTER OF ITALIAN SPORTS CARS AT RM'S FLAGSHIP MONTEREY SALE|
|· RM Auctions announces a legendary 1964 Ferrari 250 LM by Scaglietti as the latest multi-million-dollar highlight for its flagship Monterey sale, August 15–16 in California
· 250 LM leads a superb roster of no less than 26 Ferraris at RM's two-day sale; additional new entries include a 1953 250 Europa and a 1963 400 SA LWB Coupe Aerodinamico Series II
· RM joins in Maserati's 100th anniversary celebrations, presenting no less than four examples from the luxury Italian ma...[Read more...]|
|1958 FERRARI 250 GT LWB CALIFORNIA SPIDER STARS AT RM'S 15TH ANNUAL ARIZONA SALE|
|• RM Auctions announces latest highlights for its two-day Arizona auction, January 16 – 17 in Phoenix, led by a highly prized 1958 Ferrari 250 GT LWB California Spider
• Most recent blue-chip entries join a spectacular roster of more than 120 handpicked automobiles for the sale at the beautiful Arizona Biltmore Resort & Spa
• Frequently updated list of entries available online at www.rmauctions.com
BLENHEIM, Ontario (December 10, 2013) – RM Auctions, the world's largest auctio...[Read more...]|
|Sports and Racing Rarities Lead Early Highlights For RM's Two-Day Arizona Sale|
|• RM Auctions returns to the Arizona Biltmore Resort & Spa in Phoenix from January 16–17 to kick off its 2014 collector car season
• Expanded to two days in 2014, the well-established sale will celebrate its 15th year by lifting the gavel on approximately 120 handpicked motor cars
• Early highlights span the spectrum of the market, led by a superb trio of sports and racing Porsches
• Annual sale kicks off RM's 2014 international auction calendar, which includes the company's highly anticipate...[Read more...]|
|One of World's finest competiton car collections to be sold at RM's Paris sale|
|• RM Auctions announces stunning Harburg Collection for its debut Paris sale, 4–5 February 2014
• Collection boasts a number of highly significant Porsche models, including a 1973 ex-Works 917/30 Can-Am Spyder, a 1982 ex-Works 956 956 Group C Sports-Prototype, a 1964 904 Carrera GTS, a 1959 356 A Carrera 1500 GT Speedster, and a 1987 959
• Other remarkable models to be offered in the collection include a 1955 Jaguar D-Type, a 1955 Ferrari 750 Monza Spider, the ex-Briggs Cunningham 1950 Aston M...[Read more...]|