For the first time, a Ferrari hailed as the “earliest and most important in existence” is being offered for public sale.
The 1948 Ferrari 166 Spyder Corsa, a rare and historic model, is set to headline Broad Arrow Auctions’ inaugural Concorso d’Eleganza Villa d’Este sale in May. With an estimated price between €5.5 million and €7.5 million (£4.6 million to £6.33 million or $5.65 million to $7.7 million), it promises to spark fierce bidding among the world’s top car collectors.
Barney Ruprecht, Vice President of Auctions at Broad Arrow Auctions, stated: “The 166 Spyder Corsa is quite literally the earliest and most important Ferrari in existence today. While it carries chassis number 004 C, no earlier Ferraris remain intact or original.”
This remarkable car, built with bespoke coachwork by Carrozzeria Ansaloni, was one of only two ordered by Ferrari’s earliest customers, the Besana brothers. Its legacy is further enriched by an illustrious racing history, including a sixth-place finish at the 1948 Targa Florio, entries in the 1948 and 1949 Mille Miglia, and participation in Formula Two events and hill climbs.
The Spyder Corsa, which retains its original body, chassis, 2.0-litre V12 engine, and five-speed racing gearbox, also holds the prestigious Ferrari Classiche White Book certification. Its authenticity and significance make it a dream acquisition for any collector.
Over the years, the car has garnered numerous accolades, including a class award at the 2004 Pebble Beach Concours d’Elegance and Best of Show at the 2003 FCA National Meet. It has also received multiple Platinum Awards and been featured in top-tier events such as the Cavallino Classic and Casa Ferrari displays.
Adding to its appeal, the Spyder Corsa remained with the same family for 50 years, from 1965 to 2015, during which time it became a centrepiece in automotive publications.
Ruprecht explained the decision to auction the Ferrari at Villa d’Este, saying: “Given its significant racing history in Italy and across Europe, it feels only natural to return it to its roots for such a prestigious event.”
The auction, held in partnership with BMW AG, will showcase 70 exceptional cars, with the Spyder Corsa as its crown jewel.
For collectors, this sale offers a rare chance to own a cornerstone of Ferrari’s history. Bidding is expected to be intense, with Lake Como providing the perfect backdrop for this momentous occasion.
