Car Collector International
Classic · 1933–1940

Maserati 8CM / 8CTF

The Maserati straight-eights that won two consecutive Indianapolis 500s (1939, 1940).

Grand Prix
Car Collector International Editorial
Maserati 8CM / 8CTF
Overview

Why this car matters

The 8CM (1933) was Maserati's monoposto Grand Prix car of the early 1930s, with a 2,991cc supercharged straight-eight. The 8CTF ('Otto Cilindri Testa Fissa') of 1938 was Maserati's serious answer to the German Silver Arrows — a 2,991cc twin-supercharged straight-eight producing around 365 bhp. Wilbur Shaw drove the 'Boyle Special' 8CTF to victory at the Indianapolis 500 in both 1939 and 1940 — Maserati remains the only foreign marque to have won consecutive Indy 500s. Only three 8CTFs were built.

Maserati's greatest pre-war racing achievement; the 8CTF is one of the most charismatic Grand Prix cars of the late 1930s.

Variants

Range and production

VariantYearsProductionNotes
8CM1933Early monoposto; 2,991cc supercharged eight.
8CTF1938–19403Twin-supercharged Silver Arrow rival; Indy winner.
Buyer's Guide

What to look for

Provenance and originality

For pre-war and vintage cars such as the Maserati 8CM / 8CTF, provenance is paramount. Chassis and engine number matching, period coachbuilder records, factory build sheets where available, continuous ownership documentation, original handbooks and any competition or concours history are the foundation of value. Period race history (Indy 500 cars are essentially priceless), continuous identity, Maserati Classiche documentation.

Mechanical inspection priorities

Twin-supercharged straight-eight; specialist rebuild only. A pre-purchase inspection by a recognised marque specialist should include compression and leak-down testing, magneto and ignition checks, chassis straightness and frame survey, axle and steering wear assessment, brake system review (mechanical or hydraulic per period), and an extended road test on varied terrain to expose carburation, cooling and gearbox issues that only emerge under sustained running.

Body, chassis and originality of coachwork

Pre-war coachwork is rarely truly original after a century of use. Establish whether the body is original to the chassis (period photographs, build records, coachbuilder plates), whether it has been re-bodied at any point, and the standard of any restoration. Quality of timber framing, ash health, panel beating and paint depth are all critical. Concealed structural rot, re-bodies presented as original, and 'tribute' cars built on later or unrelated chassis must be priced accordingly.

Specification and event eligibility

Verified 8CTF (only three built) is essentially museum-grade; 8CM trades more openly though still rarely. For vintage cars, event eligibility — Mille Miglia, Goodwood Revival, Pebble Beach, VSCC events, Le Mans Classic — can underwrite a substantial proportion of market value. Verify FIA/FIVA papers, period race history where claimed, and the car's standing with the relevant marque registry before purchase.

Pricing

What to pay

Verified 8CTF
USD$10,000,000+
GBP£7,350,000+
EUR€8,350,000+
Three cars total; institutional and private interest.
Verified 8CM
USD$3,000,000 – $5,500,000
GBP£2,200,000 – £4,050,000
EUR€2,500,000 – €4,580,000
Original chassis with continuous history.

Regional ranges authored independently — each reflects its local market, not an FX conversion

Ownership

Living with it

Typical mileage
300–2,000 miles typical for vintage use; rally cars higher
Service interval
Annual full service; pre-event check before any rally or tour
Annual running cost
$8,000 – $35,000 depending on use, storage and event programme
Fuel economy
10–18 mpg typical; heavy carburetted engines run rich
Insurance
Use a specialist agreed-value vintage policy with declared value reviewed annually. Premiums reflect declared value, storage, event use and driver experience with pre-war machinery.

Maintenance planning

Vintage cars require disciplined preventive maintenance: lubrication regimes, magneto service, carburettor synchronisation, brake adjustment, and timber and trim conservation. A car used regularly and serviced annually by a specialist will outlast a stored example neglected for decades.

Specialist access and parts

Tiny Maserati pre-war specialist network. Confirm the availability of marque specialists, period-correct fasteners, coachwork trim, instruments and tyres before committing. A car requiring fabricated one-off parts will absorb time and cost that a similar example with active specialist support will not.

Common Problems

Known issues by system

Engine

Twin-cam supercharged eight bearing wear (8CTF: famously raced at Indianapolis)

Critical$70,000 – $180,000
Symptoms — Low oil pressure, top-end rattle, weak boost.
Inspection — Specialist Maserati pre-war engine builder required; very few worldwide.
Provenance

8CTF Boyle Special / Indianapolis history verification

CriticalValue impact: fundamental
Symptoms — Only 3 8CTF chassis built; Boyle Special won Indy 1939 and 1940.
Inspection — Verify with Maserati Classiche and Indianapolis Motor Speedway records.
Chassis

Cracked chassis at engine and suspension mounts

Major$15,000 – $40,000
Symptoms — Visible cracks, handling shift.
Inspection — Specialist motorsport fabricator inspection.
Brakes

Hydraulic brake system originality (early hydraulic application)

Moderate$5,000 – $12,000
Symptoms — System overhaul standard required.
Inspection — Inspect master cylinder, lines and drums.
Valuation

Current value bands by region

Concours
USD
$5,000,000
GBP
£3,680,000
EUR
€4,170,000
+1% 12-mo
Excellent
USD
$3,500,000
GBP
£2,580,000
EUR
€2,920,000
0% 12-mo
Good
USD
Refer
GBP
Refer
EUR
Refer
0% 12-mo

Each region quoted in its local currency — independent market readings, not FX conversions

8CTF rarely trades; 8CM and other pre-war Maseratis trade privately or through major houses.

Auctions

Recent results

DateAuctionCarMileageResult
2024-08-16
RM Sotheby's
Monterey
1934 8CM
$3,415,000
Sold
Investment

Long-term outlook

Blue ChipHorizon: 10+ years

Defining Maserati racing heritage; finite production.

Recommended

The trusted network

Specialists

  • Maserati marque specialist
    View →
    UK / Europe
    Maserati 8CM / 8CTF restoration, mechanical service and originality reviews.
  • Pre-war coachwork specialist
    View →
    International
    Timber framing, ash conservation, panel beating and period-correct paint for pre-war coachwork.
  • Concours preparation studio
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    International
    Concours preparation, detailing and event support for pre-war and vintage cars.
  • Hagerty
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    USA / UK / EU
    Agreed-value collector insurance specialising in pre-war and vintage cars.
  • Lockton Performance
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    UK / EU
    Specialist agreed-value cover for significant pre-war and competition cars.

Storage

  • Windrush Car Storage
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    Cotswolds, UK
    Climate-controlled storage and collection management for pre-war and classic cars.
  • Autovault
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    Bicester, UK
    Secure climate-controlled storage at Bicester Heritage with inspection programmes.
  • Classic Car Club Manhattan
    View →
    New York, NY
    Secure urban storage for collector and pre-war cars.

Transport

  • CARS UK
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    UK & Europe
    Enclosed concours and event transport for pre-war and vintage machinery.
  • Reliable Carriers
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    USA (national)
    Enclosed coast-to-coast transport for pre-war American and European cars.
  • FERRLOG
    View →
    Italy / Europe
    Air-ride enclosed transport for Italian and European collector cars.

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The valuation figures in this guide are for research purposes only and do not constitute financial or investment advice. See our full disclaimer.