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Entering production on Tuesday 10th July 2001, the car was completed nine days later, the same day as the Certificate of Conformity-an essential piece of paper should the car be exported- was issued. Transported to Ferrari UK and in turn to Maranello Sales where it was taken into stock, -one of the very last 550’s imported-and put on display in Maranello Sales, Egham showroom.
finished in “out of range paint colour” (PNTO) £1,920.00 Canna di Fucile-Gunmetal grey- and one of just five imported in this colour into the UK, at least one of which has been exported ,with black hide and carpets, aluminium grey-now red- brake callipers (CALA)£588.00, enamel Scuderia wing shields (LOGO)£972.00 in addition to the then list price of £152,345.00 plus delivery charges, number plates and road tax. At the end of March, musician and multi Ferrari owning, Mr Eric Clapton, visited the Egham showroom presumably to see how the 575 F1 he had on order with my colleague Mark Hawkins, was doing. When he saw the 550 in the showroom, he asked Mark, or Marky as he calls him, if he could see it outside in daylight, which was duly done. Done deal, he bought the car with it being registered the current number on the 5th April 2002 and subject to Ferrari’s three-year warranty. The car returned to Maranello for a “1,000-mile check”, 11 days later, presumably having taken the car to his home in France and back?
With the arrival of his new 575F1, the 550 Maranello was returned to Maranello Sales where it found a new owner with 36-year-old investment banker, Mr Rajan R of London, with circa 3,000 miles.
Purchased from a Derbyshire specialist with 7,250 miles in April 2004, by 39-year-old securities dealer, Mr John B of London for £85,000. Mr B had Scuderia systems fit a £1200 TUBI STYLE sports exhaust in November 2004. Maranello Sales maintained the car during Mr B's tenure.
The car passed into the ownership of 36-year-old banker, Mr Saleem K of London following an inspection by Verdi on the 9th January 2006 with 11,638 miles. Verdi maintained the car over the next six and half years and 23,000 miles, when it was sold in September 2012 with 34,309 miles to 58-year-old company director, Mr Gary N of Surrey. Verdi continued to maintain.
Passing into the ownership of 52-year-old, Mr Crispin T of Somerset, an old client and part time car dealer (Cavallino- from the late 1980’s), on the 24th April 2015
The seventh and penultimate owner, 62-year-old company director, Mr Guy J of London, registered the car on the 4th February 2016 with some 42,400 miles now covered for £114,000.
The last owner retired city banker K L of London, who registered the car in his son C name, on the 27th February 2017 with some 44,000 miles now covered, having DK Engineering road test and inspect the car and who have maintained the car since upgrading the headlight and updating the stereo system. New Pirelli P Zero tyres being fitted in October 2018.Rationlaising his car collection and a house move, meant the 550 had to go.
The car is complete as new with factory original service book-with 16 stamps-handbooks, both ignition keys, red immobiliser and the two black fobs, as well as a file of past invoices, 13 MOT’s and the Certificate of Conformity, that last one cost in excess of £1,500 to obtain from Ferrari taking several months.
Launched to the press at the Nürburgring in 1996, the 550 Maranello was Ferrari’s answer to those who believed the performance of a front-engined V12 car could not beat that of a mid-engined sports car. The successor to the F512M, the 550 Maranello proved quicker and, thanks to its better front-engined, rear drive packaging layout, far more practical.
The 550 Maranello also benefited from Ferrari’s maniacal attention to aerodynamics with a low Cd (0.33) and constant downforce over both axles. The combination of uncompromising performance and aerodynamic efficiency helped the car establish new production car speed records on the 12th of October 1998 in Marysville, Ohio, covering 100 km (62 miles) at an average speed of 304.1 km/h, (188.88 mph) and 296.168 km/h (183.955 miles) in one hour.
After over two decades of Ferrari production with a mid engine model as the performance pinnacle of the regular production range, the tables were turned in 1996 with the introduction of the 550 Maranello. The new model had a front mounted engine like its 456 GT stable mate, and had been developed from the technological progress and innovations of that model, to produce searing performance allied to impeccable road manners.
The 550 Maranello made its public debut at a major Ferrari gathering at the Nurburgring, Germany, in July 1996, which centred round the launch of the new car. The then current F1 team drivers Michael Schumacher and Eddie Irvine were on hand to put the car through its paces on the track, along with a host of previous Ferrari team drivers including former Ferrari World Champions Niki Lauda and Jody Scheckter.
The body lines from the pen of Pininfarina unsurprisingly had echoes of the new model’s 2+2 stable mate, the 456 GT, in the overall premise. However, there were also retro hints from earlier classic models, like the twin exhaust air slots in the front wings akin to those of the sixties 250 GTO and 275 GTB, whilst the tail light treatment was even closer to that of the fabled 365 GTB/4 “Daytona” model than it had been on the 456 GT.
The new model did have its own positive identity, with a shallow and wide radiator air intake, which with the integral front spoiler gave the look of a hungry shark approaching your rear view mirror, when being followed along the road by it. The styling details gave it an appearance of aggressive elegance, and although some people were initially a little subdued in their praise, no doubt expecting something more visually radical, the dynamic qualities of the car soon won over the doubters.
After all, here was a totally practical and comfortable 2 seat model, with plentiful luggage space, that had overall performance close to that of the bare bones F40 “racer for the street” of less than a decade earlier.
Technological advances during the intervening period, particularly with regard to suspension and traction control systems with electronic brains, meant that a front engine car could be made to handle as well as a mid engine model. One feature carried over from the preceding F512M model was the use of high intensity homofocal covered headlight units, that obviated the necessity of the retractable units of the 456 GT, and thus gave the car a homogeneous line whether the lights were in use or not.
The bodies were mounted on a 2500mm wheelbase chassis, which was 100mm less than the 456 GT 2+2 model, with a front track of 1632mm and rear track of 1586mm. It was constructed in the traditional steel tube fashion, incorporating substructures to support mechanical and body components, bearing factory chassis type reference F 133 AB. The model was available in right or left hand drive form, with power assisted steering as standard.
The body was a lightweight aluminium alloy welded to the steel frame via a specially formulated sandwich material called Feran, which permitted the welding of the two dissimilar metals, whilst the front and rear valances were composite mouldings. Independent suspension was provided all round with front and rear anti roll bars, and electronically operated driver controlled variable shock absorber settings, to provide either “normal” or “sport” mode, integrated with an ASR drive control system.
When in “normal” mode the brain places an emphasis on stability relative to road conditions, reducing power to the driven wheels via the engine management system, or bringing the ABS braking system into play, to maximise traction. When in “sport” mode the brain provides the driver with the facility to control the situation by his or her own inputs.
The adjustable dampers were provided with an electronic “brain” that monitored various factions, like steering angle, road speed, braking effect or acceleration, to optimise the settings for the driving conditions.
The steering was of the Servotronic speed sensitive power assisted type, the degree of assistance varying with road speed, being greatest at parking speeds and reducing as speed increased. The standard road wheels were stylised renditions of the traditional five spoke “star” alloy design, featuring elegant convex spokes and five bolt fixing with 18″ diameter rims, 8.5″ wide at the front and 10.5″ wide at the rear. Four wheel ventilated disc brakes were provided, each disc having a four piston light alloy calliper, plus a four channel ABS anti skid braking system, integrated with the ASR drive control system as mentioned.
The engine was a derivation of that designed for the 456 GT with the same cubic capacity, although the total cubic capacity was chosen as part of the model title, 5.5 litres (hence 550) rather than the single cylinder swept volume figure that had been used with the 456 GT, with factory type reference 133 A. The 65 degree V12 engine had an actual cubic capacity of 5474cc, with a bore and stroke of 88mm x 75mm, four valves per cylinder, twin overhead camshafts per bank, and dry sump lubrication. The block, cylinder heads, sump, and sundry castings were constructed from light alloy, featuring Nicasil treated alloy cylinder liners, and titanium alloy con rods. A Bosch Motronic 5.2 combined fuel injection/ignition engine management system was fitted, plus a variable back pressure stainless steel exhaust system, to provide a claimed power output of 485bhp at 7000rpm, driving through a six speed + reverse transaxle.
The interior was upholstered in leather as standard, with electronic adjustment facilities for the seats, and a large luggage platform behind them. Twin airbags were provided, as was air conditioning, electric windows and door mirrors, plus a stereo system with CD player. As an option sports seats were available, along with a range of items from the “Carrozzeria Scaglietti” personalisation accessories that were introduced in 1997, to enable clients to individualise their cars.
The 550 Maranello was produced between 1996 and 2001, and all were numbered in the continuous chassis number road car sequence in the range 99928 to 126807. In 1999 a limited series of thirty three “World Record” examples were produced to commemorate the World Speed Record set at Marysville in the USA on 12 October 1998. Here the 550 Maranello broke the world speed record for a production road cars, covering 100kms at an average speed of 304.1kph (192.60mph), and covering 296.168kms (184.164 miles) in one hour, despite making a stop to refuel.
The 27 November 1996 issue of the British magazine “Autocar” featured a road test, where they recorded a 0-60 mph time of 4.6 seconds, a 0-100 mph time of 10.1 seconds, quoting the manufacturer’s claimed top speed of 199 mph. They also proclaimed it “Britain’s Best Driver’s Car 1998″, and in 1999 said of it “it continues to be the best GT on the block”.
Taken from Ferrari’s own website.
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