Legacy Metrics

1956 Ferrari 250 Europa GT

0427 GTroadItaly
Engine
2.95L SOHC all-alloy V12, triple Weber carburetors, ~220 bhp at 6,600 rpm
Colour
White (restored); originally metallic grey with green roof

Chassis 0427 GT is the final Ferrari 250 Europa GT produced, bodied by Pinin Farina and delivered new to Jacques Swaters' Garage Francorchamps in early 1956 after being exhibited at the Brussels Motor Show. It features the most advanced GT-specification upgrades, including independent coil-spring front suspension, and retains its matching-numbers Colombo V12. Raced at Spa Francorchamps in 1957, the car later received a documented restoration in the United States and carries Ferrari Classiche certification confirming original chassis, engine, and bodywork. A 2022 Mille Miglia Storica participant and Registro Mille Miglia entrant, it is supported by a Marcel Massini history report and original factory documentation.

Ownership

  1. 2025-08-15Auction sale
    Sold US$1,370,000

    Bonhams catalogue lot →

  2. 1956 → 1957Factory delivery
    Garage Francorchamps (Jacques Swaters)
    full documentation

    Swaters was the official Belgian Ferrari importer and racing team operator; the car was delivered to his dealership and exhibited at the Brussels Motor Show before being sold on. Factory invoice, delivery paperwork, and Certificate of Origin are on file.

  3. 1957 →Private sale
    W. Nilens
    partial documentation

    Fellow Belgian who bought the car from Swaters and campaigned it at Spa Francorchamps; period photographs of the car on track and in the paddock survive.

  4. → 1966Acquisition unknown
    Garage Francorchamps (Jacques Swaters)
    partial documentation

    The car returned to Swaters's custody in Belgium following Nilens's ownership and remained there until Swaters exported it to the United States in 1966.

  5. 1966 →Private sale
    Jude Holcombe and Richard F. Merritt
    partial documentation

    Joint owners based in Bethesda, Maryland, who acquired the car after it was exported from Belgium.

  6. 1998 →Acquisition unknown
    Oldtimer Garage (Albrecht G. Guggisberg)
    partial documentation

    Swiss dealer based in Toffen who offered the car for sale in 1998 after it had been brought back to Europe.

  7. Date unknownAcquisition unknown
    Unidentified US collector
    none documentation

    An unnamed American owner who held the car before it was returned to Europe in the 1990s.

  8. Date unknownAcquisition unknown
    Bruce Milner
    partial documentation

    Noted Los Angeles–based collector of significant European sports cars who owned the car in the early 2000s after it returned to the United States.

  9. Date unknownAcquisition unknown
    Tom Shaughnessy
    partial documentation

    Ferrari broker through whose hands the car passed between Milner and the next collector owner.

  10. Date unknownPrivate sale
    Scott Kreins
    partial documentation

    Saratoga, California–based collector who commissioned the cosmetic restoration by Brian Hoyt and the engine rebuild by Patrick Ottis, as well as interior re-trimming by Ken Nemanic.

  11. Date unknownAcquisition unknown
    East Coast–based collector
    none documentation

    Unnamed American owner on the East Coast who held the car after the restoration was completed and after it had been shown at various concours events.

  12. Date unknownAcquisition unknown
    Swiss collector
    partial documentation

    Most recent prior owner; kept the car in excellent condition and used it on classic driving events including the California Mille; had the gearbox rebuilt during this period.

Competition

  1. 1956
    1956 Brussels Motor Show
    Exhibited

    The car was displayed as a new model at the Brussels show while held by Garage Francorchamps.

  2. 1957-05-12
    Grand Prix de Spa
    Driver: W. Nilens

    Car ran under race number 30; period photographs show it on circuit and in the paddock; original Belgian plates were fitted, suggesting the car was driven to and from the venue.

  3. 2022Mille Miglia Storica
    2022 Mille Miglia Storica

    Car participated in the modern historic revival event and is recorded in the Registro Mille Miglia.

  4. Quail Motorsports Gathering

    Car was displayed at this concours event following completion of its restoration under Scott Kreins.

  5. Cavallino Classic

    Shown at the Palm Beach Ferrari concours event in the period after the restoration was finished.

Maintenance & restoration

  1. Bodywork
    Perfect Reflections (Brian Hoyt)

    Full cosmetic restoration to bare metal, revealing white as the original base colour beneath subsequent layers; exterior refinished in white to match the uncovered original finish.

    Work commissioned by Scott Kreins; Hoyt was recognised as an award-winning painter.

  2. Engine rebuild
    Patrick Ottis

    The original matching-numbers Colombo V12 engine was overhauled by a Ferrari specialist concurrent with the cosmetic restoration.

    Engine retains its original internal number 367 and is certified matching-numbers by Ferrari Classiche.

  3. Maintenance
    Vintage Automotive Upholstery (Ken Nemanic)

    Interior retrimmed using the surviving original upholstery as a reference for authentic colour, pattern, and detailing.

    Work carried out as part of the same restoration campaign.

  4. Mechanical

    Gearbox replaced with a period-correct unit and subsequently rebuilt; the substitution is documented and certified by Ferrari Classiche as compliant.

    Rebuild carried out under the most recent ownership; Ferrari Classiche red book confirms the replacement unit meets original specification.

Are you the owner of this car?

This car's public record is built from its auction and competition history. Register your ownership and privately add your own records to make it a verified Legacy Metrics passport — provenance that backs your car's value at sale and gives your insurer evidence to price against. Roy reviews and verifies every registration personally.

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.