This 1963 Ferrari 250 GTE is one of 954 Pininfarina-bodied 2+2 coupes built during three years of production, and is one of approximately 300 Series III examples manufactured during the model’s final year. Chassis 4223 is noted to have remained under the care of one owner from 1975 through 2025, when it was purchased by the current owner following a period of long-term storage in California. The non-running project retains a 3.0-liter Colombo V12, which remains mated to a four-speed manual gearbox with electric overdrive. It rolls on Borrani knock-off wire wheels and is further equipped with three Weber carburetors, four-wheel disc brakes, independent front suspension, exterior trim components, and Veglia instrumentation. This non-running Series III 250 GTE project is now offered on dealer consignment with a number of removed parts and a California title listing the car as a 1964 model.
Introduced at the 1960 Paris Motor Show, the 250 GTE was the first Ferrari model designed with standard rear seating. It carried over a modified version of the 2,600mm-wheelbase 508 chassis used in previous 250 variants, with the engine moved forward to accommodate rear seats. Changes to the Pininfarina styling introduced for third-series cars include thicker chrome headlight bezels, driving lights mounted outward of the grille, revised rear fender profiles, and single-piece taillights.
Bodywork combines steel construction with aluminum hood and trunk panels, and this example is finished in red paint that shows wear throughout. The window glass and chrome surrounds have been retained along with headlight housings, side marker lamps, taillights, and a rear bumper. The removed front bumper, headlight bezels, and fender vent grilles are included in the sale. The selling dealer notes rust along the rocker panels and rear wheel wells.
The Borrani knock-off wire wheels and four-wheel disc brakes remain in place along with the suspension, which incorporates a double-wishbone front setup, a leaf-sprung solid rear axle, and coil springs all around.
The stripped cockpit houses a body-color metal dashboard, shifter and parking brake assemblies, a wood-rimmed steering wheel, and Veglia instrumentation, the last of which includes a 300-km/h speedometer, an 8k-rpm tachometer, a clock, and auxiliary gauges. The five-digit odometer shows 55k kilometers (~34k miles), and total mileage is unknown. The removed front bucket seats and door panels will accompany the car.
The 3.0-liter Colombo Tipo 128E V12 featured spark plugs mounted on the outside of each cylinder head, along with individual intake ports and coil valve springs. Revisions to the cylinder head and valvetrain designs for Series III cars increased the compression ratio to 9.2:1. The engine in this example is reported by the selling dealer to turn, and it retains triple Weber 36 DCS carburetors, an air box, dual distributors and spin-on oil filters, black Ferrari valve covers, exhaust manifolds, and a Magneti Marelli alternator.
Number 4223 is shown stamped on the engine block above and matches the chassis number, which is shown in the gallery on the chassis plate and frame. Gearbox number 58/63 is also displayed in the gallery, as is differential number 56/63.
The car retains an all-synchromesh four-speed manual transmission with Laycock de Normanville overdrive.