2026 |
Amelia Island Auctions1963 Ferrari 250 GT Lusso
Coachwork by Scaglietti
Estimate
$1,600,000 - $1,800,000
Chassis
5127 GT
Engine
5127
Car Highlights
The Final Ferrari 250 GT Model; One of Only 350 Lussos Built
Delivered New to Milano Finished in Elegant Grigio Fumo (Smoke Gray)
Yet to Be Exhibited Since Undergoing a Three-Year, Show-Quality Restoration
Offered from a Private Collection of Significant Italian Sports Cars
Documented by Ferrari Historian Marcel Massini
Technical Specs
2,953 CC SOHC Tipo 168U V-12 Engine
Three Weber 36 DCS Carburetors
240 BHP at 7,000 RPM
4-Speed Manual Gearbox
4-Wheel Dunlop Disc Brakes
Front Independent A-Arm Suspension with Coil-Over Shock Absorbers
Rear Live Axle with Semi-Elliptical Leaf Springs and Coil-Over Shock Absorbers
M. Gastone Crepaldi S.a.s., Milano, Italy (acquired new in 1963)
Bill Ziegenbein, Madison Heights, Michigan (acquired by 1989)
Charles Zwolsman, Netherlands (acquired circa 1991)
Fritz Kroymans, Hilversum, Netherlands (acquired in 2001)
Tom Price, Larkspur, California (acquired from the above in 2010)
Private Collection, Connecticut (acquired from the above)
Current Owner (acquired from the above)
Amsterdam International Motor Show (AutoRAI), 2009
An Italian gran turismo of exceptional elegance and enduring appeal, the 250 GT Lusso stands among the most celebrated road-going Ferraris of the marque’s golden era. Introduced in 1963 as the ultimate development of Ferrari’s long-running 250 GT series, the Lusso benefited from a decade of continuous refinement. Its tubular steel chassis featured independent front suspension, a well-located live rear axle, and four-wheel Dunlop disc brakes, while power was provided by Colombo’s magnificent three-liter V-12, breathing through three Weber carburetors. Though conceived primarily as a civilized road car, the Lusso retained unmistakable competition pedigree, with examples successfully contesting events such as the Targa Florio, and the Tour de France.
The Lusso’s enduring reputation, however, rests largely on its sublime coachwork. Designed by Battista “Pinin” Farina and constructed by Carrozzeria Scaglietti, the design has been widely hailed as one of the most beautiful ever applied to a Ferrari road car. Just 350 examples were built between 1963 and 1964 and from the outset, the Lusso was regarded as a connoisseur’s Ferrari.
Chassis 5127 GT was completed in October 1963 and was the 128th Lusso built. According to research compiled by Ferrari historian Marcel Massini, it was originally finished in the rare and particularly attractive shade of Grigio Fumo (Smoke Gray, Italver 18944) over black Connolly leather upholstery. Delivered new to M. Gastone Crepaldi S.a.s., Ferrari’s official dealer in Milano, the car is believed to have remained in Italy for several years before being exported to the US.
While details of its earliest ownership remain limited, by 1989 the Lusso was owned by Bill Ziegenbein of Prestige Motors in Michigan. It subsequently appeared at auction in London in 1990 and was offered for sale in California the following year. In 2001, the car was sold at the Domeinen Auction, Netherlands, and acquired by well-known Ferrari collector Fritz Kroymans. During his ownership, the Lusso was displayed at the 2009 Amsterdam International Motor Show (AutoRAI), before returning once again to the US and passing through the hands of two more collectors.
In 2019, chassis 5127 GT was acquired by the current owner, a respected Southern California collector known for his exceptional stable of Italian sports cars from the 1950s and 1960s. A previous Lusso owner who has long admired the model, he selected this example specifically for its attractive original livery and honest character, with the intention of undertaking a comprehensive restoration.
Over the past three years, this Ferrari has been meticulously restored to show-quality condition by trusted Southern California specialists, including the consignor’s in-house mechanic and marque experts responsible for preparing his multiple Pebble Beach concours-winning automobiles. The body was stripped to bare metal, carefully prepared, and refinished in its correct Grigio Fumo, a color that perfectly complements the Lusso’s sculptural lines. The interior was retrimmed in elegant avorio (ivory) leather, providing a tasteful and visually striking contrast while remaining sympathetic to period presentation. Chrome trim was refinished by renowned specialists Brightworks Restoration, while close attention was paid to correct finishes throughout the engine bay, lighting, and detailing.
With the driveline found to be in good mechanical order, major components were sympathetically refreshed and cosmetically restored, while ancillary systems – including brakes, suspension, and electricals – were extensively renewed with exceptional attention to detail. Completed in early 2026, the restoration has not yet been shown or judged, presenting its next caretaker with the opportunity to debut a fresh and exquisitely prepared Lusso at leading concours d’elegance and Ferrari Club events.
Offered with a proper tool roll and a report by Marcel Massini, this beautifully presented 250 GT Lusso offers a rare opportunity to acquire one of Ferrari’s most admired designs, finished in its seldom-seen original color and emerging from the stewardship of a discerning, award-winning collector.


