Amelia Island

9 March 2013

Previous Next

Lot 176

1954 Pegaso Z-102 Series II Cabriolet by Saoutchik

  • Chassis no. 0102-153-0136
  • Engine no. 0102-017-0136

$1,250,000 - $1,750,000


165 bhp, 2,814 cc quad overhead camshaft V-8 engine with a two-barrel Weber carburetor, five-speed manual transaxle, independent front suspension with de Dion-type rear, and four-wheel drum brakes. Wheelbase: 92 in.

  • The sole Series II Saoutchik Cabriolet
  • A rare example of Spain’s modern supercar


While Pegaso was well-established and noted for its production of industrial trucks and coaches, the firm launched what would ultimately be a seven-year foray into the production of a coachbuilt, V-8-powered supercar, the likes of which Spain or the rest of the world would ever see. The chief technical manager for Pegaso was Wifredo Ricart, an experienced designer and engineer whose previous associations included the Alfa Romeo 512, and who was also a rival of Enzo Ferrari, who of course was also an alumnus of Alfa Romeo.



The Z-102 employed racing-car technology in its chassis and alloy body. All of its components were produced in-house at the Pegaso factory in Barcelona. In the tradition of the grand pre-war classics, the factory produced only rolling chassis that would then be clothed with bespoke coachwork by Touring, Serra, Saoutchik, or Enasa, which was an in-house coachbuilding arm responsible for bodying a number of the chassis in various forms. Power was produced from a four-cam, all-alloy V-8 with dry sump lubrication, which was mated to a five-speed transaxle unit.



A pair of Z-102 prototypes were built in 1951, one a coupe and one a cabriolet. These examples, which were among those bodied in-house, had steel bodies that lacked the flair sought by Pegaso and inhibited performance due to their weight. Carrozzeria Touring then stepped in and gave the cars a facelift, which involved lowering the bodies, repositioning the fog lights, replacing the grille with a two-piece cross, and revising fine details to produce an overall cleaner profile that was similar to that of the cars it intended to compete with.



The Z-102 entered production with a 2.5-liter engine, as used in the prototypes, though variants included 2.8- and 3.2-liter engines with multiple aspiration options, including a supercharged 3.2 that produced a whopping 360 horsepower. The fastest examples could reach 160 miles per hour—enough to beat even a production Ferrari at the time—and even the base model had a top speed of 120 mph.



Like many other luxury and performance machines that had come and gone before the Pegaso, production of these cars spared no expense, which in turn placed a great deal of financial strain on the firm. The later Z-103 was introduced as a simplified, less-expensive version with three different engine offerings, but it did little to improve the company’s balance sheet. Production of the Z-102 was discontinued after 1958, with approximately 84 units produced in various combinations of engine, body style, and coachbuilder.

Chassis 3-0136 is part of what is known as the Second Series by Saoutchik. The Second Series Saoutchik berlinettas and cabriolets were distinguished from each other only by the type of bumpers used. Compared to the earlier First Series, however, they displayed more balanced lines, with less emphatic curvature of the fins, and more space in the wheel arches, and the nose was also revised with a treatment that incorporated the headlights and fog lights inside a teardrop-shaped surround.



According to the marque reference authored by Carlos Mosquera and Enrique Coma-Cros, there were a total of 18 Saoutchik-bodied Pegasos built; of these, eight were Series II examples, with 3-0136 being the sole cabriolet among them. There were three other Saoutchik cabriolets built; the first, 0-0116, is considered a prototype, and two subsequent examples, 0-0132 and 3-0134, are Series Is. Of particular beauty, and also unique to this car, is the gently curved windshield, which lacks a top frame, leaving only the stylized line of the glass, producing a low, sleek appearance.



In April of 1954, this car, the last of the Z-102 Saoutchik convertibles, was displayed at the San Remo Concours d’Elegance in a striking blue, driven by Jacques Saoutchik’s son, Pierre, who had by then taken over the family business. The car was then sold into private hands, and by February 1958, its owner decided to have it converted into a berlinetta.



The car spent the majority of its subsequent life in Spain, and in the early-1990s, its owner opted to restore it to its original 1954 open configuration due to its uniqueness and special place in the history of Pegaso. The current owner, who has pined for a Pegaso since seeing one as a child in 1954, acquired this example in 2004. It has been on display at the Petersen Museum and at several concours events, but never judged. The beautiful metallic blue paint shines, as do the aluminum walls of the engine bay, which is very presentable, as are the comfortably worn blue leather seats. The owner reports that he uses the Pegaso regularly on Sunday mornings, and he also reports that it drives well, with its four-cam engine always sounding strong and ready to continue on as part of the lasting legacy of Spain’s supercar.

Please contact our exclusive automotive transportation partner, Reliable Carriers, for a shipping quote or any other information on the transport of this vehicle.

Alexander Weaver

aweaver@rmsothebys.com

+1 864 313 6844
California, United States

Alexander Weaver joined RM Sotheby’s in 2011 as a Car Specialist after graduating from Furman University in South Carolina. Born... read more

Augustin Sabatié-Garat

asabatie-garat@rmsothebys.com

+44 (0) 74 1511 4179
United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a Car Specialist after more than a decade in the collector car hobby. Gradua... read more

Barney Ruprecht

bruprecht@rmsothebys.com

+1 203 912 7168
Ontario, Canada

Barney’s interest in classic cars began at an early age after being introduced to his father’s all-original 1965 Porsche 9... read more

David Swig

dswig@rmsothebys.com

+1 415 302 2247
California, United States

David Swig joined RM Sotheby’s West Coast division as a Car Specialist in May 2015. He is a life-long automobile enthusiast and ... read more

Don Rose

drose@rmsothebys.com

+1 617 513 0388
United States

Don joined RM in 2006 after several years of professionally trading sports and classic cars, and after earning a reputation as a noted... read more

Donnie Gould

dgould@rmsothebys.com

+1 954 566 2209
Florida, United States

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

gduff@rmsothebys.com

+1 519 352 4575
Ontario, Canada

Gord Duff began his journey with RM Sotheby’s in 1998. Since then, he has gained an intimate knowledge of a variety of marques a... read more

Ian Kelleher

ikelleher@rmsothebys.com

+1 310 559 4575
California, United States

Ian Kelleher began his automotive career immediately following his graduation from Oberlin College with a Bachelor of Arts in Politica... read more

Jake Auerbach

jauerbach@rmsothebys.com

+1 310 559 4575
California, United States

Jake Auerbach got his start in the automotive industry at an early age, spending his summers during high school working at a classic c... read more

Jonathan Sierakowski

jonathan@rmsothebys.com

+1 519 352 4575
Ontario, Canada

Jonathan Sierakowski developed a passion for classic cars while working at a Connecticut restoration shop as a teenager. He graduated with a... read more

Kurt Forry

kforry@rmsothebys.com

+1 717 623 1638
California, United States

Having worked for Bonhams’ Automobilia department for over 10 years, Kurt Forry joined RM Sotheby’s with more than a decad... read more

Matt Malamut

mmalamut@rmsothebys.com

+1 805 231 6410
California, United States

A long-time car enthusiast and Southern California native, Matt studied Automotive Technology at San Diego Miramar College and complet... read more

Michael Squire

msquire@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

... read more

Mike Fairbairn

mfairbairn@rmsothebys.com

+1 519 352 4575
Ontario, Canada

As one of the three founding partners of RM Sotheby’s, Mike has a long-standing interest in the classic car industry. Graduating... read more

Oliver Camelin

ocamelin@rmsothebys.com

+44 (0) 75 0110 7447
United Kingdom

With an extensive background in exotic sports car history and sales, a particular passion for American curves, and fluency in three la... read more

Paul Darvill

pdarvill@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Paul Darvill joined the RM Sotheby’s European team at the beginning of 2015. Paul holds a degree in French and Politics from the... read more

Pete Fisher

pfisher@rmsothebys.com

+1 519 784 9300
Ontario, Canada

Pete Fisher was first introduced to antique cars in high school, working for Classic Coachworks in his hometown of Blenheim, Ontario. He att... read more

Peter Wallman

pwallman@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Peter Wallman joined RM Europe in 2007 following nearly two decades in the international advertising industry, where he was based out ... read more

Shelby Myers

smyers@rmsothebys.com

+1 310 559 4575
California, United States

Shelby Myers grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to watch the R... read more

Tonnie Van der Velden

tvandervelden@rmsothebys.com

+31 653 84 19 60
United Kingdom

Tonnie Van der Velden joined RM Sotheby’s European division in September 2015 as a Car Specialist. A lifelong enthusiast, Tonnie... read more