Lamborghini’s original test driver created the racing-spec V8 engine
You won’t find many Ferraris you can purchase for less than $100,000. The 1979 308 GTB might sell for half the price at RM Sotheby’s Arizona sale on January 27,. But here’s the catch: The catch? It isn’t street legal, and it has a set up for club-level racing. It is expected to sell for between $30,000 and $40,000 by the company, with no reserve.
Although the 308 GTB was purchased by the owner in 1993, its first race took place in June 2012. The Ferrari was extensively modified to improve its ability around a circuit. Bob Wallace, Lamborghini’s first test driver, rebuilt the V8 engine for better competition.
Every other component was also given attention. You will find custom-built shocks and rebuilt brakes. There were also tweaks to carburetors, intake manifolds and Holley fuel pumps. The interior is simple with a roll cage and racing seat. There’s also a fire extinguisher.
Modified bodywork recalls the Ferrari 288 GTO, with elements such as the diagonal vents at the rear fenders.
It was raced by the owner for six years in Sports Car Club of America, Ferrari Club of America, primarily at courses in the western part of the United States. The Ferrari was subject to many modifications over the years.
The invoices included with the car show that the total build cost was more than $102,000. It could sell for half that amount, according to the auction estimate. The new owner will also get to enjoy the thrill of driving a Ferrari around the track, without having to make a large financial investment.
RM Sotheby’s has extensive documentation that can be accompanied by the car. The documentation includes the 1993 purchase agreement, build notes, photos and invoices. The vehicle comes with spare parts and an additional set of wheels.