Starting in 1949 and continuing through 1957, Moretti cars have had a long and exciting history of participation in the Mille Miglia. This car, a Moretti 1500 Freccia d'Oro, is powered by a Moretti designed and built 1500 cc, 4-cylinder, twin cam, twin plug, twin carburetor and twin distributor motor. It has both body and tubular chassis by Moretti. The four-speed transmission is Fiat 1100. This car was one of three cars specially ordered and built in 1955-1956 by Moretti for the 1500cc class by an Argentinean group who wanted to compete against Maserati 150S and OSCA 1500, among others. This is the third car built: #001 went to Argentina and was never paid for, but destroyed/crashed; #002 and #003 were bought by the Trustee for Moretti's bankruptcy as an independent constructor in the 1960s. Moretti survived several more years as a carrozzeria or body designer/coachbuilder, mostly for Fiat.