Car & Classic Premium Auctioneer

Iconic Auctioneers Ltd

The Forge, Harwoods House, Banbury Rd, Ashorne, Leamington Spa

CV35 0AA

1977 FERRARI 308 GTB For Sale by Auction

To be offered by Silverstone Auctions at 'A Sale of Ferrari in association with Ferrari Owners Club of Great Britain’ at 12:30pm on Saturday 21st September at the IXL Centre, Dallas Burston Polo Club, Warwickshire, CV47 2LD. For further details please contact Steven Keen on the details below.

Estimate: £45, 000 - £55, 000

+buyer's premium of 15% including VAT @ 20%

- Original right-hand drive delivered to UK importer Maranello Concessionaries in 1977 for Hong Kong dealer Italian Motors
- Specified with Rosso Chiaro paintwork, Testa di Moro leather and Corda carpets, air conditioning and wider wheels
- Benefitting from recent expenditure to the sum of £20, 000 including engine rebuild, suspension and braking system overhaul
- Presenting well in a timeless colour combination and offered with a full MOT and a history folder thick with invoices


The 308 GTB was launched at the Paris Motor Show in 1975 as a direct replacement for the Dino 246 GT. Designed by Pininfarina with sweeping curves and aggressive lines, the 308 has gone on to become one of the most recognised Ferraris of all time. Fitted with a 2. 9 litre DOHC V8 engine fed by four Webber 40DCNF Carburettors, the power output of 255bhp was sufficient to propel the 308 from 0 to 60mph in 6. 5 seconds and on to a top speed of 159 mph. In 1980, the decision was taken to replace the carburettors with fuel injection, unfortunately reducing the engine output from 255 to 214 bhp, meaning that the earlier carburettor cars, like this one, are significantly quicker. The 308 was manufactured in both GTB and GTS (Spider) forms from 1977 to 1985, before being replaced by the 328. In hindsight, connoisseurs of Ferrari from this era consider the version to have is a steel -bodied car with a dry sump and carburettors, which is exactly what we have on offer here.

This lovely 308 was manufactured in 1977 and delivered to UK importer Maranello Concessionaries in the same year for Hong Kong dealer Italian Motors, specified in right-hand drive with Rosso Chiaro (red) paintwork. Imported into the UK in 1998, our enthusiast vendor purchased this example in 2017 and set about a thorough schedule of works to bring it back to its best. Invoices found within the history folder outline a mechanical overhaul including an engine rebuild entrusted to a highly regarded marque specialist. The suspension, braking system and major electrical components were also replaced or reconditioned. The seats were professionally retrimmed in cream hide and a quick tally up of the invoices reveals an investment amounting to over £20, 000. Showing just over 36, 000 miles, this particular 308 GTB presents very well and having had such recent attention should require nothing more than regular exercise from its new owner. Offered with an MOT valid until 19 May 2020, a comprehensive history folder including MOTs dating back to 1998, import documents, spare keys and of course supporting documentation for the recent engine build dated June 2018.

Today this Ferrari 308 represents a usable classic sports car with beautiful styling and sparkling performance offering an exciting ownership experience. It’s been guided very sensibly so, if you have ever had an itch for a classic V8 Ferrari, now may be the time for a little scratch.


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