Chassis No. 69390
Engine No. 30889
Body No. 1390

Among the steady stream of iconic sports cars to emerge from Europe in the 1950s, many share an intriguing common thread: Max Hoffman. The leading importer of European cars in the United States, Hoffman had a finger on the pulse of the bustling U.S. market, and his success spoke volumes to manufacturers. The Mercedes-Benz 300 SL, Porsche 356 Speedster, Alfa Romeo Giulietta Spider, and many more owe their success to Hoffman. In the early 1950s, Hoffman felt BMW's slow selling sedans could use sportier siblings.

Convening with BMW's Commercial Director Hanns Grewenig, the 503 was conceived as an elite grand tourer aimed at wealthy American buyers. Styled by Count Albrecht von Goertz, who also designed the 507 Roadster, the 503 sported elegant coachwork, sophisticated underpinnings, and the opulence expected of a premier European GT.

The 503 and 507 debuted at the Frankfurt Motor Show in September 1955. The 503 featured BMW's superb 3.2-liter aluminum V8 engine in 140-horsepower tune, with a chassis adapted from its larger saloon siblings. Despite a positive reception and undoubted capabilities (John Surtees owned one) BMW's lingering financial struggles meant that ultimately, just 412 503s were built across two series from May 1956 to March 1959, comprised of 273 coupes and a mere 139 cabriolets.

Looking splendid in its vibrant red paint over supple tan leather upholstery, this French-delivery 1959 503 Cabriolet is a desirable Series II model benefiting from a well-detailed photo-documented restoration by noted BMW and Mercedes-Benz restorer Arthur Bechtel Classic Motors in 2022. Chief among the Series II refinements is the floor-mounted shifter for improved accuracy and feel. Notably, this is also one of very few 503s fitted with 507-style fender vents, which have been polished to complement the paintwork. The color-keyed steel wheels, adorned with chrome center caps and spinners to mimic the factory Rudge wheels, combine to add a distinctly sporting touch. The cabin has been beautifully restored in supple tan leather, oatmeal square weave carpeting, and authentic details including a period-correct Becker radio.

With BMW's brilliant V8 engine—Germany's only eight-cylinder of its day—the 503 Cabriolet epitomizes mid-century style and sophistication. This fine example has been lovingly prepared and is ideally suited for exclusive concours and touring events.