A 2001 Ferrari 360 Spider equipped with the highly desirable gated six-speed manual transmission is heading to auction after spending several years in storage. The car shows 28,086 miles and is described as being in good overall condition, though it has not been driven recently and will require recommissioning before returning to the road.
The Spider is being offered by its second owner and previously formed part of a prominent private collection. After sitting unused under a tarp in a barn, the car is now resurfacing as an opportunity for an enthusiast willing to address deferred maintenance common to long-stored performance vehicles. The battery has been removed, the engine has not been started in approximately two years, and the timing belts were last changed around a decade ago. Tires and other age-related service items are also expected to need replacement.
The Ferrari 360 represented a major shift for the manufacturer when it debuted in 1999. Developed as a clean-sheet design to replace the F355, it introduced Ferrari’s first mass-produced aluminum spaceframe road car. The bonded and riveted aluminum structure, developed in partnership with Alcoa, delivered significant gains in rigidity and weight reduction while improving safety and manufacturing efficiency.
Power came from a longitudinally mounted 3.6-liter Tipo F131 V8 producing 400 horsepower. The new engine layout improved weight distribution and made routine servicing easier, including timing belt replacement without removing the engine, a notable improvement over earlier models. Buyers could choose between a traditional gated manual transmission or Ferrari’s electro-hydraulic F1 system, with manual cars becoming increasingly sought after in recent years.
The 360 Spider variant arrived in 2000, featuring a power-operated fabric roof and additional structural reinforcement to maintain chassis stiffness. Performance remained largely unchanged, with strong acceleration, high top speed, and balanced handling placing it firmly among early-2000s supercar competitors.
Production of the Ferrari 360 ended in 2005 after more than 17,000 examples were built across all variants. The barn-stored Spider will be auctioned on February 21 with a price guide of £30,000 to £40,000, positioning it as a potentially accessible entry point into modern-era Ferrari ownership for the right buyer.
Images courtesy of Iconic Auctioneers
Shawn Henry