The Ferrari 250 GT SWB California Spyder is one of the most desirable of all classic cars, and the 106 originals can change hands for upwards of $16 million. Twice that if you’re talking one of the rare alloy-bodied cars. Heck, even the fake Spyder built for Ferris Bueller’s Day Off sold for almost $400k in 2020.
That means even most wealthy car enthusiasts can’t afford one, and some of those who can are so mindful of the value they can’t enjoy really driving their cars as much as they’d like.
Enter the UK’s GTO Engineering, a company that’s already well known for its 250 GT SWB Revival and 250 Testa Rossa Revival. For £750-850,000 ($1.04-1.18m) depending on the donor vehicle and final spec, GTO engineering will build you an SWB Spyder Revival that looks almost indistinguishable from an original 1960 covered-headlight car.
Fittingly, it’s being launched today at the Goodwood Revival, the circuit-based even for pre-1966 cars that’s the retro counterpart to the Goodwood Festival of Speed.
Related: GTO Engineering Launches Ferrari 250 GT SWB Berlinetta Competizione ‘Revival’
The donor car must be a Ferrari to enable the new car to legally carry a Ferrari identity, and GTO says it won’t chop up anything that could be restored and preserved. Something like a sub-$150k fire-damaged or crashed 330 would be an ideal candidate.
The build process involves a massive 1500 hours of labor to craft a hand-formed aluminum body and strengthen the chassis to make it usefully stiffer than an original. From there, buyers get the choice of retaining a standard 3.0-liter V12, or upgrading to 3.5- or 4.0-liter versions, and can select four-speed manual or five-speed manual transmissions.
Curious about who buys a car like this? GTO Engineering told Carscoops the buyers are an intriguingly diverse bunch. Some simply can’t afford the real thing, while others have an original tucked away, but want one that looks and drives just like it but they can feel more relaxed about driving (as if driving a $1m car could ever be relaxing).
And some actually owned an original Spyder in the past but sold before prices really went crazy, and now can’t afford to scratch that itch again. That must hurt, but hopefully getting behind the wheel of a Spyder Revival will help ease the pain.