Heroshot

1967 ASA 1000

Spider
$149.3M worth of cars at RM Sotheby's Monterey
Thursday, 12 August - Saturday, 14 August 2021
$201,600
Sale Price
$160,000 - $180,000
Est. Range
No
Reserve
13 August 2021
Sold Date
218
Lot Number
#2-
Recent restoration
RM Sotheby's
Auction House
Chassis no. 11010; Engine no. 173273. Red over black leather. 1032-cc Ferrari-designed four, dual Webers, 4-speed, Borrani centerlock alloy wheels, Hankook tires, leather boot cover, Nardi woodrim steering wheel, Jaeger gauges.

Evaluation: Cool, cute and rare “Ferrarina.” One of about 100 built and just 17 factory spiders. Restored in Italy in 2016. Tired bumper chrome. Good paint aside from a scuff behind the passenger’s door, a handful of touch ups, and a shallow dent on the trunk lid. Uneven panel fit. Very good interior. Not quite restored to Ferrari standards, but it’s not quite a Ferrari, is it?

Bottom Line: In 1959 Ferrari introduced a small four-cylinder engine, essentially a scaled-down version of the Colombo 250 V-12. But rather than put the engine in a Ferrari, Enzo sold the production rights to the De Nora Group, which in turn established a company called ASA (Autocostruzioni Società per Azioni) in Milan to build a small car around that engine, with a tubular chassis developed by Giotto Bizzarrini and a body penned by Giorgetto Giugiaro at Bertone. As so often happens with upstart sports car companies, though, the ASA was too expensive to be competitive, never sold in large quantities, and remains somewhat obscure despite all the big names attached to it. But not obscure to the bidders at the Portola, who afforded it a spot-on price for the condition and the extra-rare status of a drop-top ASA.

by Andrew Newton
24 August 2021
Hagerty
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.