With the sales of the Dino 246 GT stable, Ferrari looked to increase its popularity still further by introducing an open version. The 246 GTS made its debut at the 1972 Geneva Motor Show and reactions were immediately very positive. The styling retained the individual, attractive lines of the 264 GT, with the added advantage of a practical targa top for open-air driving.

The Dino 246 GT made its official debut at the Turin Show in November 1969, although the production run had already commenced.

81 examples were completed by the end of the year. Broadly speaking, series “L” cars were produced in late 1969 and through 1970. They have road wheels with a single knock-off spinner, front quarter bumpers into the grille opening, rear licence plate lights in the quarter bumper ends, an external boot lid release button and head rests mounted on the rear bulkhead.

Body construction was steel with an aluminium front lid. A USA market version was introduced at the end of 1971, which can be identified by the vertical instead of flush mounted indicator lights in the nose panel, and rectangular side marker lights cut into the front and rear wings.

The 246 GTS model with a black finished removable roof panel was introduced in the spring of 1972 at the Geneva Show. Apart from the removable roof panel, it can be identified by the omission of the rear quarter windows, which were replaced by a plain metal sail panel with three rectangular cabin exhaust air slots.

As with the 246 and 206 GTB Dino, the engine was again of 65 degree configuration, with chain-driven twin overhead camshafts per bank, having a total capacity of 2418cc, with a bore and stroke of 92.5mm x 60mm, bearing factory type reference 135 CS. The cylinder block was cast iron, whilst the cylinder heads and various other castings were of a silumin alloy.