Legacy Metrics

1958 BMW 507 Series II

70140roadGermany
Engine
3.2L V8, 150 bhp
Colour
Anthracite grey metallic ('Grigio Anthrazit Metallic')

Chassis 70140 is a 1958 BMW 507 Series II roadster finished in Graphit, delivered new through the Italian BMW concession in Rome. Owned for more than five decades by Italian enthusiast Giannantonio Panigoni, it retains its original engine and chassis, features a period Becker Brescia radio and an aluminium hardtop, and carries documentation including correspondence with BMW and a letter from the restorer Giancarlo Cappa. The car has participated in multiple rallies and public events during Panigoni's long stewardship.

Ownership

  1. Auction sale
    Sold €2,030,000 (≈ $2.23M)

    RM Sotheby's catalogue lot →

  2. 1958-06-04 → 1959-06-16Factory delivery
    Alessandro Paolini, Casa dell'Automobili, Rome
    full documentation

    Italian BMW dealer who took initial delivery of the car; served as the first recipient in the ownership chain.

  3. 1959-06-16 → 1965Private sale
    Professor Luigi Beltrametti
    full documentation

    Active early user of the car; service records confirm approximately 5,000 km covered by April 1960. Owned for roughly six years before passing it on.

  4. 1965 → 1967Private sale
    Giannantonio Panigoni
    partial documentation

    First stint of ownership before briefly transferring the car to a close friend. Period correspondence with BMW documents his hands-on approach, including a brake upgrade and requests for mechanical components.

  5. 1967 → 1971Private sale
    Franco Ziliani
    partial documentation

    Close associate of Panigoni who held nominal ownership for a short period; contemporary correspondence implies the car remained in Panigoni's practical care throughout this interval.

  6. 1971 →Private sale
    Giannantonio Panigoni
    full documentation

    Long-term custodian for over half a century; commissioned a professional repaint in Grigio Anthrazit Metallic and converted the car to front disc brakes. Regularly exhibited and participated in events with the car.

Competition

  1. 2005-09-01
    50th Anniversary BMW 507 Tour
    Driver: Giannantonio Panigoni

    Commemorative rally outing marking half a century of the 507 model, attended while the car was in long-term Italian ownership.

  2. 2016
    BMW Centenary Festival, Munich
    Driver: Giannantonio Panigoni

    Participation in the marque's 100th anniversary celebration event held in Munich.

Maintenance & restoration

  1. Modification

    Braking system converted from drums to disc brakes at the front axle, as detailed by Panigoni in correspondence with BMW.

    Panigoni also requested a longer-ratio rear axle and workshop manual from BMW during the same period, though those requests were not fulfilled.

  2. Bodywork
    Giancarlo Cappa

    Full repaint of bodywork and dashboard in Grigio Anthrazit Metallic, carried out by restorer Giancarlo Cappa.

    Cappa confirmed the work in a personal letter, expressing particular enthusiasm for the 507 as his motivation for accepting the commission.

Are you the owner of this car?

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Each chassis record is compiled from public auction archives and links to its source material. Ownership, competition and maintenance entries are extracted from those catalogue listings by an LLM, which can make mistakes — please contact us with any corrections. The summary is Legacy Metrics’ own writing; we do not reproduce catalogue text.

“Full” and “partial” documentation labels indicate how well each entry is corroborated in the underlying sources, not an audit of the car’s physical paperwork. Names of recent or living owners are withheld for privacy.