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A rare 1961 Ferrari 250 GT SWB California Spider Competizione—one of only two ever built with alloy bodywork for racing—is set to headline the Gooding & Company Pebble Beach Auctions on August 15 and 16, with expectations it could sell for as much as $20 million.
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Known by its chassis number 2383 GT, this California Spider has never before been offered publicly and represents one of the most historically significant Ferraris to cross the block in recent memory. Finished by Carrozzeria Scaglietti in lightweight aluminum and equipped with a competition-spec V12 producing 280 horsepower, the Spider was originally delivered to a German gentleman racer who campaigned the car across hill climbs and circuits in the early 1960s.
David Brynan, a specialist with Gooding & Company, called the vehicle “the most significant and compelling example we’ve ever presented,” citing its rarity, originality, and eligibility for top-tier concours and historic motorsport events.
Originally painted red, the California Spider has undergone restoration under current ownership, which began in 1999. It has since been shown at prestigious international events including the Goodwood Festival of Speed and the Le Mans Classic. Among its unique features are a removable aluminum hardtop, competition-style fuel filler, and covered headlamps—characteristics that elevate its value among Ferrari collectors.
Only 56 short-wheelbase California Spiders were built between 1960 and 1963, and just two received competition modifications with alloy construction. The $20 million estimate places the Ferrari among the top 25 most expensive vehicles ever sold at auction if it reaches that mark.
Gooding & Company’s current record stands at $22 million for a Duesenberg SSJ, sold in 2018. The upcoming sale could set a new benchmark for the iconic Ferrari nameplate.
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