Ferrari 125 S Valuations

There are no original 125 S models in existence – which is a tremendous shame.

Recently, the chassis with serial number 010I was used in the restoration of a 125 S. The story goes that 01C was re-stamped as 010I, and sold to a customer as a new car.

Upon taking receipt of the car, the new owner immediately exclaimed, muletto!, which means “Test mule” in Italian, as he could clearly see that his supposedly new car was in fact a used, well-raced car.

Ferrari made a new invoice for the car, including a considerable rebate given the car’s second-hand nature.

Both the 125 S models were broken down and used towards some of the early 159 and 166 models.

01c Still in 166 Spyder Corsa configuration, the car was recently sold to Symbolic Motors. Close inspection of the chassis and its serial number led to the discovery of an old stamping that could possibly read 01C. It had been covered by an aluminum plate which bore the serial number 010I.

Subsequently, the car was sold to its current owner, who refitted the chassis with a body similar to the factory’s 125 S replica, which was built by Michelotto in 1987.

The alleged 01C made its public debut at the Pebble Beach Concours d’Elegance, and was entered as a “Ferrari 125 S”. The car continues to be the subject of much debate among Ferrari historians and enthusiasts; recent developments indicate that the re-stamped serial number was in fact a correction and not an alteration.