Legacy Metrics

1972 Ferrari 365 GTB/4 Daytona Spider

16223roadItaly
Engine
4.4L DOHC V12 with six Weber carburetors, 352 bhp
Colour
Red over black leather interior (originally light red over white leather with blue accents)

The 66th of 121 factory-built Ferrari 365 GTB/4 Daytona Spiders, chassis 16223 was delivered to its first owner in Virginia via Pennsylvania dealer Algar Enterprises in 1973, specified in a distinctive red-over-white with blue interior scheme. The car gained wider recognition through ownership by Chicago restaurateur Jean Banchet before passing through several California owners who commissioned extensive mechanical and cosmetic work. It has accumulated concours honours including Ferrari Club of America Gold and Platinum awards, and was selected to mark the Pininfarina-Ferrari 50th anniversary at Concorso Italiano in 2001.

Ownership

  1. Auction sale
  2. 1973 →Factory delivery
    James Lewis Meador
    full documentation

    Roanoke, Virginia resident who ordered the car through Algar Enterprises in September 1972, specifying factory delivery and a distinctive red, white, and blue interior scheme. Actual delivery occurred mid-1973 rather than the originally planned late 1972, and the radio fitted differed from the one ordered.

  3. → 1975Acquisition unknown
    Joe Marchetti
    partial documentation

    Served as an intermediate owner before the car passed to Richard Katz; no further detail provided on tenure.

  4. 1975 → 1976Private sale
    Richard Katz
    partial documentation

    Coconut Grove, Florida resident who held the car for approximately one year before selling it on.

  5. 1976 →Private sale
    Alan R. Patterson
    partial documentation

    Pittsburgh, Pennsylvania collector who simultaneously owned Ferrari 250 LM chassis 6025, the unique Pininfarina-bodied example exhibited at the 1965 Geneva show.

  6. → 1988Acquisition unknown
    Jean Banchet
    partial documentation

    Proprietor of a well-regarded Chicago French restaurant; considered the car's most publicly recognized prior custodian. Held the car until 1988.

  7. 1988 → 1992Private sale
    Stuart Hayim
    partial documentation

    Los Angeles, California owner who commissioned an extensive restoration costing approximately $75,000, covering a full repaint in red, a new black leather interior by Tony Nancy, and an engine service by Modena Sports Cars.

  8. 1992 → 2000-07-01Private sale
    Dennis Farey
    partial documentation

    Exhibited the car at two concours events and had it featured in automotive and lifestyle publications during his ownership.

  9. 2000-07-01 → 2011Private sale
    Bill Kling
    partial documentation

    Malibu, California resident who acquired the car with roughly 27,375 miles showing and had GT Motors carry out a thorough mechanical overhaul. Preferred to drive the car to concours events rather than transport it on a trailer.

  10. 2011 →Acquisition unknown
    Current custodian
    partial documentation

    Has maintained the car in proper condition; most recent service was carried out by Ferrari of Central Florida in December 2014, covering fluids and brakes.

Competition

  1. 2001-08-01
    Concorso Italiano

    Selected to mark five decades of partnership between Pininfarina and Ferrari; owner drove the car from Los Angeles to Monterey rather than trailering it.

  2. 2002Ferrari Club of America
    FCA National Concours, Los Angeles
    Platinum award

    First of two FCA Nationals Platinum awards earned under Bill Kling's ownership.

  3. 2004Ferrari Club of America
    FCA National Concours
    Platinum award

    Second Platinum award in FCA judging, again during Kling's tenure.

  4. Ferrari Club of America
    FCA International Concours d'Elegance, Monterey
    Gold award

    The event was the 30th annual FCA International Concours, held in Monterey during Dennis Farey's ownership.

  5. Palo Alto Concours d'Elegance

    Shown while in Farey's ownership; no result specified.

Maintenance & restoration

  1. 1988Bodywork
    Mike McCluskey

    Exterior bodywork was stripped back and refinished in red by Mike McCluskey as part of a broader restoration programme.

    Part of a restoration totalling approximately $75,000, commissioned by Stuart Hayim.

  2. 1988Restoration
    Tony Nancy

    Interior was completely refurbished in black leather by renowned trimmer Tony Nancy, with the whole car subsequently fully detailed by Bill Lazelere.

    Carried out concurrently with the repaint and engine service; detailed by Bill Lazelere.

  3. 1988Engine rebuild
    Modena Sports Cars

    Engine was removed and thoroughly serviced by a Modena-based specialist.

    Performed by Bruno Borri of Modena Sports Cars as part of the same $75,000 restoration.

  4. 2000Mechanical
    GT Motors

    Comprehensive mechanical overhaul covering the half-shafts, drive box, steering box, and transmission, with new synchros fitted throughout; the engine received fresh gaskets and a valve reconditioning, and the suspension was rebuilt with replacement and refinished components.

    Commissioned by Bill Kling shortly after acquiring the car in July 2000; workshop located in Glendale, California.

  5. 2014Service
    Ferrari of Central Florida

    Routine servicing encompassing replacement of engine oil, gearbox oil, and coolant, plus brake-system bleeding; car passed inspection with no issues noted.

    Most recent service recorded at the time of cataloguing.

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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.

Legacy Metrics — 1972 Ferrari 365 GTB/4 Daytona Spider