Michael Satterfield
Built in November 1961, this 250 GTE was originally delivered to California. While first intended for a Mr. Levitt, Otto Zipper Motors in Beverly Hills sold 2927 GT new to Bobby M. Burns of Wichita Falls, Texas, who requested that his new Ferrari be painted red before being delivered. Following Mr. Burns’ passing, the GTE was sold by his estate in August 1974 to second owner Lonny D. Morrison, a lawyer who also resided in Wichita Falls.
As evidenced by invoices, parts orders, and correspondence during Mr. Morrison’s ownership of the car, 2927 GT was last road-registered in 1979 and has been kept in static storage since. Offered in as-found condition, the GTE retains its matching-numbers engine, many rare original components, and its factory data tags. The coachwork displays very nice panel fit; also, thanks to its long-term Texas ownership, the GTE has enjoyed the benefits of a dry climate. The interior appears largely undisturbed and, though the leather is dry and cracking in areas, it remains quite presentable with the possibility of preservation.
Included with the vehicle are the owner’s handbook and dealer directory in their pouch, a tool roll, jack assembly, a Pirelli fan belt within its original packaging, 1970s Texas license plates, and more. A fascinating dossier provides a window into the lifetime of this GTE and its two previous owners, including invoices, parts orders, correspondence, the original Bill of Sale from Otto Zipper, copies of the Texas titles issued to Messrs. Burns and Morrison, and a copy of the report compiled on the car by noted Ferrari historian Marcel Massini. Easily one of the most captivating classic V-12 Ferrari GTs we have offered in recent memory, this time-capsule Series I GTE offers many great possibilities for an astute buyer who appreciates originality.
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