Legacy Metrics

1970 Ferrari 365 GT 2+2

12989roadItaly
Engine
4.4L V12 with three Weber carburetors, 320 hp
Colour
'Rosso Corsa' (red)

The Ferrari 365 GT 2+2 (chassis 12989) is a Canadian-market example completed in March 1970, originally finished in Grigio Mahmoud over Nero leather and delivered new to Montreal importer George Woolley. One of just 809 built between 1968 and 1971, it features Ferrari's first standard power steering, self-levelling rear suspension, and a 4.4-litre V-12 rated at 320 horsepower. The car was subsequently owned by Ontario collector Hugh Welsford before passing through California to its present custodian.

Ownership

  1. Auction sale
  2. 1970 →Factory delivery
    George Woolley
    partial documentation

    Canadian-market importer based in Montreal, Quebec who took delivery of the car new. The exterior was later repainted from the original grey to red, likely during his long ownership.

  3. 2005 →Private sale
    Hugh Welsford
    partial documentation

    Collector based in Mississauga, Ontario, known for Italian performance cars; believed to have purchased directly from the first owner.

  4. Date unknownAcquisition unknown
    Southern California-based owner
    partial documentation

    Car relocated to Southern California under this custodian before passing to the consignor.

  5. Date unknownAcquisition unknown
    Consignor
    partial documentation

    Current vendor commissioned extensive mechanical servicing and cosmetic work in early 2018.

Competition

No competition history extracted from the catalogue.

Maintenance & restoration

  1. 2018
    Mechanical

    Comprehensive servicing carried out in early 2018 encompassing four new Michelin XWX tyres, full fluid change, replacement battery, radiator rebuild and re-core, new alternator, spark plugs, ignition consumables, clutch kit, rear seal, filters, and fitment of a period-correct ANSA exhaust system.

  2. 2018
    Maintenance

    More than 20 hours of cosmetic detailing work carried out to improve the car's overall presentation.

  3. Bodywork

    Exterior repainted from original Grigio Mahmoud to Rosso Corsa at an unknown point during the original owner's tenure.

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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.