1972 Iso Grifo 7.4 Liter Can Am

1972 Iso Grifo 7.4 Liter Can Am For SaleThis rare 1972 Iso Grifo 7.4 Liter Can Am sits partially restored in a striking color scheme of Rivolta Blue over cream leather and retains its matching numbers 454ci engine, 5-speed ZF transmission and Campagnolo magnesium wheels.  Advertised as nearly finished, the Italian coupe is listed here on eBay in Dusseldorf, Germany with a palpitation-inducing Buy-It-Now price of $322,000.

For better or worse, partially restored Italian cars exert on their new owners the same kind of gravity one might experience stranded on the surface of Jupiter.  Complicated, expensive, and beyond any measure of reason, exotic Italian cars can also lead to disenfranchised family members and a solitary life accompanied by nothing more than one’s own expletives.  Fortunately for Italians like this Iso Grifo, though, they are incredibly beautiful and are genuinely worth the time, money and trouble.

An international hybrid of sorts, Iso Grifos sported fantastic Italian styling and substantial Corvette muscle that grew from the 5.4 liter V8 in 1963 to a whopping 7.4 liters in 1970.  This car counts itself among the latter, 1 of just 24 Series II cars built with the 7.4 liter 454ci engine.  As a Series II, this Grifo also bears a revised front end with flip-up headlights.

The restoration appears sound and correct from the photos, with a clean undercarriage, red Koni shock absorbers, straight and shiny trim, and a shelf full of leather-covered goodness that appears to be the future interior.  Troubling, however, is the tangle of wires hanging from below the dashboard and the duct tape holding the rear bumper in place.  While plenty of partially restored cars are listed with far more frightening photos, none of those listings include a $322,000 price tag. And herein lies the problem.

This is a great car with what looks like a good deal of high quality restoration work already completed.  But $322,000 is a ludicrously high number considering a perfect (and we really do mean perfect) Iso Grifo sold at Gooding Scottsdale last month for $352,000, including Gooding’s 10% commission.  Consider as well that the Gooding Grifo had far more desirable specifications (a Series I with the lighter and more powerful 427ci engine) and had headlined the Iso stand at the New York auto show in 1969, and it’s clear the project Grifo’s biggest problem is the big price.

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