1954 Osca MT4

Vehicle Description 1954 OSCA MT4 $795,000 1954 OSCA MT4 2-AD 1500 SPIDEROfficine Specializzate Costruzione Automobili, or OSCA, was established in Bologna, Italy, by Bindo, Ernesto, and Ettore Maserati in 1947, after they left the company that bore their name. Over the next two decades, the Maserati brothers produced, in extremely limited numbers, an astonishing variety of sports racing, grand touring, and formula cars, all characterized by technically advanced engineering and jewel-like attention to detail.Of the many models OSCA produced, the most recognizable is undoubtedly the MT4, which stands for Maserati Tipo 4 Cilindri. Originally designed with a single overhead camshaft 1,100 cc engine, the MT4 won in its debut at the 1948 Grand Prix of Naples and was then continuously developed and improved throughout the early 1950s. From 1953 to 1955, an updated twin-cam model, known as the 2-AD, was produced in various displacements, ranging from 1,100 to 1,500 cc. In ultimate twin-plug 1,500 cc form, the MT4 produced approximately 120 hp and, when equipped with lightweight all-aluminum Spider bodywork, weighed just 1,300 pounds. These OSCAs were thoroughbred racing cars,rivaled only by Porsche s 550 Spyder in the under-1500 classes.The MT4s were especially popular in the US, where they were sold for as much as $10,000 each to an elite clientele that included connoisseurs like Bill Spear, Jim Kimberly, and Briggs Cunningham. Famously, it was Cunningham s car,driven by Stirling Moss and Bill Lloyd, which won the 12 Hours of Sebring in 1954, outright defeating cars of far greater displacement and forever cementing the MT4 s status as a giant killer.According to the definitive book OSCA: La Rivincita Dei Maserati, by Luigi Orsini and Franco Zagari, this MT4 2-AD Spider, chassis 1148, was originally supplied with an ultra-desirable 1500 engine, no. 1506.Originally delivered to OSCA s official North American distributor Edgar Fronteras in August 1954, this MT4 was sold newto Harry Allen Chapman of Tucson, Arizona. The heir to a petroleum fortune, Chapman represented OSCA through his dealership ALMAR and handled the sale of several MT4s.According to the research of noted historian John de Boer, author of The Italian Car Registry, 1148 was campaigned by Chapman and William Bumpy Bell between November 1954 and May 1955 at sports car races throughout California and Arizona. Notable results include a 1st Overall in the Junior Drivers race at March Field and a 1st in Class and 3rd Overall in the first annual Wilcox Sports Car Races.During summer 1955, 1148 was reportedly sold through Ernie McAfee to Seymour Chick Leson, a gentleman racing driver from Lafayette, California, who owned another OSCA MT4, chassis 1121. According to Mr. de Boer s research, Leson raced 1148 throughout the remainder of 1955 at venues including Buchanan Field, Santa Barbara, and Salinas, California.In May 1956, Leson advertised 1148 in MotoRacing magazine and eventually sold it to Alvin F. Chase of Alamo, California.Chase kept the OSCA until 1961 or 1962, when it was sold to Larry Evans of nearby Danville, California. A member of the Sports and Imports car club, Evans entered his MT4 in several Bay Area autocross events, winning 1st Overall at the 1962 San Francisco International Auto Show.Evans later broke the original Fiat-based gearbox and replaced it with a ZF five-speed, which he sourced from an OSCA parts purveyor in Los Angeles. By 1965, he had painted the MT4 black and installed an aluminum Buick V-8 engine and Studebaker rear end. The car eventually made its way to Washington state, and while owned by Reid Mathiesen, was involved in a road accident, which damaged the passenger side.Around 1976, local collector John Hunholz bought the car in its forlorn state, and after acquiring the original engine from well-known car collector Stephen Block, began to restore the car in his home garage. While some progress was made, the MT4 was never fully restored during his lifetime.1148 runs, drives, and stops, but is now an ideal candidate for restoration. It is the most desirable specification of the definitive OSCA model, and possesses a fascinating WestCoast racing history, well-documented provenance, and its matching-numbers engine. Produced in limited numbers and rarely offered for public sale,MT4s are among the most coveted Italian sports cars of the 1950s. An exciting opportunity to acquire a historic OSCA and return it to its original glory.Chassis 1148Engine 1506 Among the Finest Italian Sports Racing Cars of the 1950s The Definitive OSCA MT4 2-AD 1500 with Spider Coachwork Delivered New to the US with West Coast Racing History Available for the First Time Following Four Decades in Single Family Ownership Retains Matching Numbers Engine per Factory Records Ideal Restoration Candidate Price: $795,000