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1998 Ferrari 355 Gts Targa on 2040-cars

US $11,000.00
Year:1998 Mileage:26694 Color: Red /
 Tan
Location:

Arlington, Massachusetts, United States

Arlington, Massachusetts, United States
Advertising:

E-Mail Questions at: hiramhrradwick@pcfans.net .

1998 Ferrari GTS Targa. This car is the rarest of all of the F355’s produced. Very few Targa’s were made
during the production run and even fewer of the Targa’s were color matched to the car. Most of the Targa Roof
Panels were the black vinyl skin. This car is the classic Rosso Corsa Red over Ferrari Tan.
Let me begin by stating this car has a rebuilt title due to an ignition fire in 2007. The fire started behind the
dashboard and was put out immediately. However, since a fire extinguisher was used, the interior of the car was
covered in the white powder. The insurance company appraisal dictated that every interior part be replaced
including seats instrument panel etc. Basically the car in 2007 was only worth the about the appraisal to fix
value and the insurance company declared the car a total loss.
The car only required repairs to the ignition switch, tachometer and speedometer bezels and a small part of the
dashboard. All of those items were repaired with factory Ferrari OEM parts. All remaining interior items were
simply vacuumed, shampooed and otherwise cleaned. The car had absolutely no body damage. Let me say that again
– the car had absolutely no body damage. The car has never been hit and has never had any paint work whatsoever.
I’ve added the actual insurance pictures to the listing so you can see the car in the condition after the
ignition fire.
I bought the car sight unseen after the repairs had been made. My intention was to use it for track days as at the
time already had a Ferrari F430. When the car arrived it was absolutely beautiful and was much too nice to tear up
to create a track car.
I’ve had the car for 5 years and it’s been a gem to own. I’ve put about 7,000 miles on it in 5 years and
it’s been thoroughly serviced.
Services:
13,000 miles (previous owner) Full Engine out 30,000 mile service.
20,685 (10/2010) miles (my ownership) Full Engine out Belt, Valve etc… 30,000 mile Service also replaced bad
exhaust manifold. Service was $13,690.00
21,302 (5/2011) miles (my ownership) Complete Clutch Replacement. Service was $4,102.00
22,941 (6/2012) miles (my ownership) Complete Engine out Service replaced other bad exhaust manifold. Service
was $5,821.00.
25,521 (8/2014) miles (my ownership) Battery Replaced with Optima Battery and chased a ground wire fault.
Service was: $668.00
26,452 (7/2015) miles (my ownership) Oil and Fluid Service and Suspension Diagnostic. Service was $1,331.00
The new owner will need to do nothing to this car from a service perspective for the next 5000 miles. It will not
need a 30K Service as it’s already had 2 of them.
Goodies:
The car has a full cat-back Tubi Exhaust with full stainless exhaust tips. It uses the factory catalytic
converters and it sounds absolutely amazing. A 355 without a Tubi is simply a crime. Other than that the car is
completely stock mechanically.
Black 19” Wheels. The Challenge wheels were on the car when I purchased it and they really give it a sporty
look. I do not have a set of the stock wheels, but there are always sets for sale on Ebay if you want to go for
the stock look.
Tires – Brand new Bridgestone Potenza S04 Tires were added at approximately 25,000 miles. They have 98%
tread left as I’ve driven about 1000 miles on them. Tires were $1,600 installed.
6-Disc CD Changer. Car has the Factory Ferrari Radio and Speakers which are terrible, but it does have a
6-Disc Changer under the boot. My advice – listen to the Tubi Exhaust sing as you pull through the gears.
Condition:
The car is a 9.5 out of 10 on the exterior. It has a complete clear bra on the front fenders, hood, nose and
mirrors. The paint is immaculate and there are no dings or noticeable scratches.
The interior is a 9 out of 10. There is some very slight leather fade on the emergency brake. The seats are
in amazing condition (see pictures).
The dash has no shrinkage and the instrument knobs are in very good shape. The car was always garaged and
never left in the sun. There are new floor mats (installed approximately 2014).
Issues:
The car has a suspension light illuminated on the dash. The rear shocks have small plastic gears on the top
that act as set points for the suspension system when you select comfort or sport mode. They are prone to fail and
they throw a light. My shop researched a fix. New shocks are $1000 each plus 2hrs labor. Rebuilt shocks are $450
each plus 2 hrs labor. I didn’t bother to fix the system as it does not impact driving quality or affect the
operation of the shocks. Your choice to fix or not – no inspection issues with suspension light.
The driver’s side window once in a while won’t operate. There is a loose wire under the dash. If you hold
the window switch and jiggle the wire harness under the dash the window moves immediately. Kind of annoying, but
since I can’t find the loose connection, I just live with having to do this once in a while.
Value:
F355 cars are climbing in value. The GTS are climbing the fastest because they the rarest, followed by the
Berlinetta. 6-Speed cars worth much more than the horrible 355 paddle cars and if you own a 355 spider you’ll be
waiting a long time for them to catch up in value. The point here is this car will not lose any value (even with
the title) and will very likely appreciate substantially in the next 3-5 years.
Don’t miss your chance to own a Ferrari for the price of a used Corvette.

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Auto blog

Max Verstappen beats Charles Leclerc to win Austrian Grand Prix

Sun, Jun 30 2019

SPIELBERG, Austria — Red Bull's Max Verstappen won the Austrian Grand Prix after beating Ferrari's Charles Leclerc in a wheel-banging battle of the 21-year-olds on Sunday, subject to a Formula One stewards' enquiry. The Dutchman's victory for the second year in a row at Spielberg also dealt champions Mercedes their first defeat of the season. Verstappen seized the lead from Leclerc, who had led from pole position, two laps from the end with the dueling pair making contact into the tight uphill turn three as the crowd roared. Race stewards investigated the contact after the race, and ultimately cleared Verstappen. He crossed the line, acclaimed by thousands of orange-shirted Dutch fans at a circuit owned by Red Bull, 2.7 seconds ahead of the Monegasque. The pair were the sport's youngest ever top two. Valtteri Bottas was third for Mercedes, who saw their streak of 10 successive wins — eight this season — come to an end. Championship-leading teammate Lewis Hamilton, winner of the previous four races, finished fifth and behind Ferrari's Sebastian Vettel. Five-times world champion Hamilton remains well in front in the standings, 31 clear of Finland's Bottas after nine of 21 races. HONDA FIRST The victory was the first for a Honda-powered car since Britain's Jenson Button won in Hungary in 2006 for the Japanese manufacturer's own team, and a welcome antidote to last weekend's dull French Grand Prix. Verstappen, now with six career wins, was also the last driver to beat Mercedes — in the Mexican Grand Prix last October. "For Honda to win again here is incredible," said the youngster, who had to fight back from eighth at the end of the first lap after getting bogged down on the front row at the start. The Red Bull came into a league of its own after the pitstops with Verstappen scything through the field one car at a time and then chasing down Leclerc. "After that start, I thought the race was over," said Verstappen. "It's hard racing, otherwise we have to stay at home. If those things are not allowed in racing, then what's the point of being in Formula One," he added when asked about the summons. The Monegasque, forced wide as Verstappen went through, said he would let the stewards decide. "On the incident for me it was pretty clear in the car," he said. "I don't know what it looked like from the outside but we'll see what the decision is.

Ford GT dominates Le Mans qualifying, gets slapped with performance adjustment

Fri, Jun 17 2016

Fifty years after Bruce McLaren and Chris Amon drove the Ford GT40 to victory at the 24 Hours of Le Mans, Ford is poised for a historic return to the Circuit de la Sarthe. The new Ford GT took the top two qualifying positions in the LMGTE Pro class, and four of the top five. Ferrari's 488 filled in the rest of the spots in the top seven, the first two from AF Corse. In other words, we're primed for a reboot of the classic Ford-Ferrari feud at this year's race. Or not, as the ACO, which organizes the 24 Hours of Le Mans, announced sweeping pre-race Balance of Performance (BOP) adjustments this morning that make this year's GT class anybody's race. In LMP1, last year's overall winner Porsche locked up the top two spots with the 919 Hybrid and will lead the entire field at race start. Toyota's two-car factory effort followed with qualifying times 1.004 and 2.170 seconds behind the pole lap. Audi rounds out the manufacturer-backed LMP1 class in fifth and sixth. Full qualifying results can be found here. The storyline for the GT cars is perfect - some say too perfect. Ford's class-leading times came after BOP adjustment to the Corvette Racing C7.R before qualifying. BOP is intended to level the playing field in the class by adjusting power, ballast, and fuel capacity. (Check out this explainer video for more, or even just if you love French accents.) But the process is riddled with unknowns and ripe for accusations of sandbagging. That is, if the Ford cars were intentionally slow in practice they could hope for BOP adjustment to improve their race chances. On the Corvette side, last year's GTE Pro winner went from the top of the field to the bottom, barely improving from practice to qualifying. If you think Le Mans is as rigged at the NBA Playoffs, well, it's not that simple. Because if Ford and Ferrari held back until qualifying - the eighth-place Porsche 911 RSR is three-and-a-half seconds off the class pole time - it was a pretty dumb strategy. This morning, the ACO tried to put things back in order by limiting the boost in the Ford GT's twin-turbo V6 and adding 11 pounds of ballast. Ferrari was also given extra weight but allowed more fuel capacity. The Corvette and Aston Martin teams were both given breaks on their air restrictors, which will allow their engines to make more power. Both Ford and Porsche also received extra fuel capacity.

Former Ferrari boss takes over FIA Single-Seater Commission

Sun, Dec 7 2014

After "stepping down" from his position as team principal at Scuderia Ferrari earlier this year, we knew that Stefano Domenicali would find ways to keep himself busy. We just didn't know with what, but now we have a bit of a clearer picture as the FIA named the longtime racing strategist the head of its Single-Seater Commission at its annual General Assembly, held this past week in Qatar. The FIA Single-Seater Commission, for those unfamiliar, is responsible for organizing and fostering the ladder of formula racing – right up to (but not including) Formula One. The presidency of the commission was previously held by Gerhard Berger, former F1 driver and Toro Rosso team principal, who was largely credited with the rebirth of the FIA Formula 3 European Championship and the founding of the FIA Formula 4 category. Before Berger the position was held by racing consultant Barry Bland, and serving alongside Domenicali as vice-president of the commission will be John Ryan of the UK's Motor Sports Association (MSA). In taking over the commission, Domenicali will be charged with further defining a clear progression for aspiring racers to graduate to increasingly more challenging forms of open-wheel racing. He recently served as well on the special Accident Panel that looked into the Jules Bianchi incident. In that regard he seems to be following a similar trajectory to his predecessor Jean Todt, who was elected president of the FIA shortly after leaving his long career at Ferrari. The FIA appointment, however, isn't the only thing Domenicali has been working on lately. He was also recently hired by Audi in an undisclosed capacity that is said to include evaluating prospects for the German automaker's potential future F1 program. FIA Annual General Assembly FRI 05.12.14 The FIA Annual General Assembly, held in Doha, Qatar, today (5 December 2014), marked the end of the annual meeting week attended by Sport and Mobility FIA Member Clubs from around the world and which culminates with the FIA Prize-Giving ceremony this evening. The FIA President, Jean Todt, along with Senate President Nick Craw and Deputy Presidents Brian Gibbons and Graham Stoker, welcomed the delegates to the meeting and, on behalf of the General Assembly, thanked hosts Nasser Khalifa Al Attiyah and the Qatar Motor and Motorcycle Federation (QMMF) for their warm hospitality and assistance.