Amelia Island

14 March 2015

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Lot 196

1971 Ferrari 365 GTB/4 Daytona Berlinetta by Scaglietti

  • Chassis no. 14385
  • Body no. 548

Sold for $770,000


352 bhp, 4,390 cc DOHC V-12 engine with six Weber carburetors, five-speed manual transmission, independent front and rear suspension with unequal length wishbones and coil springs over telescopic shock absorbers with anti-roll bars, and four-wheel disc brakes. Wheelbase: 94.48 in.

  • “The Condo-Find Daytona”
  • Offered on behalf of the original owner
  • A European-specification car, picked up at the factory in 1971
  • Complete tool set, manuals, and incredible documentation


Every big city has its legends, and among the car guys who gather at bars after work and in suburban garages, those legends spread like wildfire. The single-owner Corvette still in the widow’s carport. The Duesenberg still in the original family’s carriage house. Most of those are, of course, just fun rumors.

On the other hand, urban legends are sometimes true.

The story told here belongs to one such legend, which has become known as the “Condo-Find Daytona” or, due to the eight-track tape of disco rock still stuck in its K-Tec player, “the Disco Daytona.” For the last 25 years, it has been hidden in plain sight, tucked away in the corner of a parking garage in downtown Toronto, where it has been up on blocks and under a cover, with -35 antifreeze in its radiator. It is offered here directly by its first and only owner, Patrick Sinn of Toronto, and as is often the case with someone who has owned a car since new—for 44 years in this case—he tells the incredible story best.

The year was 1971. I had just finished skiing in Chamonix, France, and I went to Geneva to catch a flight home. I was waiting in the airport for the flight to take off, and it was delayed, so I had the whole day to stand in the airport doing nothing. I heard about this Geneva International Motor Show, so I said, “Why don’t I just go there and check out the new models?”

When I got there, Ferrari had a display of two Daytonas and a 246 Dino. That was the first time I set my eyes on the Daytona, and I fell in love with it. I sat in the car, walked around it a million times, and said to myself, “I want to buy one.” So I talked to the salesman at the motor show and asked him, “How can I buy the Daytona?” He said, “Well, you can go to any Ferrari dealership and place an order.” I said, “Well, since I’m in Europe, I’m not going to wait. I’m going to go to the factory and just order a car—that’s the quickest way—and that way I can pick the color, options, and what have you.”

So, instead of flying home from Geneva to Toronto, I canceled my flight and bought a ticket to Milan. When I got off at the Milan airport, I rented a car and drove it all the way to Modena, where the Ferrari office is. I went into the office and told the gentleman inside that I wanted to buy a Daytona.

He introduced me to a Mr. Boni, who was the sales manager, and he showed me the list price, options, choice of color, and upholstery. I signed a contract with them to buy a Daytona and picked Bordeaux Red with a metallic base, because I liked that color, and I also picked the two-color upholstery that I like. They told me I had to come back in the summer, when the car was ready. I told them, “I want to come here, take the car out of the factory, and drive it in Europe for a while before shipping it back.” They said, “Fine. We will fit you with an EE license plate so you can drive it anywhere in Europe.”

Approximately $18,000 US later, plus a little bit more money for spare parts, because I wanted some spares for tune-ups and brake work, I left Ferrari with a deposit.

In July of 1971, they told me that the car was ready, so I flew over to Milan and got down to the factory and took possession of the new Daytona.

When I first drove from the factory to Geneva, almost all the way on the autostrada, I stayed at the InterContinental Hotel in Geneva. While relaxing by the poolside, I was showered with admiration from strangers from all over Europe, wanting to talk with me about the shiny Daytona. It appeared to me that Europeans, in general, knew more about Ferraris than North Americans. I quickly made new friends around the pool. They liked to get a ride in my car, and in return, they showed me around town, took me to restaurants and discotheques, and we all had a good time enjoying our new friendship. After that, I drove on the autobahn to Zurich and received a wonderful reception at the Dolder Grand Hotel.

After Europe, and about a month of driving, I left the car at the factory for them to do the first oil change and check out the engine before they shipped it over to North America. I drove it south to Marseilles, where I was catching the QE 2, sailing from Marseilles to New York. They let me put the car on the ship and store it below-deck, so that when I got off in New York, I could drive it home to Toronto. Every couple of days, I would go below-deck and look at the Ferrari, just to make sure there was no seawater damage!

Of course, they told me at the border that I could not import this car into Canada, because it did not meet all the safety and pollution requirements of a foreign import. I tried to convince them that it was a one-off and not really causing any environmental damage, and after haggling with them for a while, they just let me go, although I had to put up some kind of bond to clear customs. I guess in those days, 1971, there weren’t too many foreign imports, and certainly not enough for them to worry about.

In 1989, my dad passed away, and I had to rush to Hong Kong to take over his shipping business with my two brothers. Because I had to leave in a hurry, I just put the car up on blocks, covered it, and left, thinking, “I’ll be back in a few months.” But things didn’t work out that way, because after the funeral, there were a lot of estate matters to be resolved, so I ended up staying in Hong Kong for the next six years. I finally got back to Toronto, where I was very involved in real estate and very busy. As I already had a Mercedes-Benz 280 SL and a Ford to drive, I didn’t need to drive the Ferrari.

After a while, while looking at the car sitting in my garage, where they wash down the floors four times a year, I noticed that it was beginning to lose its shine. I had two choices: I could spend big money to restore it, or I could sell my beloved toy and let somebody else enjoy it. I opted for the latter, realizing at 77 years old that I would not be enjoying the car as much as I used to, because I had other priorities in life. So why not let another Ferrari aficionado enjoy it?

I have never been to a car auction in my life, but I found RM online and saw that they are the biggest auction house worldwide for antique Ferraris. So I started following their auctions closely and eventually said to myself, “Well, let me give them a call and see what happens…”

The car has been returned to running condition but will require additional mechanical reconditioning before extensive road use. Please contact an RM Sotheby's specialist for further information.

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