Make no mistake, the Lancia Thema 8.32 was an extraordinary car. Granted, a lesser Thema Turbo could deliver many of the same benefits without the expense, but the 8.32 is a car devoid of levelheaded logic. Instead, let us celebrate the fact that Lancia – the self-proclaimed ‘Most Italian Car’ company – had the vision to build it.
More specifically, we can thank Vittorio Ghidella for the ‘four-door Ferrari’. The former Fiat boss – a man credited with rescuing the company from financial ruin and described by the New York Times as ‘a car man through and through’ – created a separate production line at the San Paolo plant. Here, the 8.32 was built alongside the regular Thema.
£130,000 in today’s money
At its heart was the 2,927cc, 32-valve V8 engine, cast by Ferrari in Maranello, assembled by Ducati, then shipped to Lancia in Turin. It was the same unit found in the Ferrari 308 Quattrovalvole, but revised and detuned for its unlikely appearance in a four-door saloon.
So while the 308 QV developed 240hp, the 8.32 offered a slightly more saloon-like 215hp at 6,750rpm, plus 209lb ft of torque at 4,500rpm. Respectable figures, but not enough to keep up with the contemporary BMW M5 or Ford Sierra Sapphire Cosworth, even if the lighter Cossie was down on power.
It wasn’t exactly cheap, either. In 1988, the Thema 8.32 would set you back £37,500, almost twice the cost of the go-faster Sierra. It was also £500 more than a Maserati 430, and pricier than the Audi Quattro or M5.
More context is provided by the Thema range’s starting price, which kicked off at £12,495 for the 2000ie, with the 135mph Turbo LX available for £17,500. In today’s money, an 8.32 would nudge £130,000. And you thought they were asking a lot for the Alfa Romeo Giulia Quadrifoglio, also known as today’s ‘four-door Ferrari’.
Madness, you might think, but there was no shortage of suitors for this elegant Italian. Lancia was basking in the warm glow of success on the world rally stage, with the Delta Integrale, 037 and Stratos HF injecting the kind of motorsport pedigree other brands could only dream of.
It didn’t matter that the understated Italdesign styling was mostly unchanged – this was part of the appeal. A Thema 8.32 could blend into its surroundings with consummate ease, with little to suggest there was a ‘Lancia by Ferrari’ engine sitting beneath the bonnet.
The cover would soon be blown if the driver took the Thema to its 149mph top speed, though, while the mellow chatter of the V8 provided a more audible clue to the car’s potency. That said, it remains one of the greatest Q-cars ever: the ultimate Lupo vestito da Pecora.
Other giveaways included the stainless steel radiator grille, small yellow 8.32 badges, sill skirts, front air dam with integral fog lights, five-spoke alloy wheels and retractable rear spoiler, which appeared from within the boot lid at high speed speeds.
A different lira
Inside, the changes were more elaborate but far from ostentatious. Satin-finish walnut adorned the dashboard, the tops of the doors and the ashtray, having arrived in crates to the Turin factory.
The rest of the interior was swathed in the most exceptional Poltrona Frau leather or velour, giving buyers a hint of a time when Lancia could stand shoulder-to-shoulder with the luxury elite. As a monument to mark the subsequent decline of this once-great marque, the 8.32 is almost without peer.
Even at £37,500, it’s doubtless that Lancia would have raked in the lira on this halo model. The front-wheel-drive Thema was developed alongside the Saab 9000, Fiat Croma and Alfa Romeo 164 as a European four-door family saloon. Nobody in their right mind would have raised the prospect of crowbarring in a Ferrari engine when the ‘Type Four’ platform was first discussed.
It was a snug fit. The engineers were forced to create a removable inner panel within the right-hand wheelarch, simply to allow for access to the belts for the power steering pump and alternator.
Other upgrades included a damper control system – allowing for Comfort and Sport driving modes – huge ventilated front brake discs, a reworked five-speed gearbox, Goodyear Eagle tyres and retuned suspension.
A comprehensive package, then, but not enough for the 8.32 to out-muscle a BMW M5 or Audi Quattro, both of which were cheaper and offered more for the enthusiastic driver. But to label the 8.32 as a mere also-ran in the battle for contemporary performance car supremacy would be to miss the point. The Thema 8.32 was about so much more than speed and cornering prowess.
It’s about the finer details, like the gold and yellow pinstripes, handpainted by a Torinese worker with incredibly steady hands, possibly before a typically long Italian lunch. Also, note the range of instruments inset behind the lavish walnut dash. At night, the illuminated dials create a wonderful spectacle, assuming no troublesome warning lights are on display.
Buyers could also order a car telephone, along with stereo headphones for rear passengers, presumably if they’d had enough of listening to the redolent sound of the Ferrari V8.
The Thema 8.32 was, if you like, Lancia at its bonkers best. Not as bombastic as the rallying heroes, and perhaps not as well-appointed as cars from Lancia’s luxury heyday, but as a demonstration of what we know and love about the marque, it’s unquestionably up there with the very best.
If it’s good enough for Mr Bean…
The 1989 car seen here was formally owned by Rowan Atkinson and is thought to be one of around 20 Thema 8.32s in the UK.
According to the previous vendor, Silverstone Auctions, the actor ‘spent a considerable sum maintaining and improving the car’, with a history file showing close to £20,000 in bills. That figure sounds scary, but an 8.32 should be no more troublesome than a Thema Turbo, and its low-stress V8 might actually be more reliable if maintained to a high standard. Plus, you’re hardly going to use it daily, which means fuel economy is unlikely to be an issue.
Perhaps, like Rowan Atkinson, you have a cunning plan to purchase one, merely to say you own a Lancia Thema 8.32. And why not? We would happily while away the hours in those rich and sumptuous velour seats.
An extraordinary retro car from the most Italian car company on earth. They don’t make them like they used to. Bring on the Lancia comeback.
All photos © Silverstone Auctions
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