Rare 1970 Lamborghini Miura P400S, Stored in a Living Room for 40 Years, Expected to Fetch Millions at Pebble Beach Auction

The Legendary Miura Heads to Auction with an Estimated Price of Up to $2.5 Million

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In a remarkable turn of events, a 1970 Lamborghini Miura, which spent over 40 years in a living room, is poised to captivate collectors and enthusiasts at the upcoming Gooding & Company’s Pebble Beach Auctions. This pristine example of automotive history, with an expected fetching price between $2 million and $2.5 million, offers a rare opportunity to acquire one of the most storied Lamborghinis ever made.

The Lamborghini Miura, designed by the legendary Marcello Gandini, is a testament to the golden era of Italian automotive design. Debuting in 1966, the Miura set a new standard for supercars with its mid-engine layout and striking aesthetics.

The unique story of chassis no. 4614

1970 lamborghini miura

This particular Miura, a P400 S variant, is notable not only for its design but also for its fascinating history. Originally sold in Italy, the car features an original color scheme of Luci del Bosco Metallizzato (Light of the Woods) with a Gobi (beige) interior. Exported to the United States in the early 1980s, it found an unusual resting place in the living room of a modest home in East Rockaway, New York. This unconventional storage method preserved its originality, making it a pristine “barn find.”

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The Miura has approximately 26,100 miles on the odometer and retains its matching-numbers V-12 engine. Many original components remain intact, including the glass, trim, lights, and badging. The interior, featuring period-specific materials and finishes, offers a unique opportunity for preservation or restoration. Historical documents, such as the Automobile Club d’Italia registration records, the original Italian registration plate, and factory-original manuals accompany the car.

The Miura P400 S, unveiled at the 1968 Turin Motor Show, introduced several enhancements over the original P400. It featured a more rigid chassis, four-wheel ventilated disc brakes, and various cosmetic upgrades. Between 1968 and 1971, 338 examples of the P400 S were produced before being succeeded by the P400 SV.

Chassis No. 4614, completed in July 1970, carries Bertone production No. 520 and body No. 620. Its original color combination, resonant with the era’s aesthetic, contributes to its allure. Despite some in-period repainting, the car remains largely original, a testament to its well-preserved state.

1970 Lamborghini Miura: restoration and value

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Prospective buyers should be prepared for potential restoration costs exceeding $500,000. Despite this, the allure of owning such an iconic vehicle with an unrepeatable history is expected to drive significant interest and bidding at the auction. The matching-numbers V-12 engine, rare period Pirelli Cinturato CN12 tires, and well-preserved interior materials further enhance the car’s value and authenticity.

A true automotive treasure..

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The Lamborghini Miura’s lineage is marked by its evolution from the P400 to the P400 S and, finally, the P400 SV, with a few SVJs produced towards the end of its run. Altogether, about 764 examples of the Miura were built, making each surviving one a historical treasure. This Miura, effectively a “lost” car until its recent discovery, presents an unparalleled opportunity for collectors.

The upcoming Pebble Beach Auctions on August 17 and 18 will witness the sale of this remarkable Miura, offering a rare chance to acquire a fundamentally original car. The car’s estimated value and potential restoration costs underscore its significance and the privilege of owning a Lamborghini with such a storied past.

In essence, this 1970 Lamborghini Miura is more than just a car; it is a piece of automotive history, a testament to Italian design and engineering, and a dream come true for any serious collector.

Image source: goodingandcompany/ Instagram

1970 Lamborghini Miura P400S Image Gallery