An exceptionally rare piece of Ferrari history is set to cross the auction block this August—and collectors are already watching closely. The 1961 Ferrari 250 GT SWB California Spider Competizione, a car as rare as it is revered, will be offered at Gooding Christie’s Pebble Beach sale. Experts believe the final bid could exceed $20 million, placing it among the most valuable Ferraris ever sold publicly.
This particular California Spider—chassis 2383 GT—is one of only two built in competition-spec with lightweight alloy bodywork, making it a standout even among its already exclusive lineage.
Crafted for Speed, Styled for Elegance
Originally designed by Carrozzeria Scaglietti, the California Spider was conceived for drivers who wanted race-ready performance in an open-top grand tourer. But 2383 GT takes that formula to an extreme. Built with an aluminum body for weight savings, covered headlamps, and a rare factory-supplied removable aluminum hardtop, it was further outfitted with a quick-release external fuel filler—details typically reserved for competition machines.
Under the hood is a ferocious V-12 producing 280 horsepower, including a boost of 40 extra horses over the standard model, purpose-built for track performance.
A Provenance Worthy of a Museum
This isn’t the first Ferrari California Spider to grace an auction catalog—but it may be the most significant ever offered. Originally delivered to a German gentleman racer in 1961, the car was actively campaigned in hill climbs and circuits throughout Europe before making its way to the United States. After passing through several hands, including a noted Indiana-based collector and a television producer, it found its current owner in 1999.
Since then, the car has undergone a meticulous restoration and has appeared at premier global events, including the Goodwood Festival of Speed and Le Mans Classic, earning admiration from enthusiasts and historians alike.
Eligible for the World’s Most Exclusive Events
Beyond its rarity and provenance, what makes 2383 GT so compelling is its unmatched versatility. The car is eligible for the most prestigious concours and historic racing events worldwide—yet it remains a drivable, exhilarating machine. According to David Brynan, a senior specialist at Gooding Christie’s, “This car captures everything that makes a 250 Ferrari truly iconic: limited production, exceptional design, top-tier racing pedigree, and a story that spans continents and decades.”
Could It Break Records?
Gooding Christie’s currently holds the record for its most expensive sale at $22 million, achieved by the legendary Duesenberg SSJ once owned by Gary Cooper. If this Ferrari reaches its high estimate, it could become one of the top 25 most expensive cars ever sold at auction—placing it among titans like the McLaren F1, Ferrari 410 Sport Spider, and Alfa Romeo 8C 2900.
With that kind of history and rarity, 2383 GT isn’t just a car. It’s a once-in-a-generation opportunity.
An Auction for the Ages
Scheduled for August 15–16, the Pebble Beach sale will feature an exceptional roster, including a Bugatti Bolide, 1933 Alfa Romeo 8C 2300 Torpédo, and a Ferrari F40. But even among that elite company, the California Spider Competizione is expected to steal the spotlight.
As bidding opens and the world watches, one thing is clear: this Ferrari isn’t just up for sale—it’s about to make history.
Written By: Lydia Kelly
Published: 24th July 2025