Idle Torque: Vintage Ferrari roars off for $350K

Idle Torque: Vintage Ferrari roars off for $350K
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This 1960 AC Aceca-Bristol, one of just 86 built in right-hand- drive form, failed to find a new owner at Shannons’ Melbourne auction on March 3. Picture: Renee Nowytarger

A bit like MG club events of late, Shannons recently rattled off a couple of its auctions in quick succession.

It held one sale in Sydney on March 3, which followed its Melbourne auction two weeks earlier.

The most recent sale was more of a number plate auction, with 23 sets of stamped sheet metal bringing in a combined total of $1.2 million - slightly less than the $1.5 million Shannons was hoping it would make.

The remaining cars, motorcycles and automobilia added a further $1.1 million, resulting in a total of $2.3 million for the sale.

A sizeable chunk of that sum came in the sublimely beautiful shape of a 1973 Ferrari Dino 246 GTS, which sold for $350,000.

When new in 1973, a Dino GTS cost $17,800 in Australia. A Holden Kingswood was $3160.

The sale of a 1967 Lotus Elan Series 3 coupe for $20,000 seemed like a bargain, given good ones go for up to $45,000.

"It didn't have a water pump and hadn't run for some time, so the low purchase price was just as well," Perth Lotus Elan aficionado Andrew Plunkett said.

"These are brilliant sports cars but even restored Elans need regular attention.

"Fortunately they're very light, so they're really easy to push home."

The 1960 AC Aceca-Bristol didn't meet its reserve which, going by the guiding range, would have been about $150,000 - on par with international prices.

With the Bristol-powered roadster version (the Ace) now going for more than twice this, the Aceca is the cheapest way to get into one of the progenitors to the all-conquering AC Cobra which, of course, was based on the Ace.

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GO CRUISING WITH THE FORD ACES

Speaking of aces, the Ace Ford Club will run its annual cruise night this evening and the good news is that, to enter, your car doesn’t have to be a Ford and you don’t even have to be in the club.

This event is now in its 21st year and is brilliant for the variety of vehicles it attracts and the fun that comes with an leisurely evening cruise up the coast with a large group of like-minded folk and their cars.

For dedicated Ford fans, the gathering may carry some sadness following the death last Sunday of Henry Ford’s last surviving grandchild, William Clay Ford. He was 88.

William Ford worked for the company for 57 years and was involved in the development of a number of classic vehicles, most notably the Lincoln Continental II. This car is now regarded as one of the iconic Ford classics.

See Motor Moments for details on the cruise.

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MOTOR MOMENTS UPDATE
Today

Ace Ford Club Annual Cruise Night. Meet 3pm at Hayman Road carpark, Curtin Uni. Depart 5pm. $25 per car. Phone 0430 451 966 or 0414 623 103.

MARCH 22

Brookton Old Time Motor Show. Cars, trucks and machinery displays. See otms.org.au or phone 0429 426 002.

MARCH 22-23

Dowerin Tin Dog Motor Weekend. Competition and vehicle displays. Phone 0434 269 410 or see dowerincarclub.com.au

MARCH 30

Old’s Cool Car Cruise. From Tomato Lake, Kewdale. Departing 10.30am. Phone 0407 444 917 or see torrietorque.com

APRIL 9-14

Cadillac LaSalle Club Nationals, Busselton. April 12: Show and Shine, Signal Park, 10am-3pm. Phone 0401 100 288.

APRIL 13

South West British Auto Classic, Railway Reserve, Busselton. 10am-2.30pm. Phone 9727 2049 or 9754 3379.

All Australian Car Day. Waroona Showgrounds. Phone 0407 333 775 or 0418 936 952.

Send event details to acforro@gmail.com

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