1955 Ferrari 250 Europa GT Coupe / 0389 GT Chassis Information

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT photograph

1955 Ferrari 250 Europa GT1955 Ferrari 250 Europa GT1955 Ferrari 250 Europa GT1955 Ferrari 250 Europa GT1955 Ferrari 250 Europa GT1955 Ferrari 250 Europa GT1955 Ferrari 250 Europa GT1955 Ferrari 250 Europa GT1955 Ferrari 250 Europa GT1955 Ferrari 250 Europa GT1955 Ferrari 250 Europa GT1955 Ferrari 250 Europa GT1955 Ferrari 250 Europa GT1955 Ferrari 250 Europa GT
Coupe
Designer: Pininfarina
Chassis #: 0389 GT
Engine # 0389 GT
Sold for $2,227,500 at 2017 Bonhams : The Amelia Island Auction.
Gioacchino Colombo-designed short block engine had been brought up to develop 220 horsepower through its development in the competition-derived 250 model, the 250 Mille Miglia. Fitted into the shorter-wheelbase Europa GT models, these cars had a weight reduction by approximately 10% and gained nearly ten miles per hour to the top speed. Along with this performance boost, the Europa also benefitted from a fully revised suspension, now featuring independent coil-sprung suspension with double wishbones up front. The suspension changes made for a better handling car, excellent road holding and cornering abilities. The large Alfin brake drums were similar to those found on Ferrari's competition GT, the Tour de France.

This particular Europa GT is especially special, as it is one of just two examples bodied with lightweight aluminum alloy coachwork. It is presented with competition specifications generally unseen in the model. The car was originally prepared for the Mille Miglia, but it ultimately never ran the race, as it was not completed at Ferrari's workshops in time for the start.

The car's specifications combined elements of two different chassis types, the Type 508, which was the first of the ever-evolving 250 GT chassis, and the Type 513, which was only otherwise used on four 250 GT Speciale examples that were bodied in Super America-style coachwork. In comparison to the standard Europa GT chassis, the chassis frame tubes and cross members of this car were laid out quite differently, and features a wider track front and rear, offering superior handling for road racing. The brakes on this car are identical to the ones fitted to the 375 MM Spider and Berlinetta sports racing car. The Type 112 motor no. 0389 GT (internal no. 333) was installed and tuned for competition. The weight was kept to a minimum by using a Type 102 magnesium gearbox casing, again in similar fashion to that of the 375 MM.

This left-hand drive example is finished in Blue Fiat 8V and upholstered with Plastico Naturale, much as it appears today. It was issued a certificate of origin on March 18th of 1955 and on April 27 the car was officially sold to Industrie Lampade Elettriche in Vicenza, Italy, on behalf of Luciano Cascalli. Over the next few years, the car remained in Romee before being purchased by Ferrari collector Edwin Niles of Los Angeles, California, in March of 1960. Mr. Niles imported the car to the United States, and soon thereafter sold it to a local Los Angeles dentist named Robert H. Peterson. Mr. Peterson commissioned Max Balchowsky to install a Corvette transmission and rear axle after a clutch failure; the original Ferrari V12 engine was retained.

The Europa GT then passed to several Hollywood executives, including two different employees of Columbia Pictures, eventually landing in the purview of Paul Forbes in 1981. A year later, the alloy-bodied Europa GT was purchased by Steve Tillack of Redondo Beach, California, and he treated it to a cosmetic refurbishment in the correct color scheme of blue paint over a tan interior. 0389 GT was then sold to Italian resident Marco Ferre, who repatriated the beautiful car back to its native Italy. His children inherited the car after Mr. Ferre's passing in 1991, and soon offered it for sale.

Michael Stollfuss of Bonn, Germany became the car's next caretaker, who then campaigned it at the Mille Miglia in May of 1999 wearing start number 298. After brief ownership by one additional German enthusiast, the car returned to the United States when purchased by Fantasy Junction's Bruce Trenery. A short time later, it was sold to Stephen Block of Moraga, California. Mr. Block unofficially brought the Europa GT to several major events without formally exhibiting it, including the Pebble Beach Concours d'Elegance and Concorso Italiano. Mr. Block also campaigned the car in the 2002 California Mille, where it received damage to its front fender. Hereafter, 0389 GT was repaired and treated to a proper repaint in 2002. During this time, the car's matching-numbers Colombo V-12 engine was rebuilt. The car then passed to Barry Konier, before being acquired by its current caretaker in 2009.

In addition to participating in the California Mille, the car has also successfully completed the Colorado Grand on four occasions. It received a Platinum Award at the FCA's May 2013 meet in Pasadena.

The Corvette transmission and rear axle installed by Max Balchowsky are long gone, and in place are correct, period Europa GT units. The original matching numbers engine block is currently fitted with cylinder heads from a Colombo Type 128C engine.

This Europa GT is one of approximately 27 examples bodied with Pinin Farina's Coupe coachwork.


By Daniel Vaughan | Feb 2015

2017 Bonhams : The Amelia Island Auction

Pre-Auction Estimates :
$2,300,000-$2,600,000 
Sale Price :
$2,227,500

2015 Bonhams : The Scottsdale Auction

Pre-Auction Estimates :
$2,800,000-$3,400,000 
Lot was not sold

2017 1
2015 1
2014 1
2013 2
2012 2

YearAvg. SaleHigh Sale# of Sales
2017$2,227,500$2,227,5001
2015$3,000,000$3,000,0001
2014$2,530,000$2,530,0001
2013$4,785,000$7,150,0002
2012$774,953$797,5002

Recent Sales

(Data based on Model Year 1955 sales)
1955 Ferrari 250 Europa GT Alloy
Chassis#: 0389 GT
Sold for $2,227,500
  2017 Bonhams : The Amelia Island Auction
1955 Ferrari 250 Europa GT image  1955 Ferrari 250 Europa GT image  
1955 Ferrari 250 Europa GT Competizione
Chassis#: 0387GT/0139EU
Sold for $3,000,000
  2015 Rick Cole Monterey
1955 Ferrari 250 Europa GT image  
1955 Ferrari 250 Europa GT
Chassis#: 0409 GT
Sold for $2,530,000
  2014 Gooding & Company - Amelia Island Sale
1955 Ferrari 250 Europa GT image  1955 Ferrari 250 Europa GT image  
1955 Ferrari 250 Europa GT Coupé by Carrozzeria Pinin Farina
Chassis#: 0407GT
Sold for $2,420,000
  2013 RM Auction - Art of the Automobile
1955 Ferrari 250 Europa GT image  1955 Ferrari 250 Europa GT image  
1955 Ferrari 250 GT Berlinetta Competizione
Chassis#: 0415GT
Sold for $7,150,000
  2013 Gooding and Company - Pebble Beach
1955 Ferrari 250 Europa GT image  1955 Ferrari 250 Europa GT image  
1955 Ferrari 250 GT Europa by Carrozzeria Pinin Farina
Chassis#: 0391 GT
Sold for $752,406
  2012 RM Auctions at Monaco
1955 Ferrari 250 Europa GT image  1955 Ferrari 250 Europa GT image  
1955 Ferrari 250 Europa GT
Chassis#: 0405 GT
Sold for $797,500
  2012 Gooding and Company - The Scottsdale Auction
1955 Ferrari 250 Europa GT image  1955 Ferrari 250 Europa GT image  

Vehicles That Failed To Sell

1955 Ferrari 250 Europa GT's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1955 Ferrari 250 Europa GT Alloy0389 GT2015 Bonhams : The Scottsdale Auction $2,800,000$3,400,000

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1955 Ferrari 250 Europa GT vehicle thumbnail image  1955 Ferrari 250 Europa GT vehicle thumbnail image  
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Vehicle Profiles

Chassis information for the Ferrari 250 Europa1953 Coupe
Coachbuilder: Vignale
Chassis Num: 0295EU
Chassis information for the Ferrari 250 Europa1953 Coupe
Coachbuilder: Pininfarina
Chassis Num: 0305 EU
Engine Num: 0305 EU
Chassis information for the Ferrari 250 Europa1953 Coupe
Coachbuilder: Vignale
Chassis Num: 0313 EU
Engine Num: 0331 EU
Chassis information for the Ferrari 250 Europa1954 Coupe
Chassis Num: 0359GT
Chassis information for the Ferrari 250 Europa1954 Coupe
Chassis Num: 0377 GT
Engine Num: 0377 GT
Chassis information for the Ferrari 250 Europa GT1955 Coupe
Chassis Num: 0389 GT
Engine Num: 0389 GT
Chassis information for the Ferrari 250 Europa GT1955 Coupe
Chassis Num: 0391 GT
Chassis information for the Ferrari 250 Europa GT1955 Coupe
Chassis Num: 0397 GT
Chassis information for the Ferrari 250 Europa GT1955 Coupe
Chassis Num: 0405 GT
Engine Num: 1585 GT
Chassis information for the Ferrari 250 Europa GT1955 Coupe
Chassis Num: 0407GT
Chassis information for the Ferrari 250 Europa GT1955 Coupe
Chassis Num: 0409 GT
Engine Num: 0409 GT
Chassis information for the Ferrari 250 Europa GT1955 Coupe
Chassis Num: 0415 GT
Engine Num: 0415 GT
Chassis information for the Ferrari 250 Europa GT1955 Coupe
Chassis Num: 0419 GT
Chassis information for the Ferrari 250 Europa GT1956 Coupe
Chassis Num: 0427GT


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