1969 Ferrari 365 GTC #12105

We are please to offer 1969 Ferrari 365 GTC s/n 12105, a beautifully restored Enzo-era Ferrari we know well having sold it in April, 2004 and again in March of last year. S/n 12105 is a Euro model, of course, the last of the pre-EPA and pre-DOT Ferraris, a multiple platinum award winner and the recipient of a ten-year ongoing restoration and improvement process. Complete with all the goodies needed to win a Platinum including its books and leather pouch, a period-correct 1969 warranty card, the full tool set and tool roll, the jack kit, an original 365 GTC sales brochure, the Automotoclub Storica Italian docs, the Automobile Club D’Italia docs and a staggering 322 pages of restoration, maintenance and preparation for show docs totaling just over $600,000.00! Copies on file, e-mail us for copies.

365 GTC s/n 12105 was completed in April, 1969 by the factory in Maranello. The car was delivered new to Crepaldi S.a.s., the official Ferrari dealer for Milan and was then sold by Crepaldi to the first owner, Gianni Restelli, the general manager of the Monza racetrack, registered on plates MI 82445P. 365 GTC s/n 12105 went through a series of Italian owners before going to Claudio Fontichiari of Mestre/Venice who had s/n 12105 fully restored by the best shops in the Modena area with body by Egidio Brandoli (ex Scaglietti); stunning Blu Pastello paint by Signor Pietro Cremonini; mechanicals done by Diena and Silingardi of Sport-Auto and the tan leather interior was done by Signor Luppi.

In Nov., 2001 Dr. Andy Manganaro  of Xenia, Ohio agreed to buy 365 GTC s/n 12105 flew to Italy and examined s/n 12105 at length with a Ferrari expert. The car was (and is) in near perfect condition.  it came with certification from the prestigious “Automoto club Storica Italiano” with certificate #012691 authenticating the car as chassis #12105 with motor #12105. In June 2008 365 GTC s/n 12105 was given a thorough pre-purchase inspection by Fossil Motorsports, Chatsworth, CA before being purchased by Victor Priesler, Calabasas, CA who began a long term restoration and update process.

In June 2010 Fossil Motorsports began a major mechanical restoration of the engine, transaxle, brakes, steering, suspension, exhaust, electrical, cooling, heating and A/C systems. Invoice # 1089 dated 17 June, 2010 covered 6 pages to disassemble all mechanicals plus an initial parts order at $12,475.99. Invoice # 1091 covered another 5 pages and detailed parts cleaning and bead blasting of components at $9,890.66. Invoice # 1094 covered 3 pages and detailed brake booster work, A/C compressor and condenser repairs, fuel system and header work at $11,116.45. Invoice # 1097 covered 3 pages and detailed hardware, wiring, A/C, torque tube and muffler work at $11,755.25.  Invoice # 1098 detailed firewall and engine bay detail work at $7,878.00. Invoice # 1099, # 1102 and # 1104 detailed the work for a a re-paint of the engine bay. Invoice #1106 covered 3 pages and detailed the primer and painting of the engine bay plus materials at $7,293.50. Invoice # 1113 covered 2 pages and detailed a rebuild of the steering box, parts magnaflux and engine bay paint and detail work at $3,088.40. Invoice #1115 covered 11 pages and detailed water pump, camshaft and timing gears repairs, cylinder head removal, cylinder head stud removal, cylinder liner removal, valve guide removal, fitting new valve guides, sublet cams for regrind plus new valve train and distributor parts at $45,963.09. Total power train invoices for 2010 were $118,197.69

In 2011 Fossil Motorsports continued on 04 Jan., with repairs to the fiberglass undertray, paint and detail work to air horns and other components, carb rebuild work, media blasting the block, subletting the block for machining, test fitting the block and liner fit to cylinder heads, porting the intake manifolds to the cylinder heads and test fitting new pistons to the bores. Fossil Motorsports then ported and polished the intake and exhaust ports and test fitted the crank, liners and heads, plus parts. They then performed paint and detail work to engine compartment brackets, mounts, wiring, the A/C blower box and cadmium plating of underhood components, cylinder head assembly, fit new cylinder liners, rebuild the brake booster, rebuilding the master cylinder, installing new copper brake lines, new cylinder head studs, plus rod, piston, flywheel and clutch balancing, heating system rebuild, heater valve replacement and A/C system lines and fittings, suspension and brake system work, engine assembly and suspension cleanup, half-shaft, sway bar, suspension control arms and exhaust heat shield work, engine assembly, test running on an engine stand and three days of dyno run-in and dyno testing plus oil analysis and re-torque the heads after the dyno test. Total invoices for the first half of 2011 were $90,120.01. Maximum horsepower was 325 hp @ 6442 rpm with max torque of 301 ft lbs @ 4,910 rpm.

Work at Fossil motorsports continued in July 2011 with detailing suspension and brake system cleanup and two NOS ATE rear brake calipers ordered from Italy, more bead blasting, park brake assembly, sway bar repaint and fitting, spring and shock assembly, half-shaft and e-brake assembly and control arm and bushing assembly, test fitting the engine installation to sublet header fabrication in Costa Mesa, trucking back and forth, new headers, new collectors, a muffler test fit plus new muffler heat shields, engine and exhaust system removal for frame paint work, rebuilding the front hubs, prep and magnaflux parts and a clean for frame paint work. work continued with a rebuild of the front hubs,  scrape and clean undercoating from the chassis, wire brush bare metal areas, rebuild the front brake calipers, powder coat the wheels and rebuild suspension components, re-valve the front shocks, paint the chassis and wheel wells plus parts, ceramic coating the headers, black oxide coating the suspension components, sublet the front and rear hubs for cadmium plating plus parts painting or powder coating, painting the air box, steering links, install the suspension bump limiters, refinish the tail pipes, more suspension component assembly, brakes, rear exhaust and selecting the correct hardware plus parts, hand mounting the tires, a wheel balance, final installation of the brake soft lines, make mounting brackets for the heat shields plus new fuel and oil lines, starter motor and solenoid to relay wiring, fitting new firewall grommets and padding the engine compartment for final engine installation, installation of the engine and all related components, connections to gauges, fitting the rebuilt carbs, installing and timing the distributors, plus parts. Invoice # 1165 is the final invoice in 2011 dated 21 Dec., 2011, and details the A/C compressor and brackets, the heater hoses, heater valves, alternator and wiring installation, plus parts. Total of the second half of 2011 is $99,915.91 and the total of all 2011 invoices is $190,035.92.

Going into 2012 work at Fossil motorsports continued on 09 Jan. with detailing the transaxle and torque tube overhauls, exhaust, steering and A/C assembly, additional exhaust and A/C work, installation of the cooling and heater system, A/C and heater fans and shifter setup plus parts, engine bay work including heat shrink covering the wiring, a double fuel tank flush and crossover hose plus new fuel system lines, new fuel hoses, testing the fuel tanks, indexing the transaxle to the shifter and shift shaft and the setup of the engine for the first start, interior re-assembly, cable greasing and attachment and fuel soft line installation, gauge hook-up and further interior assembly, testing the cooling system, hoses, fans and relays, Ferrari yellow marking on all suspension components, correct period hose clamps plus wiring and small parts, making a correct spare tire cover, installing correct labels and hardware plus a final fit of the exhaust and tailpipes for proper height and side-to-side conformity, new trunk carpet, repairing the seat back adjuster, road testing the car and replacing the rebuilt A/C compressor which failed. Invoice # 1190 is dated 18 Oct. and is the final invoice for 2012, covers 4 pages and details repairing a failed fan blade, making a new battery box and hold down, testing electricals such as the headlights, new headlight bulbs, turn signal relays. Total of all invoices for 2012 is $88,280.04.

Work at Fossil motorsports continued on 21 April 2013 with servicing the transaxle with shifter adjustment and re-seal, balancing the cooling fan blades and replacing the A/C clutch assembly, re-assemble the shift linkage, change the gearbox oil, replace the backup light switch, a light check, replacing light bulbs as needed, repairing bad grounds in the light assemblies and replacing the fuse board. Invoice # 1204 dated 14 Oct., is the final invoice of 2013 and includes installing a new fuse board, repairing leaking A/C fittings, a four wheel alignment, a test drive for 75 miles and a nut and bolt of the suspension. Total of all invoices for 2013 are $27,757.02

Ongoing work at Fossil motorsports continued on 19 March 2014 with invoice # 1212 which details dropping the steering column to replace the ignition switch plus new suspension track rods and details preparing 365 GTC s/n 12105 for concours at Palm springs including trucking to Palm Springs. 2014, 30 March, 365 GTC s/n 12105 was shown at the 2014 Desert Concorso presented by Concorso Italiano, hosted by Keith Martin at the Shadow Mountain Resort in Palm Desert, CA. Noted as being dark blue with tan leather, a black dash with wood grain insert, a wooden steering wheel with three silver metal spokes, tan leather center console, slotted wheels with chrome squared three-eared knock-offs on MN Collector plates: 760-109, owned by Victor Preisler of  CA. Won platinum.

After the concours work at Fossil motorsports continued on 26 April 2014 with  work done to correct the judging sheet including repairing the amp gauge, removing the front bumpers for replating, replacing engine breather hoses, repairing and detailing the hood grilles so they can be reproduced by 3D re-manufacture, park brake repairs, new 3D made hood grilles, order of a reproduced warranty booklet plus a detail and delivery of the car at $9,337.07 for the Concorso Ferrari Pasadena show, winning platinum. 2014, 18 May, 365 GTC s/n 12105 was shown at Concorso Ferrari Pasadena. Class 3 – 365. Winning Platinum – Victor Priesler, 1969 365 GTC (s/n12105). Work in 2014 at Fossil motorsports ended with invoice # 1225 which covers 4 pages and details installing a new shifter U joint, repairs to the passenger’s door window mechanism and replacing all exhaust hardware with correct L.O.B.R.O. hardware at $8,908.90. The total of all invoices for 2014 are $34,389.91

On the constant search for perfection work in 2015 continued at Fossil Motorsports on 03 April with the purchase of a new windshield and windshield rubber, re-chroming the windshield chrome surround, block sanding the chrome and copper plating for re-chroming and discovering that the new windshield is 3/16″ too large for the opening, searching out and subletting the windshield to a glass grinder to cut down the windshield to size, a consultation with the owner after reviewing the judging sheets from Pasadena, ordering new bumper rubber inserts, re-doing the gas door cover and detailing the engine compartment and preparation for the Ferrari Club of America meet at Monterey, trucking to Monterey and at-the-show support. The headlight switch assembly was sublet to Odd Parts in Sonoma for a rebuild of the headlight switch. 2015, 16-19 Aug., 365 GTC s/n 12105 was shown at the Ferrari Club of America  International Meet, Monterey, CA. Class 4: 365. Platino Class award winner/Coppa di Platino Award. The last invoice of 2015, #1262 is from Fossil Motorsports and details unloading from Monterey,  getting copies of the judging sheets and correcting minor areas such as the grille hardware and getting a show-quality tar-top battery. Total of all invoices from 2015 are $24,122.43.

Work in 2016 continued at Fossil Motorsports on 02 Oct., with repair a window lift motor, sublet and magnaflux plus painting the wheels plus new hardware, grade 8 bolts and a repo stem kit, making a new A/C dryer, an overhaul of the A/C system and location all the correct hoses and fittings, a new tar-top battery, a rebuild of the alternator and voltage regulator plus installation of the tar-top show battery, a coolant and brake fluid flush, an oil and filter change, a nut-and-bolt of the suspension and brake system and an electrical and light system check. The last invoice of 2018, details an oil analysis. Total invoices for 2016, 2017 and 2018 are $13,519.42

Fossil Motorsports last invoice of 2019 details repairs to the A/C system from a pulley failure and the rebuild of a leaking steering box plus a NOS A/C compressor and compressor drive clutch assembly at $12,529.29. 365 GTC s/n 12105 then moved to Rex Nguyen restoration for a detail prior to a professional photo shoot. Invoice # 705 dated 03 Sept., from Rex Nguyen restoration details the purchase of all new Italian carpet, dismantling of the interior and the installation of the all-new carpet, and a color sand and buff of the car. Total invoices for 2019 are $22,172.21. In 2020 Rex Nguyen restoration continued the ongoing detail and minor improvement program on 17 March 2020 with a light polish and detail, four new Michelin 205 VR 14 XWX tires plus a mount and balance, additional polish and detail work and new ANSA exhaust tips. The last invoice from Rex Nguyen restoration, dated 08 March 2021 includes repainting the wheels in the correct shade of silver, stamping the wheels with the correct period inscription, balancing all four wheels and tires, two new ANSA muffler center sections, a wiring safety check and adding an original  jack in the correct shade of light blue,  adding a hub puller and wheel chock to the tool kit plus a final test drive. Only three days earlier, on 05 March, 2021 Ferrari 365 GTC s/n 12105 was sold by Mike and Colleen Sheehan’s Ferraris-Online LLC to the current owner. Total invoices for 2020 and 2021 are $21,326.20. total of all invoices from 2010 to 2021 is $608,594.65

When introduced in 1968 the 365 GTC was an improvement over the earlier 330 GTC thanks to the 4,390 cc, SOHC Colombo V-12 engine rated by Ferrari at 320 hp with more than adequate torque. That power was put to the ground through a easy shifting rear-mounted 5-speed transaxle which gave a 50/50 weight distribution. When tested in May 1969 the 0–60 mph time was a quick 6.3 seconds giving a quarter-mile time of 14.5 seconds at 90 mph with a top speed of 151 mph, performance figures that were very impressive at the time and still more than capable of dispatching the majority of cars on the road today. The 365 GTC’s steel body was designed and built by Pininfarina, fusing the general design of the 275 GTS with a nose similar to that of the top-of-the-line 400 Superamerica and 500 Superfast. Production was only 150 units as the launch of the higher-profile 365 GTB/4 Daytona limited sales. Time has proven that the low production numbers simply add to the exclusivity and desirability of the 365 GTC amongst collectors.

365 GTC s/n 12105 was originally finished in Marrone Colorado with Nero leather and when restored in 2010 was refinished in a stunning and flawless Blue pastello (dark blue metallic) paint with soft and supple tan Connolly leather and matching tan Italian wool carpets. The dark blue paint paint shifts from a very dark blue to a purple tint in the sun, the body gaps are perfect, the tan leather interior is both luxurious and gorgeous and the attention to detail with every part and every component is obsessive compulsive and was done without regards to cost!  The steering is light, the controls are easy to use, the four wheel independent suspension and 50/50 weight distribution grips the road and the dyno tested Columbo gives a true 325 hp @ 6442 rpm with a generous max torque of 301 ft lbs @ 4,910 rpm, more than ample performance. Thanks to the near flawless paint, interior and mechanicals plus the full set of books, the pouch, the tools and tool kit, the warranty card plus the sale brochure and other docs 365 GTC s/n 12105 is ready for the concours Field, a weekend Cars & Coffee gatherings, or as a pride of ownership in the owners garage. 365 GTC s/n 12105 simply must be seen to be fully appreciated, it is truly an ideal opportunity for the serious Ferrari enthusiast seeking a Platinum winning and Platinum ready show car. Even better, s/n 12105 starts instantly, idles like a 40 pound tomcat, runs exceptionally well, drives well, goes through the gears easily and stops straight, all while making all the right sounds. Today she is ready-to-go for an owner who wants to experience it to the fullest on the show field, on the open road or simple admire in his garage.