Another new world record for Lancia at auction?
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Another new world record for Lancia at auction?
A 1992 Lancia Delta Integrale Evoluzione 1 'Giallo Ferrari' Limited Edition. Estimate £100,000 - £130,000 May 28th sale.

LONDON.- One of only 295 'Giallo Ferrari' Evo 1 Limited Editions with less than 17,000 miles from new, this car is expected to do well for this version of the Italian Lancia marque offered from Silverstone’s Auction of Supercar Fest of Iconic and Classic cars on May 28th at Sywell Aerodrome. Silverstone set the world record for one of these cars – a 1995 Lancia Delta HF Evo II Integrale Edizione Finale, sold at the May Sale in 2021 for £223,100.

Nick Whale, Chairman of Silverstone Auctions, says: “It’s the very heart of our business to know what is happening with values and it’s become clear that Lancia Evo prices are moving up strongly. It is hardly surprising given the 30 year record of rallying success this brand maintained and the memories of these cars leaving rival competitors eating their dust.”

From the mid-1960s until the early 1990s, Lancia was a major force in international rallying, winning the ‘World Rally Championship for Makes’ no fewer than 11 times between 1972 and 1992, including a remarkable six successive victories commencing in 1987. During the same period, Lancia drivers won the European Rally Championship on 14 occasions and the World Drivers' Championship (only instigated in 1978) four times. Badged as the Delta HF 4WD on its introduction in 1986, the model retained the Volumex supercharger initially before switching to a straightforward turbo when transformed into the Integrale in 1987. The latter would prove a supremely capable rally car, winning the World Championship in both 1987 and 1988, yet in road trim remained a thoroughly practical family hatchback. Integrale performance was boosted further by the introduction of a 16-valve cylinder head for the 2.0-litre four-cylinder engine in 1989, maximum power increasing to 200bhp and top speed to around 220km/h.

Homologated to maintain the works rally team's competitive edge, the first Evoluzione models were manufactured towards the end of 1991, incorporating wider front and rear track, appropriately altered bodywork, an engine re-mapped to produce 210bhp and a number of other detail improvements. The Evo 2 was essentially the same but came with a catalyst in the exhaust system, however, it’s the original Evoluzione that is nowadays generally recognised as having the closest connection to the original Group A cars and consequently is the more desirable of the two. With the Integrale's reputation firmly established, Lancia began offering a number of limited-edition variants, split pretty evenly between those that featured a non-standard colour and those that celebrated their rallying heritage. One of the rarest and most collectable was the 'Giallo Ferrari' of which only 295 were built. They were finished in Giallo Fly with a black leather interior and a number of small cosmetic differences.

With an odometer reading 27,772km (16,605 miles) this delectable Integrale Evo 1 must surely be one of the lowest mileage Evo 1s on the market today. The meagre mileage can be partly explained by the fact that the little Lancia appears to have been secreted away, unregistered, shortly after it was new and with only 75km on the clock for over 8 years before being discovered. We can only assume that a ‘canny’ Italian dealer felt sure that a rare, limited-edition Integrale with delivery miles only would be sure to appreciate in value and, in that, he was certainly correct.

The vendor purchased the Lancia in 2005 from Bill McGrath Maserati in Kimpton and was pleased to find that the car was accompanied by an impressive history file “from month of manufacture to present day.” From Fiat Auto UK, there is a Declaration of Conformity, British National Type Approval and a Dating Letter confirming that the car was built in July 1992. It appears to have been first UK registered on 13/04/2000. There is a copy of Auto Italia Magazine from September 2000 which contains an article offering a guide to purchasing an Integrale which includes half a dozen photographs of this car looking immaculate and a caption stating “There are still a few new cars around, this one was bought in Italy recently with just 75km on the clock.” The history file also contains a Manual/Warranty for the Kenwood music system, a Sigma Alarm Installation Certificate, factory Owners Manual, a grand total of 21 MOT Certificates with a Gov.UK MOT History and a substantial amount of service and maintenance invoices, mainly from our diligent owner.

In a note to us he explains "During my ownership the car has been regularly maintained and serviced regardless of the mileage which includes all belts and bearings changed every 3 years, the last one including a water pump. Tarox discs and pads are fitted. All suspension has been removed and powder-coated, anything that was found needing replacement was replaced - bushes and bump stops etc. The car has wanted for nothing and all maintenance carried out during the winter months by Lancia-trained technicians. Body underneath has been treated to Dinitrol protection and all inner cavities injected with Teroson HV350 Wax Oil purely for preservation. During this process, absolutely no corrosion was found in the car." In the winter we understand that it's stored on axle stands with the wheels off and kept warm and dry. It has just (mid-April) benefited from a full service with belts, recharged air-con and a fresh MOT. The Cherished Registration Number, C10 EVO, will remain with the car and both sets of keys are present.

Cossetted and cherished since the day it arrived, it's only been used lightly in our vendor's ownership and, in more recent times, just for local car shows and Concours, with some success being a Scottish Italian Car Day Winner.

This is a serious opportunity as low mileage, limited-edition Evo 1 Integrales with a full history and in this immaculate condition are very, very difficult to find. There is no reason why values of these rare cars won't continue to gently rise which is a win-win situation as, unlike a number of other 'blue chip' investment classics, these cars are just such incredible fun to drive.

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