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1968 Dino 206GT

Redbook Classiche - 1 Of Only 151 206's Produced - Rosso/Nero - 2.0L V6

Vehicle Specifications
Stock No:
Engine No:
Exterior Color:
Interior Color:
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DINO 206 G.T. ★00198★:

Year 1968
Make Ferrari
Model Dino 206 GT
Chassis No DINO 206 G.T. ★00198★
Body No 47
Engine No 135B 000 0004581
Engine Internal No N52
Gearbox No N51
Production Sequence No 98 (98 out of 151)
Exterior Color Rosso Dino 20-R-350 Salachi
Interior Color Nero 161 - Panno Arancio
Completed November 1st, 1968
Delivered November 9th, 1968
Ordering Dealer M. G. Crepaldi Automobili S.A.S., Milano, Italia
Original Owner Sig. Franco Caimi, Milano, Italia
Mileage 68,257 Kilomeers
Registration “68 DINO"

Full Ownership History:
1968 Ferrari S.E.F.A.C. Maranello, italia
1968 M. G. Crepaldi Automobili S.A.S. Milano, Italia
1968-1977 Sig. Franco Caimi Milano, Italia
1977-1987 Arthur Oswald Los Angeles, California
1987-2013 Isao Kobayashi Osaka, Japan
2012-2013 Symbolic International San Diego, California
2013-2019 Chicago, Illinois/San Diego, CA

Private Individual Ownership History:
1968-1977 Sig. Franco Caimi Milano, Italia
1977-1987 Arthur Oswald Los Angeles, California
1987-2013 Isao Kobayashi Osaka, Japan
2013-2019 Chicago, Illinois/San Diego, CA

206GT Background:
Enzo Ferrari had lofty ambitions for his company towards the end of the 1960s. He and his people were perpetually busy racing in Formula One, Formula Two and fielding Sports Racing Prototypes and GT cars in the 2.0, 3.0, 3.3 and 4.3-liter classes. He was building both road and race cars for clients as well as a variety of show cars and prototypes. He had only one problem, no money. He had made attempts earlier in the decade to sell his company but he was very much set in his ways and nothing came of it. Enzo beloved his finance problems could be saved by a new, less expensive vehicle. He felt a smaller displacement Sports Car that could be built economically might be able to tap into the market that Porsche's new 911 was dominating. His idea would be for a 2.0-liter, mid-engined V6 and he decided they should be sold under the separate identity “Dino” which had been the moniker in honor of his late son for all of the small-engined, non-V12 racers and GP cars built after 1957.

Enzo Ferrari's engineers and designers even had a prototype of the new car already built. It had initially been a one-off show car but it had the basic layout and shape of the car Ferrari wanted his new Dino to be. Rather than developing the one-off show car into a more practical production car, Enzo rushed into full production in late 1967, early 1968. The new Dino was far from the cost-cutting plan Enzo had envisioned. The body was an exotic, all aluminum fanciful creation of multiple complex-curves, low and sexy like nothing anyone had ever seen before. It also featured a long-list of speciality parts and components hardly suitable for a production automobile. The engine block and head were built in all alloy and it was essentially a detuned version of that found in the racing 206SP and Formula Two racers of the previous season. It was an engineering marvel and while the red-line was listed at 7,800rpm, it would easily scream far past that. The exterior of the car had both an external trunk latch and an external, locking gas cap. Wheels were light alloy with three-eared knock-off attachments. The interior would have been perfect for a one-off show car but hardly practical for a production sports car. The steering wheel was wood, the seats had no headrests and instead the headrests were built directly into the rear bulkhead. The glove-box door was massively oversized and featured a large and smaller compartment and an additional “map or glove” box “cubby hole” was mounted under the dash. The passenger side featured both a movable foot-bar and a rocker mounted grab-handle. The gearshift knob was also a work of art on its own and the exotic nature of the car hardly stopped there. Front windscreen wiper arms were the complicated “clapper” type rather than being parked on one side or the other. They were also made by Magneti Marelli which certainly did not help in any way save build expenses.

Enzo initially planned on building 500 of the new Dinos and he ordered up sub assemblies and parts to complete that number. It did not take long to realize that the new Dino while selling for far less than any other Ferrari offered at the time, cost just as much if not more than the base 330 GTC and 365 GTC 2+2 then being built. Not long after production got under way, Enzo was forced to deal with a take-over by FIAT or face insolvency. The bean-counters at FIAT were in a state of complete shock after looking at the cost and sales figures for the new Dino. While the public and new owners loved it, the cars were costing Ferrari twice what they were able to sell them for. FIAT planned to kill-off the money loosing Dino on the spot but quickly realized they already had on hand components and subcomponents to build 500 individual units. A quickly revised new and less expensive version of the Dino was drawn up that would use a new FIAT built iron block and the body would be made in steel with alloy-opening panels. Wheels would still be the knock-off type but only until the 500 sets were used up. The interim “L-Model” as it was internally known would lead onto the much more profitable “M” and “E” versions which were finally the financial success Enzo had been looking for.

In the end, just over 150 206 GT models were completed before FIAT ended production to switch over to the new 246 GT. Not long after production of the 206 GT came to an end, enthusiasts realized just how special the 206 GT actually was. It was in fact the last hand assembled, all alloy-bodied sports car ever built by Ferrari and the all-alloy, rev happy 2.0-liter engine far more fun and exciting than the iron-block 2.4-liter engine that replaced it. Just as the 206 GT started to become last year's model, over in Japan a very popular “Manga” comic book series featured a character who owned and drove a 206 GT in every episode. It was by far the best bit of unintentional advertising Ferrari ever got… too bad it came about after the car was no longer being built. It did however leave a lasting impression and starting in the mid-1970s and util the end of the decade close to half of the 206GT models built ended up in various collections and private museums in Japan. Even today, they still maintain a cult following there but even more so in other parts of the word. Ferrari's 206 GT has been at the top of the list of most Ferrari collectors for the past 35 years. The only problem of course is that far too few survive. Of the 150 plus examples built, only a little more than one-half are known to still exist as complete running and driving vehicles.

Sequentially, this is the 98th of 151 production Dino 206GT models. It was the 2nd to last (98th of the 99) example built in model year 1968. It was ordered new by the famous Milan based authorized Ferrari Agent, M. G. Crepaldi Automobili S.A.S. which was located at Via Fioravanti, 17, Milano, Italia. The order specified a standard Italian Market model finished in the catalog colors of "Rosso Dino 20-R-350 Salchi" with a contrasting "Nero 161 - Panno Arancio” This simply translates to Dino Red with a black vinyl interior with redish-orange cloth inserts on the seats. The car had no additional options or features.

This Dino was completed on Friday, November 1st, 1968 and delivered a week later on Saturday, November 9th. It was sold the same day or was more likely ordered by Crepaldi for their client, Sig. Franco Caimi a fellow resident of Milan who lived at Via Lomellina, 26, Milano, Italia, a residential neighborhood just a few kilometers from Crepaldi's Ferrari Agency.

The car's original records and documents confirm that Sig. Caimi serviced the car in Milan at Luigi del Carlo's Officina Grand Prix shortly after he purchased it on November 27th, 1968 and again on May 7th, 1969. Little else is know other than his sale of the car in 1977 to Los Angles Ferrari enthusiast, Arthur Oswald. Oswald imported the car from Milan and kept it for ten years, selling it in 1987 to the Japanese Ferrari Broker, Nariyuki Hayashi. Hayashi exported the car from the States and imported it to Japan where it was sold to Ferrari collector, Isao Kabayashi. Kobayashi registered the car on Osaka plates “79-96.” At the time of his purchased, this Dino had covered 42,400 kilometers. The car would remain with Kobayashi for the next 26 years and cover an additional 25,000 kilometers until December of 2012 when he agreed to sell the car to our company. The car had been off the road for several years and had been partially disassembled for a repaint in the original color. The bumpers were not re-installed and while showing no signs of any previous accidents or corrosion, it was purchased with the intent of being given a full and complete restoration.

This Dino was formally imported by our company in January of 2013. On arrival, it was completely inspected and verified as never having been damaged or altered in anyway. The interior was completely original and the engine and gearbox examined and confirmed as matching numbers. It was then immediately sold to its last owner (in early 2013) of Chicago, Illinois. He spared no time and the car was soon thereafter entrusted to a very well respected North County San Diego Ferrari expert for a complete and total restoration without consideration for time or expense.

Over the next two years, the car was completely and meticulously disassembled for full restoration. The engine, transaxle, suspension, electrical system, exterior and interior were completely and thoroughly restored to as new. The car easily scored platinum awards and other class awards at both the FCA National Meet and at the Cavallino Classics. It also easily earned a full Ferrari “Red Book” Classiche certification.

★00198★ Today:
This Dino has covered just 992 kilometers since a complete and total restoration down to the very last nut and bolt. It is complete with the original books, manuals, wallet and ultra-rare original warranty card. It has complete tools and jack kit as well as additional spares and associated items. Full history and detailed records going back to new further complement this vehicle and set it far apart those that normally come up for sale.

This incredibly rare Ferrari Dino 206 GT can be seen, inspected and test-driven by visiting our main showroom and shop complex in San Diego, California. I look forward to assisting interested parties with a potential purchase as well as follow-on worldwide delivery.