1965 Lamborghini 350 GT Returns to Bring a Trailer Auction

A rare 1965 Lamborghini 350 GT, previously sold on Bring a Trailer, returns to auction with a Bob Wallace–rebuilt V12 and documented history. Explore the details.

Bidding is underway on Bring a Trailer for a rare 1965 Lamborghini 350 GT, the model that effectively launched the brand’s production history. The current bid has reached $500,000 with several days remaining. Its appearance on the market alone commands attention: the 350 GT was Lamborghini’s first production car, unveiled in 1964 as the road-going evolution of the 350 GTV prototype.

This example belongs to the early series and is one of approximately 120 350 GTs built. Completed between late 1964 and early 1965, it was delivered new to its first owner in Parma, Italy. In the 1990s, the car underwent an extensive restoration, including a rebuild of its 3.5-liter quad-cam V12 at the workshop of Bob Wallace, Lamborghini’s former test driver and a key figure in the development of the company’s early models. For collectors, that mechanical provenance adds a notable historical dimension.

The body was crafted by Carrozzeria Touring using the Superleggera method, with aluminum panels mounted over a steel tube framework. Listed as Alloy-Bodied, this car reflects the lightweight construction associated with early examples. Originally finished in Grigio Grafite, it was later repainted red and eventually refinished in its current black during the 1990s restoration. Distinctive styling cues such as the split front bumper, elongated headlights, single windshield wiper, and hood vents underscore its mid-1960s design language.

Power comes from the Giotto Bizzarrini-designed 3.5-liter V12 fitted with six Weber 40 DCOE carburetors, producing around 280 horsepower in production specification. A five-speed ZF manual transmission sends power to the rear wheels through a limited-slip differential. The car features four-wheel independent suspension and servo-assisted Girling disc brakes, underscoring its grand touring credentials.

Inside, tan leather upholstery is complemented by a distinctive machine-turned dashboard and steering wheel. Commentators on the listing have noted that this combination is seldom seen, adding to the car’s collectible appeal. The five-digit odometer shows approximately 13,000 kilometers, though total mileage is listed as unknown.

This 350 GT previously sold on Bring a Trailer in June 2021 for $687,000. Since then, it has reportedly received over $11,000 in service, including brake work and related maintenance. As a result, the current auction offers a rare opportunity to observe the market trajectory of a specific early Lamborghini in a transparent, publicly documented setting.

Within Lamborghini’s history, the 350 GT occupies a pivotal role. It established the company’s V12 lineage and marked Ferruccio Lamborghini’s entry into the grand touring arena, setting the stage for later evolutions such as the 400 GT. Whatever the final hammer price may be, this car represents more than a 1960s Italian grand tourer—it stands at the beginning of the Lamborghini legend.