Unrestored V12 2+2: 1972 Ferrari 365 GTC/4

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Ferrari’s 2+2 sports cars have long trailed the traditional two-seater models, as the perception of anything equipped either with back seats or four doors makes it tends to hurt values in the eyes of some collectors. Fortunately, that perception is changing as effectively any vintage Ferrari is now a collector’s items, and the once-affordable 2+2 models are quickly becoming unobtainable like the rest of them. This 1972 Ferrari 365 GTC/4 listed here on the Broadarrow Auction’s website is one just 500 or so examples ever made and is based on the iconic Daytona chassis.

Thanks to Barn Finds reader Araknid78 for the find. As many of us know, the Daytona is one of the most celebrated Ferraris ever made. It is up there with the likes of the original Shelby Cobra and the Lamborghini Countach as one of the definitive sports cars of its time, and with pedigree both as a road-going sports model and a car with respectable competition history, the Daytona story practically writes itself. The 365 was not that much different visually, as it maintained much of the Daytona’s profile and curves. However, it didn’t quite capture the hearts and minds of the masses like the Daytona did, despite being a very capable performer in its own right.

Which does beg the question as to how much of an impact those rear seats had. By the way, the rear buckets were not exactly intended for human use of any normal size, so the fact that cars like this get dinged for having a unusable back seat is fairly ridiculous. However, it’s not entirely about the presence of the rear seats: the 365 truly was intended to be a grand touring sports car, and Ferrari softened it up a bit as a result. The suspension settings were re-calibrated to make for a more pleasant ride, and even the Colombo V12 was de-tuned from the Daytona, transitioning to a twin-choke side-draft set up compared to the Daytona’s downdraft arrangement.

This 365 was delivered new to California in the same color scheme you see here of black-over-black. The car came into the states under the purview of famed Ferrari importer William “Bill” Harrah’s Modern Classic Motors, and based on the condition in the photos, it looks to have remained fairly untouched. There’s a gentle patina over the entire car, and is the sort of vehicle you could actually enjoy on occasion knowing it wasn’t perfect. However, Ferrari enthusiasts tend to be perfectionists, so two things won’t surprise me: this 365 is eventually completely restored, and it may not meet its reserve because most collectors want a turnkey car. Either way, this 365 GTC/4 is a rare find these days in untouched condition.

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Comments

  1. Richard Harris

    I like the mcburnie spider better. I know it was a unauthorized copy but I like the style

    Like 0
  2. DSteele

    Even the non popular Ferrari’s are still awesome

    Like 10
  3. Nevadahalfrack Nevada1/2rackMember

    IIRC, one of Bill Harrah’s sales staff wrecked one of these that as he was driving it back from SF for a customer order, and having not convinced Enzo to build a 4WD instead used the engine from it to build his own, the famous (infamous?) Jerrari..

    Like 7
  4. douglas hunt

    Always loved the look of this car, the front is fantastic, but the rear seems like they ran out of ideas…..it uses the standard transmission bolted to the engine versus the Daytonas transaxle with the exotic gated dogleg shifter, which may have put some of the Ferrari afficionados at odds

    Like 4
  5. PRA4SNW PRA4SNWMember

    2+2 or not, this is a beauty.

    Like 9
  6. BajaPFEMember

    The perfect car for visiting your mistress that lives on the Amalfi coast and looks like a young Sofia Loren.

    Like 15
  7. Jackson

    I would put a Ford 351 in it.

    Like 1
    • jwaltb

      Brilliant idea.

      Like 0
  8. Larry D*

    Hagerty has these at $145K, $220K, $295K, $350K (#4–#1)

    Like 4
  9. JagManBill

    Had a guy 40 years ago want to trade me one of these for a 65 E Type OTS I had for sale. I respectfully told him no thanks. I mean, who’s gonna want a Ferrari…right?

    Like 3
  10. Beauwayne5000

    Over priced over engineered an attempt at copying the u.s. marketing of the Corvette,
    Pantera did it better.
    Btw Junk the unworkable hinky carb system go EFI add a SC take your pick of brands IF the weak Italian bottom end has any LEGS that is.
    Of course purists will say it ruins resale but Nah these models were always just Italovettes nothing more.
    Pantera on the other hand has held up to the test of time & only needs Brought back w/updated aero design & better Metal.

    Like 1
    • jwaltb

      Exactly how was the bottom end “ weak”, according to you?

      Like 1
      • douglas hunt

        every thing he said was wrong …….

        Like 6
      • TreebeardZZ

        That what his underage mistress probably said about him while flogging him. I just love the inane comments about beautiful cars(it sold for $196,000) by those who possess neither the funds or the skills to even change the oil on one, let alone tune it. Saw it ALL the time like when working on a pristine Maserati Merak SS with 9,000 miles and a pimple faced kid driving daddy’s anemic ’78 slushbox Vette scoffed at it only having a V-6 – yup, he was only there for a way overdue oil change, but couldn’t swing a tune up with original plugs & wires with 80,000 miles, even though daddy made the insurance and loan payments for him. I challenged him to 1/4 mile with my ’76 F250 460 Supercab(eh, it wasn’t quite stock) – loudmouth declined – I even offered to unplug 2 of my ignition wires and race him on 6-cylinders. Spoiled kids are funny.

        Like 2
      • bill tebbutt

        Yeah. Lets take the gorgeous stock intake system and bolt an EFI to it. Uh huh, Let’s see how else we could screw up a classic work of art….

        bt

        Like 3
  11. chrlsful

    ‘30s – ‘70s is my definition of europe’s “classics” so this one’s near the finals (usa – late 30s thru very early 50s). Hey, I get to define it for me, no? Super cars fall out of that. This 1 still has the graceful lines (to me) but as said the more popular daytona is killer.

    Like 0
  12. Acton Thomas

    What a beautiful car from all angles. I may have missed it in the photos but I did not see any rear seats. I saw just a package tray, that appears to be able to hold about 10 pizza boxes. Just think, you can hear the 4.4 liter V-12 sing an Italian opera as you carve through the canyons, delivering pizza to the residents in Malibu. Well? How else to do expect to pay for this gorgeous car?

    Like 4
    • justpaul

      As a plus, with the right exhaust, they’d hear you coming and be waiting at the door.

      Like 2
  13. Araknid78

    I am one of the few people who have always liked these

    Like 1
  14. GIJOOOE

    2 extra, unusable rear seats or not- it’s a friggin V12 Ferrari! I can only dream about owning one, but I don’t have to be dreaming when I think about how glorious the engine sounds while accelerating through the gears. I was behind a late model Ferrari California today, and it sounded amazing, 4 extra cylinders would be like listening to God tell a story.

    Like 3
  15. Chris Cornetto

    Wonderful sounding cars. I always thought GM borrowed heavily from it for the Monza.

    Like 2
    • SubGothius

      Yup, the Chevy Monza 2+2 hatchback clearly took inspiration from this Pininfarina design, especially for the side windows and beltline in particular.

      Like 1
  16. Araknid78

    1972 Ferrari 365 GTC/4
    Lot 264 |
    The Amelia Auction 2024
    | Sold Price:
    $196,000

    Like 1

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