Pegaso Z-102 Berlinetta

1954 Pegaso Z-102 3.2 Berlinetta by Touring

Offered by RM Sotheby’s | New York, New York | December 10, 2015

Photo - RM Sotheby's

Photo – RM Sotheby’s

Pegaso, the Spanish truck manufacturer, jumped into the sports car arena for a brief time in the 1950s. They did so by hiring an ex-Alfa Romeo engineer to come in and design and produce a world class sports car. While they certainly managed to do that, the overall project got out of control, expense-wise, and was shut down in 1958.

This car uses a 3.2-liter V-8 making 223 horsepower (upgraded from the car’s original 2.8-liter power plant). Pegasos used aluminium body work (a couple different coachbuilders were involved, this body is by Touring, as were most). They were light, powerful, and fast – with a top speed around 160 mph – faster than their Ferrari competitors of the day.

Because Pegaso was a state-owned company, budgets were everything. These cars spared no expense – at the expense of the whole project. Only 84 Pegaso sports cars would end up being built between 1951 and 1958. This car is all-original (sans glorious green paint, which was re-done in 1981). It has been in Spain its entire life, having had only four owners. It is an awesome car. Click here for more info and here for more from this sale.

Update: Sold $742,500.