Market Finds: This Bizzarrini is Rare and Beautiful, not Bizarre

This Bizzarrini is Rare and Beautiful, not Bizarre

Petrolicious Productions By Petrolicious Productions
March 6, 2014
5 comments

The car: 1970 AMC AMX/3

Price: $795,000

Location: Baton Rouge, Louisiana, USA

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Dick Teague’s place in American automobile design is up there with the great talents of the post-war period, but his work on the AMC Pacer could be a distraction to some. After stints at Kaiser, Packard, and Chrysler, Dick landed at American Motors Corporation in 1959 where his contributions coincided with AMC’s quest to shake its image as a car for librarians. Starting with the Rambler Classic and Ambassador, American, Marlin, and the Javelin and AMX ponycars, his pièce de résistance followed taking shape as the AMX/3.

Of course, the 1969 AMX/2 came first, which was a mid-engined (ironically, sans motor) fiberglass concept car inspired by sports cars from Lamborghini and Lotus. Debuting at the 1969 Chicago Auto Show, the AMX/2 aroused enough interest for AMC to commission a complete, engineered version that could be built on a limited basis. Giorgetto Giugiaro handled the duties, with Giotto Bizzarrini developing the semi-monocoque chassis with double-wishbones front and rear. AMC’s 340hp 390 was paired with a ZF four-speed transaxle (for cars #2-6, a OTO Melara gearbox was used). First shown in Rome in 1970, the plan was to build 24 AMX/3s per year but upcoming safety and emissions regulations, AMC’s financial situation, and logistical issues all prevented the project from becoming fully realized.

Still, five AMX/3s were built, plus one more created a year later from leftover parts. This red example is car #4 and is the vehicle BMW evaluated at Monza at AMC’s behest. It is also believed that car #4 is the only one that was branded “AMX/3 by Bizzarrini.” Owner history is just as interesting, as it was bought by Indianapolis restaurateur Jim Demichielli for $6500 and brought to the US in 1971, then resold in 1976 and headed to Louisiana in 1989. As you can imagine, AMX/3s don’t come up for sale very often, but if you have a spare $795,000, you can own the neatest mid-engined sports car this side of a Miura.

If you know of a great, stylish car for sale and would like us to feature it, let us know!

Petrolicious makes no claim as to the accuracy of the information contained in the car’s original listing, nor will it be held responsible for any errors in said information. If you’re interested in this car, do your homework and research it extensively before you buy. 

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Mike Gulett
Mike Gulett

@Matthew Lange – Consigning a car to Gooding or RM or any other auction company is by far the most expensive way to sell a valuable classic car. The auction companies take more than 15\% out of the economics and the owner has to ship the car to the auction site and back again if it does not sell. I am the publisher of My Car Quest and have sold several cars for clients that saved them thousands of dollars. This includes delivering the highest value to a seller of any Iso Grifo for sale in a public venue. Read… Read more »

Matthew Lange
Matthew Lange

I’m fully aware of the economics of selling a car at auction and if the car was a Grifo or a Miura where there is plenty of market information I agree with you. My comment refers to selling A very rare car whose current market value is more difficult to establish. In this instance the risk and reward may just balance in favour of consigning the car to a high profile auction. Just my opinion

Diego Rosenberg
Diego Rosenberg

Dustin, you point about the De Tomaso is spot-on, although I had intended to suggest that the AMX/3 was about as cool as the Lambo. Clearly it is cooler than a Pantera. 🙂

Matthew Lange
Matthew Lange

Wow very rare car. Very difficult to value too, would have thought consigning it to Gooding or RM for their Monterey auctions would be a better approach for the vendor to sell it?

Dustin Rittle
Dustin Rittle

I always loved the AMX/3 and Dick Teague as well. Dick Teague was a master of using very little budgets and the same sheetmetal and creating miracles with it. Id have to say the AMX/3 was one of his best designs. There is just something very exotic and 1970’s about it all. I wouldnt really put it up against the Miura maybe a De Tomaso since they were both Italian-American hybrid. The one really cool feature of this car was it had a pop up spoiler in the rear. Anyways just wanted to say cool car and it would be… Read more »