The Forgotten V12 Pontiac With A Firebird Body And Ferrari Soul

According to General Motors, the Pegasus concept was based on the 1970 Pontiac Firebird and led by GM’s design president Bill Mitchell. Design-wise, the Pegasus is a far cry from the snarling angry grimace of a Pontiac GTO or other meaner offerings from GM. The car itself looks like it should be cruising through the streets of Rome on a nice summer day. You wouldn’t be too far off the mark if you thought it looked like a Ferrari because the similarities are more than skin-deep. 

General Motors

Given Pontiac’s love for giant V8s, the brand had no issue making powerful engines, but a fire-breathing V8 would be out of place in a refined car like the Pegasus. The Pegasus is powered by a 4.4-liter V12 straight from Enzo Ferrari himself. The V12 put out 352 horsepower, according to Hagerty. The five-speed transmission and exhaust system are from Ferrari, too, and the rear axle is the only GM part of the drivetrain. In addition, the Pegasus had four-wheel disc brakes from a Corvette and wire wheels. The interior is also the work of Ferrari. 

General Motors

According to Hagerty, the Pegasus spent most of its days being driven by its creator Bill Mitchell until his unfortunate death in 1988. After a wreck while racing and a few paint jobs by GM designers, the Pegasus was finally retired to General Motors’ own heritage collection.