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3455 N. Lindbergh Blvd
St. Louis, MO 63074
Telephone: (314)291-7000
Fax: (314)291-0957
E-Mail – info@schmitt.com
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Highlights
The incredible 1961 Ferrari 250 GTE Series I by Pininfarina featured here is finished in the factory original color combination of Bianco over an unrestored Nero leather interior with contrasting red carpets. This particular example, chassis number 2919 GT was the 246th example assembled with a completion date in November 1961. The first owner, Mr. Alexander of San Francisco, took delivery of the GTE at the Factory before having the car airfreighted to his home in California. Mr. Alexander took meticulous care of the Ferrari from new, having it routinely serviced by Italian car dealer Charles Rezzaghi in San Francisco until passing ownership of 2919 GT to its second owner in 1966. In 1977 David Martin of Oregon purchased the Ferrari from its second owner with approximately 50,000 miles on the odometer. Shortly after Mr. Martin commissioned a full engine rebuild of the numbers matching 3.0 liter Colombo V12 including a full carburetor rebuild and a new clutch fitted. David Martin passed ownership of the 250 GTE to his son Dale in 1996 who maintained the Ferrari for more than a decade resulting in more than 30 years of single family ownership. Numerous period photographs from the Martin’s ownership tenure featuring the Ferrari still accompany the car today, highlighting several Ferrari club and driving events. The 250 GTE remained on the west coast of the United States until the late 2000’s. Today 2919 GT hails from a respected private collection and presents as an honest, unrestored example displaying charming patina with visible paint wear and an original leather interior displaying the expected level of wear. Its condition mirrors nearly identical of that which was described by David Martin in a 1992 report which stated the vehicle had traveled only 69,443 miles from new at the time. Less than 1000 additional miles have been added on 2919 GT in nearly 30 years, proving furthermore that this Ferrari has been under only meticulous care from new.
An incredible assortment of documentation accompanies 2919 GT today including a copy of the owner’s manual, the original tool kit with jack and knock off hammer, previous registrations dating back to the mid 1960’s, service records, dozens of back issues of the Ferrari 250 GTE Register & Newsletter, a comprehensive history report by noted Ferrari Historian Marcel Massini and more! Simply put this is one of the most original examples of a 250 GTE to be found on the market today and is the opportunity for a Ferrari collector to procure a rare and desirable model with documented ownership provenance from new, matching numbers and largely original condition. We are incredibly proud to offer this stunning 1961 Ferrari 250 GTE Series I by Pininfarina to the most astute collector or investor who appreciates the performance and legacy of the Ferrari 250 series! Classic cars have proven to be among the most resilient and rewarding investments in recent years with the Historic Automobile Group Index (HAGI) jumping 39% in 2013, 16% in 2014 and 17% in 2015 while posting gains of 467% over the last 10 years. Ready to make an investment you can actually enjoy? Please contact one of our expert sales consultants for more information. They will be happy to give you a complete walk-around, supply you with a more detailed description, and answer any questions you may have. Buy with confidence.
History of the Ferrari 250 GTE
The Ferrari 250 GT 2+2 or “Gran Turismo” was unveiled the public at the 1960 Paris Motor Show and was the first large scale production of a four seater Ferrari. The Pininfarina design achievement utilized the same 2600mm wheelbase as the 250 GT Coupe and Cabriolet, however to configure it as a true 2+2 the new body was 300mm longer, 60mm wider and sat nearly 50mm lower than its predecessor. Still utilizing that classic Ferrari profile with a long hood and short tail connected by a sloping roof line, the 250 GT 2+2 was also referred to as the 250 GTE and was built until the fall of 1963 in three distinct series. In all only 954 examples were built and few remain in their original configuration today, as the 250 GTE chassis is often used as platform for 250 GTO tribute cars. Today the Series I GTE is highly prized with its grille mounted fog lights, and separated tail lamp arrangement. A light and powerful car with plenty of leg room the 250 GTE is indicative of what makes the 250 Series Ferraris so coveted today and examples are typically found in some of the world’s most premiere collections.
Daniel Schmitt & Co. is located in beautiful and historic St. Louis, Missouri. Our dealership spans 4 acres, boasts 3 luxurious showrooms, a state-of-the-art service department, a world-class restoration facility, and is only minutes away from Lambert International Airport. While we offer our cars for online sale and auction, we do also encourage you to visit our beautiful classic car showroom!
Family owned and operated for over 50 years, we are a classic and luxury car gallery, committed to delivering some of the rarest, highest-quality classic cars, to customers worldwide. Throughout the years, our classic car dealership has built its reputation as one of the most trusted providers of classic cars to enthusiasts, collectors or investors. We offer truly unique and beautiful motorcars for sale.
As Daniel Schmitt & Co. reviews will attest, we focus on providing a world-class automobile shopping experience with thorough descriptions and detailed images - an absolute must in the digital age, when many of our classic and investment cars are sold online. Please feel free to contact us with any questions you may have.
We look forward to working with you!
Finance rates as low as 8.9%.
We know that classic car financing can pose a unique challenge. Although a vintage or exotic car can be an excellent investment, some financial institutions attempt to apply standard “used car” rules for financing a classic car, which in many cases can make loan approval difficult.
We work closely with many banking institutions that understand and recognize the collector value of classic cars and view them as an investment, which allows us to help you get the financing you need so that you can have the car you have dreamed of.
Terms available up to 144 Months
If you have any questions, feel free to contact us, (314)291-7000 or credit@schmitt.com
* Rates vary depending on year of car, length of term and credit score.
Warranty Available. Please inquire for more information.
Please note: Shipping costs are the responsibility of the buyer. The prices listed in our ads are only shipping estimates, not the actual cost. Shipping costs vary depending on vehicle size, fuel prices, and carrier type.
Vehicle may be sold by our dealership before the end of auction.
Daniel Schmitt & Company has described the above-mentioned vehicle to the best of our ability. However, as with all pre-owned automobiles, the condition is subjective, and we recommend that the potential buyer fly out to inspect, as well as test drive any of our vehicles before finalizing their purchase. If it is not feasible for you to personally perform an inspection, we will gladly help facilitate an inspection by an independent service center of your choice and will make delivery arrangements of the vehicle for this purpose. All vehicles are sold in “AS IS” condition. Extended warranty options are available on most vehicles. Please be advised that no verbal statements concerning any vehicle constitutes a representation or warranty of said vehicle. Our goal is to provide you with the best service and buying experience as possible. All purchases include an additional $385 processing fee which covers the processing of paperwork, pre-vehicle delivery costs, FedEx shipping fees, and a 30-day temporary registration plate so that the vehicle can be driven prior to the title transfer. (ATTENTION INTERNATIONAL BUYERS: Please be aware that you will be responsible for the Federal Reserve fee(s) charged for all incoming wires).
In regards to winning bidders and Buy It Now customers: All winning bidders and Buy It Now bidders are encouraged to fly out and personally inspect the vehicle. If you deem the vehicle is not as represented upon personal inspection, we will not only refund your deposit, but will also reimburse your airfare at the cost of a coach ticket. Feedback must be left at the time of delivery upon final inspection.
Pertaining to non-eBay winners: Anyone who has provided a deposit but whose purchase is still pending, please note that said vehicle will not be held and is subject to being sold at any time until all contingencies are removed and the purchase order is signed.
The advertised mileage represents the actual miles when the car was posted online. These vehicles are test-driven and actual mileage may vary at the time of sale.
Condition Disclaimer
All used vehicles should be assumed to have some degree of wear. We do not manufacture our product. Each vehicle’s brand has its strengths, styles, tendencies, and shortcomings. Despite our best efforts to verify a vehicle’s mechanical condition, we are not able to warranty a manufacturer’s workmanship or a previous owner’s diligence in care of said vehicle. Due to this reason, all vehicles are sold “AS IS”. There are no mechanical guarantees, expressed or implied.
Daniel Schmitt & Co. reserves the right to end the auction at any time.
Daniel Schmitt & Co. 3455 North Lindbergh Blvd St. Louis, MO 63074 (314)291-7000 info@schmitt.com
Showroom Hours Monday - Friday: 8:30 AM - 5:00 PM Saturday: 9:00 AM - 3:00 PM (open until 5:00 by appointment) Sunday: Closed