Legacy Metrics

1954 Ferrari 500 Mondial Pinin Farina Spider (Series I)

0448 MDracingItaly

Chassis 0448 MD is a rare first-series Pinin Farina Spider built as a 500 Mondial in October 1954 and believed to have left the Ferrari factory fitted with the larger 735 engine — a 2.9-litre twin-cam unit producing approximately 225 bhp. The twelfth of only thirteen such bodies, it was delivered new to Californian racing entrant Tony Parravano and competed successfully at Willow Springs in 1955 and 1956 before passing through Mexican and American private ownership across several decades.

Ownership

  1. Auction sale
  2. Auction sale
    Sold €3,717,500 (≈ $4.09M)

    RM Sotheby's catalogue lot →

  3. 1954-10-01 → 1960Factory delivery
    Anthony 'Tony' Parravano
    partial documentation

    Based in Inglewood, California, Parravano entered the car in multiple Californian racing events. He listed it for sale in a trade publication in early 1957 but retained it for several more years before vanishing in April 1960 amid IRS difficulties.

  4. 1960 → 1972Private sale
    Javier Valesquez
    partial documentation

    Mexico City-based director and organizer of the Mexican Grand Prix, Valesquez purchased the car from Parravano in spring 1960. He removed the rollbar but left the corresponding bodywork holes unrepaired.

  5. 1972 → 1999Private sale
    Robert N. Dusek
    partial documentation

    A noted Ferrari collector from Solebury, Bucks County, Pennsylvania, Dusek acquired the car with the aluminum passenger seat cover missing and sourced a replacement through Charles Betz in California. He retained ownership for over two decades.

  6. 1999 →Private sale
    Current custodian
    partial documentation

    Acquired via a broker acting as intermediary following Dusek's sale; first public offering of the car in approximately 18 years at time of cataloguing.

Competition

  1. 1955-02-01
    Willow Springs
    Driver: Bob Drake4th overall, 1st in class
  2. 1956-03-01
    Willow Springs
    Driver: Pat O'Connor3rd place

Maintenance & restoration

No maintenance or restoration records.

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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.