1929 Nacional Pescara 3-Litre Competition
Offered by Aguttes | Brussels, Belgium | October 2024
Nacional Pescara was supposed to be the national motor company of Spain. It had government backing and was spurred on by Argentinian engineer Raul Pateras Pescara. Founded in 1929, Pescara tried to prove the car’s worth via competition, and production got under way in 1930.
The production cars, like this early racing special, were powered by a 3.0-liter DOHC inline-eight that made 125 horsepower. Not bad for a start-up in a country not exactly known for their cars, Hispano-Suiza aside. But the timing was all wrong. Even with all of the government funding, the company only managed to make about 12 production cars and two or three race cars before the money ran out and they closed up in 1932.
This is the only survivor. One of the racers (unclear if it was this one) won rounds during the 1931 European Hillclimb Championship, and this car was entered for the 1932 Monaco Grand Prix, but did not start. It’s been in the same family since the 1940s and now has an estimate of $660,000-$880,000. Click here for more info.