Guess the $12 Million Dollar Ferrari

Yet another extremely rare Ferrari is about to change hands. Luxury auction house RM Auctions will take advantage of this year’s Pebble Beach Concours d’Elegance to unload a 1967 Ferrari 275 GTB/4 N.A.R.T. spyder. Because just 10 examples exist, it is expected to nab a cool $12 million plus!

1967 Ferrari 275 GTB/4 N.A.R.T. spyder

(Darin Schnabel © 2013 Courtesy of RM Auctions) 

The 2013 Pebble Beach Concours d’Elegance will take place in Monterey in mid-August. The auto show is brimming with rarely seen classic cars, supercars and cars that defy the senses. That indicates that there should certainly be no shortage of buyers for the 1967 Ferrari 275 GTB/4 N.A.R.T. spyder at the venue!

1967 Ferrari 275 GTB/4 N.A.R.T. spyder

“NART” is the abbreviation for Chinetti Ferrari’s North American Racing Team. 

1967 Ferrari 275 GTB/4 N.A.R.T. spyder

This particular Ferrari is based on the 275 GTB/4 coupe. As the story is told, it was hoped there would be a good market for a convertible version. Permission was granted for a limited production run using upscale coachbuilder Scaglietti and design house Pininfarina. The convertible sibling garnered a certain degree of fame thanks to slight racing success, media coverage, awards and even a starring role in ‘The Thomas Crown Affair’ with Steve McQueen. Ultimately, however, Chinetti Ferrari had difficulty selling all 10 examples of the Nart spyder.

1967 Ferrari 275 GTB/4 N.A.R.T. spyder

The 1967 Ferrari 275 GTB/4 S NART spyder above took home the driver’s award at the concours in 2009. It is owned by James L. Jaeger, Cincinnati, OH

This 1967 Ferrari 275 GTB/4 N.A.R.T. spyder was purchased by a man named Eddie Smith, who picked it up from the Maranello factory. Smith was an avid Ferrari collector and businessman residing in North Carolina. The low production number coupled with the fact that a single family has owned this model since its creation will up the final sale price. While it could easily get $9 million, the price will be driven up dramatically due to the single-family ownership fact.


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